Westpac ranked world's most sustainable company
Australia's first bank Westpac has been ranked number one in ‘Global 100 Most Sustainable Corporations in the World’ at the World Economic Forum in Davos, Switzerland.
The Global 100 is a data-driven corporate sustainability assessment published annually since 2005 by Corporate Knights, an independent media and investment research company based in Toronto, Canada.
Speaking from Davos, Westpac chief executive, Gail Kelly, said: “It is wonderful recognition of the work of our people to help create a sustainable future and deliver long term value for our customers, employees, shareholders and the community.”
As part of its 2017 sustainability strategy, Westpac says it is committed to finding ways to create a better future for the people who bank with, work with or invest in the Group, or are part of its wider community.
Performance achievements in 2013 include its employee engagement level which rose to its highest level of 87%, above the high global high performing norm of 85%, while 42% of Westpac’s leadership roles are now held by women. Westpac Group’s diversity and flexibility survey also indicated that 62% of respondents used some form of flexible work arrangement, up from 18% in 2010.
See here for a full list of Westpac's sustainability achievements.