Our Certified responsible and ethical Investment products increased
14 October 2020
At our bank, all retail deposits, mortgages, and wholesale funding is Certified as ethical or responsible, representing 97% of all products that the Bank sells. These are measured over time on the balance sheet.
- Total Certified products increased by 85% from $764m to $1,413m in the 12 months to 30 June 2020
- $649m of Certified products were added in 12 months, compared to $544m in the previous 12 months
- Certified ethical investment products increased by 46% ($194m) from $420m to $614m
- Certified responsible investment products increased by 132% ($455m) from $344m to $799m
- Total Certified products represent 17.4% of the Bank’s balance sheet, compared to 9.5% as of 30 June 2019 and 3.1% as of 30 June 2018