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2023-03-17 00:00:00
Briefing: The role of financial institutions in decarbonising the steel sector
2023-03-09 00:00:00
Dutch bank ING supports controversial pipeline to import gas from authoritarian Azerbaijan
2023-02-23 00:00:00
Financial institutions need to address steelmaking’s coal addiction
2023-02-07 00:00:00
What COP15 means for banks: meeting the Global Biodiversity Framework requires protecting Indigenous rights and divesting from harmful industries
2023-03-28 13:43:00
French bank Société Générale withdraws from Rio Grande LNG
2023-03-20 08:50:41
Who dares to finance Eni and Exxon’s dangerous Rovuma gas plans in Mozambique?
2023-03-14 14:59:00
New ING policy could spark bank shift away from financing oil and gas infrastructure
2023-02-24 13:46:14
Pego power station conversion plans halted
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2022-11-22 00:00:00
Banking on Thin Ice: Two years in the heat
2022-11-17 00:00:00
BankTrack Global Human Rights Benchmark 2022
2022-10-21 00:00:00
Burning forests in the name of clean energy? How banks are failing to exclude the harmful wood biomass industry from finance
2022-06-28 00:00:00
The East African Crude Oil Pipeline (EACOP): Finance Risk Update No. 3
2022-04-05 00:00:00
The BankTrack Human Rights Benchmark Asia
2022-03-30 00:00:00
Banking on Climate Chaos 2022
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Bank
MacquarieAustralia

Active

This profile is actively maintained
Last update: 2022-11-25 11:54:37
Macquarie's head office in Sydney, Australia. Photo: Mal Booth via Flickr (CC BY-NC-SA 2.0)

Active

This profile is actively maintained
Last update: 2022-11-25 11:54:37
About
Website http://www.macquarie.com.au
Headquarters
50 Martin Place
NSW 2000 Sydney
Australia
CEO/chair Shemara Wikramanayake
Managing Director and CEO
Supervisor
Reserve Bank of Australia
Ownership
listed on Australian Securities Exchange

Macquarie's shareholder structure can be accessed here.

Macquarie Group, founded in 1969, is a global investment banking and diversified financial services group, providing banking, financial, advisory, investment and funds management services to institutional, corporate and retail clients. Headquartered in Sydney, Macquarie is the largest investment bank in Australia.

Sustainability
Policies
Voluntary standards

Macquarie's web page on corporate social responsibility can be accessed here.

2022-12-05 00:00:00

Net zero and climate risk report

Bank policy
2022-12-05 00:00:00 | Macquarie
2022-05-31 00:00:00

2025 Sustainability plan

Bank policy
2022-05-31 00:00:00 | Macquarie
2021-06-30 00:00:00

Environmental and social risk policy

Bank policy
2021-06-30 00:00:00 | Macquarie
2020-08-27 00:00:00

Principles for suppliers

Bank policy
2020-08-27 00:00:00 | Macquarie
2019-12-18 00:00:00

Code of conduct

Bank policy
2019-12-18 00:00:00 | Macquarie
2019-12-18 00:00:00

Modern slavery act transparency statement 2019

Bank policy
2019-12-18 00:00:00 | Macquarie
2019-05-31 00:00:00

Climate change statement

Bank policy
2019-05-31 00:00:00 | Macquarie
2019-02-11 00:00:00

Anti-money laundering and counter-terrorism financing policy

Bank policy
2019-02-11 00:00:00 | Macquarie
2018-05-31 00:00:00

Anti-bribery and corruption framework

Bank policy
2018-05-31 00:00:00 | Macquarie
Macquarie has committed itself to the following voluntary standards:
Carbon Disclosure ProjectTags: carbon | climate change | greenhouse gas emissions
Global Reporting InitiativeTags: sustainable development | human rights
Net-Zero Banking Alliance (NZBA)Tags: climate change | corporate social responsibility | energy | energy plants
Principles for Responsible Investment (PRI)Tags: corporate social responsibility | sustainable development | United Nations
Task Force on Climate-related Financial Disclosures (TCFD)Tags: corporate social responsibility | finance
Taskforce on Nature-related Financial Disclosures (TNFD)Tags: corporate social responsibility | finance
Dodgy Deals

Macquarie is linked to a number of companies and projects that BankTrack considers controversial (so called Dodgy Deals), e.g. as a current or past financier or through an expression of interest. The profiles below provide more details on the nature of Macquarie's link to these deals.

Campaigns

Tracking the Net Zero Banking Alliance

Macquarie is a member of the Net Zero Banking Alliance (NZBA) and has therefore committed to reduce its financed emissions to net zero by 2050; within 18 months of joining the alliance set interim targets for 2030 (or sooner) for high emission priority sectors, and within 36 months set further sector targets; set new intermediary targets every 5 years from 2030 onwards; annually publish data on emissions and progress against a transition strategy including climate-related sectoral policies; and take a robust approach to the role of offsets in transition plans. BankTrack track's implementation of these commitments in the NZBA compliance tracker.

