BRIEF: Bank Australia claims to be the first Australian bank to switch to 100 per cent renewable energy.

This comes one year ahead of its 2020 target and was made possible thanks to the installation of rooftop solar at the bank’s head office in Melbourne and National Contact Centre in the Latrobe Valley, and entering into a 10-year agreement with renewable energy developer Pacific Hydro as part of the Melbourne Renewable Energy Project.

The bank will avoid emitting 780 tonnes of carbon emissions per year, the equivalent to taking 232 cars off the road, by making the switch to renewables

Bank Australia is a member of RE100, a global business initiative led by the Climate Group in partnership with CDP, that brings together companies committed to 100 per cent renewable power.

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