CLIMATE PROTESTS AT NAB BRANCHES

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(TIE)There has been protest at some of the NAB branches in relation to the climate change where the protestors have disrupted the customers and the banking officials. In reponse to the protest the NAB officials have issued the clarification stating that

“We respect the right for people to protest. However when these activities impact the safety and wellbeing of our colleagues and customers we will call police.

“Climate action is everyone’s job. We need to be part of the solution and support our customers as they take action too.

“NAB is the only Australian bank that has signed the United Nations Environment Programme Finance Initiative’s Collective Commitment to Climate Action, working towards aligning business operations and lending portfolios to achieve net zero carbon emissions by 2050.

“We’re making progress on our goals of net zero emissions through our lending by 2050, and providing $70 billion in environmental financing by 2025.

“As announced in November 2020, NAB committed to a review of its oil and gas financing by September 2021and we anticipate releasing outcomes of the review later this year.”

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