Environmental, social and governance (ESG)
Partners in building a sustainable future
Supporting our clients with credible and commercially viable transition plans.
Westpac's commitment to a sustainable future
Supporting a sustainable economic, social and environmental future for our customers and business.
Positions and perspectives
Our approach to managing sustainability risks and opportunities.
Net-Zero Banking Alliance
Our commitment to the global transition to a net-zero economy.
ESG Insights on Westpac IQ
ESG Impact: What you need to know - November/December 2024
Climate finance deals were high on the agenda at the global climate conference, COP29, held in November. Our final issue of Westpac IQ’s ESG Impact for the year explores some of the key outcomes from the two-week event, along with the latest on Australia’s increasing momentum in renewable energy, new policies and funding for road transport, plus the outcomes of two global nature and biodiversity summits, and more.
Understanding nature impact and dependencies may be easier than you think
Awareness of the economic value of nature for business is rising rapidly.
ESG Impact: What you need to know - October 2024
Welcome to your Westpac IQ monthly wrap on sustainable finance and ESG.Here’s the latest round-up of the standout ESG developments making the headlines, fromindustry highlights to policy updates. Why do they matter? What do they mean for you?
Sustainability news
Virescent fund aims to empower climate tech innovators
A new climate tech investment fund aims to support innovative startups such as Relectrify, which has a solution to boost the efficiency and longevity of battery energy storage systems.
Green bond lays platform for future success, says AOFM chief
The success of the Australian government’s first green bond means more are likely to follow in the years ahead.
Fishing business sets the standard with climate commitment
In 2016, Austral Fisheries took the bold step of going carbon neutral – not an easy task in an industry that relies on giant diesel-powered vessels. CEO David Carter talks about the inspiration behind the move.
Environmental news
Renewables giant has big plans in Australia
ACEN Australia has an ambitious pipeline of renewable energy projects across multiple technologies, positioning it to be a key player in the country’s clean energy transition.
Big battery seen a game-changer for NSW’s energy mix
An innovative battery energy storage system in southwest New South Wales is designed not only to back up variable wind and solar power, but also replicate the role of coal power stations in providing grid stability and strength.
Louis Vuitton’s unexpected move in Cape York not a one-off
Luxury brand Louis Vuitton’s move to team up with a conservation charity to help protect biodiversity in Cape York in Far North Queensland is part of a growing trend towards big companies supporting “nature-positive” solutions.
Things you should know
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.
Westpac Institutional Bank is a division of Westpac Banking Corporation ABN 33 007 457 141 AFSL 233714. This product is available only to wholesale clients within the meaning of s761G of the Corporations Act 2001. You should consider whether or not this product is appropriate for you. Terms and conditions apply. Copyright 2024 Westpac Banking Corporation.