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Reducing our environmental footprint

We're reducing the environmental impact of our operations through innovation, efficiency and increased employee awareness. Our suite of environmental footprint targets are focused on carbon emissions, water and paper consumption, and waste.

 

2025 targets

 

24% reduction in carbon emissions

Our target is to, not only reduce our scope 1 and 2 emissions by 24% by 2025, but to extend our commitment to a further reduction to 35% by 2030 (against a 2015 base year). We will achieve these targets through the efficient consumption of energy within our buildings, including commercial offices, retail branches and data centres. 

100% renewable electricity

In September 2019 we signed up to RE100, a global initiative driving the transition to 100% renewable electricity.

More information about RE100

25% reduction in water consumption*

As an Australian headquartered company, we are aware of the risks associated with drought and water scarcity. We focus on best practice in the design and operation of our commercial and retail facilities by installing eco-efficient water fittings such as low flow aerators on taps and dual flush toilets in our premises. 

*against a 2017 baseline

30% reduction in waste to landfill*

We're seeking to minimise the amount of waste generated and reuse or recycle as much as possible. We'll achieve our target through a reduction in paper consumption and encouraging employees to recycle (e.g. donating used furniture and equipment to local organisations). 

*against a 2017 baseline

60% reduction in paper consumption*

We're committed to minimising paper use in our offices and materials generated for our customers (e.g. statements and marketing materials).  We'll achieve this through a number of initiatives, including encouraging customers to receive electronic communications and improving employee awareness of printing behaviours.

* against 2015 baseline

Energy use and carbon emissions

We seek to minimise the use of resources in our operations through the efficient consumption of energy within our buildings, including commercial offices, retail branches and data centres. We also encourage staff uptake of technology such as video conferencing to reduce emissions associated with travel.

To ensure we're meeting our emission reduction goal we have adopted a framework of:

  • regularly reviewing energy consumption within our operations;
  • developing a plan to reduce energy consumption;
  • funding and implementing energy efficiency opportunities; and
  • monitoring the outcomes of energy efficiency projects.

All efforts to reduce energy consumption across our operating portfolio will assist us in reducing our emissions footprint and achieving our greenhouse gas Science Based Target.

Our aim is to reduce emissions where possible, however, unavoidable emissions are offset in accordance with our certification under the Australian Government's Climate Active Program. We have maintained carbon neutrality for our operations since 2010.

Further information on our net zero carbon commitment is available below.

Case studies:

 

ANZ's 2021 Environment, Social and Governance (ESG) Supplement

This report provides detailed information on ANZ's sustainability performance and challenges. In response to stakeholder feedback, for the first time, we're releasing our ESG Supplement at the same time as the Annual Report.

2021 ESG Supplement (PDF 10.1MB)

Reporting

2021 ESG Supplement

Detailed information on ANZ's sustainability performance and challenges. Released 27 October 2021.

PDF 10.1MB

2021 Half-Year ESG Targets Update

Half-yearly report on progress against key sustainability targets. Released 27 October 2021.

PDF 378kB

2021 Environmental Performance Report

The 2021 Annual GHG Emissions and Carbon Offset Data Assurance Statement details our global carbon offset data, done by KPMG. Released 27 October 2021.

PDF 289kB

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