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Select an assessment year:

  • Overall approach
    1/10
    • Overarching commitment on deforestation
      0/6
    • Deforestation as a business risk
      0/2
    • Target to reduce emissions in scope 1/2
    • Company must have anti-corruption policy
      1/2
      Yes, either an anti-corruption policy or a policy on prohibiting abusive tax arrangements
      1/2
      "As part of our tax governance framework, we have implemented compliance policies, procedures and programs to ensure continued adherence with the tax laws in all the countries where we operate. Tax compliance is a fundamental part of business practices of ANZ and our controlled entities. ANZ undertakes periodic internal tax control testing and reports this to the Board Audit Committee. ANZ’s tax culture and business practices are consistent with ANZ’s values and aspirations. ANZ does not enter into any arrangements that are designed to avoid or reduce the tax that we or our customers and partners owe. The tax governance and tax transfer pricing governance policy"
  • Commodity score
    24/90
    • Beef & Leather
      17/90
      • Commitment Strength
        3/31
        • Commodity-specific deforestation financing policy
          0/9.6
          • Commitment details
            No commitment
            0/8
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must be legally operated
          2.9/4.6
          • Commitment details
            Companies own operations - Required
            1.5/3
            Commitment details
            Companies own operations - Required
            1.5/3
            "Exclusion zones – ANZ will not knowingly support client activities which impact on the following areas and circumstances; World Heritage Areas , designated national parks and conservation areas8 , activities that threaten species listed in CITES9 or relevant national legislation, activities that result in the broad-scale conversion of Critical Habitat10 and High Conservation Value Areas, and/or activities which are illegal and which threaten established traditional rights."
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "Exclusion zones – ANZ will not knowingly support client activities which impact on the following areas and circumstances; World Heritage Areas , designated national parks and conservation areas8 , activities that threaten species listed in CITES9 or relevant national legislation, activities that result in the broad-scale conversion of Critical Habitat10 and High Conservation Value Areas, and/or activities which are illegal and which threaten established traditional rights."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Exclusion zones – ANZ will not knowingly support client activities which impact on the following areas and circumstances; World Heritage Areas , designated national parks and conservation areas8 , activities that threaten species listed in CITES9 or relevant national legislation, activities that result in the broad-scale conversion of Critical Habitat10 and High Conservation Value Areas, and/or activities which are illegal and which threaten established traditional rights."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Exclusion zones – ANZ will not knowingly support client activities which impact on the following areas and circumstances; World Heritage Areas , designated national parks and conservation areas8 , activities that threaten species listed in CITES9 or relevant national legislation, activities that result in the broad-scale conversion of Critical Habitat10 and High Conservation Value Areas, and/or activities which are illegal and which threaten established traditional rights."
          • Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            "Exclusion zones – ANZ will not knowingly support client activities which impact on the following areas and circumstances; World Heritage Areas , designated national parks and conservation areas8 , activities that threaten species listed in CITES9 or relevant national legislation, activities that result in the broad-scale conversion of Critical Habitat10 and High Conservation Value Areas, and/or activities which are illegal and which threaten established traditional rights."
        • Companies must monitor operations
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must conduct risk assessments
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must specify a cut-off date
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Social Considerations
        10/27
        • Company must ensure Free, Prior and Informed Consent
          5.4/5.6
          • Commitment details
            Required
            4/4
            Commitment details
            Required
            4/4
            "We will not tolerate land acquisitions by our customers that we consider to be improper, including [...] where the land acquisition process followed is not consistent with the Equator Principles and IFC Performance Standards, including the right to free, prior and informed consent."
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "For project finance and project-related corporate loans1 , ANZ applies the Equator Principles. This includes Principle 5, which requires customers to demonstrate effective stakeholder engagement with affected communities in a structured and culturally appropriate manner. Projects with adverse impacts on indigenous people require their free, prior and informed consent (FPIC), consistent with the special circumstances described in the International Finance Corporation (IFC) Performance Standard [...] We will not tolerate land acquisitions by our customers that we consider to be improper, including those: 1. that are illegal under local laws (such as acquisitions obtained by inappropriate force, or that deny normal or customary access to landholders or land users) 2. where our customers do not follow land acquisition or involuntary resettlement processes in line with international standards, such as the IFC Performance Standards 3. that are subject to the Equator Principles, and where the land acquisition process followed is not consistent with the Equator Principles and IFC Performance Standards, including the right to free, prior and informed consent where it applies."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "For project finance and project-related corporate loans1 , ANZ applies the Equator Principles. This includes Principle 5, which requires customers to demonstrate effective stakeholder engagement with affected communities in a structured and culturally appropriate manner. Projects with adverse impacts on indigenous people require their free, prior and informed consent (FPIC), consistent with the special circumstances described in the International Finance Corporation (IFC) Performance Standard [...] We will not tolerate land acquisitions by our customers that we consider to be improper, including those: 1. that are illegal under local laws (such as acquisitions obtained by inappropriate force, or that deny normal or customary access to landholders or land users) 2. where our customers do not follow land acquisition or involuntary resettlement processes in line with international standards, such as the IFC Performance Standards 3. that are subject to the Equator Principles, and where the land acquisition process followed is not consistent with the Equator Principles and IFC Performance Standards, including the right to free, prior and informed consent where it applies."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "For project finance and project-related corporate loans1 , ANZ applies the Equator Principles. This includes Principle 5, which requires customers to demonstrate effective stakeholder engagement with affected communities in a structured and culturally appropriate manner. Projects with adverse impacts on indigenous people require their free, prior and informed consent (FPIC), consistent with the special circumstances described in the International Finance Corporation (IFC) Performance Standard [...] We will not tolerate land acquisitions by our customers that we consider to be improper, including those: 1. that are illegal under local laws (such as acquisitions obtained by inappropriate force, or that deny normal or customary access to landholders or land users) 2. where our customers do not follow land acquisition or involuntary resettlement processes in line with international standards, such as the IFC Performance Standards 3. that are subject to the Equator Principles, and where the land acquisition process followed is not consistent with the Equator Principles and IFC Performance Standards, including the right to free, prior and informed consent where it applies."
          • Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            "For project finance and project-related corporate loans1 , ANZ applies the Equator Principles. This includes Principle 5, which requires customers to demonstrate effective stakeholder engagement with affected communities in a structured and culturally appropriate manner. Projects with adverse impacts on indigenous people require their free, prior and informed consent (FPIC), consistent with the special circumstances described in the International Finance Corporation (IFC) Performance Standard [...] We will not tolerate land acquisitions by our customers that we consider to be improper, including those: 1. that are illegal under local laws (such as acquisitions obtained by inappropriate force, or that deny normal or customary access to landholders or land users) 2. where our customers do not follow land acquisition or involuntary resettlement processes in line with international standards, such as the IFC Performance Standards 3. that are subject to the Equator Principles, and where the land acquisition process followed is not consistent with the Equator Principles and IFC Performance Standards, including the right to free, prior and informed consent where it applies."
