Public Profile

Anz Bank

ANZ Bank, officially known as Australia and New Zealand Banking Group Limited, is a leading financial institution headquartered in Melbourne, Australia. Established in 1835, ANZ has grown to become one of the largest banks in the Asia-Pacific region, with significant operations across Australia, New Zealand, and various international markets. Specialising in retail, commercial, and institutional banking, ANZ offers a diverse range of core products and services, including personal banking, business loans, and wealth management solutions. The bank is recognised for its commitment to innovation and customer service, making it a trusted choice for millions. With a strong market position, ANZ has achieved numerous accolades, reflecting its dedication to sustainable banking practices and community engagement.

DitchCarbon Score

How does Anz Bank's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

39

Industry Average

Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

3

Industry Benchmark

Anz Bank's score of 39 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.

96%

Anz Bank's reported carbon emissions

In 2023, ANZ Bank reported total carbon emissions of approximately 149,658,000 kg CO2e globally. This figure includes 6,185,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 82,853,000 kg CO2e from Scope 2 emissions, related to indirect emissions from the generation of purchased electricity. Additionally, Scope 3 emissions, which cover all other indirect emissions, amounted to 60,619,000 kg CO2e. In Australia, ANZ's emissions for 2023 were about 67,761,000 kg CO2e for Scope 1 and 2 combined. The bank has not disclosed specific reduction targets or initiatives as part of its climate commitments, indicating a lack of formalised reduction strategies at this time. Overall, ANZ Bank's emissions data reflects its ongoing impact on climate change, and while it has made strides in reporting, the absence of defined reduction targets suggests an area for potential improvement in its sustainability efforts.

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20142015201620172018201920202021202220232024
Scope 1
13,630,000
00,000,000
00,000,000
00,000,000
00,000,000
000,000,000
00,000,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 2
194,666,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
62,509,000
00,000,000
00,000,000
000,000
000,000
000,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Anz Bank's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Anz Bank is headquartered in AU, which has a rank of very high, indicating very high grid carbon intensity.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Anz Bank is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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