OECD - The Organisation for Economic Co-operation and Development
On 30 January 2020, Friends of the Earth, an NGO, and three individuals (Egan, Dodds and Simons) submitted a specific instance to the Australian NCP concerning the ANZ Banking Group. The submitters allege that ANZ’s lack of full disclosure about its climate change impacts prevent consumers from making informed decisions whether or not to engage with the bank.
Scenario: Improper Business Practice / Bank Sustainability MisrepresentationTo read more operational risk news, register for free on MSTAR Platform.
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