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Created before Nov 2016
Last update: 2020-03-24 11:30:15

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ANZ head office in Melbourne. Photo: Public Domain (Sydney Architecture Archive)

About ANZ

The Australia and New Zealand Banking Group Limited, commonly called ANZ, is the fourth largest bank in Australia, after the Commonwealth Bank, the National Australia Bank, and Westpac. ANZ was established in 1951. In addition to operations throughout Australia and New Zealand, ANZ has banking activities in 34 other nations. ANZ is the largest bank in New Zealand, where it operates two brands: ANZ and the National Bank of New Zealand.

Website	http://www.anz.com.au
Headquarters	833 Collins Street, Docklands 3008 Melbourne Australia
CEO/chair	Shayne Elliott CEO
Supervisor	Reserve Bank of Australia
Annual reports	Annual report 2019 CSR report 2019
Ownership	listed on Australian Securities Exchange & New Zealand Stock Exchange ANZ's shareholder structure can be accessed here.

Related Dodgy Deals

ANZ has been linked to the following "Dodgy Deals", e.g. as a current or past financier or through an expression of interest. Find out more about dodgy deals here. See the project or company profile for more details on the nature of the bank's link to the Dodgy Deal.

Projects - active profiles

There are no active projects for ANZ now.

Projects - on record profiles

Bauxite mine Niyamgiri Hills India profile

mining - non coal

Debt – corporate loan

Loan to Sterlite Industries in June 2004

Canadian tar sands Canada profile

oil and gas

Uncategorised

USD 43.9 million

2009

Total Tar Sands Financing

source: link

Grasberg gold and copper mine Indonesia profile

mining - non coal

Debt – corporate loan

Loan in March 2007 for acquisition of other mining group (Phelps Dodge)

Great Barrier Reef Coal & Gas Exports Australia profile

oil and gas | transport and infrastructure

Debt – corporate loan

AUD 1,574 million

5 May 2013

source: link

Hazelwood coal power plant Australia profile

energy plants - coal

Debt – corporate loan

AUD 379 million

2008

source: link

HRL/Dual Gas coal power plant Australia profile

energy plants - coal

Approached, interested

They were approached, however they have subsequently withdrawn their interest.

source: link

Liquified Natural Gas (LNG) project Papua New Guinea profile

oil and gas

Debt – project finance

15 December 2009

source: link

Maules Creek coal mine Australia profile

mining - coal

Debt – corporate loan

USD 1.2 billion

December 2012

ANZ arranged the syndicated loans

source: link

Nam Theun 2 dam Laos profile

energy plants - dams

Debt – project finance

May 2005

Uncategorised

Acting as Technical and Insurance Bank

Ramu nickel mine Papua New Guinea profile

mining - non coal

Equity – share owner/manager

25,000,000

banker and shareholder for Highlands Pacific, project partner and proponent - 2,5000,000 shares

Rapu Rapu copper mine Philippines profile

mining - non coal

Debt – project finance

2004

share in project sold in april 2008

Theun-Hinboun dam expansion Laos profile

energy plants - dams

Debt – project finance

October 2008

Participation in $187,5 million syndicated loan arranged by Exim Bank of Thailand

source: press release Exim Bank of Thailand October 8th, 2008

Toka Tindung gold mine Indonesia profile

mining - non coal

Approached, interested

USD 60 million

January 2010

part of syndicate loan of USD 60 million

source: link

Debt – project finance

27 March 2006

Companies - active profiles

BAE Systems United Kingdom profile

arms industry and trade

Debt – corporate loan

EUR 100 million

30 April 2018

ANZ Bank participated in a syndicated loan to BAE Systems for 100.13 million euro of a total package of 2.3 billion euro.

source: ThomsonEikon

Indofood Indonesia profile

agriculture - palm oil

Debt – corporate loan

USD 210 million

Credit facility

source: Indofood financial statements 1H2019
link

Vale Brazil profile

mining - coal | mining - non coal

Debt – corporate loan

USD 3 billion

May 2015 - May 2020

Co-financed USD 3 billion credit facility

source: Vale press release
link

Wilmar International Singapore profile

agriculture - palm oil

Debt – corporate loan

EUR 332 million

2010 - 2012

Total amount of 3 corporate loans provided by ANZ in the period 2010-2012.

source: FoE Europe report (November 2015)
link

There are no active companies for ANZ now.

