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.
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.
Industry Benchmark
Anz Bank's score of 63 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Anz Bank's reported carbon emissions
In 2024, ANZ Bank reported total carbon emissions of approximately 60,638,000 kg CO2e for Scope 1 and 2 emissions in Australia. This marks a reduction from 67,761,000 kg CO2e in 2023, indicating a positive trend in their emissions management. For New Zealand, the bank's Scope 1 and 2 emissions were about 3,351,000 kg CO2e in 2024, down from 3,602,000 kg CO2e in 2023. Globally, ANZ's emissions for 2024 included approximately 5,958,000 kg CO2e from Scope 1, 36,076,000 kg CO2e from Scope 2 (market-based), and 68,845,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions breakdown reveals significant contributions from business travel (20,459,000 kg CO2e) and employee commuting (22,008,000 kg CO2e). ANZ has set ambitious reduction targets, aiming to decrease Scope 1 and 2 emissions by 24% by 2025 and by 35% by 2030, using a 2015 baseline. Additionally, the bank is committed to achieving net zero emissions by 2050, aligning with the Paris Agreement. They also target a 60% reduction in emissions intensity for large-scale office buildings and shopping centres by 2030 from a 2019 baseline. The emissions data is sourced from ANZ Group Holdings Limited, with no cascaded data from other corporate entities. ANZ's ongoing commitment to sustainability is reflected in their proactive approach to reducing their carbon footprint and enhancing their climate resilience.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 13,630,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 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 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions 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 participating in some of the initiatives that 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.
