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ANZ shareholders to vote on climate finance resolution at December 2025 AGM

October 20, 2025 at 07:39 PM UTCBy FilingReader AI

Australia and New Zealand Banking Group (ANZ) announced a shareholder-requisitioned resolution regarding its approach to customer transition plans and climate commitments will be put to a vote at its annual general meeting on December 18, 2025. The resolution, filed under Section 249N of the Corporations Act 2001, seeks confirmation that any new or renewed finance extended to an institutional energy customer after the end of 2025 will be contingent on the bank determining that the customer's trajectory aligns with Paris Agreement climate goals.

The resolution references ANZ's existing commitments, including its support for the Paris Agreement's goal of net-zero emissions by 2050 and its dedication to improved transparency regarding its financing decisions. It also highlights ANZ's expectations for institutional energy customers to establish specific, time-bound, public, Paris-aligned transition plans and diversification strategies by the end of 2025.

ANZ confirmed that the full statement requisitioning the resolution, alongside the board's recommendation, will be distributed with the notice of annual general meeting. This resolution is conditional upon shareholder approval of the resolution to amend ANZ's Constitution, which was announced on October 17, 2025. Further relevant information will be disclosed in ANZ's end-of-year reporting and its 2025 Climate Report, available at anz.com/annualreport.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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