 

News
BankTrack
Partners
Blog
External
Blog
BankTrack news BankTrack blog Partner news Partner blog

Rio Grande Valley: at risk from fracked gas terminals

Big banks step away
2022-10-18 | Rainforest Action Network
BankTrack news BankTrack blog Partner news Partner blog

New Hope Corporation doubles down on coal during farcical 2021 AGM

2021-11-19 | Market Forces
Blog
BankTrack news BankTrack blog Partner news Partner blog

Climate groups call out banks lobbying for watered down Net Zero Commitments

Stop the Money Pipeline organizations respond to news that on behalf of a group of 12 banks, HSBC lobbied Mark Carney’s GFANZ to scrap mandatory science-based targets and delay a deadline.
2021-11-09 | New York | BankTrack, Stop the Money Pipeline
BankTrack news BankTrack blog Partner news Partner blog

Australia’s Macquarie announces plan to exit coal by 2024

2021-05-07 | The Financial Times
BankTrack news BankTrack blog Partner news Partner blog

Macquarie bets on green energy to turnaround capital unit

2019-11-01 | The Australian Financial Review
BankTrack news BankTrack blog Partner news Partner blog

Cum-ex tax scandal cost European treasuries €55 billion

2018-10-18 | Die Welt
BankTrack news BankTrack blog Partner news Partner blog

Societe Generale and Macquarie Capital named financial advisors for Rio Grande LNG project

2017-05-02 | Oil&Gas360
BankTrack news BankTrack blog Partner news Partner blog

Green Investment Bank buyer backs fracking and coal

2017-04-19 | Greenpeace EnergyDesk
BankTrack news BankTrack blog Partner news Partner blog

Green Investment Bank buyer backs fracking and coal

2016-10-19 | Greenpeace Energy Desk
Blog
BankTrack news BankTrack blog Partner news Partner blog

Investor Alert: GVK's US$10 billion Australian coal project uneconomic, an unacceptable risk

Finanial analysis of GVK Alpha Coal Project in Queensland's Galilee Basin concludes
2013-06-19 | Sydney | Greenpeace
Blog
BankTrack news BankTrack blog Partner news Partner blog

World's major banks rule out financing Gunns' Pulp Mill

Advert in Financial Times warns banks to stay out
2009-04-29 | Tasmania, Australia | The Wilderness Society
Blog
BankTrack news BankTrack blog Partner news Partner blog

NGOs Welcome ANZ Decision Not to Finance Gunns Proposed Pulp Mill

Other banks urged to abstain from the project
2008-05-28 | Tasmania, Australia and Netherlands | The Wilderness Society
Blog
BankTrack news BankTrack blog Partner news Partner blog

Credit Suisse involved in Malaysian logging giants stock exchange listing

2007-02-15 | Basel, Zuerich | Berne Declaration
Resources
Documents
Links
2022-12-05 00:00:00

Net zero and climate risk report

Bank policy
2022-12-05 00:00:00 | Macquarie
2022-10-01 00:00:00

Rio Grande Valley: At Risk From Fracked-Gas Exports 2022 Update

NGO document
2022-10-01 00:00:00 | Rainforest Action Network, Les Amis de la Terre, Save RGV, Carrizo Comecrudo Tribe of Texas
2022-05-31 00:00:00

2025 Sustainability plan

Bank policy
2022-05-31 00:00:00 | Macquarie
2022-04-30 00:00:00

Annual report 2021-2022

Annual report
2022-04-30 00:00:00 | Macquarie
2022-04-30 00:00:00

CSR report 2021-2022

Annual report
2022-04-30 00:00:00 | Macquarie
2021-08-03 00:00:00

Annual report 2021

Annual report
2021-08-03 00:00:00 | Macquarie
2021-08-03 00:00:00

CSR Report 2021

Annual report
2021-08-03 00:00:00 | Macquarie
2021-06-30 00:00:00

Environmental and social risk policy

Bank policy
2021-06-30 00:00:00 | Macquarie
2020-08-27 00:00:00

Principles for suppliers

Bank policy
2020-08-27 00:00:00 | Macquarie
2020-07-01 00:00:00

Annual report 2020

Annual report
2020-07-01 00:00:00 | Macquarie
2020-07-01 00:00:00

CSR report 2020

Annual report
2020-07-01 00:00:00 | Macquarie
2019-12-18 00:00:00

Code of conduct

Bank policy
2019-12-18 00:00:00 | Macquarie
2019-12-18 00:00:00

Modern slavery act transparency statement 2019

Bank policy
2019-12-18 00:00:00 | Macquarie
2019-12-18 00:00:00

Annual report ESG 2019

Annual report
2019-12-18 00:00:00 | Macquarie
2019-12-18 00:00:00

Annual report 2019

Annual report
2019-12-18 00:00:00 | Macquarie
2019-05-31 00:00:00

Climate change statement

Bank policy
2019-05-31 00:00:00 | Macquarie
2019-05-21 00:00:00

Fool's Gold

The financial institutions bankrolling Europe’s most coal-dependent utilities
NGO document
2019-05-21 00:00:00 | Europe Beyond Coal
2019-03-31 00:00:00

Corporate governance statement

Bank document
2019-03-31 00:00:00 | Macquarie
2019-02-11 00:00:00

Anti-money laundering and counter-terrorism financing policy

Bank policy
2019-02-11 00:00:00 | Macquarie
2018-07-31 00:00:00

Annual report 2018

Annual report
2018-07-31 00:00:00 | Macquarie
2018-05-31 00:00:00

Anti-bribery and corruption framework

Bank policy
2018-05-31 00:00:00 | Macquarie
2010-08-25 00:00:00

Macquarie and Corporate Citizenship

Bank document
2010-08-25 00:00:00 | Macquarie

ESG page

Accountability
Grievances

Macquarie does not operate a complaints or grievances channel for individuals or communities that might have been affected by the bank's finance.

This page evaluates Macquarie'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

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