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Commonwealth Bank first with sustainable branch template

The Commonwealth Bank can now roll out Green Star-rated branches with ease after becoming the first financial institution to get Green Star certification for its “standard design” branch fitout.

The bank received a 5 Star Green Star assessment from the Green Building Council of Australia, which it can now replicate across future branch developments and retrofit for its existing 1000-plus branches. The design incorporates low-VOC paint, FSC-certified timber, reduced water use and energy cuts of 40 per cent compared with typical branches.

GBCA chief executive Romilly Madew said the bank understood how sustainable workplaces translated to reduced costs, improved productivity and a smaller environmental footprint.

“CBA is taking this a step further by working with us on a simple approach that makes it easy to gain Green Star assessment for its new and refurbished branches,” Ms Madew said.

“This achievement underscores the importance of sustainability as a strategic business decision – as one that opens up new opportunities for CBA to engage with customers, attract and retain staff, and demonstrate a long- term commitment to corporate social responsibility.”

She said the GBCA was confident other banks would now follow CBA’s lead and develop their own sustainable branch templates.

Jennifer Saiz, head of group property for CBA, said the bank was committed to creating healthier workplaces for its staff.

“Our work with the GBCA will help us to improve the efficiency and productivity of our branches while also enhancing the experience for our customers,” she said.

The news follows the company’s Commonwealth Bank Place development in Sydney getting the first concurrent Green Star design, construction, interior fitout and operational performance ratings.

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