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Westpac Banking Corporation

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Westpac Institutional Bank is one of Australasia's leading specialist financial services managers and distributors. We service the financial needs of corporate, institutional and government clients that are based or have interests in Australia and New Zealand.

Ticker: WBK ISIN: AU000000WBC1
Address: 275, Kent Street , Australia , Sydney , NSW , 2000 Website: Westpac Banking Corporation
Phone #: 61-2-92263143 CSR Web Area: SUBSCRIPTION INFO

Basic Corporate Social Responsibility (CSR) Ratings

  Overall Community Employees Environment Governance
Westpac Banking Corporation 65 64 72 62 65
Banking
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All company average 55 55 56 58 52
Australia
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Percentile Rankings

Rankings are in percentile terms, compared to other companies in the same industry and country Overall Community Employees Environment Governance
Westpac Banking Corporation 94% 84% 92% 63% 87%
Banking
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Australia
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Special Issues:

Ratings History

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More CSR Rating Details

  Community Employees
Community Dev & Philanthropy Product Human Rights & Supply Chain Compensation & Benefits Diversity & Labor Rights Training, Health & Safety
Westpac Banking Corporation
SUBSCRIPTION INFO
Banking
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All company average 53 54 55 58 55 55
Australia
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Environment Governance
Energy & Climate Change Environmant Policy & Reporting Resource Management Board Leadership Ethics Transparency & Reporting
Westpac Banking Corporation
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Banking
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All company average 57 58 57 50 55 51
Australia
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Percentile rankings

Rankings are in percentile terms, compared to other companies in the same industry and country Community Employees
Community Dev & Philantrophy Product Human Rights & Supply Chain Compensation & Benefits Diversity & Labor Rights Training, Health & Safety
Westpac Banking Corporation 71% 78% 90% 95% 92% 86%
Banking
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Australia
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Environment Governance
Energy & Climate Change Environment Policy & Reporting Resource Management Board Leadership Ethics Transparency & Reporting
Westpac Banking Corporation 82% 75% 30% 92% 84% 82%
Banking
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Australia
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0 Special Issues Affect This Company (see a list of issues here)

# of Sources
Banking
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Overall database
Australia
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CSRHub Has 61 Data Sources (32 Are Currently Active) for This Company

= sources impacting the current ratings
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Original Data Values

(unsubscribed users can see the list, subscribers can see the data details for most sources)

