2022 Approach to Climate Change Investor Reference Pack slide image

2022 Approach to Climate Change Investor Reference Pack

ANZ 2022 Approach to Climate Change Investor Reference Pack MORE FINANCE FOR CUSTOMERS ON THE RIGHT PATH Absolute emissions and emissions intensity targets set our pathways • Our pathways set our strategy and course out to net zero by 2050 and use credible decarbonisation scenarios • The pathways allow us to: o Determine how each sector is performing against a Paris-aligned path Better pinpoint and manage customers that may be more exposed to transition risks; and help them to capture the growing opportunities that come with the transition 。 Assess the speed and extent to which we are transitioning our exposure to key sectors o Provide transparency about how our financing is aligned with climate scenarios We will use these pathways to steer our lending decisions in line with the Paris Agreement goals • We expect the transition is likely to be uneven - and there will be challenges in some sectors more than others 0
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