Issued by Westpac Group
The 2015 financial year marked the mid-point of Westpac Group’s five-year Sustainability Strategy.
This strategy recognises that for Westpac Group to prosper over the long term, so too must the communities in which it operates. Over almost two centuries, this view has motivated the bank to tackle emerging issues that will affect the future prosperity of its stakeholders, where it has the skills and experience to make a positive difference.
Westpac has released its 2015 Reporting Suite, including its Annual Review & Sustainability Report (an integrated summary) and a more detailed Sustainability Performance Report. Together, these reports provide a detailed update on the issues faced and progress made against its strategy during the year.
Westpac’s sustainability performance has attracted external recognition, including being ranked as the world’s most sustainable bank in the 2015 Dow Jones Sustainability Index.
2015 sustainability performance highlights:
Embracing societal change
Better financial futures
Westpac also strengthened its Sustainability Risk Management Framework, with the introduction of a Human Rights Position Statement and Action Plan and Financing Agribusiness Position Statement, and sharpened its focus on positive social change through a new Social Impact Framework.
Australia’s first bank and Australia’s first company.