Suncorp Bank backs Aussie farmers through carbon farming

Suncorp Bank – Australia’s first certified carbon neutral Bank for both its operation and transaction services – is supporting carbon farmers to future-proof their farms.

Carbon farming is a process that encourages farmers to make land management changes to regenerate rural habitats and remove carbon from the atmosphere. Working with companies like Greencollar, they are able to calculate the amount of carbon removed and sell carbon credits to companies like Suncorp Bank.

Emaroo Station is one of four carbon farming operations Suncorp Bank has supported through the purchase of carbon credits as part of its carbon neutral certification by Climate Active. 

Suncorp Bank CEO Clive van Horen said: "Becoming carbon neutral is the right step towards reducing the effects of climate change and creating a brighter future for our customers and our people.

"We know this is only part of the journey. Suncorp Bank remains committed to a net-zero future and to actively pursuing steps to get us there by 2050.

"By this time next year, we will report on our emissions performance and set targets for our lending portfolio."