Commonwealth provided $494 Mn in direct financing to fossil fuel companies in 2022

Commonwealth Bank of Australia

Impacts of Investments in the Energy Transition

7: Affordable and Clean Energy

Written by

Joyleen C. Oct 2nd, 2023

Reviewed by

Shruti S.

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#coal #wind #solar #turbines

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Commonwealth Bank of Australia

Impacts of Investments in the Energy Transition

7: Affordable and Clean Energy

Written by

Joyleen C. Oct 2nd, 2023

Reviewed by

Shruti S.

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The United Nations Sustainable Development Goals (SDGs) are the set of 17 goals agreed by 193 countries covering all the major impact areas we need to focus on. They are a universally recognised framework that allow governments, businesses, medias and civil society to share the same language and agree on a common set of targets to protect the planet and improve society.

At Impaakt, we use the SDGs as an analytical framework to help our contributors structure their work, and our clients compare the impact of different companies according to well-defined, standardized themes.

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Commonwealth provided $494 Mn in direct financing to fossil fuel companies in 2022

Impacts of Investments in the Energy Transition

Actual Direct Impact

Assess the impact materiality of this Topic for Commonwealth Bank of Australia

Share this Analysis

Impacts of Investments in the Energy Transition