By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Marketing In Asia
  • Marketing
    • Viral
    • Expert Opinions
    • News & Trends
    • Research
    • Market Podcasts
    • Market Videos
    Marketing
    This category deals with best news and updates on marketing and branding news and events.
    Show More
    Top News
    Gramin
    Garmin Unleashes Feature-Packed Update for Fenix 7 and Forerunner Watches
    7 hours ago
    AI
    Sana: The AI-Powered ‘Digital Library of Alexandria’ Revolutionizing Enterprise Information Accessibility
    9 hours ago
    Dheeraj Raina
    Gentari Welcomes New Chief Marketing Officer: The Next Chapter for Dheeraj Raina
    9 hours ago
    Latest News
    Revolution in Tech Journalism: Technical Guruji Joins NDTV’s Tech Division
    3 hours ago
    Newly Discovered Exploit Plagues WooCommerce, Shopify, and Magento
    4 hours ago
    Ignite Your Passion With Tiger Crystal’s New Campaign: ‘Brewed For Your Fire
    3 hours ago
    Randstad 2023 Report: Work-Life Balance Critical to Employee Retention in Malaysia
    6 hours ago
  • Startup
    • News from Startup world
    • Startup Stories
    • Trends and Opinions
    • Startup Podcasts
    • Startup Videos
    Startup
    News and articles from startup and venture investment world
    Show More
    Top News
    women entrepreneur
    The Rising Tide: Transforming the Scene for Women Entrepreneurs in India
    2 weeks ago
    benefits of Venture studios
    Comparing Venture Studios and Traditional VC Firms: Key Differences to Know
    2 weeks ago
    funding
    Matrix Partners India Boosts its Fourth Fund to $525M Amid Economic Uncertainty
    2 weeks ago
    Latest News
    NTU Singapore and Delta Electronics Initiate $17.8M Laboratory Venture
    4 hours ago
    UBS Gears to Finalize Credit Suisse Takeover by June 12 
    1 day ago
    Shilpa Shetty Fuels Fitness Revolution with KisanKonnect Partnership
    6 days ago
    Open-Source OOH Audience Measurement Framework Unveiled by Regional Advertising Leaders, AAMS, and Moving Walls Group
    1 week ago
  • Business
    • Feature Stories
    • News
    • Business Podcasts
    • Business Videos
    Business
    News and press releases from business world of Asia
    Show More
    Top News
    AI
    Sana: The AI-Powered ‘Digital Library of Alexandria’ Revolutionizing Enterprise Information Accessibility
    9 hours ago
    Dheeraj Raina
    Gentari Welcomes New Chief Marketing Officer: The Next Chapter for Dheeraj Raina
    9 hours ago
    Joanna Su Yin Cockle
    Joanna Cockle: The New Marketing Maven at Villa Finder
    9 hours ago
    Latest News
    NTU Singapore and Delta Electronics Initiate $17.8M Laboratory Venture
    4 hours ago
    Newly Discovered Exploit Plagues WooCommerce, Shopify, and Magento
    4 hours ago
    Keso Kendall Steps Up as Senior VP of TEAM LEWIS to Lead Operations Across APAC
    8 hours ago
    HKGCC Recommends Labour Importation to Counter Widespread Talent Deficit in Hong Kong
    8 hours ago
  • Society
    • Inspiration
    • Destinations & Travel
    • Food & Gourmet
    • People
    • Young Voices
    • Society Videos
    • Society Podcasts
    Society
    News and articles from and for societies around us
    Show More
    Top News
    Blackpink's Rosé Leads K-beauty's Digital Revolution: Sulwhasoo and Lazada Unite for 'Shoppertainment'
    Blackpink’s Rosé Leads K-beauty’s Digital Revolution: Sulwhasoo and Lazada Unite for ‘Shoppertainment’
    1 week ago
    Sari
    The Sari Transformed: A Global Journey from Traditional Garment to High Fashion
    2 weeks ago
    Podcast
    Unplug and Tune In: Top 5 Indian Podcasts for Your Listening Pleasure in 2023
    2 weeks ago
    Latest News
    Revolution In Customer Loyalty: DFS Group’s DFS CIRCLE Transforms Luxury Travel Retail Experience 
    2 days ago
    Immerse Yourself in the Aromatic Extravaganza: Thailand Coffee Fest 2023 
    1 week ago
    MS Dhoni: The Quintessential Leader of Indian Premier League (IPL) 
    1 week ago
    Petronas Unveils Heritage-Rooted Films: A Celebration of Malaysia’s Cultural Richness
    1 week ago
  • Stories
  • Videos
    • Videos Gallery
    • The Opinion Scout
    • Step By Step
    • Market Masters Series
Search
Technology
  • Hot
  • Trending
  • Editor’s Choice
  • NSFW
  • Reactions
  • Authors
  • Viral on Internet
Other Pages
  • My Bookmarks
  • Customize Interests
  • About Marketing In Asia
  • Business Register & Login
  • Startup Register & Login
  • Disclaimer
  • Terms of Service
  • Privacy Policy
© 2023 Marketing In Asia Sdn Bhd. All Rights Reserved.
Reading: Commonwealth Bank of Australia Empowers Small Businesses With New Sustainability Action Tool
Share
Sign In
Notification Show More
Latest News
Technical Guruji
Revolution in Tech Journalism: Technical Guruji Joins NDTV’s Tech Division
Buzz Campaign Marketing
robot in a taiwan market
NTU Singapore and Delta Electronics Initiate $17.8M Laboratory Venture
Business Feature Stories Funding News News from Startup world Startup
cyber security threats
Newly Discovered Exploit Plagues WooCommerce, Shopify, and Magento
Business Marketing
Tiger Crystal's New Campaign
Ignite Your Passion With Tiger Crystal’s New Campaign: ‘Brewed For Your Fire
Buzz Campaign Press Release
Randstad 2023 Report
Randstad 2023 Report: Work-Life Balance Critical to Employee Retention in Malaysia
Opinion Press Release Trends
Aa
Marketing In Asia
Aa
  • Hot
  • Trending
  • Editor’s Choice
  • NSFW
  • Reactions
  • Authors
  • Viral on Internet
  • My Bookmarks
  • Customize Interests
  • About Marketing In Asia
  • Business Register & Login
  • Startup Register & Login
Search
  • Marketing
    • Viral
    • Expert Opinions
    • News & Trends
    • Research
    • Market Podcasts
    • Market Videos
  • Startup
    • News from Startup world
    • Startup Stories
    • Trends and Opinions
    • Startup Podcasts
    • Startup Videos
  • Business
    • Feature Stories
    • News
    • Business Podcasts
    • Business Videos
  • Society
    • Inspiration
    • Destinations & Travel
    • Food & Gourmet
    • People
    • Young Voices
    • Society Videos
    • Society Podcasts
  • Stories
  • Videos
    • Videos Gallery
    • The Opinion Scout
    • Step By Step
    • Market Masters Series
Have an existing account? Sign In
Follow US
© 2023 Marketing In Asia Sdn Bhd. All Rights Reserved.
Marketing In Asia > Blog > Business > News > Commonwealth Bank of Australia Empowers Small Businesses With New Sustainability Action Tool
BusinessNewsPress Release

