ANZ

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ANZ Sustainability Commitments

2030

Fund $100 billion in impact

ANZ plans to fund and facilitate at least A$100 billion by the end of 2030 through customer transactions and direct investments. The bank says this money will support lower carbon emissions, nature and biodiversity, affordable housing, and financial wellbeing. This is a broad target, so it covers both environmental and social outcomes.

2030

Cut operational emissions

ANZ plans to reduce combined Scope 1 and Scope 2 emissions by 85% by 2030, using 2024 as the baseline. This is about the bank’s own operations, such as offices and electricity use, not the emissions from its customers. The bank says it changed the target after reaching an earlier goal sooner than expected.

2030

Align lending to net zero

ANZ says it has sectoral pathways and interim targets in place for 10 sectors or sub-sectors so it can move lending toward net zero financed emissions by 2050. Financed emissions are the emissions linked to the loans and investments a bank provides. The bank says this work is part of its climate strategy and Paris Agreement alignment.

2025

Use 100% renewable energy

ANZ says it has a target to increase renewable energy use to 100% by 2025. This is part of its plan to reduce the environmental impact of its own operations. The material does not show whether the target has already been met, only that it was set as a future goal.

2030

Support 100 high emitters

ANZ says it will encourage and support 100 of its highest-emitting customers to publish low-carbon transition plans and improve their efforts to protect biodiversity. This means the bank wants large customers to show how they plan to cut emissions and reduce nature-related harm.

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