Annual Results 2021 – 2022
Teachers Mutual Bank Limited releases 2021 – 2022 Annual Report and Sustainability Update
Teachers Mutual Bank Limited continues to build on its strong reputation as a world-leading socially responsible bank.
Released today, Teachers Mutual Bank Limited’s Annual Report and Sustainability Update 2021-22 showcases the Bank’s achievements that prove its ongoing commitment to its purpose: ‘banking for good, for those who do good’.
Key highlights include:
- Becoming a Certified B Corporation joining 5,000 organisations worldwide committed to using business as a force for good
- One of the World’s Most Ethical companies nine years in a row
- $10.8b in RIAA certified investments
- Green Bank of the Year in the 2022 Finder Green Awards
Teachers Mutual Bank Limited Chief Executive Officer, Steve James, said: “We recognise the importance of measuring our performance beyond profits. As we move towards a more sustainable future, acting in the best interests of our Members, our communities and the environment will lay the foundations for our long-term success.”
“Socially responsible banking drives everything we do. We’re proud to be a bank for good, for those who do good. We put people before profit – it’s central to the way we do business.”
In January 2022, Teachers Mutual Bank Limited built on its impressive sustainability credentials becoming a Certified B Corporation1 (B Corp), joining over 5,000 organisations worldwide committed to using business as a force for good.
B Corps meet the highest standards of verified social and environmental performance, public transparency, and legal accountability to balance profit and purpose.
Teachers Mutual Bank Limited was also named one of the World’s Most Ethical Companies2 for the ninth year in a row, achieving this recognition every year from 2014 to 2022.
In June 2022, the Bank was once again recognised as a sustainability leader winning Green Bank of the Year for 2022 in the Finder Green Awards.
1 Administered by non-profit B Lab
2 World’s Most Ethical Companies Recognition is based on Ethisphere Institute’s Ethics Quotient (EQ)