Australia and New Zealand Banking Group (PNG) Limited Sustainability Profile
Australia and New Zealand Banking Group (PNG) Limited, commonly referred to as ANZ PNG, is a prominent financial institution headquartered in Port Moresby, Papua New Guinea. Established in 2004, the bank has rapidly expanded its operations across the Pacific region, providing a range of banking services tailored to meet the needs of individuals and businesses. Operating within the banking and financial services industry, ANZ PNG offers core products such as personal banking, business loans, and investment services. What sets ANZ PNG apart is its commitment to local communities and its focus on sustainable banking practices. The bank has achieved significant milestones, including a strong market presence and recognition for its customer service excellence. With a dedication to innovation and community engagement, ANZ PNG continues to solidify its position as a leading financial partner in the region.
DitchCarbon Score
How does Australia and New Zealand Banking Group (PNG) 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 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
Australia and New Zealand Banking Group (PNG) Limited's score of 32 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Australia and New Zealand Banking Group (PNG) Limited currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of emissions figures. The organisation is a current subsidiary of Australia and New Zealand Banking Group (ANZ Group Holdings Limited), which may influence its climate commitments and initiatives. While there are no documented reduction targets or specific climate pledges from Australia and New Zealand Banking Group (PNG) Limited, it is important to note that it inherits its climate initiatives from its parent company, ANZ Group Holdings Limited. This includes participation in the RE100 initiative, which aims for 100% renewable energy usage, and other sustainability efforts cascaded from the parent organisation. As a subsidiary, Australia and New Zealand Banking Group (PNG) Limited aligns with the broader climate strategies of ANZ Group Holdings Limited, which may include industry-standard practices and commitments to reduce carbon emissions in the banking sector. However, without specific emissions data or reduction targets, the details of their individual climate commitments remain vague.
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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 Australia and New Zealand Banking Group (PNG) Limited's Industry?
How Carbon Intensive is Australia and New Zealand Banking Group (PNG) Limited's Location?
Australia and New Zealand Banking Group (PNG) Limited's Scope 3 Categories Breakdown
Australia and New Zealand Banking Group (PNG) 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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Australia and New Zealand Banking Group (PNG) 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.
Australia and New Zealand Banking Group (PNG) 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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