        • Companies must have a grievance mechanism
          5.4/5.6
          • Commitment details
            Required
            4/4
            Commitment details
            Required
            4/4
            "Our progress in 2019 and focus for 2020 This year we have focused on improving our human rights performance in: • our lending policies, which now require our customers to have grievance mechanisms in place, especially for large infrastructure projects; ..."; "We have strengthened our Policy in several areas, including: - an expectation that customers maintain appropriate grievance mechanisms in line with the United Nations Guiding Principles for Business and Human Rights, especially relevant for large projects, eg. mining or others with significant community impacts (land acquisition for soft commodities such as palm oil and sugar). We will also reflect these expectations in our Human Rights Standards;.."
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "Our progress in 2019 and focus for 2020 This year we have focused on improving our human rights performance in: • our lending policies, which now require our customers to have grievance mechanisms in place, especially for large infrastructure projects; ..."; "We have strengthened our Policy in several areas, including: - an expectation that customers maintain appropriate grievance mechanisms in line with the United Nations Guiding Principles for Business and Human Rights, especially relevant for large projects, eg. mining or others with significant community impacts (land acquisition for soft commodities such as palm oil and sugar). We will also reflect these expectations in our Human Rights Standards;.."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Our progress in 2019 and focus for 2020 This year we have focused on improving our human rights performance in: • our lending policies, which now require our customers to have grievance mechanisms in place, especially for large infrastructure projects; ..."; "We have strengthened our Policy in several areas, including: - an expectation that customers maintain appropriate grievance mechanisms in line with the United Nations Guiding Principles for Business and Human Rights, especially relevant for large projects, eg. mining or others with significant community impacts (land acquisition for soft commodities such as palm oil and sugar). We will also reflect these expectations in our Human Rights Standards;.."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Our progress in 2019 and focus for 2020 This year we have focused on improving our human rights performance in: • our lending policies, which now require our customers to have grievance mechanisms in place, especially for large infrastructure projects; ..."; "We have strengthened our Policy in several areas, including: - an expectation that customers maintain appropriate grievance mechanisms in line with the United Nations Guiding Principles for Business and Human Rights, especially relevant for large projects, eg. mining or others with significant community impacts (land acquisition for soft commodities such as palm oil and sugar). We will also reflect these expectations in our Human Rights Standards;.."
          • Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            "Our progress in 2019 and focus for 2020 This year we have focused on improving our human rights performance in: • our lending policies, which now require our customers to have grievance mechanisms in place, especially for large infrastructure projects; ..."; "We have strengthened our Policy in several areas, including: - an expectation that customers maintain appropriate grievance mechanisms in line with the United Nations Guiding Principles for Business and Human Rights, especially relevant for large projects, eg. mining or others with significant community impacts (land acquisition for soft commodities such as palm oil and sugar). We will also reflect these expectations in our Human Rights Standards;.."
        • Company must respect labour rights
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must address gender equality issues
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must resolve land conflicts
          0/1.6
          • Commitment details
            No
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Reporting and Implementation
        4/31
        • Commitments must be timebound
          No
          0/5
        • Companies must disclose subsidiaries in commodity supply chains
          No
          0/4
        • Companies must disclose locations
          No
          0/4
        • Policy is reviewed and updated
          Timeline for review unclear or review conducted less frequently than annually
          1/2
          Policy is reviewed and updated
          Timeline for review unclear or review conducted less frequently than annually
          1/2
          "This year we reviewed our Policy to ensure that it appropriately reflects emerging issues and leading practices, focusing on a number of priority issues and sectors, ie grievance mechanisms, palm oil financing, and measures to reduce carbon emissions in the energy, transport, building and agricultural sectors."
        • Monitoring and non-compliance process
          No
          0/5
        • Engagement with non-compliant companies
          Engage with non-compliant companies without a time-bound threat of divestment
          2.5/5
          Engagement with non-compliant companies
          Engage with non-compliant companies without a time-bound threat of divestment
          2.5/5
          "Policy Deviations – If ANZ becomes aware that a client is operating outside the requirements of this policy, we may engage with the client, relevant stakeholders and appropriate authorities to clarify and resolve the situation to ANZ’s satisfaction. In a situation where a client is operating outside the requirements of this policy and unable to demonstrate a commitment to continuous improvement, ANZ may consider discontinuing the business relationship."
        • Reporting on implementation of the policy
          No
          0/6
        • Ethical product in portfolio
          No
    • Palm oil
      34/90
      • Commitment Strength
        16/31
        • Commodity-specific deforestation financing policy
          7.4/9.6
          • Commitment details
            Zero-gross deforestation
            6/8
            Commitment details
            Zero-gross deforestation
            6/8
            "New customers must have a 'No Deforestation, peat, exploitation (NDPE) policy or commit to one within a time-bound period. Existing customers are expected to adopt a NDPE policy within a time-bound period. ANZ also requires independent specialist or verifier statements to provide assurance of performance requirements or certification under RSPO or ISPO. Irrespective of their certification status, all palm oil customers must satisfy a strict assessment prior to credit approval that they are not involved in any deforestation activities and are not involved in any new development on peat, regardless of depth. Group Risk Appetite Statement (RAS) Our Group Risk Appetite states that physical climate risks - of which forests related activities are impacted by - are to be considered and managed as a contributor to credit risk"
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "New customers must have a 'No Deforestation, peat, exploitation (NDPE) policy or commit to one within a time-bound period. Existing customers are expected to adopt a NDPE policy within a time-bound period. ANZ also requires independent specialist or verifier statements to provide assurance of performance requirements or certification under RSPO or ISPO. Irrespective of their certification status, all palm oil customers must satisfy a strict assessment prior to credit approval that they are not involved in any deforestation activities and are not involved in any new development on peat, regardless of depth. Group Risk Appetite Statement (RAS) Our Group Risk Appetite states that physical climate risks - of which forests related activities are impacted by - are to be considered and managed as a contributor to credit risk"
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "New customers must have a 'No Deforestation, peat, exploitation (NDPE) policy or commit to one within a time-bound period. Existing customers are expected to adopt a NDPE policy within a time-bound period. ANZ also requires independent specialist or verifier statements to provide assurance of performance requirements or certification under RSPO or ISPO. Irrespective of their certification status, all palm oil customers must satisfy a strict assessment prior to credit approval that they are not involved in any deforestation activities and are not involved in any new development on peat, regardless of depth. Group Risk Appetite Statement (RAS) Our Group Risk Appetite states that physical climate risks - of which forests related activities are impacted by - are to be considered and managed as a contributor to credit risk"
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "New customers must have a 'No Deforestation, peat, exploitation (NDPE) policy or commit to one within a time-bound period. Existing customers are expected to adopt a NDPE policy within a time-bound period. ANZ also requires independent specialist or verifier statements to provide assurance of performance requirements or certification under RSPO or ISPO. Irrespective of their certification status, all palm oil customers must satisfy a strict assessment prior to credit approval that they are not involved in any deforestation activities and are not involved in any new development on peat, regardless of depth. Group Risk Appetite Statement (RAS) Our Group Risk Appetite states that physical climate risks - of which forests related activities are impacted by - are to be considered and managed as a contributor to credit risk"
          • Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            "New customers must have a 'No Deforestation, peat, exploitation (NDPE) policy or commit to one within a time-bound period. Existing customers are expected to adopt a NDPE policy within a time-bound period. ANZ also requires independent specialist or verifier statements to provide assurance of performance requirements or certification under RSPO or ISPO. Irrespective of their certification status, all palm oil customers must satisfy a strict assessment prior to credit approval that they are not involved in any deforestation activities and are not involved in any new development on peat, regardless of depth. Group Risk Appetite Statement (RAS) Our Group Risk Appetite states that physical climate risks - of which forests related activities are impacted by - are to be considered and managed as a contributor to credit risk"
        • Companies must be legally operated
          2.9/4.6
          • Commitment details
            Companies own operations - Required
            1.5/3
            Commitment details
            Companies own operations - Required
            1.5/3
            "Exclusion zones – ANZ will not knowingly support client activities which impact on the following areas and circumstances; World Heritage Areas , designated national parks and conservation areas8 , activities that threaten species listed in CITES9 or relevant national legislation, activities that result in the broad-scale conversion of Critical Habitat10 and High Conservation Value Areas, and/or activities which are illegal and which threaten established traditional rights."