Data source name

Data source element name Minimum value Value provided by datasource Maximum value Data description
SUBSCRIPTION INFO
annual_sales_local 286 34892918160 2.407451E+11 NA
Emissions per assets 2.8321 5.5552819821e-007 2.8387656764E-10 NA
Emissions per employee 235484.5 6.2189 0.073 NA
Emissions per sale 4.2576 6.9441024935e-006 2.7756653992E-07 NA
emissions_total_tco2e 70790000 242300 9 NA
employees_total 1 38962 508714 NA
Harzardous emitter? Yes No No NA
line_of_business Banks NA
total_assets_local 1000 4.36161478e+011 1.506867E+12 NA
waste_hazardous_kg 72001000 0 0 NA
waste_non_hazardous_kg 962755000 0 0 NA
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Brand Value / Enterprise Value (%) -48.164682123 0.1018 316.6056 NA
Brand Value 2012 1798.324 NA
BSI 50 70.1914 88.4717 NA
Domicile AUSTRALIA NA
Enterprise Value NA 19237.4303 NA NA
Reviewed ? YES NA
Sector Financial NA
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Brand Value 2013 11.095 2535.4522 67875.2014 NA
BSI 50 70.8266 89.6275 NA
Domicile AUSTRALIA NA
Sector Financial NA
Reviewed BA NA
Brand Rating 2013 BBB AA+ AAA+ NA
Enterprise Value 2013 0 34993.8795 435750.9811
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Brand Value / Enterprise Value (%) 0.009 0.0805 1.07 NA
Brand Value 2014 10 2535.4522 87304 A brand strength is assessed by using our Brand Strength Index framework. This benchmarks the strength, risk and future potential of a brand relative to its competitors by assessing input measures, brand equity measures, and output performance across four
BSI 51.3 77.1953 94.2 NA
Domicile AUSTRALIA NA
Enterprise Value 2014 66 37003.233 526619 NA
Sector Financial NA
Carbon Disclosure Project 2012 Full Data
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0. Further Information NA NA NA NA
0.1. Introduction - Please give a general description and introduction to your organization. NA The Westpac Group (“Westpac”) is a financial services company with operations in Australia, New Zealand and the near Pacific region and maintains offices in key financial centres around the world. We are ranked in the top 5 listed companies by market cap NA NA
5.1e Identified climate change risks driven by changes in other climate-related developments? NA Yes NA NA
5.1f. Please describe (i) the potential financial implications of the risk before taking action; (ii) the methods you are using to manage this risk; (iii) the costs associated with these actions NA Reputation(i) Reputational risks associated with Westpac’s brand & climate change are evident through our retail banking business via customer & NGO correspondence & campaigning but also apply across all business & institutional banking divisions as well NA NA
5.1g. Please explain why you do not consider your company to be exposed to risks driven by changes in regulation that have the potential to generate a substantive change in your business operations, revenue or expenditure NA NA NA NA
5.1h. Please explain why you do not consider your company to be exposed to risks driven by physical climate parameters that have the potential to generate a substantive change in your business operations, revenue or expenditure NA NA NA NA
5.1i. Please explain why you do not consider your company to be exposed to risks driven by changes in other climate-related developments that have the potential to generate a substantive change in your business operations, revenue or expenditure NA NA NA NA
6. Attachments NA https://www.cdproject.net/Sites/2012/51/19051/Investor CDP 2012/Shared Documents/Attachments/InvestorCDP2012/6.ClimateChangeOpportunities/Transit_to_low_carbon_econo1.pdf NA NA
6. Further Information NA NA NA NA
6.1. Have you identified any climate change opportunities (current or future) that have the potential to generate a substantive change in your business operations, revenue or expenditure? Tick all that apply NA Opportunities driven by changes in regulation; Opportunities driven by changes in physical climate parameters; Opportunities driven by changes in other climate-related developments NA NA
6.1a Identified climate change opportunities that are driven by changes in regulation? NA Yes NA NA
6.1b. Please describe (i) the potential financial implications of the opportunity; (ii) the methods you are using to manage this opportunity; (iii) the costs associated with these actions NA Westpac’s business strategy accommodates regulatory uncertainty & embeds carbon management into business as usual (BAU).International (Int’l) agreements & carbon markets (i)Int’l & national policy decisions around carbon market design have direct financia NA NA
6.1c Identified climate change opportunities that are driven by changes in physical climate parameters? NA Yes NA NA
14. Attachments NA NA NA NA
6.1d. Please describe (i) the potential financial implications of the opportunity; (ii) the methods you are using to manage this opportunity; (iii) the costs associated with these actions NA (i) Adaptation risk, incorporating the identified climate change physical risks for Australia, New Zealand and the Pacific outlined in the table above has direct and indirect financial implications for Westpac. Business continuity planning and credit risk NA NA
6.1e Identified opportunities that are driven by changes in other climate-related developments? NA Yes NA NA
6.1f. Please describe (i) the potential financial implications of the opportunity; (ii) the methods you are using to manage this opportunity; (iii) the costs associated with these actions NA Reputation(i)Brand differentiation opportunities associated with climate change are evident through our retail banking business via customer & NGO correspondence & campaigning, but also apply across all business & institutional banking divisions as well a NA NA
