text stringlengths 0 7.73k |
|---|
Customer engagement. |
Biodiversity. |
Partnerships and initiatives. |
Reducing our environmental footprint. |
Risk Management. |
Metrics and Targets. |
Appendix. |
Assurance opinion. |
ANZ 2023 Climate-related Financial Disclosures 17 |
HIGHLIGHT. |
Schroders Greencoat LLP. |
ANZ acted as Sole Arranger and lender for Greencoat UK Wind PLC, a renewable infrastructure fund invested in UK wind farms, managed by Schroders Greencoat LLP, with a structured financing solution of GBP 150 million 3 and 5-year term facilities and associated interest rate hedging. |
As at August 2023 Greencoat UK Wind’s portfolio comprises interests in approximately 48 operating wind farms located across England, Scotland, Northern Ireland and Wales. The company provides investors with the opportunity to participate directly in the UK’s energy transition across a diversified operational portfolio. |
HIGHLIGHT. |
Longroad Energy Holdings LLC. |
In December 2022, ANZ acted as Joint Lead Arranger in a US$680 million Clubbed Financing Package for the development of Longroad Energy’s, 215MW Solar PV and 215MW Battery Storage Project located in Arizona, United States of America. |
Longroad Energy is a U.S based renewable energy company and majority owned by ANZ customers Infratil and NZ Super. The group is focused on development, ownership, and management of wind, solar and storage projects throughout North America, with over 4GW of renewable capacity developed and acquired since inception. |
Environmental Markets. |
There is increasing demand for carbon credits to help mitigate hard-to-abate emissions. Concurrently, there is an increasing demand from customers for guidance navigating emerging issues, such as nature, including biodiversity. |
ANZ acknowledges the pivotal role banks can serve in these markets. Responding to this, in mid 2022, ANZ introduced the Environmental Markets line of business – a joint initiative between our Corporate Finance and Markets businesses. |
Presently, the Environmental Markets team is building our capability to support customers, with an emphasis on carbon markets. |
The Environmental Markets team is working to help relevant stakeholders bring high quality carbon credits to market and streamline carbon trading. The team is also supporting customers to devise innovative carbon credit acquisition strategies. Drawing upon ANZ’s broad expertise, the team is collaborating with conventio... |
Our partner Pollination worked in close collaboration with our Environmental Markets team in providing advice and support on the end-to-end business development opportunity across environmental markets, carbon credits and nature-based projects. The work also included delivering a series of internal training sessions fo... |
HIGHLIGHT. |
Grollo. |
This year the Environmental Markets team partnered with Grollo Carbon Ventures (GCV) to successfully trade tokenised Australian Carbon Credit Units (ACCUs).1 The transaction was concluded in collaboration with ANZ's Digital Assets Services team as part of the Central Bank Digital Currency pilot run by the Reserve Bank ... |
ANZ/Clean Energy Finance Corporation (CEFC) Energy Efficient Asset Finance Program. |
For over five years ANZ has been working with the CEFC to support Australian businesses to invest in emission reducing infrastructure that will be resilient to a changing climate. Under the program, ANZ and the CEFC each contribute 0.25 per cent towards a 0.5 per cent interest rate discount to eligible customers for lo... |
The program enables customers to use discounted clean energy finance to reduce their costs at the same time as meeting community expectations around improving sustainability. |
Since its launch in 2017, this program has helped finance more than $279 million of investment in 1,240 clean energy technology deals for our Commercial and Agribusiness customers. |
2023: 216 deals, $35.7M volume $2.3 million Recycling deals $10.0 million Energy efciency deals $1.8 million Solar deals $21.6 million EV/PHEV deals. |
Total deal size $35.7 million. |
HIGHLIGHT. |
Tandy Group. |
Tandy Group is a customer involved in a diverse range of operations including concrete manufacturing, transport and the supply of potable water in Queensland. The Group has benefitted from a loan under the ANZ/CEFC loan discount program, which enabled them to upgrade equipment at their aggregate concrete crushing site ... |
“Sustainability can generate a profit by doing the right things with the environment and with your people.” Tandy Group’s Chief Executive Officer Mitchell Flor said. “Sustainability also drives innovation, and innovation is one of the keys to sustainability.” 1. Australian Carbon Credit Units (ACCUs) are issued by the ... |
Overview. |
Governance. |
Strategy. |
Our purpose and strategy. |
Our climate ambition. |
Supporting our customers to transition. |
Financing sustainability $100b target performance. |
Building capability. |
Customer engagement. |
Biodiversity. |
Partnerships and initiatives. |
Reducing our environmental footprint. |
Risk Management. |
Metrics and Targets. |
Appendix. |
Assurance opinion. |
ANZ 2023 Climate-related Financial Disclosures 18 |
1. ANZ Good Energy Home Loan. 2. ANZ Healthy Home Loan Package. 3. Funds under management. 4. ANZ Business Green Loan. |
Smaller Business and Retail Products (New Zealand) |
