Teachers Mutual Bank Limited named Green Bank of the Year
Teachers Mutual Bank Limited (TMBL) has won Green Bank of the Year in Finder’s Green Awards for 2022.
TMBL was recognised as a sustainability leader in the annual Finder Green Awards as judged by Finder, a global fintech and Australia’s most-visited comparison site.
The awards recognise the businesses that are sustainability leaders in their categories and help Australians make sustainable choices.
Green Bank of the Year criteria
To be eligible for the award, a company must have offered retail banking products to consumers in Australia in the 12 months prior to 31 December 2021.
General environmental criteria:
Current performance: 24%
- Emissions intensity
- Emissions intensity (inc. offsets)
- Energy from renewable sources
- Waste avoiding landfill
Environmental targets and reporting: 11%
- Emissions target
- Renewable energy target
- Waste target
- Public climate change plan
- External benchmarks/accreditation
Sector-specific environmental criteria:
Sustainable financing approach: 52%
- Negative screening
- Positive screening
- Climate positive financing
Climate-friendly products: 13%
- Deposits linked to sustainable outcomes
- Incentives/discounts for sustainable purchases or behaviour
- Carbon neutral products
- Other (specify)
Teachers Mutual Bank Limited was a finalist for this award in 2021 and 2020.
For more information about the Awards, visit Finder Green Awards 2022: Winners and finalists.