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MacquarieAustralia

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This profile is actively maintained
Last update: 2025-05-12 16:06:19
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: 2025-05-12 16:06:19
Bank info
BankTrack campaigns
All
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
Commitments
Policies
Voluntary standards

Macquarie's most important sustainability commitments can be found at the website sections listed below.

Links

Sustainability

2025-01-31 00:00:00

Environmental and Social Risk Policy

Bank policy
2025-01-31 00:00:00 | Macquarie
2023-11-10 00:00:00

Human rights policy

Date listed represents date as accessed on website
Bank policy
2023-11-10 00:00:00 | Macquarie
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
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.

Projects / Companies
Finance type
Year
News
BankTrack
Partners
Blog
External
Blog
BankTrack news BankTrack blog Partner news Partner blog

2024 saw six new banks committing to end finance for metallurgical coal, and an explosion in commitments to decarbonise steel portfolios

2025-03-31 | BankTrack
BankTrack news BankTrack blog Partner news Partner blog

The world’s biggest climate finance coalition is in crisis. Is it worth saving?

BankTrack mentioned
2025-02-19 | Climate Home News
BankTrack news BankTrack blog Partner news Partner blog

Australia's Macquarie joins major US banks in exiting global climate coalition

2025-02-11 | Reuters
BankTrack news BankTrack blog Partner news Partner blog

Macquarie has partly reversed its ban on banking coal deals

2024-07-29 | Australian Financial Review
Blog
BankTrack news BankTrack blog Partner news Partner blog

Climate & frontline groups demand banks, insurance, & private equity end LNG backing

Over 100 climate and frontline groups wrote to the finance industry to stop its LNG support
2024-02-05 | The Sunrise Project
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
2025-05-12 00:00:00

CSR report 2025

Annual report
2025-05-12 00:00:00 | Macquarie
2025-05-12 00:00:00

Annual report 2025

Annual report
2025-05-12 00:00:00 | Macquarie
2025-01-31 00:00:00

Environmental and Social Risk Policy

Bank policy
2025-01-31 00:00:00 | Macquarie
2024-10-01 00:00:00

NZBA 2024 Progress Report

Other document
2024-10-01 00:00:00 | NZBA
2024-06-25 00:00:00

CSR report 2024

Annual report
2024-06-25 00:00:00 | Macquarie
2024-06-25 00:00:00

Annual report 2024

Annual report
2024-06-25 00:00:00 | Macquarie
2023-12-11 00:00:00

Net Zero and Climate Risk Report

December 2023
Other bank document
2023-12-11 00:00:00 | Macquarie
2023-11-10 00:00:00

Human rights policy

Date listed represents date as accessed on website
Bank policy
2023-11-10 00:00:00 | Macquarie
2023-06-13 00:00:00

Annual report 2022-2023

Annual report
2023-06-13 00:00:00 | Macquarie
2023-06-13 00:00:00

CSR report 2022-2023

Annual report
2023-06-13 00:00:00 | Macquarie
2023-04-18 00:00:00

Betting on a Sinking Ship

Banks Behind the Barossa Gas Field’s FPSO Vessel
NGO document
2023-04-18 00:00:00 | Solutions for our Climate (SFO°C), JACSES, Jubilee Australia, Environment Centre NT, Urgewald, Reclaim Finance
2023-04-06 00:00:00

Boom and Bust Coal 2023

Tracking the Global Coal Plant Pipeline
Partner publication
2023-04-06 00:00:00 | Global Energy Monitor
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
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

Other 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

Other 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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Banks and Climate

Banks and Climate

Partner organisation Reclaim Finance tracks the coal, oil and gas policies of financial institutions, including banks, in their Coal Policy Tool (CPT) and the Oil and Gas Policy Tracker (OGPT). BankTrack works closely with Reclaim Finance and endorses their policy assessments. Find further details on their assessment of Macquarie’s fossil fuel policy below.

Assessment of Macquarie's coal policy in the Coal Policy Tool

Assessment of Macquarie's policies in the Oil & Gas Policy Tracker

Tracking the NZBA

Tracking the Net Zero Banking Alliance

Macquarie left the Net Zero Banking Alliance (NZBA) on 10 February 2025. Before that, as a NZBA member it had 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 will keep track of Goldman Sachs and other ex-NZBA member banks' climate action in a specific section of the NZBA tracker. 

Tracking NZBA banks commitments

Good Moves

Good moves

Year:
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Sections
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Our projects
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Media
News Publications
Raiffeisen Out! Bank.Green End Coal Finance Plastic Banks Tracker Defund TotalEnergies Financial Exclusions Tracker Equator-Complaints.Org Don't Buy into Occupation Banks & Biodiversity Forests & Finance Drop JBS StopEACOP Fossil-Free Finance
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