13. Attachments NA NA NA NA
11. Attachments NA NA NA NA
11. Further Information NA NA NA NA
11.1. Do you consider that the grid average factors used to report Scope 2 emissions in Question 8.3 reflect the contractual arrangements you have with electricity suppliers? NA No NA NA
11.1a. You may report a total contractual Scope 2 figure in response to this question. Please provide your total global contractual Scope 2 GHG emissions figure in metric tonnes CO2e 0 167799 17902000 NA
11.2. Has your organization retired any certificates, e.g. Renewable Energy Certificates, associated with zero or low carbon electricity within the reporting year or has this been done on your behalf? NA No NA NA
3.1e. Please explain (i) why not; and (ii) forecast how your emissions will change over the next five years NA NA NA NA
3.2. Does the use of your goods and/or services directly enable GHG emissions to be avoided by a third party? No Yes Yes NA
3.2a. Please provide details (see guidance) NA The use of our products and services allows consumers to reduce their ghg emissions in two ways - through a reduction in paper and energy associated with the use of banking and investment products, and secondly by offering financial products that support NA NA
3.3c Number of methods used to drive investment in emissions reduction activities. 0 8 12 NA
3.3c. What methods do you use to drive investment in emissions reduction activities? NA Compliance with regulatory requirements/standards, Other, Marginal abatement cost curve, Employee engagement, Internal price of carbon, Dedicated budget for energy efficiency, Internal incentives/recognition programs, Other NA NA
5. Attachments NA https://www.cdproject.net/Sites/2012/51/19051/Investor CDP 2012/Shared Documents/Attachments/InvestorCDP2012/5.ClimateChangeRisks/DCC - Climate Change Risks to Australias Coast.pdf NA NA
5. Further Information NA NA NA NA
5.1. Have you identified any climate change risks (current or future) that have potential to generate a substantive change in your business operations, revenue or expenditure? Tick all that apply NA Risks driven by changes in regulation; Risks driven by changes in physical climate parameters; Risks driven by changes in other climate-related developments NA NA
5.1a Identified risks driven by changes in regulation? NA NA NA NA
5.1b. Please describe (i) the potential financial implications of the risk before taking action; (ii) the methods you are using to manage this risk; and (iii) the costs associated with these actions NA Westpac’s business strategy integrates regulatory uncertainty & embeds carbon management into business as usual (BAU)International (Int’l) agreements & carbon markets (i)Int’l & national policy decisions around carbon market design have direct financial i NA NA
14. Further Information NA NA NA NA
1.1. Where is the highest level of direct responsibility for climate change within your company? No individual or committee with overall responsibility for climate change Individual/Sub-set of the Board or other committee appointed by the Board Individual/Sub-set of the Board or other committee appointed by the Board NA
1.1a. Please identify the position of the individual or name of the committee with this responsibility NA Board Sustainability Committee - The Committee includes members of the Board, reviews the social and ethical impacts of Westpac's policies and practices and oversees initiatives to enhance our sustainable business practices. NA NA
1.2. Do you provide incentives for the management of climate change issues, including the attainment of targets? No Yes Yes NA
13. Further Information NA NA NA NA
13.1. How do your absolute emissions (Scope 1 and 2 combined) for the reporting year compare to the previous year? Increased Increased Decreased NA
13.1a (i) If absolute emissions (Scope 1 and 2 combined) have increased, decreased or remained the same overall compared to the previous year, state direction of change NA Exceptional Increase NA NA
13.1a (ii) If absolute emissions (Scope 1 and 2 combined) have increased, decreased or remained the same overall compared to the previous year, state the reason for the direction of change NA Decrease: Other, Increase: Emissions reduction activities, Decrease: Change in output, Decrease: Divestment, Increase: Emissions reduction activities, Decrease: Change in boundary, Decrease: Emissions reduction activities NA NA
13.1a (iii) If emissions have increased, decreased or remained the same overall, provide the emissions value (%) NA Decrease: 4, Increase: , Emission value for which direction is not stated: NA NA
2012 Score 0 83 100 NA
2012 Performance Band E A A NA
2.3a. Please explain (i) the engagement process and (ii) actions you are advocating NA (i) The engagement process:i. Method: Our engagement with policymakers is multifaceted & occurs via a range of channels. This includes direct engagement as an individual company, both privately & publicly, as well as via industry associations & partnershi NA NA
8.8. Are carbon dioxide emissions from the combustion of biologically sequestered carbon (i.e. carbon dioxide emissions from burning biomass/biofuels) relevant to your company? No No Yes NA
8.8a. Please provide the emissions in metric tonnes CO2e 0.01 NA 27263000 NA
Management 4. Attachments NA https://www.cdproject.net/Sites/2012/51/19051/Investor CDP 2012/Shared Documents/Attachments/InvestorCDP2012/4.Communication/Climate Change, Our Approach and PACT.doc NA NA
Management 4. Have you published information about your company’s response to climate change and GHG emissions performance for this reporting year in other places than in your CDP response? NA 13 NA NA
5.1d. Please describe (i) the potential financial implications of the risk before taking action; (ii) the methods you are using to manage this risk; and (iii) the costs associated with these actions NA Adaptation risk, incorporating the identified climate change physical risks for Australia, New Zealand and the Pacific, has direct and indirect financial implications for Westpac (note the primary impact of this risk has been listed in the table above as NA NA
2. Attachments NA NA NA NA
2. Further Information NA - Submission to Senate Standing Committee on Environment & Communications Inquiry into Carbon Credits (Carbon Farming Initiative) Bill 2011; Carbon Credits (Consequential Amendments) Bill 2011 & Australian National Registry of Emissions Units Bill 2011;- NA NA
5.1c Identified climate change risks driven by change in physical climate parameters? NA Yes NA NA
2.1. Please select the option that best describes your risk management procedures with regard to climate change risks and opportunities NA Integrated into multi-disciplinary company wide risk management processes NA NA
2.1a. Please provide further details (see guidance) NA Climate change risks & opportunities are identified & prioritised via traditional risk management mechanisms & specialised processes. High risk & opportunity items are reported to relevant Board committees & managed by relevant divisional governance forum NA NA
2.2. Is climate change integrated into your business strategy? No Yes Yes NA
2.2a. Please describe the process and outcomes (see guidance) NA i) Westpac’s sustainability strategy development, inc our climate change approach, is dually linked to our business strategy.1. Explicit inclusion of sustainability leadership, including our climate change response, as a strategic goal to deliver our visi NA NA
2.2b. Please explain why not NA NA NA NA
2.3. Do you engage with policy makers to encourage further action on mitigation and/or adaptation? No Yes Yes NA
3. Attachments NA NA NA NA
3. Further Information NA NA NA NA
3.1. Did you have an emissions reduction target that was active (ongoing or reached completion) in the reporting year? No Absolute target Absolute and intensity targets NA
14.1. Do you participate in any emission trading schemes? No, and we do not currently anticipate doing so in the next two years No, and we do not currently anticipate doing so in the next two years Yes NA
14.2. Has your company originated any project-based carbon credits or purchased any within the reporting period? No Yes Yes NA
6.1g. Please explain why you do not consider your company to be exposed to opportunities driven by changes in regulation that have the potential to generate a substantive change in your business operations, revenue or expenditure NA NA NA NA
6.1h. Please explain why you do not consider your company to be exposed to opportunities driven by physical climate parameters that have the potential to generate a substantive change in your business operations, revenue or expenditure NA NA NA NA
6.1i. Please explain why you do not consider your company to be exposed to opportunities driven by changes in other climate-related developments that have the potential to generate a substantive change in your business operations, revenue or expenditure NA NA NA NA
7. Attachments NA NA NA NA
7. Further Information NA NA NA NA
7.1. Please provide your base year and base year emissions (Scopes 1 and 2) NA NA NA NA
0.4. Currency selection Please select the currency in which you would like to submit your response. All financial information contained in the response should be in this currency. NA AUD ($) NA NA
1. Attachments NA NA NA NA
1. Further Information NA NA NA NA
8.7. Please indicate the verification/assurance status that applies to your Scope 2 emissions More than 0% but less than or equal to 20% NA More than 90% but less than or equal to 100% NA
11.1b. Explain the basis of the alternative figure (see guidance) The figure reported is based on applying the emissions factor for electricity consumed in the Australian states of NSW, QLD, VIC, WA and SA (carbon emission conversion factors of 0.9, 0.89, 1.23, 0.82 and 0.72 kgCO2e / kWh respectively). It is based on ou NA
14.1b. What is your strategy for complying with the schemes in which you participate or anticipate participating? NA NA
8.1. Please select the boundary you are using for your Scope 1 and 2 greenhouse gas inventory NA NA NA NA
8.2a. Please provide your gross global Scope 1 emissions figure in metric tonnes CO2e 92 NA 231902967 NA
8.3a. Please provide your gross global Scope 2 emissions figure in metric tonnes CO2e 293 NA 8071070 NA
8.4. Are there are any sources (e.g. facilities, specific GHGs, activities, geographies, etc.) of Scope 1 and Scope 2 emissions which are not included in your disclosure? NA Yes NA NA
8.6. Please indicate the verification/assurance status that applies to your Scope 1 emissions More than 0% but less than or equal to 20% NA More than 90% but less than or equal to 100% NA
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8.8a. Please provide the emissions in metric tonnes CO2e 0.05 NA 13638000
0.4. Currency selection Please select the currency in which you would like to submit your response. All financial information contained in the response should be in this currency. AUD ($)
