Commonwealth Bank of Australia

Unverified
XFID Unique Identifier for Commonwealth Bank of Australia: XONJNATD0K
Country
Australia
Sector
Wind Low Carbon Buildings Solar
Website
www.commbank.com.au
2 Certifications
1 Impact Report
1 Framework
1 Second Party Opinion

XF Company Profile

Extra-financial information found across 5 documents in the XframeworkID registry

NACE K Financial & Insurance Activities

Information extracted from documents in the registry. Values are as disclosed; this is not an assessment or rating. Last updated 2 Jun 2026.

Issuer Identity & Structure

Issuer name and country/jurisdiction
Commonwealth Bank of Australia, Australia FRAMEWORK 2024 2024
Issuer sector/industry classification
Financial & Insurance Activities METADATA
Issuer type
Bank FRAMEWORK 2024 2024

Green / Sustainable Finance Framework

Sustainable bond framework name and version
Green, Social and Sustainability Funding Framework February 2024 FRAMEWORK 2024 2024
Bond types covered under framework
Green bonds, Social bonds, Sustainability bonds FRAMEWORK 2024 2024
Framework publication date and update history
February 2024 FRAMEWORK 2024 2024
Eligible use-of-proceeds categories
Renewable energy, Low carbon transport, Energy efficient commercial buildings IMPACT 2025 2025
Project evaluation and selection process description
CBA's Green, Social and Sustainability Funding Steering Committee reviews and approves eligible assets identified by business units. Process guided by Environmental and Social Policy and Risk Management Framework SPO 2024 2024
Management of proceeds approach
Post Deal Management Team in Treasury Department manages proceeds SPO 2024 2024
Refinanced vs. newly financed project distinction
60% Refinanced, 40% Financed (newly financed) IMPACT 2025 2025
Sustainable finance taxonomy used
Climate Bonds Initiative taxonomies FRAMEWORK 2024 2024

External Review & Verification

Second Party Opinion (SPO) provider name and assessment date
Sustainalytics, February 2, 2024 SPO 2024 2024
SPO assessment scope and methodology
Use of proceeds, Project evaluation and selection, Management of proceeds, Risk management systems SPO 2024 2024
SPO preliminary evaluation or credibility rating
Credible, impactful, and aligned with relevant principles SPO 2024 2024
Assurance provider name and engagement period
Ernst & Young CERTIFICATION 2021 2021
Assurance level
Reasonable assurance CERTIFICATION 2021 2021
Assurance scope
Use of proceeds, Process for evaluation and selection of projects and assets, Management of proceeds, Reporting prior to issuance CERTIFICATION 2021 2021
Pre-issuance or post-issuance verification type
Pre-issuance assurance CERTIFICATION 2021 2021

Standards & Regulatory Alignment

Alignment with ICMA Green Bond Principles
Aligned with Green Bond Principles 2021 SPO 2024 2024
Alignment with ICMA Social Bond Principles or Sustainability Bond Guidelines
Aligned with Social Bond Principles 2023 and Sustainability Bond Guidelines 2021 SPO 2024 2024
Alignment with UN Sustainable Development Goals
SDGs 1, 2, 3, 4, 6, 7, 9, 11, 12, 13 SPO 2024 2024
Alignment with Climate Bonds Standard
Meets Climate Bond Standard requirements CERTIFICATION 2017 2017

Corporate Strategy & Mission

Corporate mission and sustainability strategy
Building a brighter future for all. Strategy: Build tomorrow's bank today for customers. Strategic priorities include leadership in Australia's recovery and transition FRAMEWORK 2024 2024

Proceeds Allocation & Reporting

Allocation of net proceeds by category
Renewable energy 77%, Low carbon transport 15%, Energy efficient commercial buildings 8% IMPACT 2025 2025
Allocated funds amount and currency
AUD 4.26 billion total eligible assets IMPACT 2025 2025
Eligible asset pool funding
AUD 2.13 billion, EUR 1,000 million Tier 2 subordinated, AUD 500 million Senior unsecured IMPACT 2025 2025
Geographical split of eligible green assets
Australia 50%, UK/Europe 23%, North America 27% IMPACT 2025 2025

Impact Metrics & Reporting

Environmental impact metrics (quantitative)
Renewable energy 1,611 MW, Low carbon transport 175 vehicles, Energy efficient buildings 5.5 star NABERS rating, 390,858 equivalent households powered, 42 million passengers carried annually IMPACT 2025 2025

Changes Over Time

Items where disclosed information changed across documents.

Assurance provider name and engagement period
2017 Ernst & Young, 20 December 2016
2025 PwC
Assurance level
2017 Reasonable assurance
2021 Reasonable
2025 Limited assurance
Pre-issuance or post-issuance verification type
2017 Pre-issuance verification
2021 Pre-issuance
Assurance scope
2017 Project selection, internal processes and controls, and reporting prior to issuance
2021 Use of proceeds, project selection, environmental performance information, management of proceeds, and reporting procedures
2024 Use of proceeds alignment and framework credibility
2025 GSSF Impact Report
Eligible use-of-proceeds categories
2017 Low carbon buildings (commercial), low carbon transport, wind farms
2025 Renewable energy, Energy efficient commercial buildings, Low carbon transport
Management of proceeds approach
2017 Policies and procedures for the management of proceeds raised from the Climate Bond
2024 Managed by CBA's Post Deal Management Team in Treasury Department
Bond types covered under framework
2021 Climate Bond, Green US Commercial Paper, Green Term Deposits, Green Repo
2024 Green, Social and Sustainability bonds
Second Party Opinion provider name
2021 Ernst & Young
2024 Sustainalytics
SPO assessment date
2021 12 November 2021
2024 2024-02-02