As Sustainable Investment Sponsor for the Papua New Guinea Chamber of Resources and Energy (PNG CORE) Investment Week, ANZ recognises its role in fostering long-term sustainable development in PNG.
ANZ Country Head, Lachlan Halstead, said: “ANZ’s footprint and strong proposition across the region, coupled with our approach to environmental sustainability, is opening important dialogue with our customers and key stakeholders.”
“We hope that the conversations we have at PNG CORE Investment Week will promote investment and chart a path towards a more sustainable, resilient and inclusive PNG.”
“Sustainable investment is critical to PNG achieving its goals set out under the Nationally Determined Contribution, supporting PNG’s key commitments to mitigating, addressing the impacts of climate change and transitioning the economy toward its net zero objective,” Mr. Halstead said.
PNG CORE Conference Committee Chairman Mark McMonagle said: “We are pleased to have ANZ once again on board. This year’s sponsorship is a unique and innovative collaboration, built on values of economic empowerment, environmental stewardship, and social responsibility.”
ANZ is already exploring a range of opportunities to support its customers in PNG as they look to transition to net zero emissions.
“Through conversations with our customers, the ANZ team in PNG are promoting the importance of identifying climate and nature risks and opportunities, emission reduction target-setting, transparent reporting and transition planning,” Mr. Halstead said.
ANZ’s involvement in PNG Investment Week aims to highlight the bank’s network, capabilities and expertise in sustainable finance and link it to the opportunities and local initiatives in PNG.
ANZ will be exhibiting at PNG Investment Week during the Sydney Conference. ANZ invites stakeholders—investors, local businesses, and communities—to visit its exhibit at PNG Investment Week between the 6th – 11th of December 2024.