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AAP
AAP
Kat Wong

Shareholder takes ANZ to court over climate risks

A shareholder has taken ANZ to court over a lack of clarity on the bank's risk management systems. (Diego Fedele/AAP PHOTOS)

In a world first move, an ANZ shareholder has taken the 'Big Four' bank to court over concerns it is failing to manage risks posed by climate change and biodiversity loss.

Catherine Rossiter filed an application in the Federal Court on Thursday for information on the bank's risk management systems due to a lack of clarity on the disclosures in ANZ's 2022 annual report.

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