We are committed to helping customers move towards more sustainable business models, by funding assets and outcomes to build a better future for all. When funds are allocated to sustainable assets or linked to sustainability outcomes, borrowers and issuers can achieve their sustainability goals and a range of other benefits.
Our sustainable finance team supports sustainable business opportunities within Westpac Institutional Bank. Our dedicated team can provide you with:
- An understanding of the value and importance of sustainable finance to your business
- Sustainable finance solutions designed to help grow your business and achieve your sustainability goals
- Specialist insights regarding the developing sustainable finance market
- Assistance in executing the sustainable finance aspects of your transaction
- Product innovation to ensure we proactively address your evolving needs.
As a major financial institution in our region and a founding signatory of the Principles for Responsible Banking, we are committed to setting the agenda for responsible banking and leading meaningful environmental and social progress.
Sustainable finance options
Green bonds, green loans, social bonds & sustainability bonds
Use of proceeds instruments include green loans and bonds, social bonds and sustainability bonds – essentially any debt instrument where proceeds are used to finance or refinance assets or projects that meet certain green or social criteria. There are certain steps that need to be undertaken for an issuer to be able to claim the “green” or “social” label for their bond.
We partner with our institutional customers to lead the transaction through each of these steps, to ensure a successful transaction.
Who we work with
We provide strategic guidance and tailored banking solutions to Australian, New Zealand and Global customers or potential customers of Westpac Institutional Bank.
Fundamental to our approach is a commitment to sustainability and service, which we leverage to understand the sustainability and banking objectives of each client so we can bring the right solution to the table.
See what we’re doing to drive Westpac’s sustainability strategy forward.
WESFARMERS' TRAILBLAZING SUSTAINABILITY-LINKED BOND
In a trailblazing issuance for the local market, Wesfarmers launched the first Australian dollar denominated sustainability-linked bond in June this year, raising AUD 1 billion in a transaction that was enthusiastically over-subscribed by approximately 2.5 times. Find out more