BankTrack is the international tracking, campaigning and civil society support organisation focused on commercial banks and their finance.
We aim to stop banks from financing harmful business activities and promote a banking sector that contributes to just societies and a healthy planet.
National Australia Bank's head offices in Melbourne. Photo: Aaroncrick via Wikimedia Commons (CC BY-SA 3.0) The National Australia Bank Group is one of the four biggest banks in Australia. It was founded in 1982 as the National Commercial Banking Corporation of Australia Limited. The Group is structured around regional banking and wealth management operations, active in international capital markets and institutional banking business. Its subsidiaries include MLC and Bank of New Zealand. In 2016 it divested its UK subsidiary Clydesdale and Yorkshire Banking Group, following the 2015 sale of its US subsidiary Great Western Bank, as part of a process of refocusing on its core markets of Australia and New Zealand.
| Website | https://www.nab.com.au/ |
| Headquarters |
800 Bourke St W, Docklands Victoria
3008 Melbourne
Australia
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| CEO/chair |
Ross McEwan CEO |
| Supervisor | |
| Annual reports |
CSR report 2019 Annual report 2018 CSR report 2018 |
| Ownership |
listed on Australian Securities Exchange
National Australia Bank's share holder structure can be accessed here. |
National Australia Bank's web page on corporate social responsibility can be accessed here.
The Equator Principles are a voluntary commitment of banks to try to avoid or minimise the social, environmental and human rights impact of projects they finance. For more information on the Equator Principles see their website here and the campaign page of BankTrack here.
The Equator Principles exist already since 2003. National Australia Bank (NAB) adopted the Equator Principles in 2007.
National Australia Bank (NAB) must report annually on its implementation of the Equator Principles. All information is supposed to be found here.
National Australia Bank (NAB) is involved in financing the following Equator Principles projects that BankTrack considers controversial.
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True leader
Front runner
Follower
Laggard
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BankTrack has assessed National Australia Bank (NAB) on its implementation of the UN Guiding Principles on Business and Human Rights in June 2016. National Australia Bank (NAB) is assessed as a Laggard, with a total score of 3/12.
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National Australia Bank (NAB) is reporting on the implementation here.
