- 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
- US economy bounces back after a bad winter
- CFS enhances Essential Super
- Financial Synergy launches SuperStream platform
- WaveStone launches Aussie equities fund
- ANZ widens China Development Bank agreement
- Japan FTA to bolster financial services export: FSC
- Westpac establishes Shanghai sub-branch
- NAB invests in Misys trade finance platform
- NGS Super rebrands
- AMP Capital raises US$450m for infrastructure debt fund
- A weather forecast for 2014
- Is Asian turbulence a win for China?
- Why Detroit’s honest self-renewal is a lesson for Japan
- Volatility means opportunity for fixed-income investors
- US Fed likely to stick to existing policy
- Asian bonds offer value after Fed-induced sell-off
- Convertible bonds: solid foundations are needed when reaching for the upside
- ING DIRECT urges third parties to prepare for Basel changes
- A straight-forward channel
- Crystal balls and consistent returns
- ANZ appoints insto head of global banking
- Bank of New Zealand appoints CEO
- Praemium appoints director to board
- T. Rowe Price appoints insto sales manager
- Wilson HTM appoints managing director
- BTIM appoints non-executive director
- Westpac Institutional Bank adds to Asia Advisory Board
- ANZ CIO steps down
- Legg Mason appoints director of sales
- DST Global appoints solutions manager