Annual Report

Overview

The report describes Westpac's 2022 progress on climate action, including joining the Net-Zero Banking Alliance and setting 2030 financed-emissions targets for five lending sectors. It reports operational Scope 1 and 2 emissions 70% below the 2016 baseline and non-financed Scope 3 supply-chain emissions 29% below baseline. The report also details Board oversight of sustainability and a broad sustainability governance structure.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2022
Period: 1 October 2021 – 30 September 2022
Publication date: 6 November 2022
Language: English
Pages
File size
Restatement: Disclosed

Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Ratings

GRI level

Materiality

Assessment
Basis

Assurance

Provider
Scope
Statement included
Metrics assured

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