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.
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.
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.
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.
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.
Access structured emissions data, company-specific emission factors, and source documents
| 2008 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 
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.
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.