Why we’ve switched to Bank Australia

 

by Anthea Smits, CEO

 

 

There’s been excitement around TDi this month – we are now officially a customer with Bank Australia!

Why the change?

When I first started to think about impact investing many years ago, a dear friend and mentor challenged me to think about where I bank, and what my superannuation is doing.

Most people don’t think of themselves as investors but the fact is, we make investment decisions every week as we transact with a bank and invest our super.

So why did TDi choose Bank Australia?

Bank Australia has made a world-leading commitment to achieve net zero emissions across its operations and portfolios by 2035. We all know the 2050 target is way too late. Bank Australia has made a commitment to just make it happen.

Bank Australia is a Certified B Corp (a for-profit enterprise that meets the highest standards of social and environmental impact)

Bank Australia has made a commitment to decarbonise the economy by ceasing fossil fuel car lending by 2025.

Bank Australia is committed to investing in Clean Energy Transitions, Inclusive Community Housing, Green and Sustainable Investments – all things we at TDi care deeply about.

As we move into a new season (more on that in the months to come), we knew it was important to ensure that the practical side of what we do is intimately aligned with our values and our goals.

We are so energised by this change, and we’re thrilled to see other enterprises making similar shifts across their operations.

 

 

 

 

 

 

Read next: Don’t Underestimate the Impact of Finance, by Senior Consultant Isaac Jeffries

Spread the love

An important message about the future of TDi

At the end of 2024 The Difference incubator closed its doors. The Board and Leadership made the brave, bold decision to invest in the future, transferring resources to our impact area of Locally-led Regenerative Economies, now known as Neighbourhood Economics. This...

Decent Work for Women Exiting the Justice System: Employment Collaboration Project

Over the past few months we’ve been working closely with community organisations who support women and non-binary folk to rebuild their lives after contact with the justice system.In our previous blog post on Decent Work for Women Exiting the Justice System, we looked...

Lessons from PNG’s entrepreneurs: Enchancing our approach to business support

Part 3 of our series on economic development in PNG: Here’s what we’ve learned from working within PNGs unique entrepreneurial landscape that informs the work ahead, and our practice as a whole.

7 Key Insights from 7 Years of Economic Development in PNG

In part 2 of our series on our economic development work in PNG, we reflect on the lessons we’ve learned over the last seven years, and how they might inform the future of economic development work with our much beloved neighbour.

Advancing an inclusive economy in PNG: Understanding the context and our approach to economic development

Part 1 in a series where we reflect on our work in PNG over the last 7-8 years, as well as the lessons we’ve learned, and where we believe further work should be focused over the next decade as we dream about an inclusive economy for our closest neighbour.

Creating Decent Work for Women Exiting the Justice System

Approximately 4,500 women exit the criminal justice system across Australia each year. How can create decent work for these women and drastically reduce recidivism? We’re exploring five pathways forward for women’s economic equality.

Is social entrepreneurship a good bedfellow for systems innovation?

How can social entrepreneurship serve systems innovation to address global challenges, and how can entrepreneurship catalyse transformative change within complex systems?

Ten years, a new chapter: Pioneering a new economy worthy of the human spirit

After ten years of learning and unlearning in economic development, our new strategy is a roadmap to an economy worthy of the human spirit.

Women’s economic equality: Breaking barriers, creating opportunities

To dismantle the barriers holding women back from economic participation, we must challenge existing paradigms, embrace innovation, and create opportunities designed for and by women. We're committed to making women's economic equality a reality, and we invite you to...

Inner Development key to achieve sustainable business growth: Our InsideOut Model

By Anna Moegerlein, Deputy CEO   In the realm of economic development, a critical realization has emerged—the need for a holistic approach that integrates Inner Development with Enterprise Development. We’ve spent years testing and refining our approach to...