Towards Sustainable Trade
The increasing influence of sustainability considerations on trade and finance has given rise to a number of challenges and opportunities.
This outlook creates an exciting opportunity for banks to strengthen sustainable financing mechanisms to address environmental and social challenges.
A full article on the challenges and opportunities of sustainability in trade can be found here.
Westpac has been named the most sustainable bank globally in the 2014 and 2015 Dow Jones Sustainability Indices (DJSI) Review1, and consistently features as one of the Global 100 Most Sustainable Corporations in the World2 as announced during the World Economic Forum. Westpac is a founding signatory to the Equator Principles, a member of the Banking Environment Initiative and a signatory to the Soft Commodities Compact.
In May 2016, Westpac issued its first Climate Bond, committing AUD $500M towards key renewable energy and environmental initiatives in Australia.
Click here to learn more about Westpac’s commitment to sustainability.
1.Westpac ranked as global bank industry leader in the 2014 DJSI Review with a score of 93, and in 2015 with our strongest ever score of 94.
2.Westpac has been included on the World Economic Forum’s list of Global 100 Most Sustainable Corporations in the World every year from 2006 – 2008; and 2010 – 2016, ranking number one in 2014.