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ANZ Bank, formally known as Australia and New Zealand Banking Group Limited, is one of Australia's largest and most prominent commercial banking institutions. Headquartered in Melbourne, Australia, ANZ maintains a significant operational presence across Australia, New Zealand, Asia, and the Pacific.
Established in 1835, ANZ has evolved into a leading financial services provider, offering a comprehensive suite of banking and financial products. These include retail banking, wealth management, corporate and institutional banking, and commercial finance solutions tailored to a diverse clientele.
ANZ's distinctive approach combines traditional banking excellence with innovative digital solutions, aiming to empower individuals and businesses. As a top-tier bank in the Australian financial landscape, ANZ is recognised for its commitment to customer service and economic development across its core markets.
+18 vs industry average
Anz Bank’s score of 77 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Commercial Banking is among the least carbon-intensive industries
The Commercial Banking industry has reduced its overall emissions by 36% since 2018
Scope 3 accounts for ••• of total emissions.
ANZ's latest reported total carbon emissions for 2025 are not available. In 2024, ANZ reported total Scope 1 emissions of 5,958,000 kg CO2e, Scope 2 emissions (market-based) of 36,076,000 kg CO2e, and Scope 3 emissions of 147,138,000 kg CO2e. For 2023, the bank's total emissions were 99,464,000 kg CO2e, comprising 6,185,000 kg CO2e for Scope 1, 35,939,000 kg CO2e for market-based Scope 2, and 60,619,000 kg CO2e for Scope 3.
ANZ is committed to achieving net-zero emissions by 2050, aligning with the Paris Agreement. The commercial banking group has set several near-term absolute reduction targets. It aims to reduce Scope 1 and 2 emissions by 24% by 2025 and by 35% by 2030, against a 2015 baseline. Additionally, ANZ plans to reduce its absolute Scope 1 and 2 emissions by 50% by 2030, using a 2020 baseline. The bank also targets a 95% reduction in absolute emissions by 2040 from a 2020 baseline. Furthermore, ANZ intends to reduce the emissions intensity of large-scale office buildings and shopping centres by 60% by 2030, from a 2019 baseline.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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