{"id":42885,"date":"2020-07-04T13:10:49","date_gmt":"2020-07-04T03:10:49","guid":{"rendered":"https:\/\/www.marketforces.org.au\/?page_id=42885"},"modified":"2025-12-17T16:04:08","modified_gmt":"2025-12-17T05:04:08","slug":"westpac","status":"publish","type":"page","link":"https:\/\/www.marketforces.org.au\/campaigns\/banks\/westpac\/","title":{"rendered":"Westpac &#8211; behind the spin Westpac is funding climate collapse"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Section 1 &#8211; Banner&#8221; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; background_image=&#8221;https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2025\/12\/Westpac-banner-with-helicopter.jpg&#8221; module_alignment=&#8221;center&#8221; min_height=&#8221;350px&#8221; height_tablet=&#8221;&#8221; height_phone=&#8221;&#8221; height_last_edited=&#8221;on|phone&#8221; custom_margin=&#8221;||||false|false&#8221; bottom_divider_color=&#8221;#FFFFFF&#8221; bottom_divider_flip=&#8221;vertical&#8221; collapsed=&#8221;on&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row use_custom_gutter=&#8221;on&#8221; gutter_width=&#8221;4&#8243; make_equal=&#8221;on&#8221; _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; width=&#8221;1080px&#8221; width_tablet=&#8221;1080px&#8221; width_phone=&#8221;100%&#8221; width_last_edited=&#8221;on|desktop&#8221; custom_padding=&#8221;0px||0px||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#FFFFFF&#8221; custom_padding=&#8221;30px|44px|30px|44px|false|false&#8221; custom_css_main_element=&#8221;width: fit-content !important;||margin-left: 0 !important;&#8221; global_colors_info=&#8221;{}&#8221; custom_css_main_element_last_edited=&#8221;on|desktop&#8221; custom_css_main_element_phone=&#8221;width: 100% !important;||margin-left: 0 !important;&#8221; custom_css_main_element_tablet=&#8221;width: fit-content !important;||margin-left: 0 !important;&#8221;][et_pb_text _builder_version=&#8221;4.19.4&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;|600||on|||||&#8221; text_text_color=&#8221;#fa6d6d&#8221; text_letter_spacing=&#8221;0.2px&#8221; custom_margin=&#8221;||10px|||&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Campaigns<\/p>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; header_font=&#8221;|900|||||||&#8221; header_line_height=&#8221;1.08em&#8221; custom_margin=&#8221;||0px|||&#8221; header_font_size_tablet=&#8221;48px&#8221; header_font_size_phone=&#8221;42px&#8221; header_font_size_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h1>Westpac<\/h1>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; header_2_font=&#8221;Inter|800|||||||&#8221; header_2_text_color=&#8221;#131313&#8243; header_2_font_last_edited=&#8221;off|phone&#8221; header_2_font_size_tablet=&#8221;&#8221; header_2_font_size_phone=&#8221;23px&#8221; header_2_font_size_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h4>Behind the <em>spin<\/em>, Westpac is funding climate collapse<\/h4>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Left cntents + Right Form&#8221; _builder_version=&#8221;4.19.4&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;0px||30px|||&#8221; bottom_divider_color=&#8221;#fafafa&#8221; bottom_divider_height=&#8221;37px&#8221; bottom_divider_flip=&#8221;horizontal|vertical&#8221; collapsed=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row column_structure=&#8221;1_2,1_2&#8243; use_custom_gutter=&#8221;on&#8221; gutter_width=&#8221;1&#8243; custom_padding_last_edited=&#8221;on|phone&#8221; _builder_version=&#8221;4.24.0&#8243; _module_preset=&#8221;default&#8221; width=&#8221;100%&#8221; max_width=&#8221;1180px&#8221; custom_margin_tablet=&#8221;&#8221; custom_margin_phone=&#8221;||||false|false&#8221; custom_margin_last_edited=&#8221;on|phone&#8221; custom_padding=&#8221;0px||0px||false|false&#8221; custom_padding_tablet=&#8221;0px||||false|false&#8221; custom_padding_phone=&#8221;0px||||false|false&#8221; custom_css_main_element=&#8221;width: 100%;&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.24.0&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;10px|20px|44px|20px|false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_image src=&#8221;https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2023\/02\/Westpac-Logo-Scribble-150&#215;150-1.png&#8221; title_text=&#8221;Westpac-Logo-Scribble-150&#215;150&#8243; align=&#8221;center&#8221; disabled_on=&#8221;on|on|on&#8221; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;-20px||0px||false|false&#8221; custom_padding=&#8221;0px||0px||false|false&#8221; disabled=&#8221;on&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_text disabled_on=&#8221;on|on|on&#8221; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; header_2_font=&#8221;Inter|900|||||||&#8221; header_2_text_color=&#8221;#131313&#8243; header_2_line_height=&#8221;1.21em&#8221; custom_margin=&#8221;-20px||||false|false&#8221; custom_padding=&#8221;||||false|false&#8221; disabled=&#8221;on&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2 style=\"text-align: center;\">$9.8 billion<\/h2>\n<p>[\/et_pb_text][et_pb_text disabled_on=&#8221;on|on|on&#8221; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; header_2_font=&#8221;Inter|900|||||||&#8221; header_2_text_color=&#8221;#565656&#8243; header_2_line_height=&#8221;1.21em&#8221; custom_margin=&#8221;||||false|false&#8221; custom_padding=&#8221;||40px||false|false&#8221; disabled=&#8221;on&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p style=\"text-align: center;\"><strong>Loaned to dirty fossil fuels globally since 2016<\/strong><\/p>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; text_line_height=&#8221;1.75em&#8221; custom_margin=&#8221;30px||||false|false&#8221; custom_padding=&#8221;||30px||false|false&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>WESTPAC IS <em>STILL<\/em> BACKING FOSSIL FUEL EXPANSION.<\/p>\n<p>Market Forces\u2019 <a href=\"https:\/\/www.marketforces.org.au\/campaigns\/banks\/fossil-fuel-blocklist-report\/\" target=\"_blank\" rel=\"noopener\">latest analysis<\/a> has found that <strong>Westpac alone has provided $7.9 billion to some of the world\u2019s biggest fossil fuel companies since the Paris Agreement in 2016<\/strong> \u2013 and in 2025 continues to back big polluters like BP, Woodside and Santos.<\/p>\n<p><em>What has gone wrong at Westpac?<\/em> The bank used to be the smallest contributor to fossil fuels of the big four banks, <em>and<\/em> <strong>had a policy to block finance to coal, oil and gas expanders in 2025.<\/strong><\/p>\n<p><strong>This year Westpac retracted that policy and doubled down on fossil finance to become Australia\u2019s second biggest funder of fossil fuels!<\/strong><\/p>\n<p>This is no accident. Westpac and its leadership have chosen this path, which is why we need to send them a clear message: <strong><em>Wrong way, go back!<\/em><\/strong><\/p>\n<p>Westpac is financing a new wave of fossil fuel expansion, and continues to open its checkbook to some of the biggest fossil fuel companies in the world. But it doesn\u2019t have to.<\/p>\n<p>Take action today: tell Westpac to live up to its climate commitments, protect communities at the frontlines of the climate crisis and stop financing new fossil fuels.<\/p>\n<p>[\/et_pb_text][et_pb_code _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; hover_enabled=&#8221;0&#8243; sticky_enabled=&#8221;0&#8243;]<iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/9J4dxW8ykgw?si=5Fv1KqVVP8NAfS_L\" title=\"YouTube video player\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>[\/et_pb_code][et_pb_text _builder_version=&#8221;4.24.0&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;Poppins|500|||||||&#8221; text_text_color=&#8221;#b2b2b2&#8243; text_font_size=&#8221;12px&#8221; text_line_height=&#8221;1.5em&#8221; custom_padding=&#8221;20px||||false|false&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Last updated: December 2025<\/p>\n<p>[\/et_pb_text][dssb_sharing_buttons icon_placement=&#8221;icon&#8221; icon_width=&#8221;fixed&#8221; alignment=&#8221;left&#8221; use_custom_icon_size=&#8221;on&#8221; icon_font_size=&#8221;17px&#8221; icon_bg=&#8221;#fa6d6d&#8221; btn_padding=&#8221;||||false|false&#8221; use_sharing_title=&#8221;on&#8221; sharing_title=&#8221;Share&#8221; sharing_title_inline=&#8221;on&#8221; module_class=&#8221;social-share-inline&#8221; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; sharing_title_font=&#8221;|600||on|||||&#8221; width=&#8221;50%&#8221; module_alignment=&#8221;left&#8221; custom_margin=&#8221;||||false|false&#8221; custom_padding=&#8221;10px||0px||false|false&#8221; border_radii_main=&#8221;off|25px|25px|25px|25px&#8221; border_color_all_main=&#8221;#fa6d6d&#8221; border_color_all_icon=&#8221;RGBA(255,255,255,0)&#8221; border_style_all_icon=&#8221;none&#8221; global_colors_info=&#8221;{}&#8221;][dssb_sharing_button social_network=&#8221;linkedin&#8221; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/dssb_sharing_button][dssb_sharing_button _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/dssb_sharing_button][dssb_sharing_button social_network=&#8221;twitter&#8221; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/dssb_sharing_button][dssb_sharing_button social_network=&#8221;email&#8221; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/dssb_sharing_button][\/dssb_sharing_buttons][\/et_pb_column][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.19.4&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#f2f2f2&#8243; custom_padding=&#8221;44px|40px|44px|40px|false|false&#8221; custom_padding_tablet=&#8221;|30px||30px|false|true&#8221; custom_padding_phone=&#8221;|20px||20px|false|true&#8221; custom_padding_last_edited=&#8221;on|tablet&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; header_2_font=&#8221;|800|||||||&#8221; header_2_font_size=&#8221;28px&#8221; header_2_line_height=&#8221;1.21em&#8221; custom_margin=&#8221;||4px|||&#8221; custom_padding=&#8221;||0px||false|false&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>Take action<\/h2>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.24.0&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;||20px||false|false&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Tell Westpac that its Paris Agreement pledge means no new fossil fuels!<\/p>\n<p>[\/et_pb_text][et_pb_code _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;0px|||||&#8221; global_colors_info=&#8221;{}&#8221;]<script type=\"text\/javascript\">\n\/* <![CDATA[ *\/\nvar gform;gform||(document.addEventListener(\"gform_main_scripts_loaded\",function(){gform.scriptsLoaded=!0}),document.addEventListener(\"gform\/theme\/scripts_loaded\",function(){gform.themeScriptsLoaded=!0}),window.addEventListener(\"DOMContentLoaded\",function(){gform.domLoaded=!0}),gform={domLoaded:!1,scriptsLoaded:!1,themeScriptsLoaded:!1,isFormEditor:()=>\"function\"==typeof InitializeEditor,callIfLoaded:function(o){return!(!gform.domLoaded||!gform.scriptsLoaded||!gform.themeScriptsLoaded&&!gform.isFormEditor()||(gform.isFormEditor()&&console.warn(\"The use of gform.initializeOnLoaded() is deprecated in the form editor context and will be removed in Gravity Forms 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aria-required='true'     \/>\n                                                    <label for='input_718_1_6' class='gform-field-label gform-field-label--type-sub '>Last<\/label>\n                                                <\/span>\n                            \n                        <\/div><\/fieldset><div id=\"field_718_3\" class=\"gfield gfield--type-email gfield--input-type-email gfield--width-full gfield_contains_required field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_718_3'>Email<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_text\">(Required)<\/span><\/span><\/label><div class='ginput_container ginput_container_email'>\n                            <input name='input_3' id='input_718_3' type='email' value='' class='large'    aria-required=\"true\" aria-invalid=\"false\"  \/>\n                        <\/div><\/div><fieldset id=\"field_718_4\" class=\"gfield gfield--type-radio gfield--type-choice gfield--input-type-radio gfield--width-full field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  ><legend class='gfield_label gform-field-label' >Are you a Westpac customer or shareholder?