Social responsibility

Being socially responsible is about the whole Bank and how it is run. It is built-in, not bolted on. 

Socially responsible banking

Being socially responsible is not just part of our business, it is how we do business. By using the term ‘Social Responsibility’, we mean all ethical, social and environmental responsibilities.

    • At Teachers Mutual Bank Limited, we are not like other banks - profit for purpose is our business model. 
    • Social responsibility drives everything we do: our business practices, people, and products. 
    • We believe banking can be a force for good.
    • Our socially responsible banking model applies across all four divisions of our Bank – Firefighters Mutual Bank, Health Professionals Bank, Teachers Mutual Bank and UniBank. 

    Do good with your money

    • Joining our bank means you can align your money with your values – at no extra cost. 
    • We invest your money responsibly and ethically. 
    • We don’t lend our members’ money to industries that pollute the planet, such as fossil fuels and tobacco, and the money they borrow from us never comes from polluting industries.
    • Every mortgage sold and deposit account opened is a socially responsible product.

    Acting on climate change

    • We take action on climate change and don’t take money from, or lend to, the fossil fuel industry. 
    • We are the only bank in Australia that certifies all our home loans, deposit accounts and wholesale investment products to exclude fossil fuels. 
    • We are net zero for our greenhouse gas emissions from our direct use, Scope 1 and 2 and we use 100% renewable electricity.