Bank Australia switches entirely to renewable energy

Last Modified: Fri May 10 2019 18:57:14 GMT+0530 (India Standard Time)
  • 70%
    of the bank's greenhouse gas emissions are from electricity, and hence the bank's priority to switch to renewable energy.
  • 2015
    Year, Bank Australia sets a goal for the bank to switch over to 100% renewable electricity by 2020.
  • 2011
    Year the bank turned carbon neutral, which means it measures its greenhouse gas emissions and buys carbon offsets to balance them out.
  • ? kWh
    Capacity of the rooftop solar system installed at the bank’s head office in Melbourne since 2008. The system comprises of around 88 solar panels.
  • 32.5 kWh
    Capacity of the rooftop solar system that was installed at the Bank's National Customer Contact and Lending Centre building in Latrobe Valley. The system was installed by local supplier Gippsland Solar in Apr 2018 and comprises of around 110 solar panels.
  • 2018
    Bank Australia is 1 of 17 organizations that sign up a 10-year agreement to buy power and renewable energy certificates from the new Crowlands Wind Farm, which will be built and operated by clean energy company Pacific Hydro.
  • Apr 2019
    Bank Australia joins RE100, the global business initiative on 100% renewable power led by The Climate Group, the international non-profit committed to accelerating climate action. By joining a global movement on renewables and calling for others to follow, the company will have greater impact on driving the shift to clean energy markets and deliver on its existing commitment to source 100% renewable electricity by 2020.
  • 07 May 2019
    Bank Australia becomes the first bank in Australia to switch to 100% renewable electricity and achieves this milestone one year ahead of their 2020 target.