0.6. Modules NA As part of the Investor CDP information request, electric utilities, companies with electric utility activities or assets, companies in the automobile or auto component manufacture sectors and companies in the oil and gas industry should complete suppleme
1. Attachments NA https://www.cdproject.net/sites/2013/51/19051/Investor CDP 2013/Shared Documents/Attachments/InvestorCDP2013/1.Governance/BoardCharter.pdf NA
1. Further Information NA NA NA
1.1. Where is the highest level of direct responsibility for climate change within your company? No individual or committee with overall responsibility for climate change Individual/Sub-set of the Board or other committee appointed by the Board Individual/Sub-set of the Board or other committee appointed by the Board
1.2. Do you provide incentives for the management of climate change issues, including the attainment of targets? No Yes Yes
11. Attachments NA NA NA
11. Further Information NA Question 11.3 only refers to energy consumed by Australia operations which represents 84% of energy consumed by the Group. This is due to the differing data management procedures across the Group. NA
11.1. What percentage of your total operational spend in the reporting year was on energy? More than 0% but less than or equal to 5% More than 0% but less than or equal to 5% More than 95% but less than or equal to 100%
12. Attachments NA
12. Further Information NA
12.1. How do your absolute emissions (Scope 1 and 2 combined) for the reporting year compare to the previous year? Decreased
12.1a Reason of change Emissions reduction activities, Divestment, Acquisitions, Mergers, Change in output, Change in methodology, Change in boundary, Change in physical operating conditions, Unidentified, Other
14. Attachments NA NA NA
14. Further Information NA NA NA
14.1. Do you participate in any emission trading schemes? No, and we do not currently anticipate doing so in the next two years No, and we do not currently anticipate doing so in the next 2 years Yes
14.1b. What is your strategy for complying with the schemes in which you participate or anticipate participating? NA
14.2. Has your company originated any project-based carbon credits or purchased any within the reporting period? No Yes Yes
2. Attachments NA https://www.cdproject.net/sites/2013/51/19051/Investor CDP 2013/Shared Documents/Attachments/InvestorCDP2013/2.Strategy/Position_statement_on_sustainable_finance.pdf NA
2. Further Information NA NA NA
2.1. Please select the option that best describes your risk management procedures with regard to climate change risks and opportunities NA Integrated into multi-disciplinary company wide risk management processes NA
2.1a. Please provide further details (see guidance) NA Climate change risks & opportunities are identified & prioritised via traditional risk management mechanisms as well as specialised processes. Climate change has been considered in these processes for over 10 yrs. The scope of these process are ad NA
2.2. Is climate change integrated into your business strategy? No Yes Yes
2.2a. Please describe the process and outcomes (see guidance) NA i) Explicit inclusion of sustainability leadership, including climate change, is necessary to deliver WBC’s vision “to be one of the world’s great companies, helping our customers, communities & people to prosper & grow”. This vision guides all st NA
2.2b. Please explain why not NA NA NA
2.3. Do you engage in activities that could either directly or indirectly influence policy on climate change through any of the following? (tick all that apply) Yes
2.3a. Please explain (i) the engagement process and (ii) actions you are advocating NA We are engaged in ongoing consultation on various technical design aspects of the implementation of the Aus Carbon Price Mechanism under the Clean Energy Act & the ongoing refinement of the NZ ETS. In Australia these relate to the functioning of the m NA
2.3b. Are you on the Board of any trade associations or provide funding beyond membership? Yes
2.3d. Do you publically disclose a list of all the research organizations that you fund? Yes
3. Attachments NA NA NA
3. Further Information NA NA NA
3.1. Did you have an emissions reduction target that was active (ongoing or reached completion) in the reporting year? No Absolute target Absolute and intensity targets
3.1e. Please explain (i) why not; and (ii) forecast how your emissions will change over the next five years NA NA NA
3.2. Does the use of your goods and/or services directly enable GHG emissions to be avoided by a third party? No Yes Yes
3.2a. Please provide details (see guidance) NA The use of WBC’s goods & services directly enables third parties to avoid GHG emissions by helping customers adapt to environmental challenges. Specific products that enable GHG emissions to be avoided by our customers include our stake in ArkX which NA
3.3c Number of methods used to drive investment in emissions reduction activities. 0 8 13 Number of methods used to drive investment in emissions reduction activities.
3.3c. What methods do you use to drive investment in emissions reduction activities? NA Compliance with regulatory requirements/standards, Dedicated budget for energy efficiency, Internal incentives/recognition programs, Employee engagement, Other, Internal price of carbon, Other, Other NA
4. Attachments NA
4. Have you published information about your company’s response to climate change and GHG emissions performance for this reporting year in other places than in your CDP response? - Further Information NA
