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Public Profile
Financial Intermediation
AU
updated 2 months ago

Westpac Securities Limited Sustainability Profile

Company website

Westpac Securities Limited, a prominent player in the Australian financial services sector, is headquartered in Australia. Founded in 1817, the company has established itself as a key provider of investment and trading solutions, catering to both retail and institutional clients. With a strong presence across major operational regions in Australia and New Zealand, Westpac Securities offers a diverse range of services, including equities trading, fixed income, and foreign exchange. What sets Westpac Securities apart is its commitment to innovation and customer service, providing clients with cutting-edge trading platforms and expert market insights. The firm has achieved notable milestones, including recognition for its robust risk management practices and a strong market position within the competitive landscape of securities trading. As a trusted name in the industry, Westpac Securities Limited continues to shape the future of investment in the region.

DitchCarbon Score

How does Westpac Securities Limited's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

66

Industry Average

Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

29

Industry Benchmark

Westpac Securities Limited's score of 66 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.

82%

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Westpac Securities Limited's reported carbon emissions

Inherited from Westpac Banking Corporation

Westpac Securities Limited, headquartered in Australia, currently does not report specific carbon emissions data for the most recent year, as no emissions figures are available. The company is a current subsidiary of Westpac Banking Corporation, which may influence its climate commitments and reporting practices. While Westpac Securities Limited lacks direct emissions data, it is important to note that its parent company, Westpac Banking Corporation, has established various climate initiatives and commitments. These include targets set under the Science Based Targets initiative (SBTi) and participation in the Carbon Disclosure Project (CDP), which aim to enhance transparency and accountability in emissions reduction efforts. As a subsidiary, Westpac Securities Limited may align its climate strategies with those of Westpac Banking Corporation, which has committed to significant sustainability goals. However, specific reduction targets or achievements for Westpac Securities Limited itself have not been disclosed. In summary, while Westpac Securities Limited does not provide specific emissions data or reduction targets, it is positioned within a corporate structure that prioritises climate action through the initiatives of its parent company, Westpac Banking Corporation.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20082015201620172018201920202021202220232024
Scope 1
10,823,000
000,000,000
-
-
-
-
-
0,000,000
0,000,000
0,000,000
0,000,000
Scope 2
188,780,000
-
-
-
-
-
-
00,000,000
00,000,000
00,000,000
0,000,000
Scope 3
-
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000

How Carbon Intensive is Westpac Securities Limited's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Westpac Securities Limited's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Westpac Securities Limited's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Westpac Securities Limited is in AU, which has a very high grid carbon intensity relative to other regions.

Westpac Securities Limited's Scope 3 Categories Breakdown

Westpac Securities Limited's Scope 3 emissions, which decreased by 6% last year and decreased by approximately 16% since 2015, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Upstream Transportation & Distribution" representing nearly all of their reported Scope 3 footprint.

Top Scope 3 Categories

2024
Upstream Transportation & Distribution
122%

Westpac Securities Limited's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

Westpac Securities Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Westpac Securities Limited's Emissions with Industry Peers

Share Investing Limited

AU
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 2 months ago

Commonwealth Securities Limited

AU
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 18 days ago

Halo Technologies Holdings Limited

AU
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 16 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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