Corporate Strategy

CBA slashes oil and gas financing

Market Forces has commended Commonwealth Bank for slashing its financing for oil and gas from $3.3 billion in 2022 to $800 million in the last financial year and is pressuring the other major banks to follow suit.

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Read more: Commonwealth BankCBAMarket ForcesNABCommBankCFSILAIA AustraliaANZColonial First State InvestmentsColonial Mutual Life Assurance SocietyGlencoreMacquarieMatt ComynMorgan PickettParis AgreementWestpac