As you read this, Westpac is rewriting its climate change policy. And it clearly needs an upgrade.
Shareholders have a powerful voice and you can use this form to contact the head of Westpac’s investor relations now. Tell Westpac to set a policy that aligns with keeping global warming below 1.5 degrees.
Over the last four years, despite committing to the Paris Agreement goals, Westpac has loaned $5.4 billion to fossil fuels, including coal mine expansions and companies undermining climate action like Whitehaven Coal and Origin Energy.
If Westpac wants its commitment to the Paris climate goals to mean anything, at the very least it must rule out funding any new fossil fuel projects. Take action!