Westpac Banking Corp 2016 SR
The report highlights Westpac Group's progress in its fourth year of a five-year sustainability strategy, focusing on societal change, environmental solutions, and financial futures. Key achievements include reaching $6.2 billion in lending to the CleanTech sector and increasing women in leadership roles to 48%. The company issued a $500 million Climate Bond to fund renewable energy and low-carbon properties. Westpac also prioritized digital innovation, launching 188 new features to enhance customer experience while maintaining carbon neutrality. Furthermore, the group supported social enterprises, creating over 2,900 employment pathways for disadvantaged Australians.
Company: Westpac Banking Corp
Sector: Financials
Country: Australia
Year: 2016
Type: SR
Pages: 112
Westpac Banking Corp
Sustainability Performance Report
The report highlights Westpac Group's progress in its fourth year of a five-year sustainability strategy, focusing on societal change, environmental solutions, and financial futures. Key achievements include reaching $6.2 billion in lending to the CleanTech sector and increasing women in leadership roles to 48%. The company issued a $500 million Climate Bond to fund renewable energy and low-carbon properties. Westpac also prioritized digital innovation, launching 188 new features to enhance customer experience while maintaining carbon neutrality. Furthermore, the group supported social enterprises, creating over 2,900 employment pathways for disadvantaged Australians.
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Document Details
Report Year
2016
Reporting Period
Oct 1, 2015 - Sep 30, 2016
Fiscal Year
2016
Published
Nov 7, 2016
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
Sustainable Development Goals
Other Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees