Thoughts on The Commonwealth Bank Tracking Your Carbon Footprint?

I just heard about this last night on Youtube: https://www.youtube.com/watch?v=Lq5gAHsc7WA

KeepCashAlive #ByeByeCBA

The Commonwealth Bank are allegedly going to track your carbon footprint through your card purchases.

Luckily I don't have any CBA accounts, otherwise I would be closing them today.

What do people think about this? I try to pay cash as much as possible these days, apart from the supermarket where I use discounted giftcards or my 2% cash back HSBC debit card.

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Comments

  • The Commonwealth Bank are allegedly going to track your carbon footprint through your card purchases.

    They don't have access to my AMEX.

    • This should be a POLL
      Yes - agree or NO - Disagree

  • +3

    DILLIGAF

    YMMV

  • +5

    It's a PR exercise and corporate circle jerk I wouldn't think much of it but of course Reclaim Australia or whatever the f**k are jumping on it to rile up their audience.

    And that presenter couldn't look more like a crazy church lady with 5 cats if she tried.

  • +20

    Why am I not surprised this is posted by the same person who posted this.

    • +3

      Faraway ๐Ÿ˜‚๐Ÿ˜‚๐Ÿ˜‚

      • Putting the bag outside makes it a faraway bag, right?

  • +4

    Yet another example of the invasion of privacy by corporate Australia.

    • +4

      Um not sure if you realise but banks have always had a record of your purchases…

      • +5

        Of course they have. BUT, to now dissect and analyse the data is a different issue.

        • +3

          Commbank already groups your spending into categories based on retailer - Utilities, Transport, Groceries, etc. They're taking that data and using it to come up with an estimate based on the carbon footprint of that industry, they're not going in and actually dissecting the things that you buy. It's not going to be accurate at all and will mostly be seen as a tool to 'promote discussions around carbon emissions'.

        • You think they've not been doing this for ever? LMAO!

        • +3

          Just wait till you hear what Facebook, Google, hell even ozbargain does with your data.

          FWIW i couldn't care less. Data analytics is part of everyday life.

      • Not if you pay in cash.

  • +7

    HAHAHA… I watched about 60 seconds of this video and that woman is irritating AF. What a load of shit.

    And all the people that whine about this shit are happy to let the banks track everything else they do, let their ISP track what they do, give all their information to Google and/or Apple. Also happy to sell their souls to Fartbook and Instascam or sign up to a cashback site for that $3 gift card to a shop they wouldn't normally go to and give them their personal details.

    All I can say to these types of people is, STFU.

  • You playing netball OP?

  • +1

    No impact.

  • I can't wrap my head around why anyone would bank with CBA. They consistently show bad faith to their customers and seem devoid of all ethics.

  • -1

    "the government already tracks you through the Bill Gates microtracking devices implanted during your "covid-19" vaccination injection" - covid-19/antivax conspiracy nuts probably

    • -1

      Not me pal!!. I wear a special hat that was easy to make at home that blocks the signal.๐Ÿค 

  • "Reignite Democracy Australia", no wonder.
    Based on OP's previous posts, I remembered "Chuck" from Better Call Saul !!

    • (rattling collection tin) "We've found yet another example of how our way of life is under attack, quick, support the fight now, the culture wars need fresh coin!"

    • "Slippinโ€™ Jimmy with a law degree is like a chimp with a machine gun!โ€

  • +9

    'Hearing about things on youtube' is like getting your info from the drunk guy at Hungry Jacks at 3am.

  • +5

    What? You mean the social credit system we've been warning you about for years?

    Yeah, nah, bad idea, not good at all.

    (I wonder if they monitor the carbon footprint of all the boofheads who fly everywhere in their private jets to concoct these dastardly plans against everyone else?)


  • Pick your battles

  • +4

    OP just shilling some shitty YouTube channel for lunatics - If they really cared about discussion they would have posted CBA's announcement or a real news source.

    • +1

      You mean like a link to CBA's actual press release on what they are doing?

      Perish the thought.

  • CBA is 30% owed by US banks with links to CIA…..watch out guys they're coming for your carbon footprint, that fart in the elevator was the last straw /s

  • -1

    Hahaha… nice youtube vid.

    Pro-tip to all wannabe advocacy groups. Find a spokesperson that doesn't come across as a complete nutter.

    If some hysterical fool is the best representative for your cause, then that doesn't say much for the rest of you and your ability to rationally think about and comment on social policy.

    • If some hysterical fool

      Problem is that those don't wanting to hear what is being said will then automatically label them as hysterical fools.

      Applicable to everything: climate, social justice, economy, politics, wars, research, everything really.

      It is just natural.
      Most people do not want change.

      Don't rock the boat

      • Yeah, I get how you could conclude that,

        However in my case, I was being literal. As a few others have also mentioned, the person in the video comes across as a tad cuckoo. If I as someone aligned with that particular group, I wouldn't want her representing me. In my experience, if I want people to listen and consider your viewpoint, the best way to do it is actually to present it in a rational, professional way.

        • -1

          As a few others have also mentioned, the person in the video comes across as a tad cuckoo.

          Again, you choose to kill the messenger because you ( and "others") don't accept and/or don't want to accept what the message being transmitted states. Also to dismiss and discredit as loudly as possible. Similar to yelling when having no valid arguments.

          Thinking individuals are able to distinguish between propaganda that, although could be presented in a "rational, professional way", it is just propaganda.
          They listen to spontaneity and their reasoning rather than to a carefully orchestrated acting.

          By the way, imagine what else a Commonwealth Bank appointed troll or "influencer" will do other than attacking the messenger.

  • +1

    Forget Slavvy and Pam, you're my new favourite Ozbargainer!

  • +2

    Aren't banks top 10 for electricity consumption, seems a bit rich coming from them

  • My thoughts? Holy shit some people are insane - no idea why anyone would believe this trash or would consider closing a bank account because of something like this.

    You have to be extremely deranged to listen to this.

  • +1

    How accurate is a lot of this tracking?

    Unless they also have a itemised list of the purchases and they dont they only get the total invoice from that business.

    I could go into bunnings and buy trees, vege seedling etc or paint, mineral turps or lengths of steel.

    Totally different carbon footprint in creation but also the long term carbon footprint is dramatically different.

    Just a PR stunt.

  • +1

    CCP model in action… I wouldn't be surprised if they end up sharing the data with the Govt

  • It's a precursor to individual carbon footprint passports. Covid passports were a test run. You will own nothing, live in a pod, meat will be a treat and you will eat the bugs. They already told us what's coming. This is just part of the normalisation process.

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