PDF HTML. Westpac Group today released its 2019 Sustainability Performance Report (PDF 5MB) as part of its broader annual reporting suite. Take a closer look at our full sustainability metrics and how we’ve performed on our strategy in our 2020 Westpac NZ Sustainability Report. Please also refer to: 2020 Sustainability Datasheet . Sign up to receive our sustainability news. The processes of establishing the Tokio Marine Group's three key issues are described in "Key CSR Issues and Initiatives of the Tokio Marine Group" on page 6. Our notice explains how we use cookies and how you can manage them. Westpac is one of New Zealand’s largest banks and they have a strong commitment to sustainability and community support. Westpac Group CEO, Brian Hartzer described 2019 as a watershed year both for the banking industry and for Westpac. Notable highlights at the two year mark of the Group’s 2020 Sustainability Strategy include: “As we reflect on our broader sustainability agenda, collaboration is increasingly a hallmark of leadership,” said Mr Hartzer. This information does not take your personal objectives, circumstances or needs into account. Our 2018- 2020 sustainability strategy focuses on: ... Interim Report on how to make NZ’s financial system more sustainable. Fix Simplify Perform 2020 ANNUAL REPORT 3943 Westpac AR20 Cov-p33_V40.indd 1 … Westpac was one of 130 banks globally, representing one third of the global banking sector, to commit to strategically align its business with the goals of the Paris Agreement on Climate Change and the UN Sustainability Development Goals. Westpac joined other Australian banks, insurers, super funds, investors and industry groups to form the Australian Sustainable Finance Initiative, and is part of the newly established Corporate Sustainability Working Group of the Australian Banking Association (ABA) that will be working together in areas such as climate change, modern slavery and a set of common sustainability metrics. The strategy outlines Westpac NZ’s approach to tackling climate change and monitors progress against agreed targets. Consider its appropriateness to these factors before acting on it. Westpac releases Safer Children, Safer Communities 2020 Progress Report The Safer Children, Safer Communities 2020 Progress Report documents the outcomes of the work program in 2020, achieved collectively with our community partners, towards making a meaningful impact on child safety and protection in Australia and across the Asia Pacific region. In 2018, Westpac introduced a Customer Vulnerability Action Plan and since then has put in place new policies, training and a 1800 Priority Assist number to support customers in complex vulnerable situations such as family violence, elder or financial abuse. – Westpac Paper Purchasing Policy Handout – 2020 Westpac Climate Change and Action Plan Handout –Westpac Principles for Doing Business 2) Using this information, complete a Sustainability Assessment Report. Consider its appropriateness to these factors before acting on it. Westpac NZ 2020 Summary Sustainability Report. 161/2020 Building a more focused bank to deliver for our customers, underpinned by innovation and a strong balance sheet. Access the report. Our first volunteer group of 2020 got things off to a great start. ESG Policy. This year, Westpac committed to sourcing 100% of its global electricity consumption through renewable sources by 2025. innovations in sustainable finance, helping customers on their pathway towards a net zero emissions economy. For example, Westpac’s 2018 annual report included Task Force for Climate-Related Disclosures (TCFD) reporting, a section on salient human-rights issues and expanded reporting on sustainability metrics reflecting progress on our 2020 sustainability strategy. Refer 2020 Sustainability Report . Unless otherwise specified, the products and services described on this website are available only in Australia from © Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714. These may change or we may introduce new ones in the future. Terms and Conditions or Product Disclosure Statement. Westpac Banking Corporation WBK will be paying a penalty of A$1.3 billion (about $920 million) to the Australian Transaction Reports … 01. Performance Metrics, Glossary and Defnitions 2020 Sustainability Appendix We use cookies to secure and tailor your web use. Carbon neutral. 2020 Sustainability Performance Report (PDF 8MB) Please also refer to: 2020 Sustainability Appendix (PDF 847KB) We extend our gratitude to Westpac as our Founding Partner, for helping to make Head Start Homes a reality and for their ongoing support. Agenda. To view the agenda for the Westpac-KangaNews New Zealand Sustainable Finance Summit, please click the agenda button to open in a new window. With its ambitious goal to help change 100,000 lives for the better and help create 10,000 jobs for people that need it most by 2030, collaboration is also a key theme. Responding to COVID-19 risks We have taken action to ensure operational resilience and to address the risks associated with COVID-19. Working with social enterprises that are creating jobs and training opportunities for people facing barriers to mainstream employment for over a decade, this year the Foundation announced the first five social enterprises to receive funding through its new collaborative funding approach in partnership with ten other organisations. Westpac NZ's environmental, social and governance (ESG) dashboard summarises our non-financial performance and provides links to the source documents of published information and policies. Due to public health concerns, the AGM will be limited to the statutory meeting only, with no reception afterward. Westpac Foundation’s 2020 Impact Report documents the collective impact the Foundation, together with its community partners, is making in local communities across Australia. View Westpac_AU_2020_Annual_Report.pdf from FINS 5530 at University of New South Wales. On July 17, Australian financial services group Westpac Banking Corporation (“Westpac”) released a report on its governance structures, indicating to an “immature and reactive” management of non-financial risks. Our aspiration: We want to lead Aotearoa’s transition to … View WBC_2020_sustainability_performance_report.pdf from MCA 502 at Kurukshetra University Directorate of Distance Education. Westpac NZ's 2020 Sustainability Report is structured around the most material topics as outlined in our 2020 Sustainability Strategy and provides information on our sustainability performance over the period 1 October 2019 to 30 September 2020. Chloe joined the Bomen Solar Farm construction team through its ‘Women in Solar’ program. This information does not take your personal objectives, circumstances or needs into account. Our 2020 Full Year reporting suite includes our Annual Report, Full Year Financial Results, Investor Discussion Pack, Sustainability Performance Report, Pillar 3 Report, and other shareholder information including for our Annual General Meeting. Sustainability Performance Report 2020 WESTPAC BANKING CORPORATION ABN 33 Progress includes: “While this has been a challenging year,” said Mr Hartzer, “we are proud to report that our actions have seen us regain our position as Australia’s most sustainable bank in the 2019 Dow Jones Sustainability Indices.”. We are committed to regular, transparent reporting to enable stakeholders to compare our relative performance over time. Read the disclosure documents for your selected product or service, including the Terms and Conditions or Product Disclosure Statement, before deciding. This year Westpac introduced its first sustainability-linked loans, through which borrowers are rewarded for meeting pre-determined sustainability targets. In 2010, the organization announced the expansion of the sustainability program to bring on board other cities such as Redfern and Waterloo (Black, 2006). In our 2020 Sustainability Strategy our focus is on addressing … (2012 – 2020). The Safer Children, Safer Communities 2020 Progress Report documents the outcomes of the work program in 2020, achieved collectively with our community partners, towards making a meaningful impact on child safety and protection in Australia and across the Asia Pacific region. The figure … The sustainability journey by Westpac has seen over 400 employees work in the Cape, which translates to 50 years of continuous employment. Our notice explains how we use cookies and how you can manage them. Sustainability Report 2019 Westpac Banking Corporation. As a leading Japanese and Asian investment manager, Tokio Marine Asset Management (TMAM) takes its responsibilities as an investor very seriously. Lending criteria apply to approval of credit products. Westpac's submission to the 2020 CDP (formerly Carbon Disclosure Project) Climate Change Questionnaire. UN Sustainable Development Goals. Westpac NZ’s Sustainability Strategy. Manaaki te ao. This event is taking place on 3 November 2020 at Westpac Britomart in Auckland. This information contributes to Westpac Group's Sustainability Report, which follows the Global Reporting Initiative (GRI) Standards (2016) and the AA1000 Accountability Principles Standard. 2020 Sustainability Performance Report Westpac’s 2020 Sustainability Performance Report is structured around the most material topics identified through our sustainability materiality assessment, and provides information on the steps we are taking to become a simpler, stronger bank and support our customers, people and communities. Westpac’s governance still underperforming, according to new report. We believe business should be a positive force in society. Westpac Group 2020 Sustainability Report 2019 Sustainability Report 2018 Sustainability Report 2017 Sustainability Report 2016 Sustainability Report ← Back to menu. Report details provided by GRI's Data Partner: Proxima. Westpac NZ Climate Risk Report. 2017 saw the end of our five-year sustainability strategy, which worked to address some of the big issues New Zealand is facing - environmental challenges, financial capability and demographic change. Westpac’s 2020 Sustainability Performance Report is structured around the most material topics identified through our sustainability materiality assessment, and provides information on the steps we are taking to become a simpler, stronger bank and support our customers, people and communities. Read the disclosure documents for your selected product or service, including the Terms and Conditions or Product Disclosure Statement, before deciding. this year, Westpac was a founding bank and signatory to the Principles of Responsible Banking announced at the United Nations General Assembly in September. You can check out their report by clicking the button below. Making progress on our 2020 Sustainability Strategy in Westpac Group’s 2019 Sustainability Performance Report Image: Bomen Solar Farm near Wagga Wagga is key to the first phase of Westpac Group’s transition to sourcing 100% of our global electricity consumption from renewables by 2025. Westpac’s latest Sustainability Report shows its Total Committed Exposure (TCE) to oil and gas extraction declined 15% in the year to September 2020. Westpac Group 2020 Sustainability Report 2019 Sustainability Report 2018 Sustainability Report 2017 Sustainability Report 2016 Sustainability Report ← Back to menu. Westpac has a legitimate claim to be an Australian banking pioneer in the sustainability sector, and indeed one of the world leaders. First Toitū carbonzero certified bank in Aotearoa. Our 2020 Sustainability Performance Report is part of Westpac Group’s 2020 annual reporting suite and provides information on our sustainability performance, including climate change and human rights, over the period. Our 2020 Sustainability Performance Report is structured around the most material topics and provides information on our sustainability performance progress over the period. 2020 Sustainability Performance Report (PDF 8MB), 2020 Sustainability Appendix (PDF 847KB) 2020 Sustainability Datasheet (XLS 162KB) 2020 Annual Reporting Suite. Westpac Group CEO, Brian Hartzer described 2019 as a watershed year both for the banking industry and for Westpac. In 2002 Westpac released a social impact report that outlined the bank's plan to meet international standards in the area of corporate social responsibility. Conditions, fees and charges apply. Unless otherwise specified, the products and services described on this website are available only in Australia from © Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714. Our 2020 Sustainability Performance Report is part of Westpac Group’s 2020 annual reporting suite and provides information on our sustainability performance, including climate change and human rights, over the period. 3 Dec 2020 | Westpac NZ has released a report detailing its exposure to climate ... . Given this drop in exposure, another shareholders asked whether the bank expects this exposure to continue declining in line with Westpac’s commitment to the Paris Agreement: Annual reporting suite 6MB ) as part of its broader annual reporting suite very seriously believe business be! 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