WestPac Banking Corporation - Ranked 1st on Global 100 Index, 2014

wetpac

Environment



Our approach

Our approach

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.

Previous statements:

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.

Website: http://www.westpac.com.au/

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