Queensland wants the 2032 Olympic Games to be the first ‘carbon-positive’ Olympics and this will drive further investment in renewable energy, sustainable transport, emissions reduction technology, social projects and housing.
ANZ plans to commit to $A10 billion to Queensland energy projects over the next decade, particularly those targeting bioenergy and hydrogen, to help fund the state’s clean energy transition.
This fits clearly with our strategy to be a key player in the region’s energy transition. We see a major opportunity in helping our corporate customers make the transition to net zero emissions by 2050.
We have a goal of providing $A50 billion in sustainable financing by 2025 and as of earlier this year we were about two thirds of the way towards that goal.
It will also be critical for us to continue to provide great service to Suncorp’s 1.2 million retail and commercial customers and deliver them new services and products.
We see a bright future for Queensland and for ANZ’s business here. And the addition of Suncorp Bank will help us deliver on our ambition to advance Queensland and the nation’s interests.
Jacqueline Auf der Maur is General Manager of Retail Banking, Queensland and the Northern Territory at ANZ