ANZ has a climate problem. If ANZ is serious about its commitment to net zero emissions, it cannot keep lending to new or expanded coal, oil or gas projects, which are turbocharging the climate crisis. Yet since 2016, Market Forces research tells us, ANZ have loaned $2.5 billion to fossil fuel expansions. If built, these expansion projects would produce more than eight times Australia's entire domestic emissions.
Bushfires, drought – the climate crisis is here, now, and ANZ must do the right thing by all of us and shift the billions of dollars they are responsible for out of burning and digging fossil fuels like coal.
At this year's Annual General Meeting, it's time for ANZ to choose renewable energy, not more fossil fuels.
Add your name to the petition.
"As concerned citizens, customers, shareholders, and employees, we call on ANZ to stop financing the digging and burning of fossil fuels. The first steps are:
- divesting from thermal coal by 2030 or earlier;
- divesting from oil & gas in line with the Paris climate agreement;
- not investing in new or expansion coal, gas & oil projects;
Burning fossil fuels is the biggest driver of climate damage. We are concerned about the climate crisis and want action."
There is no excuse for ANZ not listening to the climate science. It’s screaming at the top of its voice that all fossil fuels have to remain in the ground. To continue funding fossil fuels with this knowledge will make you complicit in crimes against humanity.
As ANZ customer it is disappointing to see how far off they are from the commitment. If there’s no change in the near future i’ll look to open accounts with a more committed financial service.
Conscious money conscious spending
Please clean up your act.
Our children, think of our children
We need to stop gas and fossil fuel farming NOW. Change is needed, why not be BRAVE enough to make the change!
ANZ as part of a syndicate of Australian and offshore banks provided Woodside with $600 million in three-year money and another $600 million due in 5 years.
Thermal coal is ~0.02%
Oil & gas is ~0.05 and Renewables ~0.01% of total balance sheet of ANZ so there is plenty of investment opportunities in renewables area.
I feel sick. I’m a share holder and implicit in your destruction of the planet. Invest in good.