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.
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.
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.
Anz Bank's score of 63 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, ANZ Bank reported total carbon emissions of approximately 60,638,000 kg CO2e for Scope 1 and 2 in Australia and about 3,351,000 kg CO2e in New Zealand. Globally, their emissions included approximately 5,958,000 kg CO2e for Scope 1, 36,076,000 kg CO2e for Scope 2 (market-based), and 68,845,000 kg CO2e for Scope 3. ANZ has set ambitious targets to reduce its emissions, aiming for a 24% reduction in Scope 1 and 2 emissions by 2025 and a 35% reduction by 2030, using 2015 as the baseline. Additionally, they are committed to reducing the emissions intensity of large-scale office buildings and shopping centres by 60% from a 2019 baseline by 2030. The bank supports the Paris Agreement's goal of achieving net-zero emissions by 2050 and has outlined a long-term target to reduce absolute emissions by 95% by 2040, based on a fiscal year 2020 baseline. These commitments reflect ANZ's dedication to addressing climate change and reducing its carbon footprint across all scopes of emissions.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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.