Investor Presentaiton
Strengthening diversity and inclusion.
Building a workforce that reflects the diversity of our customers.
Sustainability
Targets
Gender Equality
Maintained 50% Women in Leadership1 for
6 consecutive years
In FY23, reporting will focus on women in
Senior Leadership which includes the
Executive Team, General Managers and their
direct reports (excluding administrative or
support roles)
FY22 progress:
44
% Females
Sep-22
Target
Target
met
Westpac Board
40
40:40:202
Executive Team
45
40:40:202
General Managers
39
40 +/-2%
Senior Leadership
48
50 +/-2%
Women in Leadership
50
50 +/-2%
Westpac workforce
55
50 +/-2%
Parental policy – increased paid parental leave
to 16 weeks and introduced special paid leave
and support for pregnancy loss
Diversity, Equity & Inclusion
Building a workforce where our people feel
valued, respected and safe
•
•
•
•
Group-wide inclusion and diversity survey
- 35% employees participated with 74%
employees reporting high levels of inclusivity
in the workplace
Cultural diversity leadership shadowing
program delivered with 150 mentoring
matches
#1 Employer for accessibility in Australian
Network on Disability's Access & Inclusion
Index
GLOBAL LGBTIQA+ Ally program launch
and renewed partnership with Out For
Australia
Defence Reserves Leave policy includes
leave for domestic emergencies and natural
disasters
• 10,000+ members in 10 Employee Action
Groups
Indigenous Representation
Focusing on Meaningful Careers
Third Elevate RAP³ released June 2022
(fifth RAP in total) - one of four focus areas
is Meaningful Careers
Indigenous Senior Leader appointments –
Director Indigenous Engagement & Strategy
to lead implementation of the RAP and
National Manager Indigenous Banking
focused on our offering to Indigenous
customers
43 internship and 72 traineeship
placements of Aboriginal and Torres Strait
Islander people in FY22
Aiming to increase % representation of
employees who self identify as Aboriginal and
Torres Strait Islander. Target of 1.5% by
September 2025
Development and mentoring initiatives:
Nearly 1,000 Jawun Professional
secondments since 2001
Echo Mentoring supporting Indigenous
employees
Gender equity - reviewed pay equity and
improved pay transparency
1 Women in Leadership refers to women in leadership roles across the Group. It includes the CEO, Group Executives, General Managers, senior leaders with significant influence on business outcomes (direct reports to General Managers and their
direct reports), large (3+) team people leaders three levels below General Manager, and Bank and Assistant Bank Managers. 2 40% women, 40% men and 20% of any gender. Westpac Board includes CEO. Executive Team excludes CEO.
3 Reconciliation Action Plan.
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Westpac Group 2022 Full Year Results Presentation & Investor Discussion Pack
Westpac GROUPView entire presentation