Bank of Queensland Ltd 2020 SR
The report outlines Bank of Queensland's (BOQ) sustainability performance for the 2020 fiscal year, highlighting its first report prepared in accordance with GRI Standards (Core option). Key achievements include the development of a sustainability balanced scorecard and a commitment to achieving carbon neutral accreditation by the end of 2020. The company responded significantly to the COVID-19 pandemic by providing banking relief packages to over 28,500 customers and increasing its community investment to $841,000. BOQ also made progress in diversity, reaching 37.5% female representation on the Board and 35% in senior leadership. Additionally, the bank committed to ceasing equipment finance for fossil fuel extraction by 2024 and is working toward 100% renewable energy through the RE100 initiative.
Company: Bank of Queensland Ltd
Sector: Financials
Country: Australia
Year: 2020
Type: SR
Pages: 20
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Bank of Queensland Ltd
Sustainability Report
The report outlines Bank of Queensland's (BOQ) sustainability performance for the 2020 fiscal year, highlighting its first report prepared in accordance with GRI Standards (Core option). Key achievements include the development of a sustainability balanced scorecard and a commitment to achieving carbon neutral accreditation by the end of 2020. The company responded significantly to the COVID-19 pandemic by providing banking relief packages to over 28,500 customers and increasing its community investment to $841,000. BOQ also made progress in diversity, reaching 37.5% female representation on the Board and 35% in senior leadership. Additionally, the bank committed to ceasing equipment finance for fossil fuel extraction by 2024 and is working toward 100% renewable energy through the RE100 initiative.
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Document Details
Report Year
2020
Reporting Period
Sep 1, 2019 - Aug 31, 2020
Fiscal Year
2020
Published
Oct 13, 2020
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 2:
Women on Board
Women in Management
Net Zero Target
Employees