Direct Lobbying Transparency
| Overall Assessment | Comment | Score |
|---|---|---|
| Comprehensive | National Australia Bank provides extensive, policy-specific detail about its climate-lobbying activity. It identifies a broad suite of measures it has engaged on, including submissions on the Corporate Emissions Reduction Transparency Scheme, the Climate Change (National Framework for Adaptation and Mitigation) Bill, consultations on Safeguard Mechanism reforms, the Nature Repair Market Bills, Australia’s Sustainable Finance Strategy exposure draft, the New Zealand Financial Sector (Climate-related Disclosures and Other Matters) Amendment Bill and global IFRS sustainability-reporting standards. The bank also explains how it engages: it notes “direct consultation with our customers, government and other stakeholders; participation in industry roundtables; and through contribution to the Australian Banking Association and other industry association submissions and statements,” and cites its own submissions to the Clean Energy Regulator, the Australian Treasury, the Department of Climate Change, Energy, Environment and Water, and New Zealand parliamentary committees, demonstrating both direct and association-based channels and naming the specific bodies targeted. Finally, NAB is clear about what it wants these engagements to achieve, advocating for “sectoral pathways, sustainable finance, emissions reduction, energy efficiency and electrification, climate disclosure and consistent reporting regimes, managing climate risk, just transition for workers and communities, natural disasters, climate resilience and biodiversity,” and stating its “support with no exceptions” for mandatory climate-related financial disclosure and for tightening emissions baselines in line with Australia’s Paris-aligned net-zero pathway. Together, these disclosures provide a high level of transparency across the policies addressed, the mechanisms employed and the outcomes sought. | 4 |