ANZ Chief Executive Officer Shayne Elliott said: “The banking industry is facing a number of significant challenges. Technology is redefining our business and customer expectations, with political, social and regulatory demands of banks changing rapidly. Left unmanaged, these challenges will restrict our ability to fulfil our core purpose in society – to shape a world where people and communities thrive.
“While acknowledging the challenges ahead of us, this report provides an opportunity to reflect on the positive contributions ANZ has made this year to the communities in which we operate,” said Mr Elliott.
Highlights of the review, which is released annually, include:
- A total of $89.9 million in community investment;
- $2.5 billion funded and facilitated in low carbon and sustainable solutions;
- Greenhouse gas emissions from ANZ’s financing of electricity generation (within and outside Australia) continued to decrease this year and is below relevant grid average;
- More than 420,900 people reached through ANZ’s financial literacy education program MoneyMinded since 2003 with 60,000 new participants in 2016;
- More than 113,000 hours volunteered by employees – equal to 14,125 working days;
- 336 people employed from under-represented groups, such as refugees and people with a disability; and
- The number of women in management roles increased from 40.4% at end 2014 to 41.5%.
To view a copy of the 2016 Corporate Sustainability Review visit anz.com/annualreport.