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "Exclusion zones – ANZ will not knowingly support client activities which impact on the following areas and circumstances; World Heritage Areas , designated national parks and conservation areas8 , activities that threaten species listed in CITES9 or relevant national legislation, activities that result in the broad-scale conversion of Critical Habitat10 and High Conservation Value Areas, and/or activities which are illegal and which threaten established traditional rights."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Exclusion zones – ANZ will not knowingly support client activities which impact on the following areas and circumstances; World Heritage Areas , designated national parks and conservation areas8 , activities that threaten species listed in CITES9 or relevant national legislation, activities that result in the broad-scale conversion of Critical Habitat10 and High Conservation Value Areas, and/or activities which are illegal and which threaten established traditional rights."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Exclusion zones – ANZ will not knowingly support client activities which impact on the following areas and circumstances; World Heritage Areas , designated national parks and conservation areas, activities that threaten species listed in CITES9 or relevant national legislation, activities that result in the broad-scale conversion of Critical Habitat10 and High Conservation Value Areas, and/or activities which are illegal and which threaten established traditional rights."
          • Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            "Exclusion zones – ANZ will not knowingly support client activities which impact on the following areas and circumstances; World Heritage Areas , designated national parks and conservation areas, activities that threaten species listed in CITES9 or relevant national legislation, activities that result in the broad-scale conversion of Critical Habitat10 and High Conservation Value Areas, and/or activities which are illegal and which threaten established traditional rights."
        • Companies must monitor operations
          5.4/5.6
          • Commitment details
            Required
            4/4
            Commitment details
            Required
            4/4
            Type of policy: Assurance mechanism

            Certification scheme (if applicable): RSPO
            "We have strengthened our Policy in several areas, including: ... - require customers with palm oil operations to have established ‘No Deforestation, development on Peat, Exploitation of people’ (NDPE) policies or commit to a NDPE policy within a time-bound period, and certification of practices under the Roundtable on Sustainable Palm Oil or equivalent standards; ..."
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            We have strengthened our Policy in several areas, including: ... - require customers with palm oil operations to have established ‘No Deforestation, development on Peat, Exploitation of people’ (NDPE) policies or commit to a NDPE policy within a time-bound period, and certification of practices under the Roundtable on Sustainable Palm Oil or equivalent standards; ..."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            We have strengthened our Policy in several areas, including: ... - require customers with palm oil operations to have established ‘No Deforestation, development on Peat, Exploitation of people’ (NDPE) policies or commit to a NDPE policy within a time-bound period, and certification of practices under the Roundtable on Sustainable Palm Oil or equivalent standards; ..."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            We have strengthened our Policy in several areas, including: ... - require customers with palm oil operations to have established ‘No Deforestation, development on Peat, Exploitation of people’ (NDPE) policies or commit to a NDPE policy within a time-bound period, and certification of practices under the Roundtable on Sustainable Palm Oil or equivalent standards; ..."
          • Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            We have strengthened our Policy in several areas, including: ... - require customers with palm oil operations to have established ‘No Deforestation, development on Peat, Exploitation of people’ (NDPE) policies or commit to a NDPE policy within a time-bound period, and certification of practices under the Roundtable on Sustainable Palm Oil or equivalent standards; ..."
        • Companies must conduct risk assessments
          0/5.6
          • Commitment details
            No
            0/4
            Commitment details
            No
            0/4
            We are committed to working with customers that support social and environmental sustainability in their approach. We recognise that one of the most valuable contributions we can make, is to inform and work with our customers to understand risks and opportunities posed by their operations and to manage their social and environmental impacts. [...] The Policy outlines the social and environmental considerations to be taken into account by our bankers when determining business transactions. It incorporates our Human Rights Standards, including our ‘zero tolerance’ for improper land acquisition and involuntary resettlement, and labour rights issues such as modern slavery." https://www.anz.com.au/about-us/esg-priorities/fair-responsible-banking/responsible-business-lending/
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must specify a cut-off date
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Social Considerations
        10/27
        • Company must ensure Free, Prior and Informed Consent
          5.4/5.6
          • Commitment details
            Required
            4/4
            Commitment details
            Required
            4/4
            "We will not tolerate land acquisitions by our customers that we consider to be improper, including [...] where the land acquisition process followed is not consistent with the Equator Principles and IFC Performance Standards, including the right to free, prior and informed consent."
