Working collaboratively with values based banks.
Global Alliance for Banking on Values
Changing the global banking system.
Changing the global banking system
The Global Alliance for Banking on Values (GABV) is an independent network of banks from around the world that are committed to using finance to deliver sustainable economic, social and environmental development.
The network spans 50 institutions that are collectively in charge of $230 billion of assets and serve 50 million customers.
We became the second Australian bank to be granted membership of the GABV in 2017.
The goal is to change the banking system so that it is more transparent, supports economic, social and environmental sustainability, and is composed of a diverse range of banking institutions serving the real economy.
We support the GABV Principles of Values based Banking which includes having a Triple bottom line approach at the heart of the business model.
Principles of Values-based banking
"Joining the GABV reflects our desire to promote our values globally and to work collaboratively with other international financial institutions towards shared sustainability goals. We really appreciate the opportunity to share the successes of our community and sustainability investments with our global partners, and to learn from their initiatives."Steve James, CEO