According to the report of Dow Jones Sustainability Index, ANZ’s sustainable business practices, exceptional risk and crisis management procedures and its strong focus on sustainable investment products as key factors for its leading position in the banking supersector.
Other key points highlighted in the report include, the introduction of a new financial inclusion strategy, ANZ’s clear strategy to reduce its long-term environmental footprint as well as transparently communicating its targets and progress and its commitment to diversity.
“Across the bank we have worked hard to improve our performance through initiatives such as our target to increase the finance we provide to the renewables sector or through the work we’ve done to improve financial literacy in underserved communities in the Pacific. “We recognise there is still plenty to be done but we’re making good progress and we’re pleased to be recognised for our achievements to date,” said ANZ chief executive officer Mike Smith.
DJSI is the most widely accepted global assessment of how companies approach their social,
economic and environmental responsibilities.It assesses business management practices such as corporate governance, risk management, customer relations, brand management, human resources, corporate community investment, climate change mitigation and environmental performance.
What the stars mean:
★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional