Major banks lent $3.6b to fossil fuel projects in 2023 using a ‘back door’

ANZ, NAB, Westpac and CommBank collectively loaned billions to companies such as Santos and Woodside to expand or operate oil, gas and coal projects. ANZ, NAB, Westpac and CommBank collectively loaned billions to companies such as Santos and Woodside to expand or operate oil, gas and coal projects. Banking, Oil and Gas, Coal, Economic Trends, Industry Latest business news