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Last update: 2016-09-19 11:40:33
Paul Oosting, Wilderness Society, Australia
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Westpac is an Australian bank with a strategic focus on Australia, New Zealand and the near Pacific. The Westpac Group provides a broad range of banking and financial services, including retail, business and institutional banking. On 1 December 2008 Westpac merged with St. George. The structure involves five key divisions including: Consumer Bank, Commercial and Business Bank, BT Financial Group, Westpac Institutional Bank and Westpac New Zealand. These five divisions serve more than 13 million customers.
At the end of 2015 Westpac controlled assets in worth of AUD812.16 billion.
275 Kent Street
Brian Hartzer |
|Annual report||Annual report 2015|
listed on Australian Securities Exchange & New Zealand Stock Exchange
Voluntary initiativesWestpac has committed itself to the following voluntary standards:
Westpac's sustainability risk management framework can be found here.
BankTrack campaigns and Westpac
True leader Front runner Follower Laggard
BankTrack has assessed Westpac on its implementation of the UN Guiding Principles on Business and Human Rights in June 2016. Westpac is assessed as a Follower, with a total score of 5/12.
Implementation and reporting
Westpac is reporting on the implementation here.