Australian Mutual Bank
New South Wales, Australia
Deposit bank - Developed Markets
Service with Minor Environmental Footprint
Australian Mutual Bank is a community-based banking organisation that values its members and puts their interests first, providing quality banking, loan and investment services to the community since 1953. Our purpose is to provide Australians who want ethical financial services with a bank that aligns with their values. In line with our ethical approach, we do not invest our members’ funds in industries that may cause harm to the environment or to wildlife, contribute to climate change or hamper efforts to reduce carbon emissions. This extends beyond environmental issues, to areas such as gambling, weapons, and animal testing. Australian Mutual Bank is carbon neutral since 2021 under the Australian Climate Active certification, and is committed to action on climate change by reducing the environmental impact of our operations through improved efficiency, innovation and increased staff awareness. Becoming a B Corp enables us to be part of a bigger community of businesses with similar values and ethics that are shifting the global economy to benefit all people, communities, and the planet.
Overall B Impact Score
Governance evaluates a company's overall mission, engagement around its social/environmental impact, ethics, and transparency. This section also evaluates the ability of a company to protect their mission and formally consider stakeholders in decision making through their corporate structure (e.g. benefit corporation) or corporate governing documents.
What is this? A company with an Impact Business Model is intentionally designed to create a specific positive outcome for one of its stakeholders - such as workers, community, environment, or customers.
Previous Overall B Impact Scores
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