Banks provide billions for Dirty Diesel traders while failing to act on human rights, says new briefing
- Of 26 banks contacted, not one has pressured companies over toxic fuel exports to Africa
BankTrack is the international tracking, campaigning and support organisation focused on banks and the activities they finance.
We aim to promote fundamental changes in the banking sector so that banks adopt just and sustainable business practices.
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 Banking Corporation. In addition to operations throughout Australia and New Zealand, ANZ also extends to twenty-five other nations. ANZ is also the largest bank in New Zealand, where it operates two brands, ANZ and the National Bank of New Zealand.
833 Collins Street, Docklands
Shayne Elliot |
Corporate Sustainability Report 2016|
Annual Report 2016
listed on Australian Securities Exchange & New Zealand Stock Exchange
ANZ's Sector policies can be found here.
True leader Front runner Follower Laggard
BankTrack has assessed ANZ on its implementation of the UN Guiding Principles on Business and Human Rights in June 2016. ANZ is assessed as a Front runner, with a total score of 6.5/12.
ANZ is reporting on the implementation here.
More than 15 leading banks around the world, including all Australian banks, publicly declined to finance the controversial Gunns Pulp and Paper Mill after sustained campaigning from BankTrack, the Wilderness Society and others. In 2008 Australian bank ANZ became the first bank to publicly renounce financing the project. Following a cyber-action in 2009 against Swedish bank Nordea, they followed suit in 2010. In response to sustained criticism, Gunns announced later the same year that it would end logging of native forests in Australia.