Financing sustainable goals
Sustainable finance innovation to support our customers’ transition
We’re providing finance to support a more sustainable future. Working with customers on innovative financing structures to help them to meet their sustainability goals, no matter where they are on their Environmental, Social and Governance (ESG) journey.
- Strategic support to customers looking to improve sustainability ambitions
- Connecting finance to improving sustainability
- Structuring Green, Transition, Social, Sustainability loans, bonds and deposits
- Tailoring solutions to support the transition to a more sustainable, resilient and inclusive future
Collaborating on next generation solutions
We’re helping customers build more sustainable business models. Our experts work collaboratively to understand your business and develop tailored transactions to support improved sustainability outcomes.
- We have proven experience in structuring deals with ambitious sustainability goals
- Providing specialist insights on the changing requirements of the sustainable finance market
Finding pathways, funding goals
Some of our pioneering transactions to date, include:
Innovative Sustainable Finance Loans and Bonds
- South Australian Government Financing Authority – Sustainability Bond Framework to support South Australia spending on services and infrastructure that drive positive environmental and social outcomes for the State
- New Zealand Local Government Funding Agency – Market leading Sustainable Financing Bond giving investors an opportunity to support councils to reduce emissions and fund sustainable assets
- Sydney Metro – a Green Loan to support the Sydney Metro-Western Sydney Airport SSTOM project, with an additional Sustainability-Linked Loan overlay during the construction phase
- Sustainable Farm Loans to supporting our Aotearoa/New Zealand agribusiness customers to advance sustainable agriculture
Sustainability-Linked Loans
- Flinders Port Holdings – an industry leading Sustainability Linked Loan tackling the pronounced gender disparity in the ports sector
- Australian Unity – inaugural wellbeing-based Sustainability-Linked Loan tied to delivering positive social impact
- North Queensland Airports – Innovative Sustainability-Linked Loan tied to biodiversity
Green, Social and Sustainability Bonds and Loans
- Australian Government – First Green Treasury Bond helping finance environmental projects to support the country’s transition towards a net-zero economy
- FleetPartners – First Green EV ABS issue by a fleet management organisation to achieved certification by the CBI in the Australian bond market
- Housing Australia – Sustainability Bond to support the delivery of modern and affordable homes accommodation
- New Zealand Debt Management – Inaugural Sovereign Green Bond issued in New Zealand
- NBN Co – Green bond to continue to support its commitment to energy efficiency and renewable energy
Sustainable finance insights on Westpac IQ
Sustainable Finance Market Update
In this quarter’s Sustainable Finance Market Update, we cover trends in sustainable debt issuance globally and in the Australian-New Zealand markets, as well as industry insights such as updates to the Green Star Performance for building sustainability and ASFI’s progress on the Australian Sustainable Finance Taxonomy.
Q2 2024 Sustainable Finance Market Update
In this quarter’s Sustainable Finance Market Update, we cover trends in sustainable debt issuance globally and in the Australian-New Zealand markets, as well as insights from Westpac and Economist Impact’s Financing for Sustainability Report on the Asia-Pacific sustainable finance market.
Growing the links in sustainable supply chains
How are organisations making their supply chains future-fit on the pathway to a more sustainable future? A recent Women in Sustainable Finance panel event at Westpac’s Melbourne HQ uncovered some innovative ideas.
Things you should know
Westpac Institutional Bank is a division of Westpac Banking Corporation ABN 33 007 457 141 AFSL 233714. This information is correct as at 10 October 2024. This product is available only to wholesale clients within the meaning of s761G of the Corporations Act 2001. You should consider whether or not these products and services are appropriate for you. Terms and conditions apply. Westpac Institutional Bank’s financing exposures are not limited to green and sustainable financing. For more details of Westpac Institutional Bank’s financing exposures, please see our latest presentation and results (PDF 5MB). Copyright 2024 Westpac Banking Corporation.