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ANZAustralia
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This profile is actively maintainedCreated before Nov 2016
Last update: 2022-03-24 11:25:49
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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
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| CEO/chair |
Shayne Elliott CEO |
| Supervisor | |
| Annual reports |
Annual report 2021 CSR Report 2021 Annual Report 2020 |
| Ownership |
listed on Australian Securities Exchange & New Zealand Stock Exchange
ANZ's shareholder structure can be accessed here. |
| Complaints and grievances |
ANZ launched a detailed grievance handling process in November 2021 in a first for the banking sector. The Grievance Mechanism Framework and complaint submission form are available 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.
Dodgy Deals map
All
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Projects
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Companies
Targets
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Active profiles
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On record profiles
Policy Assessments
Tracking the Equator Principles
EPFIs reporting status
BankLast update
Country
Reporting period
PF deals under EP
Project names reported
% Project names reported
Details
ANZ
2022-03-14
AUS
2020
5
5
100
1.01000000006E+38
0
Explanation
Project name reporting status of Equator Principles signatories for each financial institutions' most recent reporting period. Where there is no percentage presented the EPFI has not reported having financed any project transactions in that reporting period.
For more details see this page.
Banks and Climate
Bank net zero commitments
BankLast update
Country
Target 2025
Target 2030
Net zero 2050
SBT
NZBA
CCCA
Details
ANZ
2022-05-12
AUS
11111000
Explanation
This table tracks the net zero pledges and commitments of banks. It shows whether banks have committed to net zero by 2050 and have set an interim emissions reduction goal for 2025 and/or 2030. It also notes banks that have not yet set targets but have pledged to do so in the future, including by joining the Collective Commitment to Climate Action or Net Zero Banking Alliance. Finally, it notes whether banks have (pledged to) set Science-Based Targets. More information and references can be found by expanding the 'details' section of each bank.
- A blue check mark means the bank has set a target or joined the alliance. A check mark does not mean that the target set by the bank meets any particular standard, just that is has set a target. In case we have identified short comings in the target, for example when it only applies to lending and not underwriting), this is noted in the 'details' section.
- An orange dash means a bank has pledged to set a target (for example, banks commit to set 2030 and 2050 targets when they join the NZBA), but have not yet actually done so.
Abbreviations:
CCCA = Collective Commitment to Climate Action
NZBA = Net Zero Banking Alliance
SBT = Science-Based Targets
For more details see this page.
Banks and Human Rights
Human Rights Benchmark November 2019
BankLast update
Country
Score
Ranking
Details
ANZ
AUS
7.5
Front runner
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Explanation
Laggard
Follower
Front runner
Leader
0 - 3.5 points
4 - 5.5 points
6 - 8.5 points
9 - 14 points
For more details see this page.
Response Tracking
This page evaluates ANZ's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".
Impacts reviewed
Responded?
Total score
Response
Action
Monitoring
Banks and Dirty Diesel: Vitol and Trafigura (May 2017)
1
0.5
0.5
0
Response
0.5
Out of 1
Rationale for score
The bank publicly responded acknowledging its link to the impact, however it did not comment on or respond to the substance of the issues raised. Action
0.5
Out of 1Rationale for score
The bank stated that it had engaged with the companies and is "satisfied they understand their responsibilities to respect human rights, and are seeking to engage on the issue using whatever leverage they have". The bank did not state whether it required the company to take specific actions or if the bank itself took appropriate action. Monitoring
0
Out of 1
Rationale for score
No information available on whether the bank monitored progress. More info
Rio Tinto's Jadar mine, Serbia (Letter, Dec 2021)
1
0.5
0.5
n/a
Response
0.5
Out of 1
Rationale for score
The bank's response confirms that it has engaged with the commpany, but does not comment on the substance of the issues raised. Action
0.5
Out of 1Rationale for score
As well as stating that it has engaged with the company, the bank's response comments on the result of the engagement (the bank is "satisfied" that the cleint understands its responsibilities. However it does not set out any specific actions or requitements discussed with the company. Monitoring
n/a
Rationale for score
The impact was not raised over a year ago and therefore is not scored on monitoring progress. More info
Average
100%
1
0.5
0.5
0
News
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Documents
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Links
Policies
Voluntary standards
ANZ has committed itself to the following voluntary standards:- Carbon Disclosure Project
- Dow Jones Sustainability Indices
- Equator Principles
- Global Reporting Initiative
- National Carbon Offset Standard
- Net-Zero Banking Alliance (NZBA)
- Principles for Responsible Banking (PRB)
- Roundtable on Sustainable Palm Oil (RSPO)
- Task Force on Climate-related Financial Disclosures
- UNEP Finance Initiative
- United Nations Global Compact
Equator Principles
Implementation and reporting
ANZ is reporting on the implementation here.