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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

 

Past rankings:

  • 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 2020

  • Included in 2020 Global 100 Most Sustainable Corporations in the World, announced at the World Economic Forum in Davos

 

Past rankings:

  • 2019: Highest ranked Australian company in Global 100
  • 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 2020

  • Received ‘B’ rating in the 2019 CDP for our response to climate change

 

Past rankings:

  • 2018: Received ‘B’ rating for our response to climate change
  • 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

Announced January 2020

  • Ranked as a member of the 2020 Bloomberg Financial Services Gender Equality Index
     

Past ranking:

  • 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

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