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Westpac Receives Strongest Score For Being Most Sustainable Global Bank

  Westpac Group hasn’t only retained its position as the most sustainable global bank in 2016 Dow Jones Sustainability Indices Review, it also received the strongest score of 95 per
14 Sep 2016 11:15
Westpac Receives Strongest Score For Being Most Sustainable Global Bank

 

Westpac Group hasn’t only retained its position as the most sustainable global bank in 2016 Dow Jones Sustainability Indices Review, it also received the strongest score of 95 per cent.

This marks the ninth time Westpac achieved the global number one position, and the 15th year in a row where Westpac has consistently stood out as a global banking leader.

The Dow Jones Sustainability Indices evaluation looks at how each company performs across social, economic and environmental dimensions.

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

Westpac’s Regional Head for South Asia and the Pacific, Greg Pawson, congratulated Westpac’s staff members in Fiji and Papua New Guinea.

He said: “So much of what we do in the Pacific contributes to this ranking, and we can all be very proud to work for the world’s most sustainable bank.

“Many of our customers in Fiji and PNG choose Westpac because of our sustainability credentials.

“They want their money to be with the bank who, to put it simply, ‘does the right thing’ and has a clear commitment to delivering sustainable.”

Mr Pawson said part of the reason Westpac is number one in the world is because their staff take the time to match customers with financial services that can really help them thrive.

“Because we take the hard decisions – only banking customers and industries who have in place the high standard governance, environment and social protections that we know to be essential for sustainable long term outcomes,” Mr Pawson said.

Westpac’s sustainability efforts in Fiji and PNG largely focus in three areas: ‘Banking the Unbanked’, ‘Making Women Count’ and ‘Empowering through Education’.

Also taken into consideration for the DJSI ranking was the work Westpac Pacific does with international development agencies and DFAT.

Feedback:  rachnal@fijisun.com.fj

 

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