Teachers Mutual Bank ranked among top CSR organisations

Teachers Mutual Bank ranked among top CSR organisations

The '2015 Annual Review of the State of CSR in Australia and New Zealand', published by the Australian Centre for Corporate Social Responsibility (ACCSR), has  ranked Teachers Mutual Bank as one of the region’s most sustainable companies.  

Teachers Mutual Bank’s scores of 94% for CSR Management and 93% for CSR Innovation were far higher than the ‘finance and insurance industry’  and ‘all industry’ averages.   

This is only the second time Teachers Mutual Bank has participated in the Review, and the first time it has been named to the Review’s CSR Top Ten Organisations.

Teachers Mutual Bank excelled in a new category added in 2015, ‘CSR Innovation’. The Bank’s 93% score far outranked the finance and insurance industry average (69%), the all industry average (68%), and the CSR Top Ten. 

The Bank’s score of 94% in CSR Management outranked the finance and insurance industry average (74%) and the all industry average (76%). 

The Review published annually since 2007 is 'the biggest ongoing survey of CSR practice and performance in Australia’.  The Review scores and ranks eight metrics for CSR Management and CSR Innovation, based on employee rankings from 1,000+ professionals working in Sustainability or related fields. The 2015 Review is sub-titled ‘Initiators – Integrators – Innovators’ with a focus on organisations’ level of maturity in sustainability.

“The State of CSR Annual Review is a key benchmark document for understanding where organisations stand in their CSR journey. This year’s results show the strong value proposition of TMB’s approach and the depth of CSR integration within the business.” said Dr Leeora Black, CEO of ACCSR. 

The ACCSR report provides sector and average scores. Individual company scores are provided to each company in a benchmarked Executive report. Teachers Mutual Bank has published its report.

Key Data

Teachers Mutual Bank's executive report is published here