- Tuesday, 09 September 2008 | Julie May
ANZ achieved a rating of 89 per cent, a score 37 per cent higher than the sector average for banks worldwide, an ANZ spokesperson said.
"This independent assessment, against more than 100 banks globally, shows that while we are managing some difficult issues, the fundamentals of our business remain strong," ANZ chief executive Mike Smith said.
ANZ is now looking at ways to adapt some of its successful corporate responsibility initiatives to its operations in the Asia Pacific, as it aims to become a more significant regional financial services institution, Smith said.
Prior to ANZ taking the title for the first time last year, Westpac bank held the title for five consecutive years.
Since 1999, the DJSI has assessed the top 10 per cent of the largest 2500 companies in the Dow Jones World Index.
The annual DJSI review is based on analysis of corporate, economic, environmental and social performance, assessing factors such as corporate governance, risk management, branding, climate change mitigation and supply chain standards.
Latest from InvestorWeekly
- Post-trade security JV launched
- Nikko AM restructures multi-asset teams
- First State Super adds MSCI platform
- Henderson launches fixed interest fund
- Asset managers facing operational pressures
- Perpetual expands trustee services in Singapore
- Christian super funds merge
- Funds management mergers tipped to continue
- AMG acquires River Road Asset Management
- Aus Unity fund acquires option for green office building
- Creating super fund alpha
- Retirement income innovation must be inclusive
- Weighing up default fund insurance
- Don’t neglect developed markets
- Hunting for ‘preferred infrastructure’
- Westfield: a failure of engagement
- Can Europe avoid Japan’s fate?
- Cleaning up with clean technology
- Obsession with fees hurting retirees
- Do we need independent directors?
- Cuscal appoints CFO
- Bravura expands strategy director’s role
- Sunsuper expands investment team
- BNP Paribas appoints head of Hong Kong
- AUSCOAL Super appoints CFO
- Towers Watson names global manager research head
- ICG appoints managing director
- Former Treasury adviser to join ASFA
- State Street appoints head of alternatives
- Mercer strengthens infrastructure team