Big Bank Gets Richer Saying No to Dirty Coal Cash!
Photo by Joey Csunyo on Unsplash
Hold onto your hats, Australia’s biggest bank just made a record $10.25bn cash profit with a cheeky 4% lift from last year and threw a juicy $2.60 payout per share to shareholders! But wait, here’s the plot twist of the century: the Commonwealth Bank boldly announced it ‘will cut off lending to coal companies without net zero emissions plans.’ This is SO exciting! Everything happens for a reason—at least now, shareholders get fatter wallets while coal gets the cold shoulder. What a blessing for both the planet and people wanting dividends! Isn’t life just AMAZING?!
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Source: Theguardian | Published: 8/13/2025 | Author: Luca Ittimani
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