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ANZ is a top four Australian bank with operations across Australia and New Zealand and throughout Asia and the Pacific. It is also the largest Australian Institutional bank with clients across these countries and a range of industries.

 

ANZ aims to work with corporate customers to ensure they manage their social or environmental risk appropriately. This includes screening prospective clients at the point of on-boarding but also conducting annual reviews of their operations.

 

The bank also continually monitors for developments to ensure they quickly identify issues and are able to work closely with the client to mitigate any risks that arise.

 

The primary source of information they use to do this is SourceAsia’s InvestAssure database which monitors for social or environmental incidents or allegations across Asia and the Pacific.

 

ANZ chose InvestAssure because of its clear Asian and Pacific focus which includes monitoring in English, Mandarin, Japanese and a range of other languages.  It also monitors a greater number of sources than its competitors.

 

The InvestAssure data is used to inform ANZ’s relationship managers that an issue has arisen with their client.  Depending on the severity of the allegation ANZ may choose to raise it directly with the client to enable them to work to manage the issue.

InvestAssure—ANZ Bank

InvestAssure monitoring ANZ Clients

SourceAsia were contracted to use InvestAssure to monitor ANZ’s clients for environmental, ethical and social incidents and allegations across Asia.

SourceAsia and CSR China can provide customized web monitoring of the companies in your investment portfolio or supply chain.

We use intelligent web search software to identify news reports from hundreds of key web sites and blogs in English, Chinese and Japanese. These reports are assessed for significance by topic experts and verified by our local research networks.

We maintain summaries of the reports on a dedicated database available for analysis, e-alerts and periodic reporting to meet your assurance needs.

InvestAssure is an ethical radar, a leading edge service to detect allegations of unethical practices, environmental damage, human rights violations and poor treatment of workers.