<\/legend><div class='ginput_container ginput_container_radio'><div class='gfield_radio' id='input_718_4'>\n\t\t\t<div class='gchoice gchoice_718_4_0'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_4' type='radio' value='Customer' checked='checked' id='choice_718_4_0' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_718_4_0' id='label_718_4_0' class='gform-field-label gform-field-label--type-inline'>Customer<\/label>\n\t\t\t<\/div>\n\t\t\t<div class='gchoice gchoice_718_4_1'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_4' type='radio' value='Both a customer and shareholder'  id='choice_718_4_1' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_718_4_1' id='label_718_4_1' class='gform-field-label gform-field-label--type-inline'>Both a customer and shareholder<\/label>\n\t\t\t<\/div>\n\t\t\t<div class='gchoice gchoice_718_4_2'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_4' type='radio' value='Shareholder'  id='choice_718_4_2' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_718_4_2' id='label_718_4_2' class='gform-field-label gform-field-label--type-inline'>Shareholder<\/label>\n\t\t\t<\/div>\n\t\t\t<div class='gchoice gchoice_718_4_3'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_4' type='radio' value='Neither'  id='choice_718_4_3' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_718_4_3' id='label_718_4_3' class='gform-field-label gform-field-label--type-inline'>Neither<\/label>\n\t\t\t<\/div><\/div><\/div><\/fieldset><div id=\"field_718_7\" class=\"gfield gfield--type-section gfield--input-type-section gsection field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_hidden\"  ><div class=\"admin-hidden-markup\"><i class=\"gform-icon gform-icon--hidden\" aria-hidden=\"true\" title=\"This field is hidden when viewing the form\"><\/i><span>This field is hidden when viewing the form<\/span><\/div><h3 class=\"gsection_title\">Customer<\/h3><\/div><div id=\"field_718_5\" class=\"gfield gfield--type-text gfield--input-type-text gfield--width-full field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_718_5'>Subject<\/label><div class='ginput_container ginput_container_text'><input name='input_5' id='input_718_5' type='text' value='Westpac\u2019s greenwashing and climate negligence has gone too far' class='large'      aria-invalid=\"false\"   \/><\/div><\/div><div id=\"field_718_6\" class=\"gfield gfield--type-textarea gfield--input-type-textarea gfield--width-full field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_718_6'>Your message to Westpac<\/label><div class='ginput_container ginput_container_textarea'><textarea name='input_6' id='input_718_6' class='textarea large'      aria-invalid=\"false\"   rows='10' cols='50'>Dear Anthony Miller and Steven Gregg,\n\nI write to you today as a concerned customer.\n\nMarket Forces has identified 11 fossil fuel company clients of Westpac&#039;s that are objectively misaligned with the goals of the Paris Agreement and therefore, must be ineligible for any new or renewed finance from your bank.\n\nThese clients include: TotalEnergies, BP, Woodside Energy, INPEX, Santos. JERA, Beach Energy, BHP, APA Group, Global Infrastructure Partners and GE Vernova.\n\nThe world\u2019s leading climate and energy bodies \u2013 the UN IPCC and the International Energy Agency \u2013 are unequivocal: to avoid catastrophic warming, production and combustion of fossil fuels must rapidly decline. New or expanded fossil fuel projects are not compatible with the goals of the Paris Agreement and will only serve to exacerbate climate risk. Yet these companies continue to pursue expansion.\n\nAs Westpac now requires climate transition plans from fossil fuel clients as a prerequisite for new finance, these companies cannot credibly demonstrate Paris-alignment and should not be eligible for new or renewed finance.\n\nFinancing any of these companies \u2013 which Westpac knows are not Paris-aligned \u2013 will invite intense scrutiny and heighten regulatory, legal and reputational risk.\n\nFurther, I was shocked and appalled to learn that Westpac\u2019s latest climate policy makes clear the bank is not assessing Scope 3 emissions for fossil fuel clients. For fossil fuel producers, Scope 3 emissions account for the overwhelming majority of their total footprint. Ignoring this removes any pretence of climate alignment.\n\nScope 3 emissions typically account for 90% of an oil and gas producer\u2019s contribution to global warming that is driving the worsening human and economic toll of climate-fuelled heatwaves, bushfires and floods.\n\n\u201cNet-zero plans that exclude Scope 3 emissions (from burning fossil fuels) are incomplete. Now is the time to fast-track, not backtrack. The time for ambition and transparency, not greenwashing.\u201d \u2013 Ant\u00f3nio Guterres, UN Secretary-General, November 2024\n\nIt&#039;s almost as if Ant\u00f3nio Guterres said this specifically for Westpac.\n\nWestpac\u2019s new approach is a massive backtrack \u2013 intentionally offering expansionist fossil fuel companies an escape route from accountability under the pretence of assessing compatibility with a safe climate. This is a huge mistake.\n\nWhat has gone so wrong at Westpac? Why the abrupt shift in stance on climate? Not long ago, the bank was showing signs of leadership:\n\n\u201cWithin five years, maybe earlier, if you don\u2019t have a plan that stacks up - that\u2019s credible and scientifically backed - to transition your business, to adjust your model, or exit what you\u2019re doing, to ensure we get to net zero then you will not be supported, whether that be debt or equity or banking,\u201d \u2013 Anthony Miller, 31 May 2022\n\n\u201c(Westpac) would also continue to provide corporate lending only to customers with credible transition plans in place by 2025.\u201d \u2013 Anthony Miller, 27 July 2022\n\n\u201cA credible transition plan should be developed by reference to the best available science and should include Scope 1, 2 and 3 emissions and actions the company will take to achieve greenhouse gas reductions aligned with pathways to net-zero by 2050, or sooner, consistent with a maximum temperature rise of 1.5\u00b0C above pre-industrial levels by 2100.\u201d \u2013 Westpac\u2019s CTP policy 2022-2025.\n\nWestpac&#039;s new stance falls far short of these statements. It is obvious now that Westpac\u2019s aim is not to \u2018become the transition partner of choice\u2019 \u2013 but be the bank of choice for companies making climate change worse.\n\n\u201cWestpac shifts climate targets and eases path for more lending to gas\u201d \u2013 AFR, May 2025\n\nWestpac used to lend the least to fossil fuels among its peers, but across 2024\u20132025 it accounted for 36% ($1.2 billion) of lending from the big four to fossil fuel companies on Urgewald\u2019s \u2018Global Exit Lists\u2019, leapfrogging CommBank and NAB and now rivaling ANZ as the biggest fossil fuel financier in Australia.\n\nWestpac is now at the back of the pack among the big four banks on climate integrity. In contrast to Westpac, CommBank and NAB are living up to their climate commitments by cutting ties with companies like Woodside, Santos, and BHP. That is what climate leadership looks like \u2013 aligning finance with science, not creating loopholes for big polluters.\n\nIt is clear that under its current policy framework Westpac will continue to bankroll fossil fuel expansion that locks in decades of harm for communities and the climate. This must change.\n\nAs a customer, I call on Westpac to act immediately:\n\n- Reinstate your requirement that all fossil fuel clients have credible, time-bound Paris-aligned transition plans covering Scopes 1\u20133 emission reductions, as a prerequisite to new or renewed finance, and\n- not provide new or renewed finance to any company that is pursuing new or expanded fossil fuel projects including the companies listed above.\n\nAustralians expect better from a bank that claims to take climate change seriously. Reverse this policy failure, close the loopholes, and align your financing with the science and community expectations.\n\nI request a response to my concerns without Westpac resorting to the false claim that gas is a \u201ctransition fuel.\u201d Gas fields, pipelines and LNG terminals lock in 30\u201340 years of emissions at least (the opposite of a time-bound transition), there is no evidence that gas replaces coal use, and support for gas only serves to undermine any genuine transition to renewables.\n\nSincerely,<\/textarea><\/div><\/div><div id=\"field_718_8\" class=\"gfield gfield--type-section gfield--input-type-section gsection field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_hidden\"  ><div class=\"admin-hidden-markup\"><i class=\"gform-icon gform-icon--hidden\" aria-hidden=\"true\" title=\"This field is hidden when viewing the form\"><\/i><span>This field is hidden when viewing the form<\/span><\/div><h3 class=\"gsection_title\">Both a customer and shareholder<\/h3><\/div><div id=\"field_718_9\" class=\"gfield gfield--type-text gfield--input-type-text gfield--width-full field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_718_9'>Subject<\/label><div class='ginput_container ginput_container_text'><input name='input_9' id='input_718_9' type='text' value='Westpac\u2019s greenwashing and climate negligence has gone too far' class='large'      aria-invalid=\"false\"   \/><\/div><\/div><div id=\"field_718_10\" class=\"gfield gfield--type-textarea gfield--input-type-textarea gfield--width-full field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_718_10'>Your message to Westpac<\/label><div class='ginput_container ginput_container_textarea'><textarea name='input_10' id='input_718_10' class='textarea large'      aria-invalid=\"false\"   rows='10' cols='50'>Dear Anthony Miller and Steven Gregg,\n\nI write to you today as a concerned customer and shareholder.\n\nMarket Forces has identified 11 fossil fuel company clients of Westpac&#039;s that are objectively misaligned with the goals of the Paris Agreement and therefore, must be ineligible for any new or renewed finance from your bank.\n\nThese clients include: TotalEnergies, BP, Woodside Energy, INPEX, Santos. JERA, Beach Energy, BHP, APA Group, Global Infrastructure Partners and GE Vernova.\n\nThe world\u2019s leading climate and energy bodies \u2013 the UN IPCC and the International Energy Agency \u2013 are unequivocal: to avoid catastrophic warming, production and combustion of fossil fuels must rapidly decline. New or expanded fossil fuel projects are not compatible with the goals of the Paris Agreement and will only serve to exacerbate climate risk. Yet these companies continue to pursue expansion.\n\nAs Westpac now requires climate transition plans from fossil fuel clients as a prerequisite for new finance, these companies cannot credibly demonstrate Paris-alignment and should not be eligible for new or renewed finance.\n\nFinancing any of these companies \u2013 which Westpac knows are not Paris-aligned \u2013 will invite intense scrutiny and heighten regulatory, legal and reputational risk.\n\nFurther, I was shocked and appalled to learn that Westpac\u2019s latest climate policy makes clear the bank is not assessing Scope 3 emissions for fossil fuel clients. For fossil fuel producers, Scope 3 emissions account for the overwhelming majority of their total footprint. Ignoring this removes any pretence of climate alignment.\n\nScope 3 emissions typically account for 90% of an oil and gas producer\u2019s contribution to global warming that is driving the worsening human and economic toll of climate-fuelled heatwaves, bushfires and floods.\n\n\u201cNet-zero plans that exclude Scope 3 emissions (from burning fossil fuels) are incomplete. Now is the time to fast-track, not backtrack. The time for ambition and transparency, not greenwashing.\u201d \u2013 Ant\u00f3nio Guterres, UN Secretary-General, November 2024\n\nIt&#039;s almost as if Ant\u00f3nio Guterres said this specifically for Westpac.\n\nWestpac\u2019s new approach is a massive backtrack \u2013 intentionally offering expansionist fossil fuel companies an escape route from accountability under the pretence of assessing compatibility with a safe climate. This is a huge mistake.\n\nWhat has gone so wrong at Westpac? Why the abrupt shift in stance on climate? Not long ago, the bank was showing signs of leadership:\n\n\u201cWithin five years, maybe earlier, if you don\u2019t have a plan that stacks up - that\u2019s credible and scientifically backed - to transition your business, to adjust your model, or exit what you\u2019re doing, to ensure we get to net zero then you will not be supported, whether that be debt or equity or banking,\u201d \u2013 Anthony Miller, 31 May 2022\n\n\u201c(Westpac) would also continue to provide corporate lending only to customers with credible transition plans in place by 2025.