Australia and New Zealand Banking Group Ltd
ANZ's Climate Target Data Preview
As of 2022, ANZ has disclosed 6 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target and 5 intensity-based target targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into ANZ ’s climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  | 2030 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Cement from Unspecified Activities | Copy restricted. Please purchase to unlock this data.  | 2030 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Aluminium from Unspecified Activities | Copy restricted. Please purchase to unlock this data.  | 2030 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Steel Produced/Manufactured | Copy restricted. Please purchase to unlock this data.  | 2030 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced | Copy restricted. Please purchase to unlock this data.  | 2030 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Other Unit (Unlisted) | Copy restricted. Please purchase to unlock this data.  | 2030 |
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Insights into ANZ's Greenhouse Gas Emissions Pathways
As of 2022, ANZ has set greenhouse gas (GHG) emissions reduction targets that cover its value chain emissions (Scope 3), without dedicated targets for its operational emissions. This indicates a focus on upstream and downstream climate impacts rather than internal operations.
Does ANZ have a target to reduce the emissions from its value chain?
As of 2022, ANZ has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.
ANZ's most ambitious value chain target is to reduce these emissions by 60% by 2030, compared to a baseline of 0.17 Metric Tonnes of CO2 equivalent (mtCO2e) per Other Unit (Unlisted) in 2019.
As of 2022, ANZ is ahead of schedule on its value chain emissions reduction target, having achieved 53.63% of the planned reduction.