Product Name |
Community Access |
Issuer |
Bank Australia |
Category |
Banking |
Type |
Deposit/Savings account |
Target |
Retail |
Certified Since |
2016 |
Asset Classes |
Cash |
Markets |
Australia |
Investment Approaches |
Negative Screening, Positive Screening |
It Includes: |
|
It has some level of screening for: |
|
It fully excludes: |
|
Broker | Responsible Returns |
URL | https://www.responsiblereturns.com.au/investment-options/community-access/profile |
Overview
Bank Australia's deposit products are socially and environmentally responsible and still competitive relative to the major banks. For example, prospective lending customers are assessed by the bank to ensure they are able to assume their debt obligations without suffering financial hardship, the bank invests 4% of its after tax profits in projects with a positive social and environmental impact, the bank mitigates the social and environmental impacts of its operations and screens potential loans and investments for negative social and environmental effects, for example, excluding loans to the fossil fuel industry.
Description