4.1. Have you published information about your company’s response to climate change and GHG emissions performance for this reporting year in other places than in your CDP response? 18 The number of corporate annual reports and voluntary publications (complete and/or underway) made about the company’s response to climate change and GHG emissions performance
5. Attachments NA NA NA
5. Further Information NA NA NA
5.1. Have you identified any climate change risks (current or future) that have potential to generate a substantive change in your business operations, revenue or expenditure? Tick all that apply NA Risks driven by changes in regulation; Risks driven by changes in physical climate parameters; Risks driven by changes in other climate-related developments NA
5.1a. Climate change risks driven by changes in regulation Yes
5.1c. Climate change risks driven by change in physical climate parameters Yes
5.1d. Please describe (i) the potential financial implications of the risk before taking action; (ii) the methods you are using to manage this risk; and (iii) the costs associated with these actions NA Each of the physical risks outlined above have direct and indirect implications for Westpac (note the primary impact of this risk has been listed in the table above as direct or indirect although both exist). Operational Risk (direct impacts to own operat NA
5.1e.Climate change risks driven by changes in other climate-related developments Yes
5.1f. Please describe (i) the potential financial implications of the risk before taking action; (ii) the methods you are using to manage this risk; (iii) the costs associated with these actions NA Reputation and changing consumer behaviour (1RR &2RR)(i) Whilst the majority of stakeholder concerns are related to activities undertaken in WIB the reputational risks arise primarily through the retail networks and to a lesser extent via shareholder NA
5.1g. Please explain why you do not consider your company to be exposed to risks driven by changes in regulation that have the potential to generate a substantive change in your business operations, revenue or expenditure NA NA NA
5.1h. Please explain why you do not consider your company to be exposed to risks driven by physical climate parameters that have the potential to generate a substantive change in your business operations, revenue or expenditure NA NA NA
5.1i. Please explain why you do not consider your company to be exposed to risks driven by changes in other climate-related developments that have the potential to generate a substantive change in your business operations, revenue or expenditure NA NA NA
6. Attachments NA NA NA
6. Further Information NA NA NA
6.1. Have you identified any climate change opportunities (current or future) that have the potential to generate a substantive change in your business operations, revenue or expenditure? Tick all that apply NA Opportunities driven by changes in regulation; Opportunities driven by changes in physical climate parameters; Opportunities driven by changes in other climate-related developments NA
6.1. Have you identified any climate change opportunities (current or future) that have the potential to generate a substantive change in your business operations, revenue or expenditure? -Transparency Yes
6.1a Identified climate change opportunities that are driven by changes in regulation? NA Yes NA
6.1c. Please describe the opportunities that are driven by changes in physical climate parameters Yes
6.1e. Please describe the opportunities that are driven by changes in other climate-related developments Yes
6.1f. Please describe (i) the potential financial implications of the opportunity; (ii) the methods you are using to manage this opportunity; (iii) the costs associated with these actions NA Reputation (1OP & 2OP)(i)Brand differentiation opportunities associated with climate change are evident through our retail banking business via customer & NGO correspondence & campaigning, & also apply across all business & institution NA
6.1g. Please explain why you do not consider your company to be exposed to opportunities driven by changes in regulation that have the potential to generate a substantive change in your business operations, revenue or expenditure NA NA NA
6.1h. Please explain why you do not consider your company to be exposed to opportunities driven by physical climate parameters that have the potential to generate a substantive change in your business operations, revenue or expenditure NA NA NA
6.1i. Please explain why you do not consider your company to be exposed to opportunities driven by changes in other climate-related developments that have the potential to generate a substantive change in your business operations, revenue or expenditure NA NA NA
7. Attachments NA NA NA
7. Further Information NA NA NA
8.2. Please provide your gross global Scope 1 emissions figure in metric tonnes CO2e NA Gross global Scope 1 emissions figure in metric tonnes CO2e for 2011 - 2012/01 Jan 2012 - 31 Dec 2012 reporting period
8.3. Please provide your gross global Scope 2 emissions figures in metric tonnes CO2e NA
8.4. Are there are any sources (e.g. facilities, specific GHGs, activities, geographies, etc.) of Scope 1 and Scope 2 emissions which are not included in your disclosure? NA Yes NA Proportion of Scope 1 emissions that are verified/assured for 2011 - 2012/01 Jan 2012 - 31 Dec 2012 reporting period
2013 Performance Band E A A NA
2013 Score 0 91 100 NA
0. Attachments NA NA NA If you have not been presented with a sector module that you consider would be appropriate for your company to answer, please select the module below. If you wish to view the questions first, please see https://www.cdproject.net/en-US/Programmes/Pages/Mor
