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Socially responsible banking at Teachers Mutual Bank Limited.

Our leading practices highlighted in the annual Responsible Investment Benchmark Report

 8 September 2020

The ‘Responsible Investment Benchmark Report 2020 Australia’ is the 19th Report by the Responsible Investment Association Australasia (RIAA). The report details industry data on the size, growth, depth and performance of the Australian responsible investment market over 12 months to 31 December 2019 and compares these results with the broader Australian financial market. 

Speaking on the release of the report, our CEO, Steve James, said:

“We are proud to be the only Australian bank to certify retail deposits and mortgages as responsible, as well as wholesale funding as ethical by the Responsible Investment Association Australasia (RIAA). This means approximately 97% of all products we sell are Certified responsible investments. It is our mission to give consumers the opportunity to shop ethically for banking products.

“In the wake of COVID-19, it is more important than ever to build a sustainable future. Financial institutions have the opportunity to make a difference, not only from their direct footprint, but also from the wider impact that may occur from their investment and lending. We are committed to using banking as a force for good, and hope to see more of the finance sector move towards this.”

Read the report

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