Westpac Banking Corp 2025 Sustainability Report
Company: Westpac Banking Corp
Sector: Finance & insurance
Country: Australia
Year: 2025
Type: Sustainability Report
Pages: 120
The report describes Westpac's FY25 climate strategy, including a 22% reduction in operational Scope 1 and 2 emissions, continued sourcing of the equivalent of 100% renewable electricity, and 2030 targets to reduce Scope 1 and 2 emissions by 76% and upstream Scope 3 emissions by 50%. It also reports FY24 financed emissions of 31.6 MtCO2-e and explains the Group's climate-risk governance, transition planning and scenario analysis. KPMG provided reasonable assurance over operational GHG emissions and limited assurance over selected climate-related disclosures.
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