0. Further Information NA NA NA If you are in these sectors (according to the Global Industry Classification Standard (GICS)), the corresponding sector modules will be marked as default options to your information request. If you want to query your classification, please email respond@c
0.1. Introduction - Please give a general description and introduction to your organization. NA The Westpac Group (“Westpac”) is a financial services company with operations in Australia, New Zealand (NZ), the United Kingdom (UK) and the near Pacific region and maintains offices in other key financial centres around the world. Westpac is ranked in t NA
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Reported Scope 3 Total (tCO2e) 670000000 51860 0 Indicated the total reported Scope 3 (all other indirect emissions) of the company in metric tonnes of CO2 equivalent (tCO2e) as defined by the Greenhouse Gas Protocol. Where no Scope 3 emissions are reported, this is recorded as "No Data"
Scope 1+2 Intensity 11162.43 4.29 0.3 Intensity is calculated by adding together a company's Scope 1 and Scope 2 emissions and dividing by its turnover.
Global 800 Carbon Rank 800 360 1 Carbon Ranking of 800 international companies. Ranking is determined by EIO Methodology. See Source Info sheet for comments on it
No. of Scope 3 Categories Reported 1 4 15 This column indicates the number of Scope 3 Categories reported. Once placed into one of the four Disclosure Categories, companies are ranked by the number of Scope 3 categories disclosed.
Reported Scope 1+2 Total (tCO2e) 282000000 188523 843 The total reported Scope 1 (all direct emissions) and Scope 2 (indirect electricity emissions) of the company in metric tonnes of CO2 equivalent (tCO2e) as defined by the Greenhouse Gas Protocol
Accepted or Inferred Scope 3 Intensity 8547.13 531.72 64.51 Unless the company reports all 15 Scope 3 categories as defined by the Greenhouse Gas Protocol Corporate Value Chain (Scope 3) Standard, an inferred figure based on the highest reported intensity for that sector, across the Global ET Universe, is shown
Category No Public Data Orange Public, Complete, and Verified data Companies are placed into one of four data or 'disclosure' categories: 1) Public, Complete, and Verified data; 2) Public, Complete, and Unverified data; 3) Public, Incomplete, Verified or Unverified data; 4) No Public Data
Combined Scope 1+2+3 Intensity 12161.68 270.15 34.24 Combined Scope 1+2_3 Intensity is calculated by adding together a company's Scope 1 and Scope 2 emissions at 100% (disclosed or inferred) + 50% of Scope 3 emissions (disclosed or inferred).
Market Value ($Million) 1667.87 83908 358143.1 A company's market value, or market capitalism (number of shares times x share price). This value was taken on 23.08.2011
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Description NA Description of the company's product.
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ceo:numberOfRatings 1 28 4026 The number of ratings of the CEO
ceo:pctApprove 0 75 100 Percent of ratings of the CEO that were approving
ceo:title NA The title of the company's CEO
employer:numberOfRatings 1 48 6549 The number of Glassdoor users who have rated this company as a place to work.
Glassdoor Employer Ratings 1 3.2 5 The Top Companies for Work-Life Balance list is based on employee feedback shared in company reviews on Glassdoor.
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CO2 Productivity 607.9556 236759.0954 5209401.5137 NA
Leadership Diversity 0 8.33333333333333E-02 0.5 NA
Rank 100 10 1 NA
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Report reference ISO Standards? NA NA NA NA
Sector NA Retailers NA NA
Country (HQ) NA United States of America NA NA
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Guidelines NA GRI - G3 NA This field indicates which version of the GRI Guidelines is used for the reporting. As of publication year 2009, GRI only includes reporting that makes use of the G3 Guidelines, which were released in October 2006.
Integrated No No Yes GRI currently has two classifications for defining organization size: 'SME' and 'Large'. SME stands for Small- and Medium-sized Enterprises. GRI follows the definition for SMEs as set by the European Union: SMEs have 250 employees or less and have a yearl
Publication Year 2013 GRI currently has two classifications for defining organization size: 'SME' and 'Large'. SME stands for Small- and Medium-sized Enterprises. GRI follows the definition for SMEs as set by the European Union: SMEs have 250 employees or less and have a yearl
Region NA Oceania NA Region the organization operates in.
Report Html Address NA NA NA URL of the report location.
Report Pdf Address NA http://www.westpac.com.au/docs/pdf/aw/ic/2013_Annual_Review_and_Sustainability_Report.pdf NA Location of a PDF version of the report.
Report Title NA 2013 Annual Review & Sustainability Report NA Title of the report.
Sector NA Financial Services NA Industry sector.
Sector Supplements (Final) NA Financial Services NA This field indicates if the reporting organization has made use of one of the final Sector Supplements and which one. If ‘not used’ is indicated, it means that one of the final Sector Supplements is applicable, but has not been used. If ‘not applicable’ i
Size NA MNE NA GRI currently has two classifications for defining organization size: 'SME' and 'Large'. SME stands for Small- and Medium-sized Enterprises. GRI follows the definition for SMEs as set by the European Union: SMEs have 250 employees or less and have a yearl
