ANZ ranked ‘most sustainable bank’

(Source: ANZ)

ANZ has welcomed the announcement that it has been ranked the most sustainable bank globally in the 2012 Dow Jones Sustainability Index (DJSI) for the fifth time in six years.

ANZ chief executive, Mike Smith, said: “We’re pleased the efforts of our 48,000 people to improve our contribution to sustainability have been recognised by the world’s leading organisation for measuring sustainability performance.

“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.”

The report said: “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.”

Dow Jones Sustainability Index is the most widely-accepted global assessment of how companies approach their social, economic and environmental responsibilities.