ANZ Royal Bank controversies

Phnom Penh Sugar financing and community displacement controversy

ANZ Royal Bank was criticized after financing connected to Phnom Penh Sugar was linked in reporting to allegations of child labour and forced evictions. The bank said it would engage with the case and review the company's social and environmental performance. Although it later stopped funding the plantation, affected farmers and advocates said the bank should help remedy community harms. A petition and later protests kept the issue active, while the bank declined to provide the form of assistance sought by affected communities.