Commonwealth Bank of Australia Empowers Small Businesses With New Sustainability Action Tool

profile
Last updated: 2023/05/22 at 9:00 PM
Komaldeep Kaur
Share
4 Min Read
Commonwealth Bank of Australia Empowers Small Businesses With New Sustainability Action Tool
SHARE

Ahead of the highly anticipated CommBank SmallBiz Week 2023 in Melbourne on 23-25 May, the Commonwealth Bank of Australia (CBA) has taken a major stride in assisting small and medium-sized enterprises (SMEs) in their sustainability journey. The prestigious financial institution has unveiled the groundbreaking Sustainability Action Tool, a game-changing solution designed to embed sustainability practices into the very core of SME operations.

Insights and Solutions to Overcome Barriers in Embedding Sustainability for SMEs

In a recent study conducted by the CBA, it was revealed that the primary pain points hindering SMEs from embracing sustainability are the cost of transitioning to sustainable practices, the challenge of finding reliable sustainable suppliers, and the lack of time and resources. With these obstacles in mind, the CBA Sustainability Action Tool has been developed to address these concerns head-on, empowering small business customers to identify sustainable choices suitable for their unique processes and operations.

The tool leverages a user-friendly interface that presents a series of straightforward questions to SME owners. Based on their responses, the Sustainability Action Tool offers valuable insights, resources, and actionable steps tailored to the specific needs and circumstances of each business. Initially focusing on energy, transport, and waste management, the tool will subsequently expand to cover an extensive range of sustainability topics such as supply chain management, product design, and employee wellbeing.

CBA’s Commitment to Empowerment and Environmental Impact

Kerryn Saward, an executive at CBA, emphasized the growing interest and implementation of sustainable practices within the SME community. She stated, “It’s clear small business owners have a strong interest in sustainability and are already implementing sustainable practices in their business.” This sentiment is reinforced by CBA’s own data, which reveals a doubling of electric vehicle financing for small businesses on a yearly basis.

Furthermore, Saward emphasized that small business owners are seeking practical and tangible sustainability solutions that can be seamlessly integrated into their operations with minimal effort and time. These entrepreneurs also desire access to knowledge and information that will steer them in the right direction when aligning themselves with the right businesses.

By utilizing the CommBank Sustainability Action Tool, small business owners can identify immediate and long-term changes that have the potential to generate a significant positive impact on both the environment and business costs. Such changes include conducting energy audits with energy providers, adopting advanced technologies like cloud computing services, and discovering effective strategies for reducing or disposing of hard-to-recycle waste.