\u201d \u2013 Anthony Miller, 27 July 2022\n\n\u201cA credible transition plan should be developed by reference to the best available science and should include Scope 1, 2 and 3 emissions and actions the company will take to achieve greenhouse gas reductions aligned with pathways to net-zero by 2050, or sooner, consistent with a maximum temperature rise of 1.5\u00b0C above pre-industrial levels by 2100.\u201d \u2013 Westpac\u2019s CTP policy 2022-2025.\n\nWestpac&#039;s new stance falls far short of these statements. It is obvious now that Westpac\u2019s aim is not to \u2018become the transition partner of choice\u2019 \u2013 but be the bank of choice for companies making climate change worse.\n\n\u201cWestpac shifts climate targets and eases path for more lending to gas\u201d \u2013 AFR, May 2025\n\nWestpac used to lend the least to fossil fuels among its peers, but across 2024\u20132025 it accounted for 36% ($1.2 billion) of lending from the big four to fossil fuel companies on Urgewald\u2019s \u2018Global Exit Lists\u2019, leapfrogging CommBank and NAB and now rivaling ANZ as the biggest fossil fuel financier in Australia.\n\nWestpac is now at the back of the pack among the big four banks on climate integrity. In contrast to Westpac, CommBank and NAB are living up to their climate commitments by cutting ties with companies like Woodside, Santos, and BHP. That is what climate leadership looks like \u2013 aligning finance with science, not creating loopholes for big polluters.\n\nIt is clear that under its current policy framework Westpac will continue to bankroll fossil fuel expansion that locks in decades of harm for communities and the climate. This must change.\n\nAs a customer and shareholder, I call on Westpac to act immediately:\n\n- Reinstate your requirement that all fossil fuel clients have credible, time-bound Paris-aligned transition plans covering Scopes 1\u20133 emission reductions, as a prerequisite to new or renewed finance, and\n- not provide new or renewed finance to any company that is pursuing new or expanded fossil fuel projects including the companies listed above.\n\nAustralians expect better from a bank that claims to take climate change seriously. Reverse this policy failure, close the loopholes, and align your financing with the science and community expectations.\n\nI request a response to my concerns without Westpac resorting to the false claim that gas is a \u201ctransition fuel.\u201d Gas fields, pipelines and LNG terminals lock in 30\u201340 years of emissions at least (the opposite of a time-bound transition), there is no evidence that gas replaces coal use, and support for gas only serves to undermine any genuine transition to renewables.\n\nSincerely,<\/textarea><\/div><\/div><div id=\"field_718_11\" class=\"gfield gfield--type-section gfield--input-type-section gsection field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_hidden\"  ><div class=\"admin-hidden-markup\"><i class=\"gform-icon gform-icon--hidden\" aria-hidden=\"true\" title=\"This field is hidden when viewing the form\"><\/i><span>This field is hidden when viewing the form<\/span><\/div><h3 class=\"gsection_title\">Shareholder<\/h3><\/div><div id=\"field_718_12\" class=\"gfield gfield--type-text gfield--input-type-text gfield--width-full field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_718_12'>Subject<\/label><div class='ginput_container ginput_container_text'><input name='input_12' id='input_718_12' type='text' value='Westpac\u2019s greenwashing and climate negligence has gone too far' class='large'      aria-invalid=\"false\"   \/><\/div><\/div><div id=\"field_718_13\" class=\"gfield gfield--type-textarea gfield--input-type-textarea gfield--width-full field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_718_13'>Your message to Westpac<\/label><div class='ginput_container ginput_container_textarea'><textarea name='input_13' id='input_718_13' class='textarea large'      aria-invalid=\"false\"   rows='10' cols='50'>Dear Anthony Miller and Steven Gregg,\n\nI write to you today as a concerned shareholder.\n\nMarket Forces has identified 11 fossil fuel company clients of Westpac&#039;s that are objectively misaligned with the goals of the Paris Agreement and therefore, must be ineligible for any new or renewed finance from your bank.\n\nThese clients include: TotalEnergies, BP, Woodside Energy, INPEX, Santos. JERA, Beach Energy, BHP, APA Group, Global Infrastructure Partners and GE Vernova.\n\nThe world\u2019s leading climate and energy bodies \u2013 the UN IPCC and the International Energy Agency \u2013 are unequivocal: to avoid catastrophic warming, production and combustion of fossil fuels must rapidly decline. New or expanded fossil fuel projects are not compatible with the goals of the Paris Agreement and will only serve to exacerbate climate risk. Yet these companies continue to pursue expansion.\n\nAs Westpac now requires climate transition plans from fossil fuel clients as a prerequisite for new finance, these companies cannot credibly demonstrate Paris-alignment and should not be eligible for new or renewed finance.\n\nFinancing any of these companies \u2013 which Westpac knows are not Paris-aligned \u2013 will invite intense scrutiny and heighten regulatory, legal and reputational risk.\n\nFurther, I was shocked and appalled to learn that Westpac\u2019s latest climate policy makes clear the bank is not assessing Scope 3 emissions for fossil fuel clients. For fossil fuel producers, Scope 3 emissions account for the overwhelming majority of their total footprint. Ignoring this removes any pretence of climate alignment.\n\nScope 3 emissions typically account for 90% of an oil and gas producer\u2019s contribution to global warming that is driving the worsening human and economic toll of climate-fuelled heatwaves, bushfires and floods.\n\n\u201cNet-zero plans that exclude Scope 3 emissions (from burning fossil fuels) are incomplete. Now is the time to fast-track, not backtrack. The time for ambition and transparency, not greenwashing.\u201d \u2013 Ant\u00f3nio Guterres, UN Secretary-General, November 2024\n\nIt&#039;s almost as if Ant\u00f3nio Guterres said this specifically for Westpac.\n\nWestpac\u2019s new approach is a massive backtrack \u2013 intentionally offering expansionist fossil fuel companies an escape route from accountability under the pretence of assessing compatibility with a safe climate. This is a huge mistake.\n\nWhat has gone so wrong at Westpac? Why the abrupt shift in stance on climate? Not long ago, the bank was showing signs of leadership:\n\n\u201cWithin five years, maybe earlier, if you don\u2019t have a plan that stacks up - that\u2019s credible and scientifically backed - to transition your business, to adjust your model, or exit what you\u2019re doing, to ensure we get to net zero then you will not be supported, whether that be debt or equity or banking,\u201d \u2013 Anthony Miller, 31 May 2022\n\n\u201c(Westpac) would also continue to provide corporate lending only to customers with credible transition plans in place by 2025.\u201d \u2013 Anthony Miller, 27 July 2022\n\n\u201cA credible transition plan should be developed by reference to the best available science and should include Scope 1, 2 and 3 emissions and actions the company will take to achieve greenhouse gas reductions aligned with pathways to net-zero by 2050, or sooner, consistent with a maximum temperature rise of 1.5\u00b0C above pre-industrial levels by 2100.\u201d \u2013 Westpac\u2019s CTP policy 2022-2025.\n\nWestpac&#039;s new stance falls far short of these statements. It is obvious now that Westpac\u2019s aim is not to \u2018become the transition partner of choice\u2019 \u2013 but be the bank of choice for companies making climate change worse.\n\n\u201cWestpac shifts climate targets and eases path for more lending to gas\u201d \u2013 AFR, May 2025\n\nWestpac used to lend the least to fossil fuels among its peers, but across 2024\u20132025 it accounted for 36% ($1.2 billion) of lending from the big four to fossil fuel companies on Urgewald\u2019s \u2018Global Exit Lists\u2019, leapfrogging CommBank and NAB and now rivaling ANZ as the biggest fossil fuel financier in Australia.\n\nWestpac is now at the back of the pack among the big four banks on climate integrity. In contrast to Westpac, CommBank and NAB are living up to their climate commitments by cutting ties with companies like Woodside, Santos, and BHP. That is what climate leadership looks like \u2013 aligning finance with science, not creating loopholes for big polluters.\n\nIt is clear that under its current policy framework Westpac will continue to bankroll fossil fuel expansion that locks in decades of harm for communities and the climate. This must change.\n\nAs a shareholder, I call on Westpac to act immediately:\n\n- Reinstate your requirement that all fossil fuel clients have credible, time-bound Paris-aligned transition plans covering Scopes 1\u20133 emission reductions, as a prerequisite to new or renewed finance, and\n- not provide new or renewed finance to any company that is pursuing new or expanded fossil fuel projects including the companies listed above.\n\nAustralians expect better from a bank that claims to take climate change seriously. Reverse this policy failure, close the loopholes, and align your financing with the science and community expectations.\n\nI request a response to my concerns without Westpac resorting to the false claim that gas is a \u201ctransition fuel.\u201d Gas fields, pipelines and LNG terminals lock in 30\u201340 years of emissions at least (the opposite of a time-bound transition), there is no evidence that gas replaces coal use, and support for gas only serves to undermine any genuine transition to renewables.\n\nSincerely,<\/textarea><\/div><\/div><div id=\"field_718_14\" class=\"gfield gfield--type-section gfield--input-type-section gsection field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_hidden\"  ><div class=\"admin-hidden-markup\"><i class=\"gform-icon gform-icon--hidden\" aria-hidden=\"true\" title=\"This field is hidden when viewing the form\"><\/i><span>This field is hidden when viewing the form<\/span><\/div><h3 class=\"gsection_title\">Neither<\/h3><\/div><div id=\"field_718_15\" class=\"gfield gfield--type-text gfield--input-type-text gfield--width-full field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_718_15'>Subject<\/label><div class='ginput_container ginput_container_text'><input name='input_15' id='input_718_15' type='text' value='Westpac\u2019s greenwashing and climate negligence has gone too far' class='large'      aria-invalid=\"false\"   \/><\/div><\/div><div id=\"field_718_16\" class=\"gfield gfield--type-textarea gfield--input-type-textarea gfield--width-full field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_718_16'>Your message to Westpac<\/label><div class='ginput_container ginput_container_textarea'><textarea name='input_16' id='input_718_16' class='textarea large'      aria-invalid=\"false\"   rows='10' cols='50'>Dear Anthony Miller and Steven Gregg,\n\nMarket Forces has identified 11 fossil fuel company clients of Westpac&#039;s that are objectively misaligned with the goals of the Paris Agreement and therefore, must be ineligible for any new or renewed finance from your bank.\n\nThese clients include: TotalEnergies, BP, Woodside Energy, INPEX, Santos. JERA, Beach Energy, BHP, APA Group, Global Infrastructure Partners and GE Vernova.\n\nThe world\u2019s leading climate and energy bodies \u2013 the UN IPCC and the International Energy Agency \u2013 are unequivocal: to avoid catastrophic warming, production and combustion of fossil fuels must rapidly decline. New or expanded fossil fuel projects are not compatible with the goals of the Paris Agreement and will only serve to exacerbate climate risk. Yet these companies continue to pursue expansion.\n\nAs Westpac now requires climate transition plans from fossil fuel clients as a prerequisite for new finance, these companies cannot credibly demonstrate Paris-alignment and should not be eligible for new or renewed finance.\n\nFinancing any of these companies \u2013 which Westpac knows are not Paris-aligned \u2013 will invite intense scrutiny and heighten regulatory, legal and reputational risk.\n\nFurther, I was shocked and appalled to learn that Westpac\u2019s latest climate policy makes clear the bank is not assessing Scope 3 emissions for fossil fuel clients. For fossil fuel producers, Scope 3 emissions account for the overwhelming majority of their total footprint. Ignoring this removes any pretence of climate alignment.\n\nScope 3 emissions typically account for 90% of an oil and gas producer\u2019s contribution to global warming that is driving the worsening human and economic toll of climate-fuelled heatwaves, bushfires and floods.