ANZ Banking Group said more than half of its 100 biggest emitting customers had either not publicly disclosed plans to transition to net-zero or were just starting to develop their plans as of a year ago, as analysts pushed for updated disclosures about conversations with clients on the transition.
At a briefing on its environmental, social and governance (ESG) performance on Monday, ANZ provided year-old data relating to its biggest emitters, representing 30 per cent of Australia’s overall emissions or more than 150 million tonnes of direct (‘scope 1’) emissions.
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James Eyers writes on banking, payments and fintech. He is a former legal and investment banking editor at the AFR, has degrees in commerce and law from UNSW, and is co-author of Buy now, pay later: The extraordinary story of Afterpay Connect with James on Twitter. Email James at jeyers@afr.com.au
Ayesha de Kretser is a senior reporter with The Australian Financial Review covering the aviation and tourism sectors. She has previously reported on banking, mining and commodity markets. Connect with Ayesha on Twitter. Email Ayesha at ayesha.dekretser@afr.com.au
