Investor Presentaiton
Our plan to become a net-zero, climate resilient bank.
•
Progress
Joined NZBA in July 2022
Set interim 2030 financed emissions
targets for five sectors in our lending
portfolio, in accordance with our NZBA
commitment
01
Net-zero, climate resilient operations
•
Sustainability
Agreements in place to source the equivalent of 100% of our Australian
electricity consumption from renewable energy sources¹ by 2025, and planning
underway to achieve this same milestone for our international footprint by 2025
• Continue to maintain carbon neutral certification² for our Australian and New
Zealand direct operations
Updated Climate Change
Position Statement and Action Plan
(Climate Action Plan)
WESTPAC BANKING CORPORATION
ABN 33 007 457 141
Climate Change
Position Statement
and Action Plan
estpac GROUP
•
Continue to support employee and supply chain emissions reductions
02
Supporting customers' transition to net-zero and to build their climate resilience
•
Engaging with customers and supporting them in their transition
•
Become transition partner of choice
Commencing engagement with agribusinesses on climate change impacts
on farm productivity and the role of adaptation measures to improve climate resilience
03
Collaborate for impact on initiatives towards net-zero and climate resilience
• Work with governments, industry organisations and/or community partners to
improve outcomes to transition to net-zero and build climate resilience
•
Participated in the Australian Industry Energy Transitions Initiative (AIETI)
Founding member of the Australian Sustainable Finance Institute (ASFI)
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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