Sustainability news and ratings

A new report released by the Centre for Social Impact (CSI) Swinburne in partnership with Westpac Foundation looks at how and why social enterprise is proving more effective than mainstream employment solutions in delivering greater employment outcomes for people with complex needs.

Westpac New Zealand has become the first New Zealand bank to raise funding through the issuance of a green bond.

Lockleys in Adelaide is home to one of Westpac’s Home Ownership Service centres that handles originations, servicing and customer care functions across all Westpac Group brands. It is also home to one of our most active employee-run community committees.

Beyond the chaos of a purple courtyard filled with chickens, firepits and guitars, Mark Scott – the 900th Westpac employee on a Jawun secondment – discovers how dialysis is helping Indigenous communities “hold on strong” to culture. Westpac Wire followed his story, bringing it to you to mark the beginning of National Reconciliation Week.

This year, REACH celebrates 25 years of service to the community. David and his colleagues from Westpac’s Private Wealth team recently raised more than $15,000 in just ten days to support REACH.

A key focus of 2018 was determining our salient human rights issues. Through engagement with SHIFT, a not for profit organisation, we arrived at our four salient human rights issues.

We are at the mid-way point of our 2018-2020 Sustainability Strategy and the close of the first half of our 2019 financial year. In the last six months we have made progress in a number of areas where we believe we can have the greatest impact and create sustainable long-term value for our customers, communities and the nation.

Westpac has extended the breadth and depth of scenario analysis first undertaken in 2016  to build on our understanding of short, medium and long-term impacts of different climate change scenarios on our customers, communities and business.

The Westpac Scholars Trust has awarded 72 undergraduate scholarships to students with the potential to bring big ideas to life in the areas of technology and strengthening Australia-Asia ties. This brings the total number of scholarships awarded this year to 100, representing an investment of over $4.2 million.