2009 Shareholder Review

Corporate responsibility

Environment

Working to manage the direct impact of our operations and the indirect impacts we have through our customers

 

As a bank, we have an impact on the environment directly through our operations and indirectly via our customers and suppliers. This year we have continued our focus on driving energy efficiency through our business, and improving the sustainability of our building portfolio and vehicle fleets.

Achievements

  • Reduced greenhouse emissions by more than 14,000 tCO2-e, as we work towards our 2010 group-wide reduction target of 33,000 tCO2-e.
  • Moved into four new sustainably designed buildings in New Zealand and Australia.
  • Introduced energy-efficient vehicles, such as the Toyota Prius in Australia, to our fleet.
  • Expanded our portfolio of renewable energy projects (measured by an 88% increase in design-rated megawatt generation capacity).
  • Supported the World Wide Views and Youth Decide initiatives, giving Australian citizens a voice on climate change.
  • Signed the Poznan and Copenhagen communiqués on climate change along with other global business leaders.
  • The first high street bank in the UK to be awarded the Carbon Trust Standard for managing energy use and greenhouse emissions.

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