Investor Presentaiton
Physical and transition risk metrics.
Analysis suggests that overall potential risk exposures are likely to be low.
Potential physical risk¹ exposure in our Australian
mortgage portfolio² (%)
% represents proportion of our Australian mortgage portfolio that
may be at risk under these climate change scenarios²
Sustainability
Potential transition risk exposure to 2030 and 2050
in our Australian business and institutional lending
portfolio³ (%)
% represents proportion of our lending portfolio that may be at
risk under these climate change scenarios³
RCP
2.6
RCP
8.5
1.5°C
2°C
3.4%
Current
3.6%
2050
3.4%
Current
4.1%
2050
0.9%
2030
2.2%
2050
0.6%
2030
1.7%
2050
We used Intergovernmental Panel on Climate Change (IPCC)
Representative Concentration Pathways (RCP) scenarios for the
analysis
RCP2.6 represents a lower warming scenario indicative of 2°C
warming by 2100
RCP8.5 represents a higher warming scenario indicative of 4°C
warming by 2100
Note: See footnotes on page 133.
We analysed scenarios of how the Australian economy and major
industry sectors might perform when constrained in line with
transition pathways
1.5°C represents a rapid decarbonisation scenario
2°C represents a decarbonisation scenario
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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