Asia Pacific > Australia’s Commonwealth Bank invests in carbon developer, as banks’ lending habits in the spotlight

Australia’s Commonwealth Bank invests in carbon developer, as banks’ lending habits in the spotlight

Published 02:09 on May 30, 2023  /  Last updated at 02:09 on May 30, 2023  / Mark Tilly /  Asia Pacific, Australia

The Commonwealth Bank has partnered with a carbon project developer to expand its native seed production to help meet growing demand for carbon and biodiversity restoration projects, the company announced Tuesday, as new research has highlighted Australian banks’ continued spending on fossil fuels.
The Commonwealth Bank has partnered with a carbon project developer to expand its native seed production to help meet growing demand for carbon and biodiversity restoration projects, the company announced Tuesday, as new research has highlighted Australian banks’ continued spending on fossil fuels.


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