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ANZ faces climate resolution ahead of 2025 AGM

October 20, 2025 at 10:05 AM UTCBy FilingReader AI

Australia and New Zealand Banking Group Limited (ANZ) announced a shareholder resolution for its Annual General Meeting (AGM) on December 18, 2025, concerning its approach to customer transition plans and climate commitments. The resolution requests that any new or renewed finance to institutional energy customers after the end of 2025 be contingent on ANZ determining that the customer is aligned with Paris Agreement climate goals.

The resolution cites ANZ’s long-standing support for the Paris Agreement’s net-zero emissions target by 2050 and commitment to improving transparency in its financing decisions. It also references ANZ’s expectation for institutional energy customers to establish specific, time-bound, public, Paris-aligned transition plans by the end of 2025. This resolution is conditional upon shareholder approval of an amendment to ANZ's Constitution, which was announced on October 17, 2025.

ANZ will disclose relevant information in its 2025 Climate Report, available at anz.com/annualreport prior to the AGM.

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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