Banks and climate change survey: 2016
This was an online survey. The survey was in the field from Monday 15th August to Friday 19th August 2016. The survey fieldwork was conducted by the Online Research Unit (ORU). Data tables were prepared by Essential Research. The target population for this research was Australian adults aged 18+.
Almost three quarters (72%) of the Australian population consider it to be important that their bank invests in companies and projects that don’t harm the environment and contribute to climate change.
Almost half of Australians (46%) say that if they learned that their bank was lending to projects that harmed the environment and contributed to climate change they would be more likely to consider moving to another bank.
Around half of Australians believe it to be likely that they would consider moving to another bank if their current bank lent to:
- Coal and gas export projects in the Great Barrier Reef World Heritage Area (47%)
- Coal seam gas (e.g. fracking) near agricultural communities (48%)
71% of Australians support the Big 4’s decision to support the Paris Agreement (limiting global warming to below two degrees). Furthermore, 65% of Australians agree that given the Big 4 banks have supported the Paris Agreement, they would now expect them to avoid funding and lending to projects that expand the size of the fossil fuel industry.
