text stringlengths 0 7.73k |
|---|
Emissions Included • Scope 1 and 2 emissions (from building operational energy use) • Scope 3 emissions (Category 3 – Fuel and energy related emissions) |
Metric • Emissions from building energy use per square meter of net lettable area (kgCO₂-e/NLA)1. |
Financing Activities Included • All lending to relevant customers. |
Attribution Approach • No financing attribution approach applied. |
Benchmarking Scenario • International Energy Agency (IEA) Beyond 2°C (B2D) scenario for service buildings presented in the 2017 Energy Technology Perspectives report2. |
Key External Data Sources • National Australian Building Energy Rating Scheme (NABERS) energy rating certificates (Emissions Data) • Australian Government Building Energy Efficiency Register (NLA of office buildings) |
Large-scale commercial real estate. |
BUILDINGS. |
The information in this section should be read together with our disclaimer and important notices available here and our Financed Emissions Methodology available here. |
Overview. |
Governance. |
Strategy. |
Risk Management. |
Metrics and Targets. |
Sectoral metrics and targets. |
Sector exposures. |
Our approach to sectoral pathways. |
Pathways performance dashboard. |
Energy sector. |
Transport sector. |
Manufacturing sector. |
Buildings sector. |
Large Institutional Agribusiness Customers. |
Total lending portfolio. |
Appendix. |
Assurance opinion. |
ANZ 2023 Climate-related Financial Disclosures 69 |
Performance against target (not updated in 2023) |
The carbon intensity of our Australian large-scale real estate portfolio has declined consistently since 2019. We understand that this is due in large part to the actions taken by our customers to reduce their energy consumption and the carbon intensity of their final energy use – especially through purchases of accred... |
We have chosen not to report a pathway update at this time due to a change in the key underlying data by a third party. We will seek to resolve this challenge and provide an update as soon as practicable. Graphs 8a.1 and 8a.2 show the performance against our target up to end 2022. |
We set the pathway for this sector prior to joining the NZBA and we will review our pathway in 2024 to align more closely with their guidance. To that end, we are involved in a working group with some of our Australian banking peers that will seek to develop robust and comparable methodologies for measuring the finance... |
Actions to lower emissions of our commercial real estate portfolios. |
ANZ engages with a number of large-scale commercial real-estate customers on their lowcarbon transition plans, and this has been a key driver in realising opportunities in the sector for sustainable finance as outlined below. |
In 2020, we updated our policy so that all new large-scale offices1 financed by ANZ in the largescale commercial real estate sector are required to have a 5-star NABERS2 rating or above. |
Opportunities for emissions reduction and challenges. |
Non-residential buildings are one of the largest end-users of electricity in Australia and will play a critical role in Australia’s path to net zero emissions. |
Green buildings comprise a sizeable proportion of the assets we have funded under our previous $50 billion sustainable solutions target and we anticipate will continue to have a significant role in helping to achieve our new $100 billion social and environmental sustainability target. This includes around $200m having ... |
Our activity in this respect has supported the construction of new buildings and the retrofit of existing buildings so that they operate with lower carbon intensity. We see these opportunities continuing to grow in the future as building owners set their own carbon targets that are expected to be achieved through a com... |
1. A "large-scale office" is an office building with a Net Lettable Area >10,000 sqm located within a major CBD. 2. National Australian Built Environment Rating Scheme. |
LARGE-SCALE COMMERCIAL REAL ESTATE (CONTINUED) |
Overview. |
Governance. |
Strategy. |
Risk Management. |
Metrics and Targets. |
Sectoral metrics and targets. |
Sector exposures. |
Our approach to sectoral pathways. |
Pathways performance dashboard. |
Energy sector. |
Transport sector. |
Manufacturing sector. |
Buildings sector. |
Large Institutional Agribusiness Customers. |
Total lending portfolio. |
Appendix. |
Assurance opinion. |
ANZ 2023 Climate-related Financial Disclosures 70 |
5.0 6.0 4.0 1.0 2.0 3.0 0 Northern Territory Victoria ACT Queensland. |
States & Territories. |
South Australia Western Australia New South Wales Tasmania Australia. |
Australia. |
Electricity (Scope 2) (tCO2-e) Gas (Scope 1) (tCO2-e) LPG (Scope 1) (tCO2-e) |
Emissions per dwelling (tCO2-e) |
Graph 8b.1 – Australian Residential Home Loans Graph 8b.2 – Financed emissions by State & Territory. |
Residential Home Loans Metrics Summary. |
Metric 2023. |
Emissions Intensity (t CO₂-e/dwelling) 4.44. |
Absolute financed emissions (Mt CO₂-e) 1.693. |
Portfolio-wide intensity (kg CO₂-e/$ lent) 0.006. |
Data Quality Score1 5.0. |
Current loans outstanding $bn2 280.17. |
Victoria. |
New South Wales. |
Queensland. |
Western Ausralia. |
South Australia. |
ACT. |
Northern Teritory. |
Tasmania 2% 3% 10% 19% 24% 40% 1% 1% 1. The data quality score was calculated in accordance with guidance made available by the Partnership for Carbon Accounting Financials (PCAF) in the Global GHG Accounting and Reporting Standard for the Financial Industry – Part A (available here). 2. This figure reflects the status... |
Australian Residential Home Loans. |
Overview. |
Governance. |
Strategy. |
Risk Management. |
Metrics and Targets. |
Sectoral metrics and targets. |
Sector exposures. |
Our approach to sectoral pathways. |
Pathways performance dashboard. |
Energy sector. |
Transport sector. |
Manufacturing sector. |
Buildings sector. |
Large Institutional Agribusiness Customers. |
Total lending portfolio. |
Subsets and Splits
No community queries yet
The top public SQL queries from the community will appear here once available.