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Climate change protests have closed ANZ’s office in Adelaide city over what they called the bank’s “reckless” investment in fossil fuel companies. Extinction Rebellion activists held banners outside the office on King William St and some used empty buckets to pound a drum beat. While the protest was peaceful, ANZ said the office would remain closed until the protesters leave.
CBA loaned the least amount, $271 million, of the big four banks. An ANZ spokesperson told 7NEWS.com.au on Tuesday, the bank was “not surprised to be mentioned, given we are the largest domestic lender to Australia’s energy sector”. “It’s important to remember this is the most carbon intensive part of our economy, and financing its transition to net-zero will require significant capital.
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