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "For project finance and project-related corporate loans1 , ANZ applies the Equator Principles. This includes Principle 5, which requires customers to demonstrate effective stakeholder engagement with affected communities in a structured and culturally appropriate manner. Projects with adverse impacts on indigenous people require their free, prior and informed consent (FPIC), consistent with the special circumstances described in the International Finance Corporation (IFC) Performance Standard [...] We will not tolerate land acquisitions by our customers that we consider to be improper, including those: 1. that are illegal under local laws (such as acquisitions obtained by inappropriate force, or that deny normal or customary access to landholders or land users) 2. where our customers do not follow land acquisition or involuntary resettlement processes in line with international standards, such as the IFC Performance Standards 3. that are subject to the Equator Principles, and where the land acquisition process followed is not consistent with the Equator Principles and IFC Performance Standards, including the right to free, prior and informed consent where it applies."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "For project finance and project-related corporate loans , ANZ applies the Equator Principles. This includes Principle 5, which requires customers to demonstrate effective stakeholder engagement with affected communities in a structured and culturally appropriate manner. Projects with adverse impacts on indigenous people require their free, prior and informed consent (FPIC), consistent with the special circumstances described in the International Finance Corporation (IFC) Performance Standard [...] We will not tolerate land acquisitions by our customers that we consider to be improper, including those: 1. that are illegal under local laws (such as acquisitions obtained by inappropriate force, or that deny normal or customary access to landholders or land users) 2. where our customers do not follow land acquisition or involuntary resettlement processes in line with international standards, such as the IFC Performance Standards 3. that are subject to the Equator Principles, and where the land acquisition process followed is not consistent with the Equator Principles and IFC Performance Standards, including the right to free, prior and informed consent where it applies"
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "For project finance and project-related corporate loans , ANZ applies the Equator Principles. This includes Principle 5, which requires customers to demonstrate effective stakeholder engagement with affected communities in a structured and culturally appropriate manner. Projects with adverse impacts on indigenous people require their free, prior and informed consent (FPIC), consistent with the special circumstances described in the International Finance Corporation (IFC) Performance Standard [...] We will not tolerate land acquisitions by our customers that we consider to be improper, including those: 1. that are illegal under local laws (such as acquisitions obtained by inappropriate force, or that deny normal or customary access to landholders or land users) 2. where our customers do not follow land acquisition or involuntary resettlement processes in line with international standards, such as the IFC Performance Standards 3. that are subject to the Equator Principles, and where the land acquisition process followed is not consistent with the Equator Principles and IFC Performance Standards, including the right to free, prior and informed consent where it applies"
          • Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            "For project finance and project-related corporate loans , ANZ applies the Equator Principles. This includes Principle 5, which requires customers to demonstrate effective stakeholder engagement with affected communities in a structured and culturally appropriate manner. Projects with adverse impacts on indigenous people require their free, prior and informed consent (FPIC), consistent with the special circumstances described in the International Finance Corporation (IFC) Performance Standard [...] We will not tolerate land acquisitions by our customers that we consider to be improper, including those: 1. that are illegal under local laws (such as acquisitions obtained by inappropriate force, or that deny normal or customary access to landholders or land users) 2. where our customers do not follow land acquisition or involuntary resettlement processes in line with international standards, such as the IFC Performance Standards 3. that are subject to the Equator Principles, and where the land acquisition process followed is not consistent with the Equator Principles and IFC Performance Standards, including the right to free, prior and informed consent where it applies"
        • Companies must have a grievance mechanism
          5.4/5.6
          • Commitment details
            Required
            4/4
            Commitment details
            Required
            4/4
            "Our progress in 2019 and focus for 2020 This year we have focused on improving our human rights performance in: • our lending policies, which now require our customers to have grievance mechanisms in place, especially for large infrastructure projects; ..."; "We have strengthened our Policy in several areas, including: - an expectation that customers maintain appropriate grievance mechanisms in line with the United Nations Guiding Principles for Business and Human Rights, especially relevant for large projects, eg. mining or others with significant community impacts (land acquisition for soft commodities such as palm oil and sugar). We will also reflect these expectations in our Human Rights Standards;.."
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "Our progress in 2019 and focus for 2020 This year we have focused on improving our human rights performance in: • our lending policies, which now require our customers to have grievance mechanisms in place, especially for large infrastructure projects; ..."; "We have strengthened our Policy in several areas, including: - an expectation that customers maintain appropriate grievance mechanisms in line with the United Nations Guiding Principles for Business and Human Rights, especially relevant for large projects, eg. mining or others with significant community impacts (land acquisition for soft commodities such as palm oil and sugar). We will also reflect these expectations in our Human Rights Standards;.."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Our progress in 2019 and focus for 2020 This year we have focused on improving our human rights performance in: • our lending policies, which now require our customers to have grievance mechanisms in place, especially for large infrastructure projects; ..."; "We have strengthened our Policy in several areas, including: - an expectation that customers maintain appropriate grievance mechanisms in line with the United Nations Guiding Principles for Business and Human Rights, especially relevant for large projects, eg. mining or others with significant community impacts (land acquisition for soft commodities such as palm oil and sugar). We will also reflect these expectations in our Human Rights Standards;.."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Our progress in 2019 and focus for 2020 This year we have focused on improving our human rights performance in: • our lending policies, which now require our customers to have grievance mechanisms in place, especially for large infrastructure projects; ..."; "We have strengthened our Policy in several areas, including: - an expectation that customers maintain appropriate grievance mechanisms in line with the United Nations Guiding Principles for Business and Human Rights, especially relevant for large projects, eg. mining or others with significant community impacts (land acquisition for soft commodities such as palm oil and sugar). We will also reflect these expectations in our Human Rights Standards;.."
          • Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            "Our progress in 2019 and focus for 2020 This year we have focused on improving our human rights performance in: • our lending policies, which now require our customers to have grievance mechanisms in place, especially for large infrastructure projects; ..."; "We have strengthened our Policy in several areas, including: - an expectation that customers maintain appropriate grievance mechanisms in line with the United Nations Guiding Principles for Business and Human Rights, especially relevant for large projects, eg. mining or others with significant community impacts (land acquisition for soft commodities such as palm oil and sugar). We will also reflect these expectations in our Human Rights Standards;.."
        • Company must respect labour rights
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must address gender equality issues
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must resolve land conflicts
          0/1.6
          • Commitment details
            Required
            Commitment details
            Required
            0/0
            "We will not tolerate land acquisitions by our customers that we consider to be improper, including those: 1. that are illegal under local laws (such as acquisitions obtained by inappropriate force, or that deny normal or customary access to landholders or land users) 2. where our customers do not follow land acquisition or involuntary resettlement processes in line with international standards, such as the IFC Performance Standards 3. that are subject to the Equator Principles, and where the land acquisition process followed is not consistent with the Equator Principles and IFC Performance Standards, including the right to free, prior and informed consent where it applies."  
          • Policy applies to all operations and financing
            All financing
            0/0.4
            Policy applies to all operations and financing
            All financing
            0/0.4
            "We will not tolerate land acquisitions by our customers that we consider to be improper, including those: 1. that are illegal under local laws (such as acquisitions obtained by inappropriate force, or that deny normal or customary access to landholders or land users) 2. where our customers do not follow land acquisition or involuntary resettlement processes in line with international standards, such as the IFC Performance Standards 3. that are subject to the Equator Principles, and where the land acquisition process followed is not consistent with the Equator Principles and IFC Performance Standards, including the right to free, prior and informed consent where it applies."  
          • Policy applies to all deals
            All financing
            0/0.4
            Policy applies to all deals
            All financing
            0/0.4
            "We will not tolerate land acquisitions by our customers that we consider to be improper, including those: 1. that are illegal under local laws (such as acquisitions obtained by inappropriate force, or that deny normal or customary access to landholders or land users) 2. where our customers do not follow land acquisition or involuntary resettlement processes in line with international standards, such as the IFC Performance Standards 3. that are subject to the Equator Principles, and where the land acquisition process followed is not consistent with the Equator Principles and IFC Performance Standards, including the right to free, prior and informed consent where it applies."  