\n\n\u201cNet-zero plans that exclude Scope 3 emissions (from burning fossil fuels) are incomplete. Now is the time to fast-track, not backtrack. The time for ambition and transparency, not greenwashing.\u201d \u2013 Ant\u00f3nio Guterres, UN Secretary-General, November 2024\n\nIt&#039;s almost as if Ant\u00f3nio Guterres said this specifically for Westpac.\n\nWestpac\u2019s new approach is a massive backtrack \u2013 intentionally offering expansionist fossil fuel companies an escape route from accountability under the pretence of assessing compatibility with a safe climate. This is a huge mistake.\n\nWhat has gone so wrong at Westpac? Why the abrupt shift in stance on climate? Not long ago, the bank was showing signs of leadership:\n\n\u201cWithin five years, maybe earlier, if you don\u2019t have a plan that stacks up - that\u2019s credible and scientifically backed - to transition your business, to adjust your model, or exit what you\u2019re doing, to ensure we get to net zero then you will not be supported, whether that be debt or equity or banking,\u201d \u2013 Anthony Miller, 31 May 2022\n\n\u201c(Westpac) would also continue to provide corporate lending only to customers with credible transition plans in place by 2025.\u201d \u2013 Anthony Miller, 27 July 2022\n\n\u201cA credible transition plan should be developed by reference to the best available science and should include Scope 1, 2 and 3 emissions and actions the company will take to achieve greenhouse gas reductions aligned with pathways to net-zero by 2050, or sooner, consistent with a maximum temperature rise of 1.5\u00b0C above pre-industrial levels by 2100.\u201d \u2013 Westpac\u2019s CTP policy 2022-2025.\n\nWestpac&#039;s new stance falls far short of these statements. It is obvious now that Westpac\u2019s aim is not to \u2018become the transition partner of choice\u2019 \u2013 but be the bank of choice for companies making climate change worse.\n\n\u201cWestpac shifts climate targets and eases path for more lending to gas\u201d \u2013 AFR, May 2025\n\nWestpac used to lend the least to fossil fuels among its peers, but across 2024\u20132025 it accounted for 36% ($1.2 billion) of lending from the big four to fossil fuel companies on Urgewald\u2019s \u2018Global Exit Lists\u2019, leapfrogging CommBank and NAB and now rivaling ANZ as the biggest fossil fuel financier in Australia.\n\nWestpac is now at the back of the pack among the big four banks on climate integrity. In contrast to Westpac, CommBank and NAB are living up to their climate commitments by cutting ties with companies like Woodside, Santos, and BHP. That is what climate leadership looks like \u2013 aligning finance with science, not creating loopholes for big polluters.\n\nIt is clear that under its current policy framework Westpac will continue to bankroll fossil fuel expansion that locks in decades of harm for communities and the climate. This must change.\n\nI call on Westpac to act immediately:\n\n- Reinstate your requirement that all fossil fuel clients have credible, time-bound Paris-aligned transition plans covering Scopes 1\u20133 emission reductions, as a prerequisite to new or renewed finance, and\n- not provide new or renewed finance to any company that is pursuing new or expanded fossil fuel projects including the companies listed above.\n\nAustralians expect better from a bank that claims to take climate change seriously. Reverse this policy failure, close the loopholes, and align your financing with the science and community expectations.\n\nI request a response to my concerns without Westpac resorting to the false claim that gas is a \u201ctransition fuel.\u201d Gas fields, pipelines and LNG terminals lock in 30\u201340 years of emissions at least (the opposite of a time-bound transition), there is no evidence that gas replaces coal use, and support for gas only serves to undermine any genuine transition to renewables.\n\nSincerely,<\/textarea><\/div><\/div><fieldset id=\"field_718_17\" class=\"gfield gfield--type-checkbox gfield--type-choice gfield--input-type-checkbox gfield--width-full field_sublabel_below gfield--no-description field_description_below hidden_label field_validation_below gfield_visibility_visible\"  ><legend class='gfield_label gform-field-label gfield_label_before_complex' >Yes, of course I want updates about Market Forces campaigns!<\/legend><div class='ginput_container ginput_container_checkbox'><div class='gfield_checkbox ' id='input_718_17'><div class='gchoice gchoice_718_17_1'>\n\t\t\t\t\t\t\t\t<input class='gfield-choice-input' name='input_17.1' type='checkbox'  value='Yes, of course I want updates about Market Forces campaigns!' checked='checked' id='choice_718_17_1'   \/>\n\t\t\t\t\t\t\t\t<label for='choice_718_17_1' id='label_718_17_1' class='gform-field-label gform-field-label--type-inline'>Yes, of course I want updates about Market Forces campaigns!<\/label>\n\t\t\t\t\t\t\t<\/div><\/div><\/div><\/fieldset><fieldset id=\"field_718_18\" class=\"gfield gfield--type-checkbox gfield--type-choice gfield--input-type-checkbox gfield--width-full field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_hidden\"  ><div class=\"admin-hidden-markup\"><i class=\"gform-icon gform-icon--hidden\" aria-hidden=\"true\" title=\"This field is hidden when viewing the form\"><\/i><span>This field is hidden when viewing the form<\/span><\/div><legend class='gfield_label gform-field-label gfield_label_before_complex' >PASS DATA - MAIN LIST: Are you an Westpac customer or shareholder -&gt; Westpac customer<\/legend><div class='ginput_container ginput_container_checkbox'><div class='gfield_checkbox ' id='input_718_18'><div class='gchoice gchoice_718_18_1'>\n\t\t\t\t\t\t\t\t<input class='gfield-choice-input' name='input_18.1' type='checkbox'  value='Westpac customer' checked='checked' id='choice_718_18_1'   \/>\n\t\t\t\t\t\t\t\t<label for='choice_718_18_1' id='label_718_18_1' class='gform-field-label gform-field-label--type-inline'>Westpac customer<\/label>\n\t\t\t\t\t\t\t<\/div><\/div><\/div><\/fieldset><fieldset id=\"field_718_19\" class=\"gfield gfield--type-checkbox gfield--type-choice gfield--input-type-checkbox gfield--width-full field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_hidden\"  ><div class=\"admin-hidden-markup\"><i class=\"gform-icon gform-icon--hidden\" aria-hidden=\"true\" title=\"This field is hidden when viewing the form\"><\/i><span>This field is hidden when viewing the form<\/span><\/div><legend class='gfield_label gform-field-label gfield_label_before_complex' >PASS DATA - MAIN LIST: Are you an Westpac customer or shareholder -&gt; Westpac shareholder<\/legend><div class='ginput_container ginput_container_checkbox'><div class='gfield_checkbox ' id='input_718_19'><div class='gchoice gchoice_718_19_1'>\n\t\t\t\t\t\t\t\t<input class='gfield-choice-input' name='input_19.1' type='checkbox'  value='Westpac shareholder' checked='checked' id='choice_718_19_1'   \/>\n\t\t\t\t\t\t\t\t<label for='choice_718_19_1' id='label_718_19_1' class='gform-field-label gform-field-label--type-inline'>Westpac shareholder<\/label>\n\t\t\t\t\t\t\t<\/div><\/div><\/div><\/fieldset><fieldset id=\"field_718_20\" class=\"gfield gfield--type-checkbox gfield--type-choice gfield--input-type-checkbox gfield--width-full field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_hidden\"  ><div class=\"admin-hidden-markup\"><i class=\"gform-icon gform-icon--hidden\" aria-hidden=\"true\" title=\"This field is hidden when viewing the form\"><\/i><span>This field is hidden when viewing the form<\/span><\/div><legend class='gfield_label gform-field-label gfield_label_before_complex' >TOOK ACTION: Banks - Westpac Fossil Fuel Blocklist - Dec 2025<\/legend><div class='ginput_container ginput_container_checkbox'><div class='gfield_checkbox ' id='input_718_20'><div class='gchoice gchoice_718_20_1'>\n\t\t\t\t\t\t\t\t<input class='gfield-choice-input' name='input_20.1' type='checkbox'  value='TOOK ACTION: Banks - Westpac Fossil Fuel Blocklist - Dec 2025' checked='checked' id='choice_718_20_1'   \/>\n\t\t\t\t\t\t\t\t<label for='choice_718_20_1' id='label_718_20_1' class='gform-field-label gform-field-label--type-inline'>TOOK ACTION: Banks - Westpac Fossil Fuel 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]]> *\/\n<\/script>\n[\/et_pb_code][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Left cntents + Right Form&#8221; _builder_version=&#8221;4.26.0&#8243; _module_preset=&#8221;default&#8221; module_alignment=&#8221;center&#8221; custom_padding=&#8221;0px|||||&#8221; bottom_divider_color=&#8221;#fafafa&#8221; bottom_divider_height=&#8221;37px&#8221; bottom_divider_flip=&#8221;horizontal|vertical&#8221; collapsed=&#8221;on&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row _builder_version=&#8221;4.24.0&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;40px||0px||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; header_2_font=&#8221;|800|||||||&#8221; custom_margin=&#8221;0px||||false|false&#8221; custom_padding=&#8221;0px||||false|false&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>Westpac is funding gas expansion in the Asia Pacific<\/h2>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.26.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>The last few years have shown that Westpac is willing to fund companies responsible for a massive buildout of new gas projects in Asia. Westpac is financing companies from those extracting the gas and building the pipelines in Australia, all the way to those building the gas-fired power plants in Asia.<\/p>\n<p>Asia is being pursued as a growth market for gas power projects and infrastructure. According to Global Energy Monitor, a staggering <a href=\"https:\/\/www.marketforces.org.au\/campaigns\/asia\/\" target=\"_blank\" rel=\"noopener\">63%<\/a> of the world\u2019s proposed new gas power is in Asia. Despite opposition from local communities, the fossil fuel industry is pushing costly and climate destroying projects in this region, and it\u2019s being enabled by Westpac.<\/p>\n<p>In just the last three years, Westpac loaned over $300 million as part of two loans related to two of Australia\u2019s biggest new fossil gas export projects &#8211; <strong>Woodside\u2019s Scarborough\/Pluto 2 LNG and Santos\u2019 Barossa gas project<\/strong>. It also loaned over $90 million for \u2018general corporate purposes\u2019 to both companies, and even participated in arranging a $1.3 billion, ten-year bond for Santos in September 2023. Westpac is enabling Australian oil and gas companies to extract new gas and export most of it from Australia.<\/p>\n<p>Then there\u2019s <a href=\"https:\/\/www.marketforces.org.au\/campaigns\/companies\/apa-group\/\" target=\"_blank\" rel=\"noopener\">APA Group<\/a>, Australia\u2019s largest gas pipeline operator. Westpac took part in a $1.25 billion loan to APA in November 2023, and also participated in arranging an $835 million bond for the company that same month. The company is planning to construct several pipelines to support extensive fracking in the Beetaloo Basin, one of the biggest proposed gas projects in Australia\u2019s history, much of which is to be exported.<\/p>\n<p>In October 2023, Westpac loaned over $100 million to Japanese energy giant, <a href=\"https:\/\/www.marketforces.org.au\/campaigns\/asia\/jera\/\" target=\"_blank\" rel=\"noopener\"><strong>JERA<\/strong><\/a> as part of a $2.3 billion syndicated loan. JERA has stakes in both Barossa and Scarborough, as well as a massive planned buildout of new gas power projects in Bangladesh and Vietnam. JERA\u2019s gas expansion tentacles include a carbon bomb in the precious environment of <a href=\"https:\/\/www.marketforces.org.au\/campaigns\/asia\/jera\/\" target=\"_blank\" rel=\"noopener\">Chattogram<\/a>, south east Bangladesh.<\/p>\n<p>In March of this year, Westpac was involved in a $9.2 billion loan to <a href=\"https:\/\/www.marketforces.org.au\/campaigns\/asia\/general-electric\/\" target=\"_blank\" rel=\"noopener\"><strong>GE Vernova<\/strong><\/a>. The global power giant has vast fossil fuel holdings and its business strategy includes building an enormous amount of new liquified natural gas (LNG) power plants in Bangladesh and Vietnam. In the Chattogram region of Bangladesh alone, gas or LNG projects with GE involvement would add approximately 430 million tonnes of carbon dioxide equivalent (CO2-e) to the atmosphere throughout the plants\u2019 operational lives, over <a href=\"https:\/\/ourworldindata.org\/co2\/country\/bangladesh\" target=\"_blank\" rel=\"noopener\">four times<\/a> the CO2 the country emitted in 2022.