‘We Are Not Anti-Gas’: Commonwealth Bank CEO Defends Climate Policy

CEO Matt Comyn said while the bank supported the gas industry, it needed to keep its net-zero commitments.
‘We Are Not Anti-Gas’: Commonwealth Bank CEO Defends Climate Policy
Commonwealth Bank CEO Matt Comyn appears at a public hearing at Parliament House in Canberra, Australia, on April 15, 2021. AAP Image/Mick Tsikas
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Australia’s largest commercial bank has stated it is not “anti-gas” in response to concerns about the impact of its climate change policy on the country’s gas supply.

During a parliamentary inquiry on Aug. 29, representatives from the Commonwealth Bank of Australia (CBA) faced questions about the change in its lending policy for energy companies.

Alfred Bui
Alfred Bui
Author
Alfred Bui is an Australian reporter based in Melbourne and focuses on local and business news. He is a former small business owner and has two master’s degrees in business and business law. Contact him at [email protected].
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