Westpac Banking Corp 2025 Sustainability Report
Company: Westpac Banking Corp
Sector: Finance & insurance
Country: Australia
Year: 2025
Type: Sustainability Report
Pages: 119
The report describes Westpac's FY25 climate progress, including a 22% reduction in operational Scope 1 and 2 emissions year over year and an 89% reduction from its 2021 baseline. It reports sourcing the equivalent of 100% renewable electricity for direct operations. For financed emissions, it estimates FY24 portfolio Scope 1 and 2 emissions at 31.6 MtCO2-e, up 21% from FY23, and sets out its climate transition work and 2030 targets.
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