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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

Institutional Shareholder Services Inc. (ISS)

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

Ethibel Sustainability Index Excellence Global

Announced April 2019

  • Reconfirmed as a constituent of the index since 22 March 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 2018

  • Global banking sector leadership group.

 

Past rankings:

  • 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.

Oekom Corporate Responsibility Rating

Released October 2014

  • Achieved a Prime status rating and identified as a leading performer of sustainability since 2014.

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.