Teachers Mutual Bank Limited awarded 'Highly Commended' in Finder Green Bank of the Year 2023
Teachers Mutual Bank Limited has taken home their fifth Finder Green Award!
The Finder Green Awards help Australians find companies and products that lead the way for environmental sustainability.
The Bank was recognised as highly commended in the Green Bank of the Year category, reporting net zero carbon operations and holding B Corp certification. The Bank also scored highly for being the only Australian bank with Responsible Investment Association of Australasia (RIAA) certification for every mortgage, wholesale and retail product it offers.
In 2022, Teachers Mutual Bank Limited was the Finder Green Bank of the Year and in 2020 and 2021 the Bank was a Finalist in this category.
The Bank’s Head of Socially Responsible Banking, Corin Millais was named Finder Green Leader of the Year 2023, recognising his leadership and long-standing commitment to ethical and socially responsible banking.
Information by Finder about their Green Awards
The Finder Green Awards have been running since 2019 to help Australians find companies and products that lead the way for environmental sustainability.
The Finder Green Awards exist to help Australians make more sustainable decisions every day.
The Finder Green Awards aim to identify sustainability leaders across some of our main comparison categories including banking, insurance, superannuation and utilities.
The Finder Green Awards help you compare and choose a greener bank, by considering factors including greenhouse gas emissions, renewable energy use and waste management.
Switching to a sustainable bank is one way to put your money towards ethical and environmental causes without needing to make a purchase.
The Green Bank Criteria are: Current performance (23%), Environmental targets and reporting (11%), Sustainable financing approach (51%), Climate-friendly products (11%). The bank category was an important one for us when we started to build the Finder Green Awards. A lot of the products we compare here at Finder, from home loans to credit cards to savings accounts, are provided by banks. Banks also represent a high proportion of the biggest companies in Australia and almost certainly provide banking services to the rest. As a result, the decisions that banks in Australia make regarding climate change can have a huge impact.
Finder Green Awards 2023 - Recognising sustainable companies | Finder