Teachers Mutual Bank Limited’s submission to the Treasury Sustainable Finance Strategy Consultation
Teachers Mutual Bank Limited’s submission is focused on providing a mutual bank perspective.
The Bank applauds the high ambition approach, the aim to be a global sustainability leader, and support for clear and credible leadership in finance.
Our seven inputs:- Adopting a proportional and principles based approach
- Formally recognise existing leadership standards
- Standards set a floor not a ceiling
- Formal classification of fossil-fuel industry free banks with a greenium
- Unlocking capital in mutuals
- Sustainable banks not just sustainable products
- Innovation in global leadership
More information:
TMBL's Sustainable Finance Strategy Submission
Sustainable Finance Strategy | Treasury.gov.au