- Category: Sustainable Brands
- Published: Monday, 21 December 2015 00:41
- Written by EcoKnights .
Westpac Group has a proud track record in sustainability, managing our environmental impacts for more than 20 years.
Our policies and frameworks
Climate Change and Environmental Position Statement & 2017 Action Plan
Climate Change & Environmental Position Statement & 2017 Action Plan (PDF 2.9mb)(Opens in new window) (released September 2014) Sets out our approach to managing environmental risk, community engagement and reporting on our sustainability performance and creating innovative customer solutions 2014-17.
- Climate Change Progress Report (PDF 6.35mb)(Opens in new window) (Released June 2014). Provides an update on our accomplishments and lessons learnt during the 5 years to 2014
- Climate Change position statement & 2009-13 Action Plan (PDF 419kb)(Opens in new window) (Released 2008).
Environmental Policy Statement
Our Environmental Policy Statement (PDF 72kb)(Opens in new window) covers the management of our ecological footprint, the measuring and reporting of our performance and the incorporation of environmental considerations into our risk management framework. Last updated February 2014.
Paper Purchasing Policy
Our Paper Purchasing Policy (PDF 76kb)(Opens in new window) puts our principles into practice by outlining the standards by which one of our core resources - paper, is sourced. It takes into consideration conservation of global resources and the standards of sustainable production we seek of paper providers to the Group.
Sustainability Risk Management Framework
Our major indirect environmental impacts occur through our everyday banking activities, which is why we factor environmental considerations into our investment and lending decisions through our Sustainability Risk Management Framework. Westpac was one of the founding signatories to the Equator Principles, which are focused on managing environmental and social risk in project finance.
More about our approach to assessing sustainable risks in lending.