Companies - on record profiles

Anglo American United Kingdom profile

mining - coal | mining - non coal

Uncategorised

EUR 8.8 million

2005 - 2013

shares/bonds underwriter or manager

source: Banks and Coal Spreadsheet, Profundo, 2014

Debt – corporate loan

EUR 38.9 million

2005 - 2013

source: Banks and Coal Spreadsheet, Profundo, 2014

BHP Billiton Australia profile

mining - coal | mining - non coal | oil and gas

Debt – corporate loan

EUR 163.6 million

2005 - 2013

source: Banks and Coal Spreadsheet, Profundo, 2014

Uncategorised

EUR 38.6 million

2005 - 2013

shares/bonds underwriter or manager

source: Banks and Coal Spreadsheet, Profundo, 2014

Debt – corporate loan

EUR 65.6 million

source: International Financing Review, 26 October 2002; Euroweek - Issue: 780, London, 22 November 2002; Prospectus WMC Resources, 26 June 2003; Euroweek - Issue: 877; International Financing Review, London, 9 September 2004; International Financing Review, London, 26 March 2005; International Financing Review, London, 23 April 2005; Annual Report 2005, BHP Billiton; Euroweek - Issue: 914.

EDF France profile

energy plants - nuclear

Debt – corporate loan

EUR 112.1 million

source: Thomson ONE database

ENGIE France profile

energy plants - coal | energy plants - dams

Debt – corporate loan

EUR 11.9 million

2005 - 2013

source: Banks and Coal Spreadsheet, Profundo, 2014

Glencore Switzerland profile

mining - coal

Uncategorised

EUR 64.9 million

2005 - 2013

shares/bonds underwriter or manager

source: Banks and Coal Spreadsheet, Profundo, 2014

Debt – corporate loan

EUR 379.9 million

2005 - 2013

source: Banks and Coal Spreadsheet, Profundo, 2014

Jindal Steel & Power India profile

mining - coal | mining - non coal

Debt – corporate loan

EUR 2.1 million

2010 - 2013

source: Banks and Coal Spreadsheet, Profundo, 2014

Korea Electric Power Corporation (KEPCO) South Korea profile

energy plants - coal | energy plants - nuclear | mining - coal | nuclear industry

Debt – corporate loan

EUR 35 million

2005 - 2013

source: Banks and Coal Spreadsheet, Profundo, 2014

Marubeni Japan profile

energy plants - coal | forestry - pulp and paper | mining - non coal | transport and infrastructure

Debt – corporate loan

USD 116 million

2014 - 2017

source: BankTrack Coal Developers Report
link

Rio Tinto Australia profile

mining - coal | mining - non coal | nuclear industry

Uncategorised

EUR 13.3 million

2005 - 2013

shares/bonds underwriter or manager

source: Banks and Coal Spreadsheet, Profundo, 2014

Debt – corporate loan

EUR 34.2 million

2005 - 2013

source: Banks and Coal Spreadsheet, Profundo, 2014

Samling Hong Kong profile

forestry - pulp and paper

Share issue – underwriter

source: March 2007

Uncategorised

Samling names ANZ among its principal bankers

Sime Darby Malaysia profile

agriculture - palm oil

Debt – corporate loan

USD 90 million

2010

Trafigura Singapore profile

commodities trading | oil and gas | transport and infrastructure

Debt – corporate loan

USD 154 million

2012 - 2016

Total corporate loan between 2012 and October 2016.

source: Thomson Reuters Eikon, accessed by Profundo, October 2016

Debt – corporate loan

USD 601 million

2012 - 2016

Total revolving credit between 2012 and October 2016

source: Thomson Reuters Eikon, accessed by Profundo, October 2016

Vedanta Resources United Kingdom profile

mining - non coal

Debt – corporate loan

USD 40 million

June 2009

Debt – corporate loan

June 2004

Loan provided to subsidiary Sterlite Industries

Vitol Switzerland profile

commodities trading | oil and gas | transport and infrastructure

Debt – corporate loan

USD 61 million

2012 - 2016

Total corporate loan between 2012 and October 2016

source: Thomson Reuters Eikon, accessed by Profundo, October 2016

Debt – corporate loan

USD 1,099 million

2012 - 2016

Total Revolving Credit Facility between 2012 and October 2016

source: Thomson Reuters Eikon, accessed by Profundo, October 2016

Dodgy Deals map

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Assessments

Human rights

Bank

Country

Details

Leader

Front runner

Follower

Laggard

ANZ

AUS

1.0100

Australia

Leader

Front runner

Follower

Laggard

ANZ's human rights policies, processes and reporting were assessed as part of the BankTrack Human Rights Benchmark in November 2019. The bank is assessed as a Front runner, with a total score of 7.5 out of 14.