ANZ Bank New Zealand Limited (ANZ Bank New Zealand) has seen growth in the number of New Zealand customers using business and retail lending products to reduce their carbon footprint and improve their home’s health and energy efficiency: • Our Good Energy Home Loan top up is available to existing eligible1 home loan cu... |
• Our Healthy Home Loan Package offers interest rate discounts and fee savings for eligible2 customers who are buying, building, renovating or already own a home with a 6 Homestar rating or higher. |
Across the two products since October 2020, 8,091 households drew down the loans, for an aggregate amount of NZ$372.7 million.3 • Our Business Green Loan is available for eligible4 business customers to finance (or refinance) renewable energy initiatives, green buildings, native planting or sustainable land and water u... |
• In July this year we also launched a new low-interest ANZ Business Regrowth Loan in New Zealand aimed at those in need of finance following extreme weather events. Customers can use the loan for recovery costs to help with repairing or replacing damaged assets and property, or to improve their business' resilience to... |
Overview. |
Governance. |
Strategy. |
Our purpose and strategy. |
Our climate ambition. |
Supporting our customers to transition. |
Financing sustainability $100b target performance. |
Building capability. |
Customer engagement. |
Biodiversity. |
Partnerships and initiatives. |
Reducing our environmental footprint. |
Risk Management. |
Metrics and Targets. |
Appendix. |
Assurance opinion. |
ANZ 2023 Climate-related Financial Disclosures 19 |
Progress towards our $100b social and environmental sustainability target 13% SOCIAL 0% 100% 21% ENVIRONMENTAL 66% SUSTAINABILITY-LINKED $0.5 billion Energy $0.2 billion Green Building $0.04 billion Transport $0.08 billion Waste $2.7 billion Sustainability-Linked Facilities $0.005 billion Afordable Housing $4.6 billion... |
Funded2 $4.1 billion. |
Facilitated3 $4.7 billion 1. This number is a restatement from our 2023 Half Year unaudited disclosures made on 5 May 2023 when the $50 billon target was closed after reaching $47.09 billion; the closing audited balance has since been confirmed as $46.99 billion. 2. For more information on funded categories see ANZ's S... |
New $100 billion social and environmental sustainability target. |
On 31 March 2023 ANZ concluded its $50 billion by 2025 sustainable solutions target. We had funded and facilitated close to $47.0 billion1 across 387 transactions and were forecast to meet our $50 billion target well in advance of 2025. Refer to Appendix 6 on page 85 for details. |
Therefore, on 1 April 2023 ANZ commenced a new social and environmental sustainability target to fund and facilitate at least $100 billion by the end of 2030 in social and environmental outcomes through customer activities and direct investments by ANZ. The target applies to the ANZ Group and includes initiatives that ... |
Under this target, we have funded and facilitated approximately $8.8 billion across 54 transactions. This includes green, social, sustainability and sustainability-linked loans and bonds, and energy and affordable housing transactions. Of these, $4.1 billion of transactions are on-balance sheet loans and other credit l... |
The majority of transactions included in the new social and environmental sustainability target to date were funding for sustainability-linked facilities, energy, affordable housing and green buildings (66%, 13%, 10% and 5% of funded transactions respectively) and facilitation of ESG-format bond issuances. |
Since 2015, we have achieved $74.9 billion in sustainable funding and facilitation over three sustainability targets. ANZ achieved $19.13 billion on our $15 billion target, close to $47.0 billion on our $50 billion target and approximately $8.8 billion on our $100 billion target so far. |
We include both customer transactions and direct investments by ANZ towards the $100 billion social and environmental sustainability target. Customer transactions can be either unlabelled social and environmental sustainability activities or labelled sustainable finance transactions that are aligned with any of the 17 ... |
HIGHLIGHT. |
ANZ’s SDG bond program. |
ANZ Group Treasury’s capital and funding strategy includes SDG bond issuance which support our ambition to finance our customers' green, social and sustainability initiatives. ANZ’s SDG Bond Framework sets out a wide range of eligible loans that support specified use of proceeds in alignment to selected United Nations’... |
An amount equal to the proceeds raised from the SDG bonds is used to finance or refinance a pool of ANZ loans and expenditures that promote the applicable SDGs. Since inception, the eligible asset pool has increased from $1.5 billion to $9.2 billion,4 highlighting ANZ’s ongoing effort to fund and facilitate lending ali... |
Since ANZ’s inaugural SDG bond in February 2018, ANZ has issued five SDG Bonds totalling approximately $6.8 billion equivalent. |
Consistent with our purpose, ANZ’s intent is to issue SDG bonds as part of its capital and funding strategy, subject to market conditions. This is to satisfy investor demand and maintain access to a diverse investor base across global capital markets. access to global capital markets. |
Refer to ANZ’s SDG Bond Use of Proceeds and Impact Reports for further details, available on our Debt Investor website anz.com/debtinvestors/centre/greensustainability-bonds/ |
Overview. |
Subsets and Splits
No community queries yet
The top public SQL queries from the community will appear here once available.