Westpac's Sustainability Risk Management Framework sets out our approach to managing sustainability risk. It is an integral part of Westpac's Risk Management Strategy and is supported by a number of key Group-wide and divisional policies and procedures including sensitive sector Position Statements.
Sustainability risk management is relevant across the Group, including in relation to our:
- Lending and investment decisions
- Supply chain management
The Framework is supported by the other risk class specific frameworks which outline our risk management requirements including the risk governance relationship between the Board, Board Committees and senior management and key policies for managing risk.