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. What sets ANZ apart is its commitment to innovation and customer service, ensuring tailored financial solutions for its clients. With a strong market position, ANZ has received numerous accolades for its sustainability initiatives and digital banking advancements, solidifying its reputation as a trusted financial partner in the region.
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 39 is lower than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
As of 2023, ANZ Bank reported total carbon emissions of approximately 67,761,000 kg CO2e in Australia and about 3,602,000 kg CO2e in New Zealand, encompassing Scope 1 and 2 emissions. In the previous year, 2022, the emissions were approximately 79,787,000 kg CO2e in Australia and 4,429,000 kg CO2e in New Zealand. Globally, ANZ's emissions have shown fluctuations over the years, with a total of about 203,700,000 kg CO2e in 2020, which included significant contributions from Scope 1 (13,462,000 kg CO2e), Scope 2 (122,331,000 kg CO2e), and Scope 3 emissions (69,606,000 kg CO2e). Despite these figures, ANZ has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The bank's emissions intensity for electricity generation assets financed in Australia has been reported, reflecting its engagement in climate-related financial disclosures. Overall, while ANZ Bank has made strides in tracking its emissions, the lack of defined reduction targets suggests an opportunity for further commitment to climate action.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2014 | 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 | 000,000 | 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 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.