ANZ Bank New Zealand Limited Sustainability Profile
ANZ Bank New Zealand Limited, commonly referred to as ANZ NZ, is a prominent financial institution headquartered in Auckland, New Zealand. Established in 1984, it has grown to become one of the largest banks in the country, serving millions of customers across various regions, including Wellington and Christchurch. Operating within the banking and financial services industry, ANZ NZ offers a comprehensive range of products and services, including personal banking, business banking, and wealth management. Its commitment to innovation and customer service sets it apart in a competitive market. With a strong market position, ANZ NZ has achieved notable milestones, including significant investments in digital banking solutions. The bank is recognised for its dedication to sustainability and community support, reinforcing its reputation as a trusted financial partner in New Zealand.
DitchCarbon Score
How does ANZ Bank New Zealand Limited'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 Funds, trusts, and financial vehicles 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 New Zealand Limited's score of 55 is higher than 80% 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 New Zealand Limited currently does not have specific carbon emissions data available, as indicated by the absence of emissions figures. The bank is a current subsidiary of ANZ Group Holdings Limited, which may influence its climate commitments and initiatives. While there are no documented reduction targets or climate pledges specific to ANZ Bank New Zealand Limited, it is important to note that the broader ANZ Group Holdings Limited may have relevant initiatives that could impact its subsidiaries. However, details on these initiatives, such as SBTi targets or specific reduction achievements, are not provided in the available data. As a part of its commitment to sustainability, ANZ Group Holdings Limited is involved in various climate initiatives, including RE100, which focuses on renewable energy commitments. The cascading of data and initiatives from the parent company suggests that ANZ Bank New Zealand Limited may align with these broader corporate sustainability goals, although specific metrics and targets for the New Zealand branch remain unspecified. In summary, while ANZ Bank New Zealand Limited does not currently report specific emissions data or reduction targets, it is positioned within a corporate structure that may support climate action through its parent company, ANZ Group Holdings Limited.
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| 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 New Zealand Limited's Industry?
How Carbon Intensive is ANZ Bank New Zealand Limited's Location?
ANZ Bank New Zealand Limited's Scope 3 Categories Breakdown
ANZ Bank New Zealand Limited'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 New Zealand Limited'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 New Zealand Limited 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.
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