<\/p>\n<p>This kind of financing activity calls into question not only Westpac\u2019s commitments, but the kind of world and economies it wants to be shaping. These companies are working to ensure that the \u2018Asian growth market\u2019 is locked into depending on outdated and harmful gas technologies instead of enabling clean, renewable energy. Westpac is enabling climate havoc across Asia.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.24.0&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;40px||0px||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.26.0&#8243; _module_preset=&#8221;default&#8221; header_2_font=&#8221;|800|||||||&#8221; custom_margin=&#8221;0px||||false|false&#8221; custom_padding=&#8221;0px||||false|false&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>Progress on paper but dodgy deals undermine credibility<\/h2>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.26.0&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;||0px|||&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>In November 2023 Westpac announced a host of fossil fuel finance <a href=\"https:\/\/www.marketforces.org.au\/westpac-takes-two-steps-forward-one-big-step-back\/\" target=\"_blank\" rel=\"noopener\">restrictions<\/a> that will further limit the projects and companies the bank can fund.<\/p>\n<p>Westpac <a href=\"https:\/\/www.westpac.com.au\/content\/dam\/public\/wbc\/documents\/pdf\/aw\/sustainability\/Climate_Change_Position_Statement_and_Action_Plan.pdf\" target=\"_blank\" rel=\"noopener\">brought forward<\/a> its planned exit from thermal coal (meaning companies that earn &gt;15% of revenue from thermal coal mining) by five years to 30 September 2025. Westpac\u2019s previous sole commitment was a complete exit from the sector (defined then as companies that earn &gt;5% of revenue from thermal coal) by 2030, which also still stands. Effective from the announcement date (November 2023), Westpac won\u2019t be providing corporate finance loans or bond facilitation for any company over this threshold.<\/p>\n<p>Westpac has also ruled out project finance for new (greenfield) metallurgical coal mines, new and expanded oil and gas fields and associated dedicated infrastructure which includes pipelines and LNG projects (gas processing plants). It is the first of the big four Australian banks to rule out funding new LNG projects and metallurgical coal mines.<\/p>\n<p>From October 2025, Westpac will require 1.5\u00b0C-aligned climate transition plans from its upstream oil and gas customers in order to continue funding them. That means that Santos and Woodside will have to be cut off as their enormous oil and gas expansion strategy is completely out of line with a 1.5\u00b0C warming pathway.<\/p>\n<p>But despite looking good on paper, Westpac\u2019s financing behaviour still remains a serious concern. In this respect, it\u2019s trending towards being a climate laggard instead of a climate leader. See case studies below.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;||0px||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; header_2_font=&#8221;|800|||||||&#8221; custom_margin=&#8221;0px||||false|false&#8221; custom_padding=&#8221;0px||||false|false&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>Westpac&#8217;s fossil fuel lending since Paris\u00a0\u00a0<\/h2>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;3_5,2_5&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;3_5&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.26.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>This chart shows Westpac\u2019s year-on-year lending to different fossil fuel sectors since January 2016. The charts shown below include lending to expansion projects and lending to companies with fossil fuel expansion plans.<\/p>\n<p>We have included Westpac\u2019s own reported exposures to fossil fuels as a further demonstration of the bank\u2019s trends.<\/p>\n<p>Westpac has loaned over $9.8 billion to fossil fuels since 2016. This includes:<\/p>\n<ul>\n<li><strong>$1.7 billion<\/strong> to coal,<\/li>\n<li><strong>$2.6 billion<\/strong> to gas (exc. LNG)<\/li>\n<li><strong>$3 billion<\/strong> to LNG<\/li>\n<li><strong>$2.5 billion<\/strong> to oil<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\"><\/span><\/p>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;2_5&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_code _builder_version=&#8221;4.26.0&#8243; _module_preset=&#8221;default&#8221; min_height=&#8221;11px&#8221; global_colors_info=&#8221;{}&#8221;]\n<div class=\"wdt-wrapper-chart-loader\" data-id=\"95\"\n     style=\"height: 480px;\">\n    <div class=\"wdt-main-item\">\n                <div class=\"wdt-chart-animated-background\" style=\"height: 120px\">\n            <div class=\"wdt-background-masker wdt-btn-divide-left wdt-chart-one\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-2\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-3\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-4 wdt-chart-three\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-5\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-6\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-7 \"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-8\"><\/div>\n        <\/div>\n        <div class=\"wdt-chart-animated-background\" style=\"height: 120px\">\n            <div class=\"wdt-background-masker wdt-btn-divide-left\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-2 wdt-chart-two\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-3\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-4\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-5 wdt-chart-four\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-6\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-7\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-8\"><\/div>\n        <\/div>\n        <div class=\"wdt-chart-animated-background\" style=\"height: 120px\">\n            <div class=\"wdt-background-masker wdt-btn-divide-left\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-2\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-3\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-4\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-5\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-6 wdt-chart-five\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-7\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-8\"><\/div>\n        <\/div>\n        <div class=\"wdt-chart-animated-background\" style=\"height: 120px\">\n            <div class=\"wdt-background-masker wdt-btn-divide-left\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-2\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-3\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-4\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-5\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-6\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-7\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-8\"><\/div>\n        <\/div>\n        <div class=\"wdt-static-background\">\n            <div class=\"wdt-background-masker\"><\/div>\n        <\/div>\n    <\/div>\n<\/div>\n<style>\n    \n<\/style>    <script type=\"text\/javascript\">\n        if (typeof (wpDataCharts) == 'undefined') wpDataCharts = {};\n        wpDataCharts[95] = {\n            render_data: {\"wdtNumberFormat\":\"2\",\"options\":{\"title\":{\"text\":\"\",\"floating\":false,\"align\":\"center\"},\"series\":[{\"type\":\"\",\"name\":\"Coal\",\"color\":\"#433244\",\"label\":\"Coal\",\"orig_header\":\"anz\",\"data\":[0.191,0.162,0.527,0.193,0.442,0.107,0.038,0.036]},{\"type\":\"\",\"name\":\"Gas ex. 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LNG)<\/li>\n<li><strong>$1 billion<\/strong> to new LNG projects<\/li>\n<li><strong>$20 million<\/strong> to new oil projects<\/li>\n<\/ul>\n<p>In total, these projects would result in <strong>3 billion tonnes<\/strong> of CO2-equivalent. These expansion projects include:<\/p>\n<ul>\n<li>Ichthys LNG<\/li>\n<li>Barossa gas project<\/li>\n<li>Elk-Antelope gas fields<\/li>\n<li>Pluto LNG 2 (Scarborough)<\/li>\n<li>Curragh coal mine expansion<\/li>\n<li>Tanami gas pipeline<\/li>\n<\/ul>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;2_5&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_code _builder_version=&#8221;4.26.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]\n<div class=\"wdt-wrapper-chart-loader\" data-id=\"96\"\n     style=\"height: 480px;\">\n    <div class=\"wdt-main-item\">\n                <div class=\"wdt-chart-animated-background\" style=\"height: 120px\">\n            <div class=\"wdt-background-masker wdt-btn-divide-left wdt-chart-one\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-2\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-3\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-4 wdt-chart-three\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-5\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-6\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-7 \"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-8\"><\/div>\n        <\/div>\n        <div class=\"wdt-chart-animated-background\" style=\"height: 120px\">\n            <div class=\"wdt-background-masker wdt-btn-divide-left\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-2 wdt-chart-two\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-3\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-4\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-5 wdt-chart-four\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-6\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-7\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-8\"><\/div>\n        <\/div>\n        <div class=\"wdt-chart-animated-background\" style=\"height: 120px\">\n            <div class=\"wdt-background-masker wdt-btn-divide-left\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-2\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-3\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-4\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-5\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-6 wdt-chart-five\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-7\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-8\"><\/div>\n        <\/div>\n        <div class=\"wdt-chart-animated-background\" style=\"height: 120px\">\n            <div class=\"wdt-background-masker wdt-btn-divide-left\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-2\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-3\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-4\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-5\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-6\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-7\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-8\"><\/div>\n        <\/div>\n        <div class=\"wdt-static-background\">\n            <div class=\"wdt-background-masker\"><\/div>\n        <\/div>\n    <\/div>\n<\/div>\n<style>\n    \n<\/style>    <script type=\"text\/javascript\">\n        if (typeof (wpDataCharts) == 'undefined') wpDataCharts = {};\n        wpDataCharts[96] = {\n            render_data: {\"wdtNumberFormat\":\"2\",\"options\":{\"title\":{\"text\":\"\",\"floating\":false,\"align\":\"center\"},\"series\":[{\"type\":\"\",\"name\":\"Coal\",\"color\":\"#433244\",\"label\":\"Coal\",\"orig_header\":\"anz\",\"data\":[null,null,null,0.035,null,null,null,null]},{\"type\":\"\",\"name\":\"Gas ex. 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(AU$bn)\"},\"crosshair\":false},\"subtitle\":{\"text\":\"\",\"align\":\"center\"},\"tooltip\":{\"enabled\":true,\"backgroundColor\":\"rgba(255,255,255,0.85)\",\"borderWidth\":\"1\",\"borderColor\":\"\",\"borderRadius\":\"3\",\"shared\":false,\"valuePrefix\":\"$\",\"valueSuffix\":\"bn\"},\"legend\":{\"enabled\":true,\"backgroundColor\":\"\",\"title\":{\"text\":\"\"},\"layout\":\"horizontal\",\"align\":\"center\",\"verticalAlign\":\"bottom\",\"borderWidth\":\"0\",\"borderColor\":\"\",\"borderRadius\":\"0\"},\"exporting\":{\"enabled\":false,\"chartOptions\":{\"plotOptions\":{\"series\":{\"dataLabels\":{\"enabled\":false}}}},\"filename\":\"\",\"width\":\"\",\"buttons\":{\"contextButton\":{\"align\":\"right\",\"verticalAlign\":\"top\",\"symbolStroke\":\"#666\",\"text\":\"\"}}},\"credits\":{\"enabled\":false,\"href\":\"http:\\\/\\\/www.highcharts.com\",\"text\":\"Highcharts.com\"}},\"type\":\"highcharts_stacked_column_chart\",\"height\":480},\n            engine: \"highcharts\",\n            type: \"highcharts_stacked_column_chart\",\n            title: \"Westpac - Expansionary projects lending - 2016-2023 by sector (Webpage) - Banking Climate Failure 2024\",\n            container: \"wpDataChart_96\",\n            follow_filtering: 0,\n            wpdatatable_id: 256,\n            group_chart: 0        }\n    <\/script>\n\n    <div id=\"wpDataChart_96\" class=\"highcharts_stacked_column_chart\" style=\"width: 100%\"><\/div>\n[\/et_pb_code][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;||0px||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; header_2_font=&#8221;|800|||||||&#8221; custom_margin=&#8221;0px||||false|false&#8221; custom_padding=&#8221;0px||||false|false&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>Westpac&#8217;s funding for companies with expansion plans<\/h2>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;1_2,1_2&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;||||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.26.