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NAB are funding climate chaos

Since January 2016, NAB have loaned $9.5 billion to fossil fuels, including $110 million to Whitehaven Coal in 2020.

NAB says they have a goal to align with global efforts to keep warming within the safer limit of 1.5°C. But to achieve that goal, the International Energy Agency and the world’s scientists say all coal expansion must stop immediately.

So why are NAB pouring millions into Whitehaven Coal – a company who justifies their business plans by referring to coal demand scenarios consistent with 3ºC of global warming – a truly catastrophic level of heating that would bring widespread ecological and societal collapse? 

For too long, NAB have greenwashed their image with empty climate promises, while using loopholes to keep funding reckless fossil fuel corporations, including Whitehaven Coal. But NAB’s climate commitments mean nothing if they continue enabling coal expansion. 

It's time for NAB to cut the greenwash. NAB must stop funding climate chaos, starting with ending support for Whitehaven Coal.

So what are you waiting for?

Together, we can move Australia beyond coal!