ANZ Group Holdings Ltd

Lobbying Transparency and Governance

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Direct Lobbying Transparency
Overall Assessment Comment Score
Moderate ANZ Group Holdings Ltd provides a moderate level of transparency around its climate-policy lobbying. It identifies two concrete policy processes it sought to influence—the “Aotearoa New Zealand Climate Standards” being developed by the New Zealand External Reporting Board and the government’s “Aotearoa New Zealand Emissions Reduction Plan” overseen by the Ministry for the Environment—showing it is clear about which pieces of legislation it engaged on. The bank also spells out how and to whom it lobbied, noting it was a “regular participant in External Reporting Board consultation on the development of the standards” and that it “participated in a written submission made by the NZ Bankers Association” to the Ministry, thereby revealing both direct and industry-association channels and naming the specific governmental bodies targeted. Finally, it states the outcomes it sought, declaring “support with no exceptions” for each of the two policies and confirming that its stance “is aligned” with the Paris Agreement, which makes its policy position and objective unambiguous even though it does not go into detail about specific amendments or targets. Together these disclosures give a clear, though not exhaustive, picture of the company’s climate-related lobbying activities. 2
Lobbying Governance
Overall Assessment Comment Score
Moderate ANZ Group Holdings Ltd. discloses a commitment to align its engagement with climate goals, stating it has a “public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement,” and reports that “we have begun a process of periodically reviewing our membership of key associations and will publicly disclose outcomes and any material change to our position.” This indicates a concrete mechanism for overseeing its indirect lobbying through trade associations. The company does not disclose how it governs direct lobbying activities or identify any individual or formal body responsible for reviewing its lobbying alignment, nor does it provide detailed procedures for monitoring or managing its policy engagement beyond the association reviews. 2