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Since 2016 Westpac has loaned <strong>$4.3 billion<\/strong> to companies with fossil fuel expansion plans through \u2018corporate finance\u2019 debt facilities.<\/p>\n<p>Westpac is currently still exposed to three of Australia\u2019s worst climate-wrecking companies with corporate finance loans:<\/p>\n<ul>\n<li>Santos<\/li>\n<li>Woodside<\/li>\n<li>APA Group<\/li>\n<\/ul>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_code _builder_version=&#8221;4.26.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]\n<div class=\"wdt-wrapper-chart-loader\" data-id=\"97\"\n     style=\"height: 480px;\">\n    <div class=\"wdt-main-item\">\n                <div class=\"wdt-chart-animated-background\" style=\"height: 120px\">\n            <div class=\"wdt-background-masker wdt-btn-divide-left wdt-chart-one\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-2\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-3\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-4 wdt-chart-three\"><\/div>\n            <div class=\"wdt-background-masker 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custom_padding=&#8221;0px||||false|false&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>Westpac&#8217;s customers &#8211; case studies<\/h2>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_toggle title=&#8221;Santos &#8221; open_toggle_background_color=&#8221;RGBA(255,255,255,0)&#8221; closed_toggle_background_color=&#8221;RGBA(255,255,255,0)&#8221; icon_color=&#8221;#fa6d6d&#8221; toggle_icon=&#8221;&#x4c;||divi||400&#8243; use_icon_font_size=&#8221;on&#8221; icon_font_size=&#8221;20px&#8221; open_icon_color=&#8221;#fa6d6d&#8221; open_toggle_icon=&#8221;&#x4b;||divi||400&#8243; open_use_icon_font_size=&#8221;on&#8221; open_icon_font_size=&#8221;20px&#8221; disabled_on=&#8221;off|off|off&#8221; _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; title_level=&#8221;h6&#8243; title_font=&#8221;|800|||||||&#8221; title_font_size=&#8221;18px&#8221; title_line_height=&#8221;1.75em&#8221; closed_title_font=&#8221;|800|||||||&#8221; closed_title_font_size=&#8221;18px&#8221; closed_title_line_height=&#8221;1.75em&#8221; body_line_height=&#8221;1.8em&#8221; custom_padding=&#8221;|10px||10px|false|true&#8221; border_width_all=&#8221;0px&#8221; border_width_bottom=&#8221;1px&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>In August 2022, Westpac loaned $65 million to Santos as part of a $1.8 billion loan. This loan was related to the highly controversial Barossa gas field Santos is currently developing. The Barossa Project faces opposition from some Tiwi Islands Traditional Owner communities, as Santos plans to drill for gas in Tiwi Islands Sea Country.<\/p>\n<p>In September 2022, Tiwi Islands Traditional Owners <a href=\"https:\/\/www.abc.net.au\/news\/2022-09-21\/nt-tiwi-islands-santos-barossa-court-decision\/101462146\">won<\/a> a Federal Court challenge against NOPSEMA with respect to Santos&#8217; Barossa project. The court ruled that Santos had failed to adequately consult Tiwi Islands Traditional Owners about the project. Santos challenged the ruling, but its <a href=\"https:\/\/www.abc.net.au\/news\/2022-12-04\/nt-explainer-santos-federal-court-loss-barossa-gas\/101730568\">but its appeal was rejected by the Federal Court in December.<\/a><\/p>\n<p><span>This loan in particular was mired in controversy due to the fact that it occurred whilst the Barossa gas project was being disputed by Tiwi Islands Traditional Owners. In April 2023, Westpac received a human rights complaint for its involvement in the loan from six Traditional Owners and Elders from the Munupi, Malawu and Jikilaruwu clans on the Tiwi Islands, and one Elder from Larrakia country in Darwin, assisted by Equity Generation Lawyers. The complaint demanded that Westpac withdraw from its current loan to Santos and not finance the associated Darwin LNG project, which would process Barossa gas. Read all about this loan in our <\/span><a href=\"https:\/\/staging-marketforcesorgau.kinsta.cloud\/australias-big-four-banks-receive-human-riights-complaint-over-financing-of-barossa\/\" target=\"_blank\" rel=\"noopener\">blog post<\/a><span>.<\/span><\/p>\n<p>The complaint was initially <a href=\"https:\/\/equitygenerationlawyers.com\/wp\/wp-content\/uploads\/2023\/07\/230713-Bank-Responses-Report.pdf\">dismissed<\/a> by Westpac, and in September 2023 Westpac had a hand in arranging even more money for Santos, acting as a co-placement agent for a $1.3 billion bond. This prompted Traditional Owners to travel thousands of kilometres to attend the bank&#8217;s 2023 AGM, where they confronted the board over the lack of engagement regarding the complaint. You can watch their passionate addresses <a href=\"https:\/\/staging-marketforcesorgau.kinsta.cloud\/campaigns\/banks\/westpac-agm-season-dec-2023\/\">here<\/a>. Immediately after the meeting, Westpac CEO Peter King <a href=\"https:\/\/www.afr.com\/companies\/financial-services\/westpac-boss-to-fly-to-tiwi-islands-to-discuss-santos-project-20231214-p5erh1#:~:text=Westpac%20CEO%20Peter%20King%20has,which%20Westpac%20is%20part%2Dfunding.\">agreed<\/a> to visit the Tiwi Islands to hear their concerns firsthand.<\/p>\n<p><span>The urgency of this case was further\u00a0<\/span><a href=\"https:\/\/www.marketforces.org.au\/will-the-funders-of-santos-barossa-project-live-up-to-their-human-rights-commitments\/\" target=\"_blank\" rel=\"noopener\">demonstrated<\/a><span> in January 2024 when Santos obtained its environmental approvals for Barossa, sixteen months after the Federal Court\u2019s ruling in September 2022. Santos is targeting first gas from Barossa in the third quarter of 2025.<\/span><\/p>\n<p><strong><a href=\"https:\/\/www.marketforces.org.au\/will-the-funders-of-santos-barossa-project-live-up-to-their-human-rights-commitments\/\" target=\"_blank\" rel=\"noopener\">Stand with Traditional Owners! Demand big banks live up to their human rights responsibilities by denying Santos finance.<\/a><\/strong><\/p>\n<p><span style=\"font-weight: 400;\"><\/span><\/p>\n<p><span style=\"font-weight: 400;\"><\/span><\/p>\n<p>[\/et_pb_toggle][et_pb_toggle title=&#8221;Whitehaven Coal&#8221; open_toggle_background_color=&#8221;RGBA(255,255,255,0)&#8221; closed_toggle_background_color=&#8221;RGBA(255,255,255,0)&#8221; icon_color=&#8221;#fa6d6d&#8221; toggle_icon=&#8221;&#x4c;||divi||400&#8243; use_icon_font_size=&#8221;on&#8221; icon_font_size=&#8221;20px&#8221; open_icon_color=&#8221;#fa6d6d&#8221; open_toggle_icon=&#8221;&#x4b;||divi||400&#8243; open_use_icon_font_size=&#8221;on&#8221; open_icon_font_size=&#8221;20px&#8221; disabled_on=&#8221;off|off|off&#8221; _builder_version=&#8221;4.26.0&#8243; _module_preset=&#8221;default&#8221; title_level=&#8221;h6&#8243; title_font=&#8221;|800|||||||&#8221; title_font_size=&#8221;18px&#8221; title_line_height=&#8221;1.75em&#8221; closed_title_font=&#8221;|800|||||||&#8221; closed_title_font_size=&#8221;18px&#8221; closed_title_line_height=&#8221;1.75em&#8221; body_line_height=&#8221;1.8em&#8221; custom_padding=&#8221;|10px||10px|false|true&#8221; border_width_all=&#8221;0px&#8221; border_width_bottom=&#8221;1px&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Westpac, as part of a syndicate of 12 banks, participated in a $1 billion loan to Australia\u2019s largest undiversified coal miner, Whitehaven Coal. It was exposed to Whitehaven until July 2023.<\/p>\n<p>Off the back of an enormous <a href=\"https:\/\/marketforces.org.au\/banks-finally-dump-whitehaven-coal\/\" target=\"_blank\" rel=\"noopener\">grassroots campaign<\/a>, on July 17 2023 Whitehaven Coal announced it had <a href=\"https:\/\/marketforces.org.au\/banks-finally-dump-whitehaven-coal\/\" target=\"_blank\" rel=\"noopener\">failed<\/a> to renew its $1 billion corporate loan. This loan was first inked in early 2013, meaning this failure to renew marked the end of ten years of financial backing from major Australian banks. Westpac is no longer exposed to Whitehaven Coal, and Whitehaven Coal no longer has the financial backing of any of Australia\u2019s big four banks.<\/p>\n<p>After finally dropping this climate pariah from its books, Westpac <a href=\"https:\/\/www.westpac.com.au\/content\/dam\/public\/wbc\/documents\/pdf\/aw\/sustainability\/Climate_Change_Position_Statement_and_Action_Plan.pdf\" target=\"_blank\" rel=\"noopener\">brought forward<\/a> its planned exit from thermal coal (meaning companies that earn &gt;15% of revenue from thermal coal) by five years to 30 September 2025. Westpac\u2019s previous sole commitment was a complete exit from the sector (defined then as companies that earn &gt;5% of revenue from thermal coal) by 2030, which also still stands.<\/p>\n<p>Westpac dealt another death blow to the thermal coal industry, <a href=\"https:\/\/www.westpac.com.au\/content\/dam\/public\/wbc\/documents\/pdf\/aw\/sustainability\/Climate_Change_Position_Statement_and_Action_Plan.pdf\" target=\"_blank\" rel=\"noopener\">stating<\/a> that <em>effective immediately<\/em> Westpac will not provide any new corporate lending or bond facilitation to thermal coal mining companies (&gt;15% revenue from thermal coal). With Westpac accelerating its transition away from thermal coal, it\u2019s up to ANZ, CommBank and NAB to apply more restrictions to their thermal coal customers, such as Glencore, to ensure they don\u2019t enable the expansion of the coal sector with their customers\u2019 money.<\/p>\n<p>[\/et_pb_toggle][et_pb_toggle title=&#8221;Woodside&#8221; open_toggle_background_color=&#8221;RGBA(255,255,255,0)&#8221; closed_toggle_background_color=&#8221;RGBA(255,255,255,0)&#8221; icon_color=&#8221;#fa6d6d&#8221; toggle_icon=&#8221;&#x4c;||divi||400&#8243; use_icon_font_size=&#8221;on&#8221; icon_font_size=&#8221;20px&#8221; open_icon_color=&#8221;#fa6d6d&#8221; open_toggle_icon=&#8221;&#x4b;||divi||400&#8243; open_use_icon_font_size=&#8221;on&#8221; open_icon_font_size=&#8221;20px&#8221; disabled_on=&#8221;off|off|off&#8221; _builder_version=&#8221;4.26.0&#8243; _module_preset=&#8221;default&#8221; title_level=&#8221;h6&#8243; title_font=&#8221;|800|||||||&#8221; title_font_size=&#8221;18px&#8221; title_line_height=&#8221;1.75em&#8221; closed_title_font=&#8221;|800|||||||&#8221; closed_title_font_size=&#8221;18px&#8221; closed_title_line_height=&#8221;1.75em&#8221; body_line_height=&#8221;1.8em&#8221; custom_padding=&#8221;|10px||10px|false|true&#8221; border_width_all=&#8221;0px&#8221; border_width_bottom=&#8221;1px&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>In March 2022, Westpac <a href=\"https:\/\/www.marketforces.org.au\/campaigns\/banks\/banking-climate-failure-2023\/\" target=\"_blank\" rel=\"noopener\">loaned<\/a> $290 million to Global Infrastructure Partners as part of a $4.6 billion loan to facilitate an acquisition of a 49 per cent stake in the Pluto 2 LNG project, a loan that was critical to Woodside deciding to go ahead with its disastrous giant new gas project, Scarborough.<\/p>\n<p>In July 2022, Westpav loaned $126 million to Woodside as part of a $1.76 billion general corporate loan.<\/p>\n<p><a href=\"https:\/\/www.marketforces.org.au\/campaigns\/companies\/woodside-petroleum\/\" target=\"_blank\" rel=\"noopener\">Woodside<\/a> is Australia\u2019s largest producer of gas, and is pursuing massive expansion plans completely out of line with global climate agreements. Woodside\u2019s business plans would see it bring on five new oil and gas projects currently in its pipeline. By 2028, the company is aiming to increase production by <a href=\"https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2024\/03\/2024-03-Woodside-Investor-briefing.pdf\" target=\"_blank\" rel=\"noopener\">24 per cent<\/a>, and if it gets its way, its proposed projects would see an estimated <strong>2 billion tonnes of harmful CO2<\/strong> entering the atmosphere.