          • Policy applies to all companies
            All financing
            0/0.4
            Policy applies to all companies
            All financing
            0/0.4
            "We will not tolerate land acquisitions by our customers that we consider to be improper, including those: 1. that are illegal under local laws (such as acquisitions obtained by inappropriate force, or that deny normal or customary access to landholders or land users) 2. where our customers do not follow land acquisition or involuntary resettlement processes in line with international standards, such as the IFC Performance Standards 3. that are subject to the Equator Principles, and where the land acquisition process followed is not consistent with the Equator Principles and IFC Performance Standards, including the right to free, prior and informed consent where it applies."  
          • Policy applies to all stages of the supply chain
            Producers; Processors
            0/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors
            0/0.4
            "We will not tolerate land acquisitions by our customers that we consider to be improper, including those: 1. that are illegal under local laws (such as acquisitions obtained by inappropriate force, or that deny normal or customary access to landholders or land users) 2. where our customers do not follow land acquisition or involuntary resettlement processes in line with international standards, such as the IFC Performance Standards 3. that are subject to the Equator Principles, and where the land acquisition process followed is not consistent with the Equator Principles and IFC Performance Standards, including the right to free, prior and informed consent where it applies."  
      • Reporting and Implementation
        9/31
        • Commitments must be timebound
          Required
          5/5
          Commitments must be timebound
          Required
          5/5
          What is the length of time the portfolio companies are given to meet their time-bound plans?: No specified 
          "We have strengthened our Policy in several areas, including: ... - require customers with palm oil operations to have established ‘No Deforestation, development on Peat, Exploitation of people’ (NDPE) policies or commit to a NDPE policy within a time-bound period, and certification of practices under the Roundtable on Sustainable Palm Oil or equivalent standards; ..."
        • Companies must disclose subsidiaries in commodity supply chains
          No
          0/4
        • Companies must disclose locations
          No
          0/4
        • Policy is reviewed and updated
          Timeline for review unclear or review conducted less frequently than annually
          1/2
          Policy is reviewed and updated
          Timeline for review unclear or review conducted less frequently than annually
          1/2
          "This year we reviewed our Policy to ensure that it appropriately reflects emerging issues and leading practices, focusing on a number of priority issues and sectors, ie grievance mechanisms, palm oil financing, and measures to reduce carbon emissions in the energy, transport, building and agricultural sectors."
        • Monitoring and non-compliance process
          No
          0/5
        • Engagement with non-compliant companies
          Engage with non-compliant companies without a time-bound threat of divestment
          2.5/5
          Engagement with non-compliant companies
          Engage with non-compliant companies without a time-bound threat of divestment
          2.5/5
          "Policy Deviations – If ANZ becomes aware that a client is operating outside the requirements of this policy, we may engage with the client, relevant stakeholders and appropriate authorities to clarify and resolve the situation to ANZ’s satisfaction. In a situation where a client is operating outside the requirements of this policy and unable to demonstrate a commitment to continuous improvement, ANZ may consider discontinuing the business relationship."
        • Reporting on implementation of the policy
          No
          0/6
        • Ethical product in portfolio
          No
    • Soy
      17/90
      • Commitment Strength
        3/31
        • Commodity-specific deforestation financing policy
          0/9.6
          • Commitment details
            No commitment
            0/8
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must be legally operated
          2.9/4.6
          • Commitment details
            Companies own operations - Required
            1.5/3
            Commitment details
            Companies own operations - Required
            1.5/3
            "Exclusion zones – ANZ will not knowingly support client activities which impact on the following areas and circumstances; World Heritage Areas , designated national parks and conservation areas8 , activities that threaten species listed in CITES9 or relevant national legislation, activities that result in the broad-scale conversion of Critical Habitat10 and High Conservation Value Areas, and/or activities which are illegal and which threaten established traditional rights."
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "Exclusion zones – ANZ will not knowingly support client activities which impact on the following areas and circumstances; World Heritage Areas , designated national parks and conservation areas8 , activities that threaten species listed in CITES9 or relevant national legislation, activities that result in the broad-scale conversion of Critical Habitat10 and High Conservation Value Areas, and/or activities which are illegal and which threaten established traditional rights."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Exclusion zones – ANZ will not knowingly support client activities which impact on the following areas and circumstances; World Heritage Areas , designated national parks and conservation areas8 , activities that threaten species listed in CITES9 or relevant national legislation, activities that result in the broad-scale conversion of Critical Habitat10 and High Conservation Value Areas, and/or activities which are illegal and which threaten established traditional rights."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Exclusion zones – ANZ will not knowingly support client activities which impact on the following areas and circumstances; World Heritage Areas , designated national parks and conservation areas8 , activities that threaten species listed in CITES9 or relevant national legislation, activities that result in the broad-scale conversion of Critical Habitat10 and High Conservation Value Areas, and/or activities which are illegal and which threaten established traditional rights."
          • Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            "Exclusion zones – ANZ will not knowingly support client activities which impact on the following areas and circumstances; World Heritage Areas , designated national parks and conservation areas8 , activities that threaten species listed in CITES9 or relevant national legislation, activities that result in the broad-scale conversion of Critical Habitat10 and High Conservation Value Areas, and/or activities which are illegal and which threaten established traditional rights."
        • Companies must monitor operations
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must conduct risk assessments
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must specify a cut-off date
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Social Considerations
        10/27
        • Company must ensure Free, Prior and Informed Consent
          5.4/5.6
          • Commitment details
            Required
            4/4
            Commitment details
            Required
            4/4
            "We will not tolerate land acquisitions by our customers that we consider to be improper, including [...] where the land acquisition process followed is not consistent with the Equator Principles and IFC Performance Standards, including the right to free, prior and informed consent."
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "For project finance and project-related corporate loans1 , ANZ applies the Equator Principles. This includes Principle 5, which requires customers to demonstrate effective stakeholder engagement with affected communities in a structured and culturally appropriate manner. Projects with adverse impacts on indigenous people require their free, prior and informed consent (FPIC), consistent with the special circumstances described in the International Finance Corporation (IFC) Performance Standard [...] We will not tolerate land acquisitions by our customers that we consider to be improper, including those: 1. that are illegal under local laws (such as acquisitions obtained by inappropriate force, or that deny normal or customary access to landholders or land users) 2. where our customers do not follow land acquisition or involuntary resettlement processes in line with international standards, such as the IFC Performance Standards 3. that are subject to the Equator Principles, and where the land acquisition process followed is not consistent with the Equator Principles and IFC Performance Standards, including the right to free, prior and informed consent where it applies."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "For project finance and project-related corporate loans1 , ANZ applies the Equator Principles. This includes Principle 5, which requires customers to demonstrate effective stakeholder engagement with affected communities in a structured and culturally appropriate manner. Projects with adverse impacts on indigenous people require their free, prior and informed consent (FPIC), consistent with the special circumstances described in the International Finance Corporation (IFC) Performance Standard [...] We will not tolerate land acquisitions by our customers that we consider to be improper, including those: 1. that are illegal under local laws (such as acquisitions obtained by inappropriate force, or that deny normal or customary access to landholders or land users) 2. where our customers do not follow land acquisition or involuntary resettlement processes in line with international standards, such as the IFC Performance Standards 3. that are subject to the Equator Principles, and where the land acquisition process followed is not consistent with the Equator Principles and IFC Performance Standards, including the right to free, prior and informed consent where it applies."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "For project finance and project-related corporate loans1 , ANZ applies the Equator Principles. This includes Principle 5, which requires customers to demonstrate effective stakeholder engagement with affected communities in a structured and culturally appropriate manner. Projects with adverse impacts on indigenous people require their free, prior and informed consent (FPIC), consistent with the special circumstances described in the International Finance Corporation (IFC) Performance Standard [...] We will not tolerate land acquisitions by our customers that we consider to be improper, including those: 1. that are illegal under local laws (such as acquisitions obtained by inappropriate force, or that deny normal or customary access to landholders or land users) 2. where our customers do not follow land acquisition or involuntary resettlement processes in line with international standards, such as the IFC Performance Standards 3. that are subject to the Equator Principles, and where the land acquisition process followed is not consistent with the Equator Principles and IFC Performance Standards, including the right to free, prior and informed consent where it applies."
          • Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            "For project finance and project-related corporate loans1 , ANZ applies the Equator Principles. This includes Principle 5, which requires customers to demonstrate effective stakeholder engagement with affected communities in a structured and culturally appropriate manner. Projects with adverse impacts on indigenous people require their free, prior and informed consent (FPIC), consistent with the special circumstances described in the International Finance Corporation (IFC) Performance Standard [...] We will not tolerate land acquisitions by our customers that we consider to be improper, including those: 1. that are illegal under local laws (such as acquisitions obtained by inappropriate force, or that deny normal or customary access to landholders or land users) 2. where our customers do not follow land acquisition or involuntary resettlement processes in line with international standards, such as the IFC Performance Standards 3. that are subject to the Equator Principles, and where the land acquisition process followed is not consistent with the Equator Principles and IFC Performance Standards, including the right to free, prior and informed consent where it applies."
        • Companies must have a grievance mechanism
          5.4/5.6
          • Commitment details
            Required
            4/4
            Commitment details
            Required
            4/4
            "Our progress in 2019 and focus for 2020 This year we have focused on improving our human rights performance in: • our lending policies, which now require our customers to have grievance mechanisms in place, especially for large infrastructure projects; ..."; "We have strengthened our Policy in several areas, including: - an expectation that customers maintain appropriate grievance mechanisms in line with the United Nations Guiding Principles for Business and Human Rights, especially relevant for large projects, eg. mining or others with significant community impacts (land acquisition for soft commodities such as palm oil and sugar). We will also reflect these expectations in our Human Rights Standards;.."
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "Our progress in 2019 and focus for 2020 This year we have focused on improving our human rights performance in: • our lending policies, which now require our customers to have grievance mechanisms in place, especially for large infrastructure projects; ..."; "We have strengthened our Policy in several areas, including: - an expectation that customers maintain appropriate grievance mechanisms in line with the United Nations Guiding Principles for Business and Human Rights, especially relevant for large projects, eg. mining or others with significant community impacts (land acquisition for soft commodities such as palm oil and sugar). We will also reflect these expectations in our Human Rights Standards;.."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Our progress in 2019 and focus for 2020 This year we have focused on improving our human rights performance in: • our lending policies, which now require our customers to have grievance mechanisms in place, especially for large infrastructure projects; ..."; "We have strengthened our Policy in several areas, including: - an expectation that customers maintain appropriate grievance mechanisms in line with the United Nations Guiding Principles for Business and Human Rights, especially relevant for large projects, eg. mining or others with significant community impacts (land acquisition for soft commodities such as palm oil and sugar). We will also reflect these expectations in our Human Rights Standards;.."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Our progress in 2019 and focus for 2020 This year we have focused on improving our human rights performance in: • our lending policies, which now require our customers to have grievance mechanisms in place, especially for large infrastructure projects; ..."; "We have strengthened our Policy in several areas, including: - an expectation that customers maintain appropriate grievance mechanisms in line with the United Nations Guiding Principles for Business and Human Rights, especially relevant for large projects, eg. mining or others with significant community impacts (land acquisition for soft commodities such as palm oil and sugar). We will also reflect these expectations in our Human Rights Standards;.."
          • Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            "Our progress in 2019 and focus for 2020 This year we have focused on improving our human rights performance in: • our lending policies, which now require our customers to have grievance mechanisms in place, especially for large infrastructure projects; ..."; "We have strengthened our Policy in several areas, including: - an expectation that customers maintain appropriate grievance mechanisms in line with the United Nations Guiding Principles for Business and Human Rights, especially relevant for large projects, eg. mining or others with significant community impacts (land acquisition for soft commodities such as palm oil and sugar). We will also reflect these expectations in our Human Rights Standards;.."
        • Company must respect labour rights
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must address gender equality issues
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must resolve land conflicts
          0/1.6
          • Commitment details
            No
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Reporting and Implementation
        4/31
        • Commitments must be timebound
          No
          0/5
        • Companies must disclose subsidiaries in commodity supply chains
          No
          0/4
        • Companies must disclose locations
          No
          0/4
        • Policy is reviewed and updated
          Timeline for review unclear or review conducted less frequently than annually
          1/2
          Policy is reviewed and updated
          Timeline for review unclear or review conducted less frequently than annually
          1/2
          "This year we reviewed our Policy to ensure that it appropriately reflects emerging issues and leading practices, focusing on a number of priority issues and sectors, ie grievance mechanisms, palm oil financing, and measures to reduce carbon emissions in the energy, transport, building and agricultural sectors."
        • Monitoring and non-compliance process
          No
          0/5
        • Engagement with non-compliant companies
          Engage with non-compliant companies without a time-bound threat of divestment
          2.5/5
          Engagement with non-compliant companies
          Engage with non-compliant companies without a time-bound threat of divestment
          2.5/5
          "Policy Deviations – If ANZ becomes aware that a client is operating outside the requirements of this policy, we may engage with the client, relevant stakeholders and appropriate authorities to clarify and resolve the situation to ANZ’s satisfaction. In a situation where a client is operating outside the requirements of this policy and unable to demonstrate a commitment to continuous improvement, ANZ may consider discontinuing the business relationship."
