ANZ has released its new climate change policy that will see the bank take steps away from financing thermal coal and towards supporting the transition to a net zero emissions economy by 2050.
Key points:
- ANZ now joins a list of private companies ahead of the Federal Government in long-term climate policy
- The plan will include putting pressure on companies to build offices with five-star energy ratings
- However, the plan has been criticised as not going far enough
The policy, which comes as the bank also reported an unaudited full-year net profit drop of 40 per cent, commits the bank to exit…
