Australian Housing Dynamics and Affordability slide image

Australian Housing Dynamics and Affordability

INDEPENDENT REVIEW SUSTAINALYTICS OPINION AND ERNST & YOUNG ASSURANCE ANZ retains a second party opinion from Sustainalytics¹ to confirm the alignment of the ANZ SDG Bond Framework with the GBPS, SBPS and relevant SDGs. "Overall, Sustainalytics is of the opinion that the ANZ SDG Bond Framework is credible and transparent as: (i) it aligns with the Sustainability Bond Guidelines 2018, (ii) it transparently links example projects and eligibility criteria, as well as assets to the SDGs, and (iii) ANZ commits to report transparently on social and environmental impact, and progress towards the SDGs annually throughout the term of the bond" Sustainalytics - This opinion is available on the ANZ Debt Investor Website ANZ has also obtained pre-issuance assurance from Ernst & Young ("EY") 2 to confirm that the proposed allocation of proceeds to Eligible Assets has been done in accordance with the ANZ SDG Bond Framework. ANZ will continue to obtain assurance on an annual basis. "Based on our reasonable assurance procedures, as described in this statement as of 01 November 2019, in our opinion ANZ's bond issuance process in relation to its Sustainable Development Goals (SDG) Bond meets the requirements of the Sustainability Bond Guidelines 2018 and associated Social Bond Principles 2018 and Green Bond Principles 2018, in all material respects" - EY These assurance statements are available on the ANZ Debt Investor Website 1. Currently, the provider of the Sustainalytics opinion is not subject to any specific regulatory or other regime or oversight and that opinion is provided for information purposes only and on a no liability basis. 2. The Ernst & Young Assurance is subject to the specific scope, limitations, assumptions and qualifications set out in it, including that Ernst & Young does not accept or assume any responsibility to any third parties ANZ 28
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