Anz Bank
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.
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.
Industry Benchmark
Anz Bank's score of 61 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Anz Bank's reported carbon emissions
In 2024, ANZ Bank reported total carbon emissions of approximately 59,580,000 kg CO2e from Scope 1 and 2 sources, with Scope 1 emissions at about 5,958,000 kg CO2e and Scope 2 emissions at approximately 36,076,000 kg CO2e. The bank's Scope 3 emissions were significantly higher, totalling around 68,845,000 kg CO2e, primarily driven by business travel and employee commuting. ANZ has set ambitious climate commitments, aiming to reduce its Scope 1 and 2 emissions by 24% by 2025 and by 35% by 2030, using a 2015 baseline. Additionally, the bank has established a target to reduce emissions intensity for large-scale office buildings and shopping centres by 60% from a 2019 baseline by 2030. Furthermore, ANZ is committed to funding and facilitating an additional $100 billion in sustainable initiatives by the end of 2030, aligning with the Paris Agreement's goal of achieving net zero emissions by 2050. These initiatives reflect ANZ's proactive approach to addressing climate change and reducing its carbon footprint, contributing to a more sustainable future.
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| 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 | 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
Location emissions intensity
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.
