Investor Presentaiton
Supporting customers' transition to net-zero.
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Sustainability
FY22 highlights
Largest bank lender to greenfield renewable energy projects in
Australia over the past five years1
Achieved over $1.9 billion in new lending² to climate change
solutions³
Continued to discuss climate change with WIB customers as a
regular part of our engagement, particularly in sectors that have
high emissions or significant transition risk
Supported WIB and Westpac New Zealand (WNZL) customers
across 69 Sustainable Finance transactions with a total volume
of $108 billion4
WNZL supported nine customers with Sustainability-Linked
Loans - Sustainability Coordinator5 for seven and the Sole
Sustainability Coordinator or Green Bond Advisor on all four
inaugural Green and Sustainability Bond issuances
Investing in the opportunity
Building banker capability
~3,000 employees completed ESG fundamentals training
1,100+ employees completed half-day training in partnership
with Monash University and ClimateWorks
Mobilising sustainable finance
Finance for low carbon transition and new scalable technologies
First sustainability-linked loan in manufacturing sector
in Australia6
Extending our product suite
Introduced a loan for hybrid and electric cars
Partnered with fintech Cogo to help customers track carbon
footprint?
WNZL piloted new Sustainable Agribusiness Loan³; expanded
loan offerings to enable customers to make their homes warmer,
drier and/or more energy efficient
Expanded Carbon Trading Desk capability in Australia⁹
Note: See footnotes on page 132.
The information on this page contains 'forward-looking statements' and statements of expectation reflecting Westpac's current views on future events. They are subject to change without notice and certain risks, uncertainties and assumptions which are,
in many instances, beyond its control. Please refer to the disclaimer at the back of this presentation.
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Westpac Group 2022 Full Year Results Presentation & Investor Discussion Pack
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