<\/p>\n<p>In May 2021, the International Energy Agency released the first <a href=\"https:\/\/www.iea.org\/reports\/net-zero-by-2050\" target=\"_blank\" rel=\"noopener\">Net Zero by 2050 Scenario<\/a> and concluded that no new oil and gas fields could be developed in a world hoping to limit global warming to 1.5\u00b0C. Since then, Woodside has sanctioned a giant new gas project, the climate-wrecking <a href=\"https:\/\/www.woodside.com\/docs\/default-source\/asx-announcements\/2021-asx\/060.-scarborough-and-pluto-train-2-developments-approved.pdf\" target=\"_blank\" rel=\"noopener\">Scarborough\/Pluto 2 LNG project<\/a> in November 2021, and followed this up in June 2023 by <a href=\"https:\/\/www.woodside.com\/docs\/default-source\/asx-announcements\/2023-asx\/woodside-approves-investment-in-trion-development.pdf?sfvrsn=3a57fbb6_5\" target=\"_blank\" rel=\"noopener\">sanctioning<\/a> the new Trion oil field in the Gulf of Mexico.<\/p>\n<p>In April 2024, Woodside set a world record when <a href=\"https:\/\/www.marketforces.org.au\/woodside-suffers-world-record-breaking-vote-against-climate-plan-embarrassingly-large-vote-against-chair\/\" target=\"_blank\" rel=\"noopener\">58%<\/a> of its shareholders voted down its poor excuse for a climate transition plan, clearly showing that the company\u2019s shareholders don\u2019t buy the claim that Woodside\u2019s oil and gas expansion is aligned with the Paris Agreement.<\/p>\n<p>[\/et_pb_toggle][et_pb_toggle title=&#8221;JERA&#8221; open_toggle_background_color=&#8221;RGBA(255,255,255,0)&#8221; closed_toggle_background_color=&#8221;RGBA(255,255,255,0)&#8221; icon_color=&#8221;#fa6d6d&#8221; toggle_icon=&#8221;&#x4c;||divi||400&#8243; use_icon_font_size=&#8221;on&#8221; icon_font_size=&#8221;20px&#8221; open_icon_color=&#8221;#fa6d6d&#8221; open_toggle_icon=&#8221;&#x4b;||divi||400&#8243; open_use_icon_font_size=&#8221;on&#8221; open_icon_font_size=&#8221;20px&#8221; disabled_on=&#8221;off|off|off&#8221; _builder_version=&#8221;4.26.0&#8243; _module_preset=&#8221;default&#8221; title_level=&#8221;h6&#8243; title_font=&#8221;|800|||||||&#8221; title_font_size=&#8221;18px&#8221; title_line_height=&#8221;1.75em&#8221; closed_title_font=&#8221;|800|||||||&#8221; closed_title_font_size=&#8221;18px&#8221; closed_title_line_height=&#8221;1.75em&#8221; body_line_height=&#8221;1.8em&#8221; custom_padding=&#8221;|10px||10px|false|true&#8221; border_width_all=&#8221;0px&#8221; border_width_bottom=&#8221;1px&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>In October 2023, Westpac loaned over $100 million to JERA Global Markets as part of a $2.3 billion loan related to the company\u2019s LNG business. <a href=\"https:\/\/www.marketforces.org.au\/campaigns\/asia\/jera\/\" target=\"_blank\" rel=\"noopener\">JERA<\/a> has some of the biggest gas expansion plans in the Asia-Pacific region. Some of its dirtiest new proposed LNG projects include:<\/p>\n<ul>\n<li>Barossa: JERA owns a <a href=\"https:\/\/www.jera.co.jp\/en\/corporate\/business\/projects\/Barossa\" target=\"_blank\" rel=\"noopener\">12.5%<\/a> stake in Santos\u2019 destructive Barossa gas project, as well as a <a href=\"https:\/\/www.jera.co.jp\/en\/corporate\/business\/projects\/darwin\" target=\"_blank\" rel=\"noopener\">6.1%<\/a> stake in its associated gas processing plant, Darwin LNG. The issues with Barossa have been well-documented &#8211; in 2023 ANZ and Westpac faced formal <a href=\"https:\/\/www.marketforces.org.au\/australias-big-four-banks-receive-human-riights-complaint-over-financing-of-barossa\/\" target=\"_blank\" rel=\"noopener\">human rights complaints<\/a> from Tiwi and Larrakia Traditional Owners over their involvement in a loan related to the project.<\/li>\n<li>Scarborough: In February 2024, JERA <a href=\"https:\/\/www.jera.co.jp\/en\/news\/information\/20240223_1820\" target=\"_blank\" rel=\"noopener\">bought<\/a> a 15.1% stake in Woodside\u2019s climate-wrecking Scarbrough gas field off the coast of North-Western Australia. The gas produced from Scarborough would, when burned, see nearly 700 million tonnes of CO2 enter the atmosphere, almost <a href=\"https:\/\/www.marketforces.org.au\/campaigns\/banks\/banking-climate-failure-2023\/\" target=\"_blank\" rel=\"noopener\">1.5<\/a> times Australia\u2019s annual emissions.<\/li>\n<li>Freeport LNG Expansion: JERA owns a <a href=\"https:\/\/www.jera.co.jp\/en\/corporate\/business\/projects\/freeport\" target=\"_blank\" rel=\"noopener\">25.7%<\/a> stake in the Freeport LNG project in Texas, USA. Freeport LNG is <a href=\"https:\/\/freeportlng.com\/our-business\/train-4-expansion#:~:text=Train%204%20Project%20Overview&amp;text=This%20expansion%20will%20allow%20for,economic%20benefits%20for%20the%20U.S.\" target=\"_blank\" rel=\"noopener\">expanding<\/a> its capacity, which would make the facility at least the <a href=\"https:\/\/www.statista.com\/statistics\/1263935\/largest-operational-lng-terminals-by-capacity-worldwide\/#:~:text=Sabine%20Pass%20is%20the%20largest,of%2022.2%20million%20metric%20tons.\" target=\"_blank\" rel=\"noopener\">fourth<\/a> biggest LNG project in the world.<\/li>\n<\/ul>\n<p>JERA is a major player in the<a href=\"https:\/\/www.marketforces.org.au\/campaigns\/asia\/japans-fossil-gas-expansion\/\" target=\"_blank\" rel=\"noopener\"> Japan-led fossil gas expansion<\/a> in Asia, pursuing five LNG import terminals and LNG to power projects with nameplate capacity of 11.6GW in Bangladesh and Vietnam, effectively trying to lock these countries into dirty and expensive fossil fuels instead of renewable energy. Perhaps most egregious of these examples is the pursuit of carbon bomb LNG projects in the <a href=\"https:\/\/fossilfreechattogram.com\/\" target=\"_blank\" rel=\"noopener\">Chattogram<\/a> region of Bangladesh.<\/p>\n<p>[\/et_pb_toggle][et_pb_toggle title=&#8221;APA Group&#8221; open_toggle_background_color=&#8221;RGBA(255,255,255,0)&#8221; closed_toggle_background_color=&#8221;RGBA(255,255,255,0)&#8221; icon_color=&#8221;#fa6d6d&#8221; toggle_icon=&#8221;&#x4c;||divi||400&#8243; use_icon_font_size=&#8221;on&#8221; icon_font_size=&#8221;20px&#8221; open_icon_color=&#8221;#fa6d6d&#8221; open_toggle_icon=&#8221;&#x4b;||divi||400&#8243; open_use_icon_font_size=&#8221;on&#8221; open_icon_font_size=&#8221;20px&#8221; disabled_on=&#8221;off|off|off&#8221; _builder_version=&#8221;4.26.0&#8243; _module_preset=&#8221;default&#8221; title_level=&#8221;h6&#8243; title_font=&#8221;|800|||||||&#8221; title_font_size=&#8221;18px&#8221; title_line_height=&#8221;1.75em&#8221; closed_title_font=&#8221;|800|||||||&#8221; closed_title_font_size=&#8221;18px&#8221; closed_title_line_height=&#8221;1.75em&#8221; body_line_height=&#8221;1.8em&#8221; custom_padding=&#8221;|10px||10px|false|true&#8221; border_width_all=&#8221;0px&#8221; border_width_bottom=&#8221;1px&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>In November 2023, Westpac loaned $80 million to APA Group, as part of a $1.25 billion loan. While part of this loan will be used to fund APA\u2019s acquisition of Alinta Energy\u2019s existing Pilbara gas assets, it will also be used for \u2018general corporate purposes\u2019. The loan will not mature in full until 2033.<\/p>\n<p>In 2023, APA Group signed preliminary agreements with the leading developers of the Beetaloo Basin, <a href=\"https:\/\/www.apa.com.au\/news\/asx-releases\/2023\/apa-signs-initial-agreement-to-commence-work-to-connect-empire-energys-beetaloo-basin-assets\/\" target=\"_blank\" rel=\"noopener\">Empire Energy<\/a> and <a href=\"https:\/\/www.apa.com.au\/news\/asx-releases\/2023\/apa-signs-initial-agreement-with-tamboran-resources\/\" target=\"_blank\" rel=\"noopener\">Tamboran Resources<\/a>, to construct pipelines that would unlock the carbon bomb Beetaloo Basin. <span class=\"OYPEnA text-decoration-none text-strikethrough-none\">Market Forces analysis estimates Beetaloo gas would create end-user emissions of 1.1 billion tonnes of CO\u2082-e, more than<span>\u00a0<\/span><span>double Australia\u2019s annual emissions in\u00a0<\/span><a href=\"https:\/\/greenhouseaccounts.climatechange.gov.au\/\" target=\"_blank\" rel=\"noopener\">2021<\/a><span>.<\/span><\/span><\/p>\n<p>Despite the fact that Westpac has ruled out project finance for gas pipelines that unlock new or expanded gas fields, it has no policy restricting corporate finance to the companies building them. Unlike Westpac\u2019s upstream oil and gas clients, pipeline companies like APA will not even be expected to produce emissions reductions (climate transition) plans in order to continue receiving funding. This is a massive loophole considering the infrastructure APA intends to build will unlock those fields and bring the gas to markets where it will be burned.<\/p>\n<p>[\/et_pb_toggle][et_pb_toggle title=&#8221;GE Vernova&#8221; open_toggle_background_color=&#8221;RGBA(255,255,255,0)&#8221; closed_toggle_background_color=&#8221;RGBA(255,255,255,0)&#8221; icon_color=&#8221;#fa6d6d&#8221; toggle_icon=&#8221;&#x4c;||divi||400&#8243; use_icon_font_size=&#8221;on&#8221; icon_font_size=&#8221;20px&#8221; open_icon_color=&#8221;#fa6d6d&#8221; open_toggle_icon=&#8221;&#x4b;||divi||400&#8243; open_use_icon_font_size=&#8221;on&#8221; open_icon_font_size=&#8221;20px&#8221; disabled_on=&#8221;off|off|off&#8221; _builder_version=&#8221;4.26.0&#8243; _module_preset=&#8221;default&#8221; title_level=&#8221;h6&#8243; title_font=&#8221;|800|||||||&#8221; title_font_size=&#8221;18px&#8221; title_line_height=&#8221;1.75em&#8221; closed_title_font=&#8221;|800|||||||&#8221; closed_title_font_size=&#8221;18px&#8221; closed_title_line_height=&#8221;1.75em&#8221; body_line_height=&#8221;1.8em&#8221; custom_padding=&#8221;|10px||10px|false|true&#8221; border_width_all=&#8221;0px&#8221; border_width_bottom=&#8221;1px&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>In March 2024 Westpac was involved in a whopping $9.2 billion loan to <a href=\"https:\/\/www.marketforces.org.au\/campaigns\/asia\/general-electric\/\" target=\"_blank\" rel=\"noopener\">GE Vernova<\/a>. This loan coincided with General Electric spinning off GE Vernova, a company specialising in the energy sector.<\/p>\n<p>Despite the company\u2019s name meaning \u201cnew green\u201d, it has vast fossil fuel holdings and its business strategy includes building out an enormous amount of new LNG power plants in Bangladesh and Vietnam. In the Chattogram region of Bangladesh alone, gas or LNG projects with GE involvement would add approximately 430 million tonnes of carbon dioxide equivalent (CO2-e) to the atmosphere throughout the plants\u2019 operational lives, over <a href=\"https:\/\/ourworldindata.org\/co2\/country\/bangladesh\" target=\"_blank\" rel=\"noopener\">four times<\/a> the CO2 the country emitted in 2022.<\/p>\n<p>Because GE Vernova is involved in gas-fired power generation and supplying equipment to gas power stations (rather than the extraction of the gas itself), it is exempt from Westpac\u2019s <a href=\"https:\/\/www.marketforces.org.au\/westpac-takes-two-steps-forward-one-big-step-back\/\" target=\"_blank\" rel=\"noopener\">requirement<\/a> that certain fossil fuel customers have a Paris-aligned transition plan to continue receiving finance. That means Westpac may carry on funding GE Vernova indefinitely despite its prolific role in the massive gas expansion occurring in the Asia Pacific. This clearly shows that these banks\u2019 existing policies are not good enough.