release time:

2014-01-23 20: 25: 08

source:

Australia Daily

Editor in charge: Catherine

(From this newspaper) Westpac was named the world's most sustainable company at the World Economic Forum in Davos, Switzerland.


A few days ago, global business leaders and political leaders attended the World Economic Forum held in Davos, Switzerland, including Westpac CEO Gail Kelly and Australian Prime Minister Tony Abbott.


Kelly said in a speech at the forum that Westpac's efforts to fulfill its social, environmental and economic responsibilities have been recognized. She said: "I am very pleased that Westpac's sustainability has been so highly evaluated globally."


Corporate Knights Inc. and Innovest Strategic Value Advisors Inc, an international investment research company, published their 9th annual results of the top XNUMX companies with the most sustainable development capabilities at the World Economic Forum in Davos. Westpac ranked first on the list. This was followed by Biogen, a biotechnology company in the United States, Outotec Oyj, a mining technology and capital goods company in Finland, and Statoil, a Norwegian oil giant.


ANZ, Commonwealth Bank of Australia (CBA), Stockland and Wesfarmers are other Australian companies on the list, ranking 19, 25, 32 and 92 respectively.


Westpac Bank was established in 1817 and was the first bank and company in Australia. Corporate Knights, a research company headquartered in Toronto, Canada, stated in a statement: “West Pacific Bank is Australia’s oldest bank. It is the first bank to join the Australian Government’s Greenhouse Challenge Plus (Greenhouse Challenge Plus). The first Australian financial institution to create a matching donation plan."


In its "2017 Sustainability Strategy", Westpac pledged to allocate 60 billion yuan in loans to invest in clean technology and environmental services. At the same time, it will also allocate 20 billion to invest in social and affordable housing.


Kelly pointed out: "We are trying to create a sustainable future and bring long-term value to our customers, employees, shareholders and communities. These efforts are now recognized and I am very happy."


Toby Heaps, CEO of Corporate Knights, said that the overall performance of the 100 most sustainable companies in the world over the past year was 3.2% higher than the average of all companies. The top XNUMX companies are at a leading level compared with companies in the same industry in terms of environmental management, social management, and governance risks and opportunities.


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