ANZ joined (28-Mar-2018) the Qantas Future Planet Partnership, a programme which partners with businesses to reduce their environmental impact and increase investment in projects such as the protection of wildlife habitats and rainforest preservation. The Qantas Future Planet has offset more than three million tonnes of carbon emissions over the past 10 years. Initial commitments under the ANZ partnership agreement include:
- Regular forums with government stakeholders, NGOs and Australian listed companies to explore how the UN's Sustainable Development Goals can help shape business strategy;
- ANZ to source a portion of its premium carbon offsets through Qantas. These projects have been verified to the highest international standards for emissions reductions, environmental outcomes and community benefits.
This partnership follows ANZ recently increasing its commitment to fund and facilitate low carbon and sustainable solutions, lifting its original target of AUD10 billion (USD7.7 billion) by 2020, to at least AUD15 billion (USD14.5 billion) by 2020. [more - original PR]