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Financial Intermediation
AU
updated 24 days ago

Anz Bank

Company website

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.

DitchCarbon Score

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.

66

Industry Average

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.

27

Industry Benchmark

Anz Bank's score of 66 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.

81%

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Anz Bank's reported carbon emissions

In 2024, ANZ Bank reported significant carbon emissions, totalling approximately 59,580,000 kg CO2e for Scope 1 emissions, which include mobile combustion (about 3,083,000 kg CO2e), process emissions (about 103,000 kg CO2e), fugitive emissions (about 333,000 kg CO2e), and stationary combustion (about 24,380,000 kg CO2e). The bank's Scope 2 emissions were reported at approximately 36,076,000 kg CO2e (market-based) and 76,020,000 kg CO2e (location-based). Additionally, Scope 3 emissions reached about 68,845,000 kg CO2e, with significant contributions from business travel (approximately 20,459,000 kg CO2e) and employee commuting (about 22,008,000 kg CO2e). ANZ has set ambitious reduction targets, aiming to reduce its Scope 1 and 2 emissions by 24% by 2025 and by 35% by 2030, using a 2015 baseline. Furthermore, the bank is committed to achieving net-zero emissions by 2050, aligning with the Paris Agreement's goals. In terms of intensity, ANZ aims to reduce emissions from large-scale office buildings and shopping centres by 60% from a 2019 baseline by 2030. The emissions data for ANZ is sourced directly from ANZ Group Holdings Limited, with no cascaded data from parent companies. The bank's commitment to sustainability and climate action is evident through its comprehensive reporting and ambitious targets, positioning it as a leader in the financial sector's response to climate change.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20142015201620172018201920202021202220232024
Scope 1
17,611,000
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
-
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
66,981,000
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

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Anz Bank's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Anz Bank is in AU, which has a very high grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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