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Partners in building a sustainable future

Supporting our clients with credible and commercially viable transition plans.

Sustainable finance

Innovative strategies with long-lasting benefits.

Carbon markets

Supporting the transition towards net-zero.

Renewable energy finance

Financing Australia’s switch to renewable energy.

Westpac's commitment to a sustainable future

Supporting a sustainable economic, social and environmental future for our customers and business.

Our strategy

Taking action today to help create a brighter future for tomorrow.

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Positions and perspectives

Our approach to managing sustainability risks and opportunities.

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Net-Zero Banking Alliance

Our commitment to the global transition to a net-zero economy.

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Our credentials

We're working closely with clients across sectors to support the transition to net-zero emissions.

#1 Financier to Australian infrastructure development

In the last ten years* we’ve helped our clients deliver $70BN1 worth of capital investment to create:

  • 424km of improved roads
  • 3,190 new hospital beds
  • 107km of metro rail infrastructure
  • 1,420 passenger train carriages.

#1 Financier to Australian greenfield renewable energy development

In the last five years*, we've helped our clients deliver:

  • Over $10BN 2 worth of capital investment
  • Across 28 new projects
  • Enough to power the equivalent of 2.6 million homes when completed.

Partners in innovative sustainable finance solutions

In the last 6 months* we've helped support our clients environmental and social goals with:

  • 23 sustainable finance transactions globally
  • Totalling $19.7BN 3.

Partners in building a sustainable future

We're backing nation-building development, supporting clients with their transition to net zero emissions and helping them drive innovation and efficiency.

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ESG Insights

Subscribe to Westpac IQ  and have insights delivered to your inbox.

ESG Impact: what you need to know - October 2023

This month we are reporting on delays in renewables generation in Australia, draft standards for mandatory disclosure for Australian businesses, new global commitments on critical minerals, and much more.

Close-up of ferns and mosses on a tree trunk in rainy forest with copy space as a beautiful background

Biodiversity: Our dependence on nature

Expectations on businesses to manage biodiversity risk and opportunities are growing, so how are organisations stepping up to measure their nature footprints?

 

Safeguard Mechanism new rules snapshot

Significant structural changes are set to redefine carbon markets and pricing as part of Australia’s push for a more sustainable future.

Things you should know

* To 31 March 2023

Source: IJ Global League Tables as at 30 May 2023 and/or Westpac research. 

  1. The $70 billion is based on publicly sourced information and represents the project value of these projects to which Westpac together with other lenders and capital providers contributed to their funding. 
  2. The $10 billion is the AUD equivalent, converted based on an AUD/USD spot rate as at 30 May 2023, is based on publicly sourced information and represents the project value of these projects to which Westpac, together with other lenders and capital providers, contributed to their funding. 
  3. Of the 23 transactions, Westpac contributed $2.1 billion of direct lending and assisted (together with other joint lead managers) with the distribution of $7.3 billion of bonds into the capital markets. Of these transactions, 15 were loans and 8 were bonds. The $19.7, $2.1 and $7.3 billion is the AUD equivalent, converted based on an AUD/currency of the transaction spot rate for the month end of financial close.

Westpac Institutional Bank’s financing exposures are not limited to green and sustainable financing. For more details of Westpac Institutional Bank’s financing exposures please see westpac.com.au/investor-discussion-pack-FY22 (PDF 6MB)

Westpac Institutional Bank is a division of Westpac Banking Corporation ABN 33 007 457 141 AFSL 233714. This information is correct as at 5 June 2023.  This product is available only to wholesale clients within the meaning of s761G of the Corporations Act 2001. You should consider whether or not this product is appropriate for you. Terms and conditions apply. Copyright 2023 Westpac Banking Corporation.