Westpac has released its 2026 Sustainability Report, detailing its progress on climate transition and human rights, including its ambition to become a net-zero, climate resilient bank and its approach to respecting human rights.
Material actions and disclosures
Westpac’s 2026 Sustainability Report includes detailed climate-related disclosures prepared in accordance with AASB S2 Climate-related Disclosures, the mandatory Australian Sustainability Reporting Standard. The report outlines how the bank is working to achieve its ambition to be a net-zero, climate resilient bank, as detailed in its Climate Transition Plan.
The report also includes disclosures on the bank’s approach to respecting and advancing human rights, as set out in its Human Rights Position and Human Rights Action Plan. These documents outline Westpac’s commitments and approach to respecting human rights across its roles as a financial services provider, lender, investor, purchaser of goods and services, employer, and supporter of communities.
Westpac’s 2026 Sustainability Report also includes disclosures on its scope 1 and 2 greenhouse gas emissions, energy consumption and production, as reported under the National Greenhouse and Energy Reporting (NGER) scheme.
Forward commitments
Westpac has outlined its aspirations, focus areas, and the actions it plans to progressively take over the next four years (2027 to 2030) across its business and customers, as detailed in its Nature Action Plan.
Westpac also aims to continue its efforts to improve financial inclusion and economic participation by expanding access to banking services across Australia, as outlined in its Community Banking service.
Westpac’s 2026 Sustainability Report also includes forward-looking statements regarding its current intent, belief, or expectations with respect to its business and operations, macro and micro economic and market conditions, results of operations and financial condition and performance, capital adequacy and liquidity and risk management.
Westpac’s Sustainability Report is available on the company’s website.