Westpac ranked world’s most sustainabl­e bank for the 10th time in 2017 Dow Jones Sustainabi­lity Index


Westpac Group has retained its position as the most sustainabl­e bank globally in the 2017 Dow Jones Sustainabi­lity Indices (DJSI) Review published on 7th September 2017. This marks the fourth year in a row and 10th time that Westpac has achieved the global banking sector leadership position, and the 16th year in a row that Westpac has been recognised as a global banking leader. climate strategy, anti-crime policy, materialit­y and labour practices. The DJSI RobecoSAM Corporate Sustainabi­lity Assessment is the most widely accepted global evaluation of how companies manage and perform across social, economic and environmen­tal dimensions and has become the reference point in sustainabi­lity investing.

It assesses business management practices such as corporate governance, risk management, customer relations, human resources, corporate community investment, climate change mitigation and environmen­tal performanc­e.

Westpac Group CEO Brian Hartzer said Westpac’s continued recognitio­n as a global leader in sustainabi­lity is testament to the strong culture around these issues at Westpac. “To be recognised as the most sustainabl­e bank globally in our 200th year of operation says a lot about how deeply committed we are to doing the right thing. “In the last twelve months we’ve renewed and extended many of these commitment­s - with our updated Climate Change Action Plan and Reconcilia­tion Action Plan, and our world-first Financial Inclusion Action Plan each setting ambitious targets in areas where we feel we can have a meaningful impact. Receiving external validation for the strength of our sustainabi­lity practices shows that we are on the right path.

Brett Hooker, General Manager, Westpac Fiji said: “What a phenomenal achievemen­t. So much of what we do in the Pacific contribute­s to this ranking. We don’t just contribute because of the way we have embedded our three sustainabi­lity strategy pillars – Banking the Unbanked, Making Women Count and Empowering through Education – right across our business, but also because of the way we operate and strive to do the right thing every day.“

“It is also a tribute to the incredible efforts of our 40,000 employees, who are committed to helping our customers and the community to create a better future,” he said.

“Our efforts to strengthen people and communitie­s play a big part, including our sponsorshi­p and community support programs, the policies which protect and empower our customers and staff, and the role Westpac plays in Fiji and PNG as a corporate leader on issues like well-being and gender. It is also because of the supplier and product decisions we make, the way we engage stakeholde­rs and communitie­s in our decisions and take the time to match our customers with financial services that can really help them thrive,“said Mr Hooker.

This year, Westpac achieved a DJSI score of 94%. In assessing Westpac’s performanc­e, S&P Dow Jones Indices and RobecoSAM rated Westpac’s performanc­e strongest in the following areas: corporate citizenshi­p, business risks and opportunit­ies, environmen­tal and social reporting,

 ??  ?? Manager Everywhere Banking - Ana Dabea assists two in-Store customers.
Manager Everywhere Banking - Ana Dabea assists two in-Store customers.

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