        • Reporting on implementation of the policy
          No
          0/6
        • Ethical product in portfolio
          No
    • Timber, Pulp & Paper
      27/90
      • Commitment Strength
        14/31
        • Commodity-specific deforestation financing policy
          5.4/9.6
          • Commitment details
            Certification
            4/8
            Commitment details
            Certification
            4/8
            "ANZ acknowledges the socio-economic value of the forest industries and is committed to supporting businesses in their efforts to meet customer demands for responsibly produced timber and associated products. There is no one globally accepted standard of sustainable forest management yet there is a growing requirement from the users of forest products for greater assurance that timber-based products are sourced from well managed forests. Forest management certification has emerged as a widely accepted assurance process to confirm operating practices are consistent with a recognized forest management standard. "
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
          • Policy applies to all deals
            All financing
            0.4/0.4
          • Policy applies to all companies
            All financing
            0.4/0.4
          • Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
        • Companies must be legally operated
          2.9/4.6
          • Commitment details
            Companies own operations - Required
            1.5/3
            Commitment details
            Companies own operations - Required
            1.5/3
            "Exclusion zones – ANZ will not knowingly support client activities which impact on the following areas and circumstances; World Heritage Areas , designated national parks and conservation areas8 , activities that threaten species listed in CITES9 or relevant national legislation, activities that result in the broad-scale conversion of Critical Habitat10 and High Conservation Value Areas, and/or activities which are illegal and which threaten established traditional rights."
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "Exclusion zones – ANZ will not knowingly support client activities which impact on the following areas and circumstances; World Heritage Areas , designated national parks and conservation areas8 , activities that threaten species listed in CITES9 or relevant national legislation, activities that result in the broad-scale conversion of Critical Habitat10 and High Conservation Value Areas, and/or activities which are illegal and which threaten established traditional rights."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Exclusion zones – ANZ will not knowingly support client activities which impact on the following areas and circumstances; World Heritage Areas , designated national parks and conservation areas8 , activities that threaten species listed in CITES9 or relevant national legislation, activities that result in the broad-scale conversion of Critical Habitat10 and High Conservation Value Areas, and/or activities which are illegal and which threaten established traditional rights."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Exclusion zones – ANZ will not knowingly support client activities which impact on the following areas and circumstances; World Heritage Areas , designated national parks and conservation areas8 , activities that threaten species listed in CITES9 or relevant national legislation, activities that result in the broad-scale conversion of Critical Habitat10 and High Conservation Value Areas, and/or activities which are illegal and which threaten established traditional rights."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders
            0.2/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders
            0.2/0.4
            "The standards contained in this policy are directly applicable to all ANZ financial products and services that involve material exposures to client activities in forests5 and which potentially impact on biodiversity6 . This includes but is not limited to: native forest management; plantation establishment and management (including palm oil and rubber); timber harvesting and down-stream processing; forest and timber products trading; the conversion of forests to plantations and other land uses; and activities carried out by ANZ clients in forests that have significant impacts on the environment and biodiversity. "
        • Companies must monitor operations
          5.4/5.6
          • Commitment details
            Required
            4/4
            Commitment details
            Required
            4/4
            Type of policy: Assurance mechanism
            "ANZ requires independent specialist or verifier statements to provide assurance ofperformance requirements or certification. ANZ does not endorse any one certificationscheme but seeks those that demonstrate international good practice."
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "Our Forestry and Forests policy provides a framework comparable with internationally recognised certification schemes such as those endorsed under the Programme for Endorsement of Forest Certification (for example the Australian Forest Certification Scheme) and Forest Stewardship Council accredited schemes. ANZ requires independent specialist or verifier statements to provide assurance of performance requirements or certification. ANZ does not endorse any one certification scheme but seeks those that demonstrate international good practice."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Our Forestry and Forests policy provides a framework comparable with internationally recognised certification schemes such as those endorsed under the Programme for Endorsement of Forest Certification (for example the Australian Forest Certification Scheme) and Forest Stewardship Council accredited schemes. ANZ requires independent specialist or verifier statements to provide assurance of performance requirements or certification. ANZ does not endorse any one certification scheme but seeks those that demonstrate international good practice."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Our Forestry and Forests policy provides a framework comparable with internationally recognised certification schemes such as those endorsed under the Programme for Endorsement of Forest Certification (for example the Australian Forest Certification Scheme) and Forest Stewardship Council accredited schemes. ANZ requires independent specialist or verifier statements to provide assurance of performance requirements or certification. ANZ does not endorse any one certification scheme but seeks those that demonstrate international good practice."
          • Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            "Our Forestry and Forests policy provides a framework comparable with internationally recognised certification schemes such as those endorsed under the Programme for Endorsement of Forest Certification (for example the Australian Forest Certification Scheme) and Forest Stewardship Council accredited schemes. ANZ requires independent specialist or verifier statements to provide assurance of performance requirements or certification. ANZ does not endorse any one certification scheme but seeks those that demonstrate international good practice."
        • Companies must conduct risk assessments
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must specify a cut-off date
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Social Considerations
        10/27
        • Company must ensure Free, Prior and Informed Consent
          5.4/5.6
          • Commitment details
            Required
            4/4
            Commitment details
            Required
            4/4
             "We will not tolerate land acquisitions by our customers that we consider to be improper, including [...] where the land acquisition process followed is not consistent with the Equator Principles and IFC Performance Standards, including the right to free, prior and informed consent."
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "For project finance and project-related corporate loans1 , ANZ applies the Equator Principles. This includes Principle 5, which requires customers to demonstrate effective stakeholder engagement with affected communities in a structured and culturally appropriate manner. Projects with adverse impacts on indigenous people require their free, prior and informed consent (FPIC), consistent with the special circumstances described in the International Finance Corporation (IFC) Performance Standard [...] We will not tolerate land acquisitions by our customers that we consider to be improper, including those: 1. that are illegal under local laws (such as acquisitions obtained by inappropriate force, or that deny normal or customary access to landholders or land users) 2. where our customers do not follow land acquisition or involuntary resettlement processes in line with international standards, such as the IFC Performance Standards 3. that are subject to the Equator Principles, and where the land acquisition process followed is not consistent with the Equator Principles and IFC Performance Standards, including the right to free, prior and informed consent where it applies."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "For project finance and project-related corporate loans1 , ANZ applies the Equator Principles. This includes Principle 5, which requires customers to demonstrate effective stakeholder engagement with affected communities in a structured and culturally appropriate manner. Projects with adverse impacts on indigenous people require their free, prior and informed consent (FPIC), consistent with the special circumstances described in the International Finance Corporation (IFC) Performance Standard [...] We will not tolerate land acquisitions by our customers that we consider to be improper, including those: 1. that are illegal under local laws (such as acquisitions obtained by inappropriate force, or that deny normal or customary access to landholders or land users) 2. where our customers do not follow land acquisition or involuntary resettlement processes in line with international standards, such as the IFC Performance Standards 3. that are subject to the Equator Principles, and where the land acquisition process followed is not consistent with the Equator Principles and IFC Performance Standards, including the right to free, prior and informed consent where it applies."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "For project finance and project-related corporate loans1 , ANZ applies the Equator Principles. This includes Principle 5, which requires customers to demonstrate effective stakeholder engagement with affected communities in a structured and culturally appropriate manner. Projects with adverse impacts on indigenous people require their free, prior and informed consent (FPIC), consistent with the special circumstances described in the International Finance Corporation (IFC) Performance Standard [...] We will not tolerate land acquisitions by our customers that we consider to be improper, including those: 1. that are illegal under local laws (such as acquisitions obtained by inappropriate force, or that deny normal or customary access to landholders or land users) 2. where our customers do not follow land acquisition or involuntary resettlement processes in line with international standards, such as the IFC Performance Standards 3. that are subject to the Equator Principles, and where the land acquisition process followed is not consistent with the Equator Principles and IFC Performance Standards, including the right to free, prior and informed consent where it applies."
          • Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            "For project finance and project-related corporate loans1 , ANZ applies the Equator Principles. This includes Principle 5, which requires customers to demonstrate effective stakeholder engagement with affected communities in a structured and culturally appropriate manner. Projects with adverse impacts on indigenous people require their free, prior and informed consent (FPIC), consistent with the special circumstances described in the International Finance Corporation (IFC) Performance Standard [...] We will not tolerate land acquisitions by our customers that we consider to be improper, including those: 1. that are illegal under local laws (such as acquisitions obtained by inappropriate force, or that deny normal or customary access to landholders or land users) 2. where our customers do not follow land acquisition or involuntary resettlement processes in line with international standards, such as the IFC Performance Standards 3. that are subject to the Equator Principles, and where the land acquisition process followed is not consistent with the Equator Principles and IFC Performance Standards, including the right to free, prior and informed consent where it applies."
        • Companies must have a grievance mechanism
          5.4/5.6
          • Commitment details
            Required
            4/4
            Commitment details
            Required
            4/4
            "Our progress in 2019 and focus for 2020 This year we have focused on improving our human rights performance in: • our lending policies, which now require our customers to have grievance mechanisms in place, especially for large infrastructure projects; ..."; "We have strengthened our Policy in several areas, including: - an expectation that customers maintain appropriate grievance mechanisms in line with the United Nations Guiding Principles for Business and Human Rights, especially relevant for large projects, eg. mining or others with significant community impacts (land acquisition for soft commodities such as palm oil and sugar). We will also reflect these expectations in our Human Rights Standards;.."
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "Our progress in 2019 and focus for 2020 This year we have focused on improving our human rights performance in: • our lending policies, which now require our customers to have grievance mechanisms in place, especially for large infrastructure projects; ..."; "We have strengthened our Policy in several areas, including: - an expectation that customers maintain appropriate grievance mechanisms in line with the United Nations Guiding Principles for Business and Human Rights, especially relevant for large projects, eg. mining or others with significant community impacts (land acquisition for soft commodities such as palm oil and sugar). We will also reflect these expectations in our Human Rights Standards;.."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Our progress in 2019 and focus for 2020 This year we have focused on improving our human rights performance in: • our lending policies, which now require our customers to have grievance mechanisms in place, especially for large infrastructure projects; ..."; "We have strengthened our Policy in several areas, including: - an expectation that customers maintain appropriate grievance mechanisms in line with the United Nations Guiding Principles for Business and Human Rights, especially relevant for large projects, eg. mining or others with significant community impacts (land acquisition for soft commodities such as palm oil and sugar). We will also reflect these expectations in our Human Rights Standards;.."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Our progress in 2019 and focus for 2020 This year we have focused on improving our human rights performance in: • our lending policies, which now require our customers to have grievance mechanisms in place, especially for large infrastructure projects; ..."; "We have strengthened our Policy in several areas, including: - an expectation that customers maintain appropriate grievance mechanisms in line with the United Nations Guiding Principles for Business and Human Rights, especially relevant for large projects, eg. mining or others with significant community impacts (land acquisition for soft commodities such as palm oil and sugar). We will also reflect these expectations in our Human Rights Standards;.."
          • Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            "Our progress in 2019 and focus for 2020 This year we have focused on improving our human rights performance in: • our lending policies, which now require our customers to have grievance mechanisms in place, especially for large infrastructure projects; ..."; "We have strengthened our Policy in several areas, including: - an expectation that customers maintain appropriate grievance mechanisms in line with the United Nations Guiding Principles for Business and Human Rights, especially relevant for large projects, eg. mining or others with significant community impacts (land acquisition for soft commodities such as palm oil and sugar). We will also reflect these expectations in our Human Rights Standards;.."
        • Company must respect labour rights
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must address gender equality issues
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must resolve land conflicts
          0/1.6
          • Commitment details
            No
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Reporting and Implementation
        4/31
        • Commitments must be timebound
          No
          0/5
        • Companies must disclose subsidiaries in commodity supply chains
          No
          0/4
        • Companies must disclose locations
          No
          0/4
        • Policy is reviewed and updated
          Timeline for review unclear or review conducted less frequently than annually
          1/2
          Policy is reviewed and updated
          Timeline for review unclear or review conducted less frequently than annually
          1/2
          "This year we reviewed our Policy to ensure that it appropriately reflects emerging issues and leading practices, focusing on a number of priority issues and sectors, ie grievance mechanisms, palm oil financing, and measures to reduce carbon emissions in the energy, transport, building and agricultural sectors."
        • Monitoring and non-compliance process
          No
          0/5
        • Engagement with non-compliant companies
          Engage with non-compliant companies without a time-bound threat of divestment
          2.5/5
          Engagement with non-compliant companies
          Engage with non-compliant companies without a time-bound threat of divestment
          2.5/5
          "Policy Deviations – If ANZ becomes aware that a client is operating outside the requirements of this policy, we may engage with the client, relevant stakeholders and appropriate authorities to clarify and resolve the situation to ANZ’s satisfaction. In a situation where a client is operating outside the requirements of this policy and unable to demonstrate a commitment to continuous improvement, ANZ may consider discontinuing the business relationship."
        • Reporting on implementation of the policy
          No
          0/6
        • Ethical product in portfolio
          No
  • Commitment strength
    9/31
    Avg. score
  • Reporting and Implementation
    5/31
    Avg. score
  • Social considerations
    10/28
    Avg. score

Profile

ANZ are an international bank headquartered in Australia providing services to private, retail, small business and corporate clients. Their services include pensions, insurance, investments, corporate finance, financial market products and retail banking. As of 2017, ANZ's total assets amount to approximately 890 billion AUD with net loans and advances of more than 580 billion AUD. They are among the top lenders to Forest 500 companies, with loans predominantly in the packaged foods and agricultural commodities sectors.

HQ
HQ 
Australia
Financial institution type
Financial institution type 
Bank

How we assess the Forest 500

Investors and lenders need to adopt and implement strong deforestation policies that ensure their investments are not funding the destruction of forests.

All assessments use policies published on financial institution websites, some links may have changed or been removed since the time of assessment.

Disclaimer

This assessment has been carried out following the methodology developed for the Forest 500 project, available here. Please see our disclaimer applicable to all information contained within this site and our terms and conditions for use of data presented on this site.

All assessments use policies published on company and financial institution websites, and while we endeavor to keep them updated some links may have changed or been removed since the time of assessment.

Please contact us with any concerns or feedback about this or other assessments included in the Forest 500.