Sustainability @ ANZ

Updated sensitive sector policies guide responsible lending

Updated sensitive sector policies guide responsible business lending

We have strengthened the policies which guide our lending to customers in socially and environmentally sensitive industries.

Our sensitive sector policies apply wherever we operate and, together with our transaction screening processes and staff training, assist our people to make balanced and informed lending decisions.

All the policies have been tightened as part of the regular review. For example, an independent social and environment issues examination for large scale projects is now mandatory under our Hydropower policy. Our Energy and Extractives policies include new rules governing lending to coal mining, transport and coal-fired power stations.

The review process included benchmarking and engagement with customers and other external stakeholders, including NGOs and industry groups.