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AAP
AAP
Tom Wark

Big four banks slammed for profiting from fossil fuels

The big four banks have provided $43.4 billion to coal, oil and gas companies, a report found. (Joel Carrett/AAP PHOTOS)

ANZ and Westpac are streaking ahead of the other big banks as go-to financiers for fossil fuel companies, a report has found.

More than 70 per cent of fossil fuel projects funded since 2022 were bankrolled by the two highlighted in the report by clean energy finance advocacy group Market Forces, who labelled ANZ and Westpac's current climate policies "greenwashing".

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