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OrganisationsWestpac Banking Corporation - New Zealand Banking Group
Westpac Banking Corporation - New Zealand Banking Group logo

Westpac Banking Corporation - New Zealand Banking Group

Financial IntermediationNew Zealand
Last verified 1 year agowestpac.co.nz

Westpac Banking Corporation, commonly referred to as Westpac, is a prominent financial institution headquartered in New Zealand. Established in 1861, Westpac has evolved into a leading player in the banking sector, offering a comprehensive range of services across personal, business, and institutional banking. With a strong presence in major operational regions including Auckland, Wellington, and Christchurch, Westpac is well-positioned to serve the diverse needs of its customers.

The bank's core products encompass everyday banking, loans, investment services, and insurance, distinguished by their commitment to customer service and innovative digital solutions. Westpac has achieved notable milestones, including recognition for its sustainability initiatives and community engagement efforts. As a trusted name in New Zealand's banking landscape, Westpac continues to uphold its reputation for reliability and excellence in financial services.

74
DitchCarbon score

+39 vs industry average

Westpac Banking Corporation - New Zealand Banking Group’s score of 74 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Very Low

Financial Intermediation is among the least carbon-intensive industries

Industry performance

0.062
20192025

The Financial Intermediation industry has increased its overall emissions by 11% since 2019

Reported emissions

No reported emissions data is available for Westpac Banking Corporation - New Zealand Banking Group yet.

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Westpac Banking Corporation - New Zealand Banking Group’s Climate Goals (2030 & 2050)

No climate goals have been disclosed for Westpac Banking Corporation - New Zealand Banking Group yet.

Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

Inherited from Westpac Banking Corporation
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Not active
CDP

Carbon Disclosure Project

Inherited from Westpac Banking Corporation
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Active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

Inherited from Westpac Banking Corporation
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Not active
RE 100

RE 100

Inherited from Westpac Banking Corporation
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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Westpac Banking Corporation - New Zealand Banking Group logoWestpac Banking Corporation - New Zealand Banking Group
NZFinancial Intermediation
1 year ago
74
Anz Bank logoAnz Bank
AUFinancial Intermediation
2 days ago
80
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Suncorp logoSuncorp
AUInsurance Services
26 days ago
73
View
Perpetual logoPerpetual
AUFinancial Intermediation
26 days ago
69
View
Nab logoNab
AUFinancial Intermediation
10 days ago
67
View
Commbank logoCommbank
AUFinancial Intermediation
3 days ago
67
View
Bendigo And Adelaide Bank logoBendigo And Adelaide Bank
AUFinancial Intermediation
26 days ago
65
View

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Ditchcarbonv260319.2
[email protected]+44 203 475 7875

Ditch Carbon Ltd

167-169 Great Portland Street

London W1W 5PF

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