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2023 Climate Report

Climate Report

Our 2023 Climate Report outlines Westpac’s approach and strategies for addressing the risks and opportunities presented by climate change.

Climate Report: CEO letter

“Our purpose is creating better futures together and one of the ways we will do this is by becoming a net-zero, climate resilient bank.”

CEO Westpac, Peter King  

Climate Report: FY23 highlights

Here we outline a summary of our FY23 achievements, as we work towards a more sustainable future.

Climate Report: Supporting customers

As a bank, one of the most important roles we can play in the transition to a net-zero economy is to support customers in their transition to net-zero and climate resilience. Read about our customer case studies.

Sustainability Reporting

  • Our 2023 Climate Report (PDF 9MB) part of Westpac Group’s 2023 annual reporting suite and provides additional information on our climate change performance, including our alignment with Task Force on Climate-related Financial Disclosures (TCFD).
  • Information and updates related to employees, natural capital, community and human rights can be found in our our 2023 Annual Report (PDF 10MB)
  • Our ESG data and response to reporting standards, such as the Global Reporting Initiative (GRI) and Sustainability Accounting Standards Board (SASB), the United Nations Principles for Responsible Banking (UNPRBs), and the United Nations Guiding Principles on Business and Human Rights (UNGPs), can be found in our 2023 Sustainability Index and Datasheet (XLS 10MB).
In addition to the 2023 Climate Report and 2023 Sustainability Index Datasheet above, please also refer to:
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2022 Safer, Children, Safer Communities Impact Report

23 March 2023

The Safer Children, Safer Communities 2022 Impact Report showcases outcomes that we have collectively achieved to keep children and young people safe in Australia and across the Asia Pacific Region with our partners in Year 3 of our program. Since launching the program in 2020, we have committed over $42 million to more than 50 organisations.

2022 Impact Report (PDF 19MB)

2023 Westpac Foundation Impact Report

22 November 2023
Westpac Foundation has released its 2023 Impact Report which showcases the collective impact the Foundation is making - together with its community partners - in local communities across Australia.

Westpac Foundation 2023 Impact Report (PDF 7MB)

2023 Westpac Scholars Trust Impact Report

22 November 2023

The Westpac Scholars Trust Impact Report documents the progress of the Westpac Scholars Program in 2023 and celebrates the diverse contributions of, and impact created by, Westpac Scholars.

Westpac Scholars Trust 2023 Impact Report

2023 Regional Foundations Impact Report

22 November 2023

The Regional Foundations have released their Impact Report which shows the collective impact the three foundations are having and highlights how they are creating brighter futures for children and young people in their local communities.

Regional Foundations 2023 Impact Report

2022 Carbon Neutral Disclosures

Released September 2022

Westpac Group’s Australia and New Zealand operations are certified carbon neutral under the Australian Government’s Climate Active Standard for Organisations (formerly National Carbon Offset Standard) and the New Zealand Toitū carbonzero programme run by Toitū Envirocare a subsidiary of Manaaki Whenua – Landcare Research, a Government-owned Crown Research Institute.

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2022 Modern Slavery Statement

Our 2022 Modern Slavery Statement has been prepared to meet our reporting requirements under both the Australian Modern Slavery Act 2018 (Cth) and the United Kingdom’s Modern Slavery Act (2015) and describes the actions Westpac Group has taken to address modern slavery risk in both our operations and supply chains during the FY22 period.

2021 UN Global Compact Communication on Progress

An annual submission on progress against the UN Global Compact confirming our status as ‘Active’.

2021 CDP Climate Change Submission

Submitted July 2021

Westpac’s submission to the 2021 CDP (formerly Carbon Disclosure Project) Climate Change Questionnaire.