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 61 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, ANZ Bank reported total carbon emissions of approximately 149,658,000 kg CO2e, with scope 1 emissions at about 6,185,000 kg CO2e and scope 2 emissions at approximately 82,853,000 kg CO2e. The bank 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 year. Additionally, ANZ is committed to reducing the emissions intensity of large-scale office buildings and shopping centres by 60% from a 2019 baseline by 2030. ANZ supports the Paris Agreement's goal of achieving net zero emissions by 2050, demonstrating its commitment to long-term sustainability. In 2022, the bank's emissions were reported at approximately 140,514,000 kg CO2e, indicating a reduction from previous years. The bank's proactive approach to climate commitments and emissions reduction aligns with industry standards and reflects its dedication to environmental responsibility.
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 | 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 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.