Westpac Banking Corp 2010 IR
The report highlights the financial and sustainability performance of The Westpac Group for the fiscal year 2010. The company achieved a net profit of $6,346 million, up 84% from the previous year, and cash earnings of $5,879 million. Key sustainability achievements include a 4% reduction in Scope 1 and 2 greenhouse gas emissions against the 2008 baseline and a 24% reduction in paper consumption. The group also introduced an Environmental, Social and Governance (ESG) Risk Framework and Credit Policy to embed sustainability into its lending decisions. Additionally, Westpac committed to increasing the representation of women in senior leadership roles to 40% by 2014.
Company: Westpac Banking Corp
Sector: Financials
Country: Australia
Year: 2010
Type: IR
Pages: 27
Westpac Banking Corp
Annual Review And Sustainability Report
The report highlights the financial and sustainability performance of The Westpac Group for the fiscal year 2010. The company achieved a net profit of $6,346 million, up 84% from the previous year, and cash earnings of $5,879 million. Key sustainability achievements include a 4% reduction in Scope 1 and 2 greenhouse gas emissions against the 2008 baseline and a 24% reduction in paper consumption. The group also introduced an Environmental, Social and Governance (ESG) Risk Framework and Credit Policy to embed sustainability into its lending decisions. Additionally, Westpac committed to increasing the representation of women in senior leadership roles to 40% by 2014.
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Document Details
Report Year
2010
Reporting Period
Oct 1, 2009 - Sep 30, 2010
Fiscal Year
2010
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 3:
Women in Management
Employees