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Sustainable lending and investment

As a major financial institution, we recognise we can influence social and environmental outcomes through our lending and investment decisions. This is a responsibility we take very seriously and have a number of frameworks, policies and positions to guide our approach to lending and investing.

Overarching frameworks

  • Our Sustainability Risk Management Framework sets out our approach to managing sustainability risks in all aspects of our operations, including environmental, social and governance risks in lending and investment.
  • Our Principles for Doing Business guides our lending and investment policies and governs our response to ethical issues, such as respecting human rights; preventing financial crimes and the management of environmental risks.

Specific policies and positions

The following position statements set out our approach to assessing the environmental, social and governance dimensions of our banking and financing activities.  These are supported by policies in Westpac's credit manuals:

Climate Change Position Statement and 2020 Action Plan (PDF 888KB)

Approach to Sustainable Finance (PDF 168KB)

Financing Agribusiness Position Statement (PDF 122KB)

Financing the Defence Sector Position Statement (PDF 198KB)

Financing Tobacco Position Statement (PDF 174KB)

Current topics of interest to stakeholders