2008-2009 ENVIRONMENT GOALS
- Achieve a 5% reduction per FTE in electricity and water consumption
- Achieve a 10% reduction per FTE in paper purchasing & waste to landfill
- Become Carbon Neutral in Australia and New Zealand by the end of 2009
PERFORMANCE ON OUR TWO-YEAR GOALS
| Electricity | Favourable |
| Paper | Favourable |
| Water | Unfavourable |
| Waste and recycling | Favourable |
| Greenhouse gas emissions | Favourable |
ANZ is focused on minimising its environmental footprint and has committed to become Carbon Neutral in Australia and New Zealand by the end of 2009.
- We met or exceeded our 5% reduction target on greenhouse gas emissions, electricity, paper comsumption and waste. We did not meet our water reduction target.
- New detailed sustainable sourcing standards covering office paper and printed materials were introduced to support our Sustainable Procurement Policy. The standards help us to ensure environmental and social considerations are taken into account in our purchasing decisions.
- 170 suppliers have completed our supplier self-assessment tool (an increase of 70 from the previous year) and 90% of tenders for ANZ goods and services have included sustainability criteria.
- Since we adopted the Equator Principles in December 2006, we have reviewed 26 projects for social and environmental impact under the Principles and financed 16. Projects did not proceed for a range of reasons, including their inability to meet the Principles. Equator Principles training has been provided to 50% of our Project Finance staff.