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Envtl. Mgmt. 28.6 68.3 91.9 Based on an analysis of companies tracked in Sustainalytics’ Global Platform, the Environmental Management Score is an assessment of how a company manages its environmental performance through policies, programs, targets, certifications, and the like. To
Green Score 0 76.4 100 NA
Rank 500 29 1 NA
Disclosure 0 83.4 100 Environmental disclosure was included as a stand-alone score to assess each company’s transparency with regard to its environmental performance. Specifically, this score evaluates the breadth and quality of company environmen
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Carbon Productivity 0.015 0.641 0.963 GHG Productivity defined as Revenue ($US) / Total Greenhouse gas (GHG) Emissions (CO2e).
Energy Productivity 0.007 0.841 0.957 Energy Productivity defined as Revenue ($US) / Total Energy Consumption (GJ).
Newsweek Green Score 0.0 0.672 0.843 This score is derived from the following component scores: an Energy Productivity,Carbon Productivity, Water Productivity, Waste Productivity, Reputation, Pay Link, Sustainability Themed Committee, Audit ; weighted at 45 percent, 45 percent, and 10 percen
Pay Link No Yes Yes A mechanism to link the remuneration of any member of a company's senior executive team with the achievement of environmental performance targets.
Rank 500 26 1
Reputation 0.005 0.152 1 The Reputation score is made up of two components: (1) The RepRisk Index, which is a quantitative measure that captures criticism and quantifies a company exposure to ESG risks. (2) The second component is based on the number of environmental issues that
Sustainability Themed Committee No Yes Yes The existence of a committee at the Board of Directors level whose mandate is related to the sustainability of the company, including but not limited to environmental matters.
Waste Productivity 0.014 0.677 0.97 Waste Productivity is defined as Revenue ($US) / [Total waste generated (metric tonnes) – waste recycled/reused (metric tonnes)].
Water Productivity 0.012 0.787 0.992 Water Productivity is defined as Revenue ($US) / Total water use (m3).
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Corporate Governance 3 2.5 0 The scores for each ESG scope issue ranges from 0-3. The scoring refers to the number of times the company was criticized in relation to that scope issue: 0 = little or no exposure in the past 4 years; 1 = 5 direct relations in the past 4 years; 2 = 10 direct relations in the past 4 years; 3 = 20 direct relations in the past 4 years.
Current RRI 86 29 0 The RepRisk Index (RRI) is a quantitative risk measure that captures criticism and quantifies a company's exposure to controversial environmental, social and governance (ESG) issues. It does not measure a company's overall reputation, but rather is an indicator of their reputational risk.The Current RRI value indicates the current level of criticism about a company.
Employee Relations 3 0.4 0 The scores for each ESG scope issue ranges from 0-3. The scoring refers to the number of times the company was criticized in relation to that scope issue: 0 = little or no exposure in the past 4 years; 1 = 5 direct relations in the past 4 years; 2 = 10 direct relations in the past 4 years; 3 = 20 direct relations in the past 4 years.
Environmental FootPrint 3 2.2 0 The scores for each ESG scope issue ranges from 0-3. The scoring refers to the number of times the company was criticized in relation to that scope issue: 0 = little or no exposure in the past 4 years; 1 = 5 direct relations in the past 4 years; 2 = 10 direct relations in the past 4 years; 3 = 20 direct relations in the past 4 years.
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include_continued_support_statement 0 1 1 NA
additional_questions 0 0 1 NA
cop_web_link NA http://www.unglobalcompact.org/COPs/detail/19761 NA NA
created_at NA 39780.2258 NA NA
differentiation NA active NA NA
ends_on NA 39691 NA NA
include_measurement 0 1 1 NA
meets_advanced_criteria 0 0 1 NA
method_shared NA gc_website NA NA
references_anti_corruption 0 1 1 NA
references_environment 0 1 1 NA
references_human_rights 0 1 1 NA
references_labour 0 1 1 NA
starts_on NA 39355 NA NA
title NA Communication on Progress NA NA
updated_at NA 39780.2258 NA NA
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include_measurement 0 1 1 Does your COP identify targets, define performance indicators and measure outcomes?
references_anti_corruption 0 1 1 Does your COP contain description of actions, and when relevant policies, related to anti-corruption?
references_environment 0 1 1 Does your COP contain description of actions, and when relevant policies, related to the environment?
references_human_rights 0 1 1 Does your COP contain description of actions, and when relevant policies, related to human rights?
references_labour 0 1 1 Does your COP contain description of actions, and when relevant policies, related to labour rights?
starts_on NA 10/01/2012 NA Start Date
differentiation NA active NA At what level is the declarer?
ends_on NA 09/01/2013 NA End Date
format NA sustainability_report NA How is your COP shared with stakeholders?
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WeGreen
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Weighted score 1.2 2.2 5.9

Flags

(Other Indicators - things that don’t affect ratings but that help identify or classify companies)

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