ANZ 2022 Full Year Debt Investor Presentation slide image

ANZ 2022 Full Year Debt Investor Presentation

ANZ 2022 Full Year Debt Investor Presentation CUSTOMER ENGAGEMENT TO SUPPORT EMISSIONS REDUCTIONS 100 of our largest emitting business customers Engaging with 100 of our largest emitting business customers, supporting them to establish or strengthen transition plans These customers produced >150 million tonnes of direct (Scope 1) CO2 emissions during 2019-20 for their Australian-based operations. This is ~ 30% of the national total for Australia We consider three key elements constitute a robust low carbon transition plan: governance, targets and disclosures (preferably aligned with the Taskforce on Climate-related Financial Disclosures) We are seeing good progress: customers have improved their governance, strategies and targets or disclosures • • Many customers have clearly demonstrated their intention to develop Paris-aligned or science-based targets As part of our engagement we expect more customers to make substantive progress towards their targets and improve their plans We are also encouraging them to establish or strengthen their approach to biodiversity through effective Board governance, policies, strategies and disclosures using recognised indicators or metrics 100 of our largest emitters - by category 100 of our largest emitters¹ - by sector % based on Exposure at Default 38 36 Customer transition plans in 2022 were grouped into levels of maturity 27 23 15 27 22 Manufacturing² (A) ADVANCED ~25% ~30% (B) DEVELOPING/INTERMEDIATE 11 (C) UNDERDEVELOPED/STARTING OUT ~10% Resources (Mining)³ Electricity Gas & Water Supply Transport and Storage Other4 (D) NO PUBLIC PLANS ~20% ~15% ~60% NZ/INTERNATIONAL A B C D ~40% DOMESTIC Sep-21 Sep-22 1. Data as at September 2021 2. Includes steel, aluminium 3. Includes coal, oil and gas 4. Includes education, telecommunications, waste management, healthcare facilities and accommodation 43
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