Anz Bank Sustainability Profile
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 72 is higher than 84% 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 60.6 million kg CO2e, encompassing both Scope 1 and Scope 2 emissions. 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 achieving net zero emissions by 2050, aligning with the Paris Agreement. The bank's emissions profile includes significant contributions from Scope 3 emissions, which are not detailed in the latest report but are critical for understanding the full impact of its operations. ANZ's commitment to sustainability is further demonstrated through its initiatives to reduce the emissions intensity of large-scale office buildings and shopping centres by 60% from a 2019 baseline by 2030. Overall, ANZ Bank is actively working towards substantial emissions reductions and has established a framework for accountability and transparency in its climate commitments.
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Access structured emissions data, company-specific emission factors, and source documents
| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 16,428,000 | 00,000,000 | 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 | 205,462,000 | 000,000,000 | 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 | 37,757,000 | 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 | 00,000,000 |
How Carbon Intensive is Anz Bank's Industry?
How Carbon Intensive is Anz Bank's Location?
Anz Bank's Scope 3 Categories Breakdown
Anz Bank's Scope 3 emissions, which increased by 14% last year and increased by approximately 82% since 2012, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 62% of total emissions under the GHG Protocol, with "Employee Commuting" being the largest emissions source at 32% of Scope 3 emissions.
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Anz Bank's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Anz Bank has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
