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Environmental sustainability

We are supporting household, business and financial practices that improve environmental sustainability.

To support our purpose, our five year Climate and Environment Strategy was approved by the Board in October 2024. It sets out our objective to be a trusted partner for our customers, supporting them to adapt and become more resilient to a changing environment and economy. In particular, we aim to be a leading bank in supporting an effective and orderly transition for our large business customers.

How we're taking action

Climate and Environment Strategy

Our Climate and Environment Strategy outlines our vision of financing a sustainable transition, and our three core ambitions:

Building our capability to help customers understand climate and nature risks
Transitioning our lending portfolio to net-zero financed emissions
Supporting our customers’ transition and resilience

Supporting our customers' transition through financing

We commenced a new target on 1 April 21023 to fund and facilitate at least $100 billion by September 2030 in social and environmental activities through customer transactions and direct investments by ANZ. This includes initiatives that aim to help lower carbon emissions, protect or restore nature, increase access to affordable housing and promote financial wellbeing.

Important information about the target, including eligibility requirements, is set out in the Social and Environmental Sustainability Target Methodology.

Reducing our own operational footprint

ANZ has set targets for 2025 and 2030, as referenced in our 2024 ESG Supplement. The targets aim to reduce our operational footprint in line with our purpose to support household, business and financial practices that improve environmental sustainability.

With some of our current targets due to conclude in 2025, we have commenced a review of our operational footprint targets this year.

Focus areas

Climate change

Our Climate Change Commitment supports our Climate and Environment Strategy and summarises our climate change approach and opportunities we have identified in key areas.

See our approach to climate change

Operational footprint

We're aiming to reduce the environmental impact of our operations.

More on our operational environmental footprint

Environmental performance

We publicly report on progress against our environmental sustainability targets in our ESG and climate reporting.

More about ESG and climate reporting

ANZ's 2024 Environment, Social and Governance (ESG) Supplement

This report provides stakeholders with information on ANZ's focus on bringing our purpose to life through elevating areas facing significant societal challenges aligned with our strategy and reach. It includes performance against our ESG targets and our management of material ESG issues. Released 8 November 2024.

2024 ESG Supplement (PDF 18.5MB)

Reporting

2024 ESG Supplement

PDF 18.5MB

2024 Climate-related Financial Disclosures

Our 2024 Climate-related Financial Disclosures outline progress towards implementing our Climate Change Commitment and how we have been supporting our customers to date. This lays the foundation for us to deliver on our five-year Climate and Environment Strategy, approved in October 2024, to support an effective and orderly transition in coming years. Released 8 November 2024.

PDF 8.6MB

2024 Operational Emissions Assurance Report

The 2024 Annual GHG Emissions and Carbon Offset Data Assurance Statement details our global carbon offset data, prepared by KPMG. Released 8 November 2024.

PDF 284kB