Anz Bank

Anz Bank's reported carbon emissions

ANZ Bank, headquartered in AU, operates within the financial intermediation services sector. **Emissions Overview:** * **2025:** ANZ Bank reported a total of 228,861,000,000 kg CO2e (approximately 228.9 billion kg CO2e). This figure encompasses Scope 1, 2, and 3 emissions. * Scope 1 emissions were approximately 6,269,000 kg CO2e. * Scope 2 emissions, using the market-based method, were about 2,272,000 kg CO2e, while the location-based method indicated approximately 74,955,000 kg CO2e. * Scope 3 emissions were substantial, totalling approximately 150,531,000 kg CO2e, with significant contributions from business travel (24,904,000 kg CO2e) and employee commute (27,562,000 kg CO2e). * **2024:** The bank reported a total of 305,202,000,000 kg CO2e (approximately 305.2 billion kg CO2e). * Scope 1 emissions were around 5,958,000 kg CO2e. * Scope 2 emissions (market-based) were approximately 36,076,000 kg CO2e, with the location-based figure at about 76,020,000 kg CO2e. * Scope 3 emissions amounted to roughly 147,138,000 kg CO2e. * **2023:** Total emissions were approximately 102,987,000 kg CO2e. * Scope 1: 6,185,000 kg CO2e. * Scope 2 (market-based): 35,939,000 kg CO2e. * Scope 3: 60,619,000 kg CO2e. * **2022:** Total emissions were around 140,479,000 kg CO2e, with Scope 1 at 5,819,000 kg CO2e and Scope 2 (market-based) at 48,531,000 kg CO2e. Scope 3 emissions were approximately 38,634,000 kg CO2e. * **2021:** Total emissions were approximately 107,712,000 kg CO2e, comprising 6,424,000 kg CO2e for Scope 1 and 59,004,000 kg CO2e for Scope 2 (market-based). Scope 3 emissions were around 42,288,000 kg CO2e. * **2020:** Total emissions were approximately 161,088,000 kg CO2e, with Scope 1 at 11,762,000 kg CO2e and Scope 2 (market-based) at 83,324,000 kg CO2e. Scope 3 emissions were approximately 69,606,000 kg CO2e. * **2019:** Total emissions were reported as 250,857,000 kg CO2e. This included Scope 1 emissions of approximately 16,179,000 kg CO2e and Scope 2 emissions of about 140,319,000 kg CO2e. Scope 3 emissions were 104,359,000 kg CO2e. * **2018:** Scope 1 and 2 emissions totalled 171,012,000 kg CO2e. * **2017:** Total emissions were 273,216,000 kg CO2e, with Scope 1 at 19,024,000 kg CO2e and Scope 2 at 161,969,000 kg CO2e. Scope 3 emissions were 105,907,000 kg CO2e. * **2016:** Total emissions were 299,224,000 kg CO2e, including Scope 1 (17,290,000 kg CO2e + 144,000 kg CO2e) and Scope 2 (172,447,000 kg CO2e). Scope 3 emissions were 109,591,000 kg CO2e. * **2015:** Total emissions were approximately 335,085,000 kg CO2e, with Scope 1 and 2 emissions totalling 210,000,000 kg CO2e. **Climate Commitments and Reduction Targets:** ANZ Bank has set several targets to reduce its environmental impact: * **Net Zero by 2050:** The bank supports the Paris Agreement's goal of transitioning to net zero emissions by 2050. * **Scope 1 and 2 Emissions Reduction:** * A commitment to reduce Scope 1 and 2 emissions by 24% by 2025 and by 35% by 2030, against a 2015 baseline. Some reports indicate a target to reduce absolute emissions by 50% by 2030 from a FY20 baseline. Furthermore, there are targets to reduce combined Scope 1 and 2 emissions by 85% by 2025 and 90% by 2030, against a 2015 baseline. * **Intensity Targets:** * A target to reduce the emissions intensity of large-scale office buildings and shopping centres by 60% from a 2019 baseline by 2030. * An emissions intensity target for aviation requiring a 20% reduction from a 2019 baseline by 2030. ANZ Bank is not currently reporting cascaded emissions data from a parent organisation.