Also read: Tropicana Corporation Wins Big At The StarProperty Real Estate Developer Awards 2023

The initial phase of the CommBank Sustainability Action Tool will be made available to all NetBank users in May, with new content continuously added from July onwards. This launch follows CBA’s recent introduction of Green Vehicle and Equipment Finance, a financing solution designed to support businesses of all sizes in their pursuit of sustainability and increased productivity.

Furthermore, in a remarkable move to stimulate the growth of sustainable practices among small businesses, the Australian government has extended the Instant Asset Write-Off scheme as part of the Budget 2023. This means that small businesses with an annual turnover under $10 million can now immediately deduct the entire cost of eligible assets valued at less than $20,000.

As the countdown to CommBank SmallBiz Week 2023 in Melbourne commences, it is evident that the launch of the Sustainability

You Might Also Like

NTU Singapore and Delta Electronics Initiate $17.8M Laboratory Venture

Newly Discovered Exploit Plagues WooCommerce, Shopify, and Magento

Ignite Your Passion With Tiger Crystal’s New Campaign: ‘Brewed For Your Fire

Randstad 2023 Report: Work-Life Balance Critical to Employee Retention in Malaysia

Keso Kendall Steps Up as Senior VP of TEAM LEWIS to Lead Operations Across APAC

Get Latest Job Updates on Whatsapp and Telegram
SCIKEY Logo
Whatsapp
Telegram
TAGGED: australia, CBA, Commonwealth Bank, marketing, news, small businesses, smes, sustainability

Sign Up For MIA Newsletter

Be keep up! Get the latest updates about the Marketing world delivered straight to your inbox.

    By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
    Komaldeep Kaur May 22, 2023 May 22, 2023
    Share This Article
    Facebook Twitter LinkedIn Email Copy Link Print
    Share
    What do you think?
    Love0
    Happy0
    Joy0
    Surprise0
    Sad0
    Angry0
    Cry0
    Previous Article The-Group-was-honoured-at-StarProperty-Real-Estate-Developer-Awards-for-the-seventh-year-1 Tropicana Corporation Wins Big At The StarProperty Real Estate Developer Awards 2023
    Next Article Eye on AI: ESET Unveils How Businesses and Organisations In Malaysia Can Leverage Advanced Machine Learning For Enhanced Cybersecurity Eye on AI: ESET Unveils How Businesses and Organisations In Malaysia Can Leverage Advanced Machine Learning For Enhanced Cybersecurity
    Leave a comment Leave a comment

    Leave a Reply Cancel reply

    You must be logged in to post a comment.

    Follow US

    8k Followers Follow
    3.4k Followers Like
    1.1k Followers Follow
    200 Followers Follow
    157 Subscribers Subscribe

    Latest News

    Technical Guruji
    Revolution in Tech Journalism: Technical Guruji Joins NDTV’s Tech Division
    Buzz Campaign Marketing 3 hours ago
    robot in a taiwan market
    NTU Singapore and Delta Electronics Initiate $17.8M Laboratory Venture
    Business Feature Stories Funding News News from Startup world Startup 4 hours ago
    cyber security threats
    Newly Discovered Exploit Plagues WooCommerce, Shopify, and Magento
    Business Marketing 4 hours ago
    Tiger Crystal's New Campaign
    Ignite Your Passion With Tiger Crystal’s New Campaign: ‘Brewed For Your Fire
    Buzz Campaign Press Release 5 hours ago

    You Might also Like

    robot in a taiwan market
    BusinessFeature StoriesFundingNewsNews from Startup worldStartup

    NTU Singapore and Delta Electronics Initiate $17.8M Laboratory Venture

    4 hours ago
    cyber security threats
    BusinessMarketing

    Newly Discovered Exploit Plagues WooCommerce, Shopify, and Magento

    4 hours ago
    Tiger Crystal's New Campaign
    BuzzCampaignPress Release

    Ignite Your Passion With Tiger Crystal’s New Campaign: ‘Brewed For Your Fire

    5 hours ago
    Randstad 2023 Report
    OpinionPress ReleaseTrends

    Randstad 2023 Report: Work-Life Balance Critical to Employee Retention in Malaysia

    6 hours ago
    //

    Get Asia to Notice You

    Quick Link

    • Contact
    • RSS Terms of Service
    • Policies & Standards
    • About Us
    • FAQ
    • Disclaimer
    • Terms Of Service
    • Privacy Policy

    Top Categories

    • Marketing
    • Startup
    • Feature Stories
    • News
    • People
    • Inspiration

    Sign Up for Our Newsletter

    Subscribe to our newsletter to get our newest articles instantly!

      Marketing In AsiaMarketing In Asia
      Follow US
      © 2023 Marketing In Asia. All Rights Reserved.
      • Disclaimer
      • Terms of Service
      • Privacy Policy
      Join the growing tribe of Marketing In Asia!

      Subscribe to our newsletter and never miss our latest updates, news, videos, podcasts etc..

        Zero spam, Unsubscribe at any time.