Policy: 3/3
Due dilligence: 3/5
Reporting: 1/3
Remedy: 0.5/3

For more details, see the BankTrack Human Rights Benchmark 2019.

News

| |

Type:

Year:

About ANZ

Related Dodgy Deals

Projects - active profiles

Projects - on record profiles

Bauxite mine Niyamgiri Hills India profile

Canadian tar sands Canada profile

Grasberg gold and copper mine Indonesia profile

Great Barrier Reef Coal & Gas Exports Australia profile

Hazelwood coal power plant Australia profile

HRL/Dual Gas coal power plant Australia profile

Liquified Natural Gas (LNG) project Papua New Guinea profile

Maules Creek coal mine Australia profile

Nam Theun 2 dam Laos profile

Ramu nickel mine Papua New Guinea profile

Rapu Rapu copper mine Philippines profile

Theun-Hinboun dam expansion Laos profile

Toka Tindung gold mine Indonesia profile

Companies - active profiles

BAE Systems United Kingdom profile

Indofood Indonesia profile

Vale Brazil profile

Wilmar International Singapore profile

Companies - on record profiles

Anglo American United Kingdom profile

BHP Billiton Australia profile

EDF France profile

ENGIE France profile

Glencore Switzerland profile

Jindal Steel & Power India profile

Korea Electric Power Corporation (KEPCO) South Korea profile

Marubeni Japan profile

Rio Tinto Australia profile

Samling Hong Kong profile

Sime Darby Malaysia profile

Trafigura Singapore profile

Vedanta Resources United Kingdom profile

Vitol Switzerland profile

Dodgy Deals map

Show:

Select sectors:

Assessments

News

ANZ agrees to landmark settlement with Cambodian farmers displaced by sugar company it financed

Bushfire survivors join claim against ANZ for financing climate crisis

Bushfire survivors launch claim against ANZ under international law for financing climate change

4 out of 5 banks failing on human rights, new BankTrack Human Rights Benchmark shows

Too little, too late

ANZ and Westpac boosted new lending to fossil fuel projects last year, figures show

NAB, ANZ and Westpac hit with climate risk shareholder resolutions

Big Australian banks face shareholder vote on coal lending

BankTrack 2019 Human Rights Benchmark: criteria and scope announced

Australian Prudential Regulation Authority demands banks, insurers act on climate risk

Our Future: Clean energy a test for banks’ rehabilitation

Banks massively financing fossil fuels unclear about future of ... fossil fuels

ANZ Declines to ‘Do the Right Thing’ for Displaced Cambodian Farmers

ANZ bank issued rare rebuke by Australian oversight body

Australian inquiry slams greedy banks and regulator for rampant misconduct

Big four banks quit coal only to invest in other fossil fuels, research finds

Big four banks quit coal only to invest in other fossil fuels, research finds

New research: Australian banks 2ºC scorecard 2018

New report: Towards responsible and inclusive financing of the palm oil sector

TCFD: banks supporting better disclosure are not the ones exiting coal project finance

'Big four' Australian banks slammed for fossil fuel backing

Banks provide billions for Dirty Diesel traders while failing to act on human rights, says new briefing

Standard Chartered and other major banks financing palm oil

Victims put pressure on ANZ over the loss of their land

Adani coalmine: ANZ chief suggests bank would not finance Carmichael project

Banks' climate change talk not yet matched by action

Financing of coal industry expansion by top banks undermining Paris Agreement

New polling shows half of customers prepared to change banks over fossil fuels – as prominent Australians demand climate action

New online platform reveals banks and investors financing companies linked to tropical forest loss in Southeast Asia

New poll: Australians draw the line at badly behaving banks

ANZ makes climate commitment, but labelled ‘satirical’, ineffective

ANZ 'will not finance' dirty coal plants and pledges $10bn for clean energy

ANZ climate change policy leaves open the door for real leadership

No lifelines for old coal clunkers: ANZ shifts carbon emissions policy

No excuse: How Australia’s big four banks can better respond to land grabs

Australian banks: New Report highlights gulf between renewable and fossil fuel financing

Australian banks 'favour fossil fuel projects over renewables by $6 to $1'

Banks not yet living up to UN human rights principles, finds BankTrack