Westpac Banking Corp 2018 IR
The report highlights Westpac Group's performance and sustainability progress during the 2018 financial year. Despite a challenging regulatory environment and flat cash earnings of 8,065 million AUD, the company strengthened its balance sheet, maintaining a common equity tier 1 capital ratio of 10.6%. In sustainability, Westpac committed 9.1 billion AUD to climate change solutions, aligned its disclosures with the TCFD recommendations, and maintained 50% women in leadership roles. Additionally, the company established a new Customer and Corporate Relations Division to improve complaints handling and support vulnerable customers.
Company: Westpac Banking Corp
Sector: Financials
Country: Australia
Year: 2018
Type: IR
Pages: 44
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Westpac Banking Corp
Annual Review And Sustainability Report
The report highlights Westpac Group's performance and sustainability progress during the 2018 financial year. Despite a challenging regulatory environment and flat cash earnings of 8,065 million AUD, the company strengthened its balance sheet, maintaining a common equity tier 1 capital ratio of 10.6%. In sustainability, Westpac committed 9.1 billion AUD to climate change solutions, aligned its disclosures with the TCFD recommendations, and maintained 50% women in leadership roles. Additionally, the company established a new Customer and Corporate Relations Division to improve complaints handling and support vulnerable customers.
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Document Details
Report Year
2018
Reporting Period
Oct 1, 2017 - Sep 30, 2018
Fiscal Year
2018
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 3:
Women on Board
Women in Management
Employees