Westpac’s commitment to action on climate change

Our purpose at Westpac is taking action now to create a better future. We believe that as one of Australia’s largest companies, we have a role to play in helping to create a positive social, economic and environmental impact. Our Sustainability Strategy is aligned to our Group Strategy and Purpose. Climate transition is a key focus area of our Sustainability Strategy as we seek to play our role in decarbonising Australia and building resilience – for our customers and our operations.

We have an ambition to become a net-zero climate resilient bank.  In support of this ambition, we have set clear, quantified targets that extend across the emissions of our operations and certain sectors in our lending, and the amount of sustainable finance and bond facilitation we provide. We aim to better understand and manage the exposure and vulnerability of our both operations, and those of our customers to climate change to strengthen our climate resilience. 

For further details, refer to Westpac Sustainability.

About Westpac Green Bonds

The net proceeds of Westpac’s Green Bonds will be allocated on a notional basis to finance or refinance, in whole or in part, eligible projects or assets that meet the Eligibility Criteria of Westpac’s Framework, and which contribute to a low carbon economy.  

Green Bonds - Outstanding Issuances

Westpac Green Bond Framework

Westpac Green Bond Framework - January 2026 (PDF 1MB)

Second Party Opinion - January 2026 (PDF 376KB)

Westpac Green Bond Framework - May 2021 (PDF 3MB)

Green Bond Investor Reports

2025

Westpac Green Bond Impact Report 2025 (PDF 3MB)

2024

Westpac Green Bond Impact Report 2024 (PDF 1MB)
Independent Reasonable Assurance Report 2024 (PDF 322KB)

2023

Westpac Green Bond Impact Report 2023 (PDF 1MB)

Independent Reasonable Assurance Report 2023 (PDF 8MB)

2022

Westpac Green Bond Impact Report 2022 (PDF 1MB)

Independent Reasonable Assurance Report 2022 (PDF 294KB)

2021

Westpac Green Bond Impact Report 2021 (PDF 2MB)

Independent Reasonable Assurance Report 2021 (PDF 206KB)

2020

Westpac Green Bond Impact Report 2020 (PDF 579KB)

Independent Reasonable Assurance Report September 2020 (PDF 192KB)

2019

Westpac Climate Bond Impact Report 2019 (PDF 1MB)

Independent Reasonable Assurance Report September 2019 (PDF 166KB)

Independent Limited Assurance Report March 2019 (PDF 238KB)

2018

Westpac Climate Bond Impact Report May 2018 (PDF 1MB)

Independent Reasonable Assurance Report September 2018 (PDF 254KB)

Independent Limited Assurance Report March 2018 (PDF 253KB)

2017

Westpac Climate Bond Impact Report May 2017 (PDF 954KB)

Independent Reasonable Assurance Report September 2017 (PDF 220KB)

Independent Reasonable Assurance Report  June 2017 (PDF 1MB)

2016

Independent Reasonable Assurance Report November 2016 (PDF 439KB)

Contact us

Jacqueline Boddy
Head of Debt Investor Relations
Email: jboddy@westpac.com.au