- Business finance for green equipment increased by 59% between April and June 2023
- Businesses in South Australia, NSW and Tasmania are leading growth
- CEO and Founder of car leasing company, CarBon, said the finance option is helping his business make immediate reductions to its carbon emissions.
- South Australia is up 380%
- New South Wales up 89%
- Tasmania up 58%
- West Australia up 33%.
- *Comparison period: April – June ‘23 vs Jan – Mar ‘23
- More information on business finance for green equipment can be found here
- NAB’s business insights report on why sustainability matters for business can be found here
- Green equipment refers to the categories of vehicles and equipment that NAB has determined are eligible to be financed under its Equipment Finance Green Asset framework. The categories of vehicles and equipment and the criteria which apply to those categories have been developed by NAB and are subject to change.