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Ratings and recognition

We benchmark our sustainability performance against a number of indices to help improve our performance.

Ratings and citations on global and domestic indices

ISS ESG

Announced February 2019

  • Received an ISS QualityScore rating of “1” in the category of environmental and social and "9" in the category of governance.

 

Past rankings:

  • 2018: Received an ISS QualityScore rating of “1” in the category of environmental and social and "2" in the category of governance.
  • 2014: Achieved a Prime status rating and identified as a leading performer of sustainability since 2014.

Ethibel Sustainability Index Excellence Global

Announced April 2019

  • 2019: Reconfirmed as a constituent of the index until June 2019

 

Past rankings:

  • 2018: Reconfirmed as a constituent of the index
  • 2017: Reconfirmed as a constituent of the index
  • 2016: Reconfirmed as a constituent of the index

Employer of Choice for Gender Equality citation

Announced February 2019

  • Received the Workplace Gender Equality Agency Employer of Choice for Gender Equality citation recognising Westpac's initiatives in supporting women in the workforce.
  • 2017: Received the inaugural Workplace Gender Equality Agency Employer of Choice for Gender Equality citation
  • 2016: Received the inaugural Workplace Gender Equality Agency Employer of Choice for Gender Equality citation
  • 2015: Received the inaugural Workplace Gender Equality Agency Employer of Choice for Gender Equality citation

RobecoSAM Sustainability Yearbook 2018

Announced February 2019

  • Received Bronze Class Sustainability Yearbook Award 2019.

 

Past rankings:

  • 2018 Gold Class Sustainability Yearbook Award.
  • 2017 Gold Class Sustainability Yearbook Award.

Dow Jones Sustainability Index

Announced September 2019

  • Global banking sector leadership group

 

Past rankings:

  • 2018  Global banking sector leadership group
  • 2017  Global banking sector leader (Q1-Q3)
  • 2016  Global banking sector leader
  • 2015  Global banking sector leader
  • 2014  Global banking sector leader
  • 2013  Banking sector leadership group
  • 2012  Banking sector leadership group
  • 2011  Global banking sector leader
  • 2010  Banking sector leadership group
  • 2009  Banking sector leadership group
  • 2008  Banking sector leadership group
  • 2007  Banking sector leadership group
  • 2006  Global banking sector leader
  • 2005  Global banking sector leader
  • 2004  Global banking sector leader
  • 2003  Global banking sector leader
  • 2002  Global banking sector leader.

Australian Network on Disability’s Inaugural Access and Inclusion Index

  • Awarded #1 Bank in Top 10 for initiatives and programs to improve accessibility in 2017

Global 100 Most Sustainable Corporations in the World

Announced January 2019

  • Highest ranked Australian company in 2019 Global 100 Most Sustainable Corporations in the World, announced at the World Economic Forum in Davos.

 

Past rankings:

  • 2016 Included in Global 100
  • 2015  Included in Global 100
  • 2014  Ranked number one in Global 100
  • 2013  Highest ranked Australian company in Global 100
  • 2012  Only Australian bank, highest ranked Australian company in Global 100
  • 2011  Only Australian bank, highest ranked Australian company in Global 100
  • 2010  Only Australian bank, highest ranked Australian company in Global 100
  • 2008  One of two Australian companies in Global 100
  • 2007  Only Australian bank in Global 100
  • 2006  Only Australian bank in Global 100.

CDP Climate Change

Announced January 2019

  • Received “B” rating in the 2018 CDP for our response to climate change.

 

Past rankings:

  • 2017 - Achieved ‘Leadership’ score level
  • 2016 - Listed on the CDP 2016 Climate A List 
  • 2015 - Included in CDP ASX 200 and NZX 50 Climate Disclosure Leadership Index
  • 2014 - Included in CDP ASX 200 and NZX 50 Climate Disclosure Leadership Index
  • 2013 - Included in CDP Global 500 Climate Performance Leadership Index
  • 2012 - Included in CDP Global 500 Climate Performance Leadership Index
  • 2011 - Included in CDP Global 500 Climate Performance Leadership Index
  • 2010 - Included in CDP Global 500 Climate Performance Leadership Index

FTSE4Good Index

Announced September 2018

  • Member of the FTSE4Good Index Series, of which we have been a member for over 10 years, reflecting strong ESG risk management practices as measured by an overall ESG rating.

Past ranking:

  • 2017: Included as member of the FTSE4Good Index

MSCI Global Sustainability Indexes

  • Constituent of the MSCI Global Sustainability Index and top 10 MSCI Australia ESG Index.

Bloomberg Gender Equality Index

  • 2019: Ranked as member of the 2019 Bloomberg Financial Services Gender Equality index.
  • 2018: Ranked as member of the 2018 Bloomberg Financial Services Gender Equality index.
  • 2017: Ranked as member of the 2017 Bloomberg Financial Services Gender Equality index.

Australian Workplace Equality Index

  • 2018: Recognised as Gold Tier Employer
  • 2017: Recognised as Gold Tier Employer
  • 2016: Recognised as Gold Tier Employer
  • 2015: Recognised as Gold Tier Employer and best performing bank for LGBTI inclusion
  • 2014: Recognised as Gold Tier Employer and best performing bank for LGBTI inclusion

 

Past ranking:

  • 2015: Recognised as a Gold Tier Employer and the best performing Australian bank for LGBTI inclusion for the second consecutive year

Other sustainability recognition, awards and indices

Ethibel Investment Register

Announced March 2017

  • Reconfirmed for inclusion in the Ethibel Excellence Investment Register.

Past ranking:

  • 2014: Included in the Ethibel Pioneer and Ethibel Excellence Investment Registers

Green Building Council of Australia

  • Awarded the highest scoring 6 Star Green Star rating in Australia for Westpac Group’s fit-out in Tower Two of Barangaroo’s International Towers Sydney.

Women in Banking and Finance Awards  

  • Awarded 2017 Employer of the Year in recognition of Westpac’s commitment and best practice in gender equality, inclusion and diversity.

2017 Reuben J Summerlin Innovation Award

  • Awarded for Westpac’s work on Choice Wantok, a new low-cost banking option in Papua New Guinea.

2017 CANSTAR Innovation Excellence Award

  • Awarded for Westpac Quick Transfer, a new function in the Westpac mobile banking app that lets customers make transfers via drag and drop.

ACSI Corporate Reporting Research

  • Achieved “Leading” rating (the highest of five categories) for the tenth consecutive year in ACSI’s 2017 research report, Corporate Reporting in Australia: Disclosure of sustainability risks among S&P/ASX200 companies.

Socially Responsible Bank of the Year in Money Consumer Finance Awards

Announced June 2015

  • Named as Socially Responsible Bank of the year in Money magazine's 2015 Consumer Finance Awards for the third consecutive year.

Storebrand Trippel Smart and SPP Global Top 100

Released October 2014

  • Named to the Storebrand Trippel Smart (Norway) and SPP Global Top 100 (Sweden).

STOXX ESG Leaders Indices

  • Member of the STOXX Global ESG Leaders 2017/2018 Global ESG Leaders Indices for the fifth consecutive year.

World's Most Ethical Companies

  • Named as one of the World's Most Ethical Companies from 2008 - 2014.  One of only five banks globally to be listed in 2014.  In 2015, the model for World's Most Ethical Companies program changed, and we have since declined to participate.