Pollination and ANZ announce strategic partnership to support net zero transition in Asia Pacific
ANZ will invest US$50 million for a minority equity stake in Pollination – a leading global climate change investment and advisory firm.
ANZ and Pollination today announced a new strategic partnership to deliver innovative solutions and opportunities for their customers, helping drive the transition to net zero and support biodiversity.
The partnership brings together ANZ’s market-leading Institutional Bank and strength across Asia Pacific with Pollination’s expertise in climate finance, asset management, carbon projects, and environmental sustainability-focused corporate advisory.
The partnership will focus on the transition needs of ANZ’s customers globally in the areas of Sustainable Finance, Project & Export Finance, Carbon Markets and Corporate Advisory, including mergers and acquisitions.
ANZ’s investment will significantly accelerate Pollination’s growth ambitions and extend the firm’s reach and impact. It follows Pollination’s recent SAFE round and is part of its Series B fundraise.
As part of the transaction, ANZ will gain a seat on Pollination’s Board. ANZ was advised by Ashurst and Pollination by Hamilton Locke and BDA Partners.
ANZ Group Executive Institutional Mark Whelan said: “We’re pleased to be partnering with a team that has strong climate finance and investment expertise, deep relationships and commercial momentum. These credentials, combined with ANZ’s long-standing leadership position in sustainable finance and debt capital markets, will bring significant opportunities for our customers.
“This partnership also underpins ANZ’s strategy to support customers in the transition to net zero, while helping cement our position as a leading Environmental Sustainability bank in the region.”
Co-founding Partner Pollination Martijn Wilder AM said: “Strategic partnerships are core to Pollination’s impact model – they extend our reach and scale far beyond what we could achieve alone. ANZ has a strong track record of delivering innovative sustainable finance products. With a presence in 14 markets across Asia, it has exceptional reach where investment in decarbonisation and nature is both critically important and a huge opportunity.
For media enquiries contact:
Pollination: Kate Rayson | +61 439 959 034 | Kate.Rayson@pollinationfoundation.org
ANZ Institutional: Elizabeth Rudall |+61 403 130 207 | Elizabeth.Rudall@anz.com