<\/p>\n<p>[\/et_pb_toggle][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; disabled_on=&#8221;on|on|off&#8221; _builder_version=&#8221;4.26.0&#8243; background_color=&#8221;#f2f2f2&#8243; module_alignment=&#8221;center&#8221; custom_padding=&#8221;3px|||||&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row column_structure=&#8221;1_4,3_4&#8243; use_custom_gutter=&#8221;on&#8221; _builder_version=&#8221;4.24.0&#8243; custom_padding=&#8221;0px||0px||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;1_4&#8243; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_image src=&#8221;https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2023\/02\/Westpac-Logo-Scribble-150&#215;150-1.png&#8221; alt=&#8221;Westpac&#8221; title_text=&#8221;Westpac-Logo-Scribble-150&#215;150&#8243; align=&#8221;center&#8221; _builder_version=&#8221;4.16&#8243; animation_style=&#8221;fade&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][\/et_pb_column][et_pb_column type=&#8221;3_4&#8243; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_text module_id=&#8221;scorecard-bank-actions&#8221; _builder_version=&#8221;4.27.2&#8243; header_2_font=&#8221;|800|||||||&#8221; header_2_text_align=&#8221;left&#8221; header_2_line_height=&#8221;1.3em&#8221; custom_padding=&#8221;30px||||false|false&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2 style=\"text-align: left;\">Westpac Climate Scorecard<\/h2>\n<p style=\"text-align: left;\">since January 2016<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;2_3,1_3&#8243; use_custom_gutter=&#8221;on&#8221; make_equal=&#8221;on&#8221; _builder_version=&#8221;4.20.2&#8243; background_color=&#8221;rgba(67,50,67,0.1)&#8221; custom_margin=&#8221;||||false|false&#8221; custom_padding=&#8221;5px||5px||false|false&#8221; custom_css_main_element=&#8221;align-items: center;&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;2_3&#8243; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.24.0&#8243; custom_margin=&#8221;|0px|||false|false&#8221; custom_padding=&#8221;15px|15px|15px|20px|false|false&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p style=\"text-align: left;\">Total lending to fossil fuels<\/p>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_3&#8243; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.26.0&#8243; text_font=&#8221;|700|||||||&#8221; text_font_size=&#8221;20px&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p style=\"text-align: left;\">$9,797 million<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;2_3,1_3&#8243; use_custom_gutter=&#8221;on&#8221; make_equal=&#8221;on&#8221; _builder_version=&#8221;4.24.0&#8243; background_color=&#8221;#FFFFFF&#8221; custom_margin=&#8221;||||false|false&#8221; custom_padding=&#8221;5px||5px||false|false&#8221; custom_css_main_element=&#8221;align-items: center;&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;2_3&#8243; _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;|0px||0px|false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.24.0&#8243; custom_margin=&#8221;|0px|||false|false&#8221; custom_padding=&#8221;15px|15px|15px|20px|false|false&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p style=\"text-align: left;\">Lending to companies with expansion plans<\/p>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_3&#8243; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.26.0&#8243; text_font=&#8221;|700|||||||&#8221; text_font_size=&#8221;20px&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p style=\"text-align: left;\">$4,323 million<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;2_3,1_3&#8243; use_custom_gutter=&#8221;on&#8221; make_equal=&#8221;on&#8221; _builder_version=&#8221;4.20.2&#8243; background_color=&#8221;rgba(67,50,67,0.1)&#8221; custom_margin=&#8221;||||false|false&#8221; custom_padding=&#8221;5px||5px||false|false&#8221; custom_css_main_element=&#8221;align-items: center;&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;2_3&#8243; _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;|0px||0px|false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.24.0&#8243; custom_margin=&#8221;|0px|||false|false&#8221; custom_padding=&#8221;15px|15px|15px|20px|false|false&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p style=\"text-align: left;\">Lending to expansionary projects<\/p>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_3&#8243; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.24.0&#8243; text_font_size=&#8221;20px&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p style=\"text-align: left;\"><strong>$1,180 million<\/strong><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;2_3,1_3&#8243; use_custom_gutter=&#8221;on&#8221; make_equal=&#8221;on&#8221; _builder_version=&#8221;4.20.2&#8243; background_color=&#8221;#FFFFFF&#8221; custom_margin=&#8221;||||false|false&#8221; custom_padding=&#8221;5px||5px||false|false&#8221; custom_css_main_element=&#8221;align-items: center;&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;2_3&#8243; _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;|0px||0px|false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.24.0&#8243; custom_margin=&#8221;|0px|||false|false&#8221; custom_padding=&#8221;15px|15px|15px|20px|false|false&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p style=\"text-align: left;\">Total emissions enabled from expansionary projects<br \/>(tonnes CO<sub>2<\/sub>)<\/p>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_3&#8243; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.24.0&#8243; text_font_size=&#8221;20px&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p style=\"text-align: left;\"><strong>3 billion<\/strong><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.17.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.17.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.26.0&#8243; _module_preset=&#8221;default&#8221; text_font_size=&#8221;14px&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p style=\"text-align: left;\"><em>The data in this section covers the timeframe 1 Jan 2016 \u2013 31 Dec 2023<\/em><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; disabled_on=&#8221;on|on|off&#8221; _builder_version=&#8221;4.26.0&#8243; module_alignment=&#8221;center&#8221; custom_padding=&#8221;3px|||||&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;||0px||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; header_2_font=&#8221;|800|||||||&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>Westpac policy scorecard<\/h2>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;||0px||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.26.0&#8243; _module_preset=&#8221;default&#8221; header_2_font=&#8221;Inter|800|||||||&#8221; header_2_text_color=&#8221;#131313&#8243; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h3>New and expanded fossil fuels<\/h3>\n<p>Westpac Policy Source(s): <a href=\"https:\/\/www.westpac.com.au\/content\/dam\/public\/wbc\/documents\/pdf\/aw\/sustainability\/Climate_Change_Position_Statement_and_Action_Plan.pdf\" target=\"_blank\" rel=\"noopener\">Westpac 2023 Climate Change Position Statement and Action Plan<\/a>, <a href=\"https:\/\/www.westpac.com.au\/content\/dam\/public\/wbc\/documents\/pdf\/aw\/ic\/Westpac-2023-Climate-Report.pdf\" target=\"_blank\" rel=\"noopener\">Westpac 2023 Climate Report<\/a><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_toggle title=&#8221;Coal mines &#8221; open_toggle_background_color=&#8221;RGBA(255,255,255,0)&#8221; closed_toggle_background_color=&#8221;RGBA(255,255,255,0)&#8221; icon_color=&#8221;#fa6d6d&#8221; toggle_icon=&#8221;&#x4c;||divi||400&#8243; use_icon_font_size=&#8221;on&#8221; icon_font_size=&#8221;20px&#8221; open_icon_color=&#8221;#fa6d6d&#8221; open_toggle_icon=&#8221;&#x4b;||divi||400&#8243; open_use_icon_font_size=&#8221;on&#8221; open_icon_font_size=&#8221;20px&#8221; disabled_on=&#8221;off|off|off&#8221; _builder_version=&#8221;4.26.0&#8243; _module_preset=&#8221;default&#8221; title_level=&#8221;h6&#8243; title_font=&#8221;|800|||||||&#8221; title_font_size=&#8221;18px&#8221; title_line_height=&#8221;1.75em&#8221; closed_title_font=&#8221;|800|||||||&#8221; closed_title_font_size=&#8221;18px&#8221; closed_title_line_height=&#8221;1.75em&#8221; body_line_height=&#8221;1.8em&#8221; custom_padding=&#8221;|10px||10px|false|true&#8221; border_width_all=&#8221;0px&#8221; border_width_bottom=&#8221;1px&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h6>The science<\/h6>\n<ul>\n<li><a href=\"https:\/\/iea.blob.core.windows.net\/assets\/86ede39e-4436-42d7-ba2a-edf61467e070\/WorldEnergyOutlook2023.pdf\" target=\"_blank\" rel=\"noopener\">IEA Net Zero Emissions by 2050 scenario (NZE)<\/a>: No new thermal or metallurgical coal mines or extensions<\/li>\n<li><a href=\"https:\/\/www.ipcc.ch\/report\/ar6\/syr\/downloads\/report\/IPCC_AR6_SYR_LongerReport.pdf\" target=\"_blank\" rel=\"noopener\">IPCC (AR6):<\/a> Emissions from existing fossil fuel infrastructure without additional abatement would exceed the total limit of emissions in 1.5\u00b0C pathways with no or limited overshoot<\/li>\n<\/ul>\n<h4>Thermal coal:<\/h4>\n<p><strong>Project-level finance policy<\/strong>: Rules out project-level finance to new, expansions or extensions of thermal coal mines.<\/p>\n<p><strong>Corporate finance policy<\/strong>: Rules out corporate lending to companies that earn more than 15% of their revenue from thermal coal mining.<\/p>\n<p><strong>Bonds policy<\/strong>: Rules out arranging bonds for companies that earn more than 15% of their revenue from thermal coal mining.<\/p>\n<h4>Metallurgical coal:<\/h4>\n<p><strong>Project-level finance policy<\/strong>: Rules out project finance for greenfield (new) metallurgical coal mines, but not expansions or extensions of existing mines.<\/p>\n<p><strong>Corporate finance policy<\/strong>: Doesn\u2019t rule out corporate lending to companies building new and expanded metallurgical coal mines, or mine lifetime extensions.<\/p>\n<p><strong>Bonds policy<\/strong>: Doesn\u2019t rule out arranging bonds for companies building new and expanded metallurgical coal mines, or mine lifetime extensions.<\/p>\n<p><strong>Clients pursuing new, expanded, or metallurgical coal mine lifetime extensions<\/strong>: BHP<\/p>\n<p><strong>Which banks are they lagging behind?<\/strong><\/p>\n<p><strong>Corporate finance and bonds:<\/strong><\/p>\n<p><a href=\"https:\/\/www.labanquepostale.com\/content\/dam\/lbp\/documents\/institutionnel\/en\/community-engagement\/2023\/Oil-and-Gas-Sector-Policy.pdf\" target=\"_blank\" rel=\"noopener\">La Banque Postale<\/a> has committed to not provide finance to coal companies that are developing new coal-related projects.<\/p>\n<p>[\/et_pb_toggle][et_pb_toggle title=&#8221;Coal power plants&#8221; open_toggle_background_color=&#8221;RGBA(255,255,255,0)&#8221; closed_toggle_background_color=&#8221;RGBA(255,255,255,0)&#8221; icon_color=&#8221;#fa6d6d&#8221; toggle_icon=&#8221;&#x4c;||divi||400&#8243; use_icon_font_size=&#8221;on&#8221; icon_font_size=&#8221;20px&#8221; open_icon_color=&#8221;#fa6d6d&#8221; open_toggle_icon=&#8221;&#x4b;||divi||400&#8243; open_use_icon_font_size=&#8221;on&#8221; open_icon_font_size=&#8221;20px&#8221; disabled_on=&#8221;off|off|off&#8221; _builder_version=&#8221;4.26.0&#8243; _module_preset=&#8221;default&#8221; title_level=&#8221;h6&#8243; title_font=&#8221;|800|||||||&#8221; title_font_size=&#8221;18px&#8221; title_line_height=&#8221;1.75em&#8221; closed_title_font=&#8221;|800|||||||&#8221; closed_title_font_size=&#8221;18px&#8221; closed_title_line_height=&#8221;1.75em&#8221; body_line_height=&#8221;1.8em&#8221; custom_padding=&#8221;|10px||10px|false|true&#8221; border_width_all=&#8221;0px&#8221; border_width_bottom=&#8221;1px&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h6>The science<\/h6>\n<ul>\n<li>IEA NZE: No new coal power projects<\/li>\n<li>IPCC (AR6) limited overshoot 1.5\u00b0C pathways: No new fossil fuel infrastructure (See above)<\/li>\n<\/ul>\n<p><strong>Project-level finance policy<\/strong>: Rules out project-level finance to new thermal coal-fired power plants.<\/p>\n<p><strong>Corporate finance policy<\/strong>: Doesn\u2019t rule out corporate lending to companies building or expanding coal power.<\/p>\n<p><strong>Bonds policy<\/strong>: Doesn\u2019t rule out arranging financing companies building or expanding coal power.<\/p>\n<p><strong>Which banks are they lagging behind?<\/strong><\/p>\n<p><a href=\"https:\/\/www.commbank.com.au\/content\/dam\/commbank\/about-us\/download-printed-forms\/environment-and-social-framework.pdf\" target=\"_blank\" rel=\"noopener\">CommBank<\/a>: which has ruled out providing corporate finance or \u2018bond facilitation\u2019 to companies that are proposing to expand or are expanding their coal-fired power generation capacity.<\/p>\n<p>[\/et_pb_toggle][et_pb_toggle title=&#8221;Oil and gas fields &#8221; open_toggle_background_color=&#8221;RGBA(255,255,255,0)&#8221; closed_toggle_background_color=&#8221;RGBA(255,255,255,0)&#8221; icon_color=&#8221;#fa6d6d&#8221; toggle_icon=&#8221;&#x4c;||divi||400&#8243; use_icon_font_size=&#8221;on&#8221; icon_font_size=&#8221;20px&#8221; open_icon_color=&#8221;#fa6d6d&#8221; open_toggle_icon=&#8221;&#x4b;||divi||400&#8243; open_use_icon_font_size=&#8221;on&#8221; open_icon_font_size=&#8221;20px&#8221; disabled_on=&#8221;off|off|off&#8221; _builder_version=&#8221;4.26.0&#8243; _module_preset=&#8221;default&#8221; title_level=&#8221;h6&#8243; title_font=&#8221;|800|||||||&#8221; title_font_size=&#8221;18px&#8221; title_line_height=&#8221;1.75em&#8221; closed_title_font=&#8221;|800|||||||&#8221; closed_title_font_size=&#8221;18px&#8221; closed_title_line_height=&#8221;1.75em&#8221; body_line_height=&#8221;1.8em&#8221; custom_padding=&#8221;|10px||10px|false|true&#8221; border_width_all=&#8221;0px&#8221; border_width_bottom=&#8221;1px&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h6>The science<\/h6>\n<ul>\n<li>IEA NZE: No new long lead time conventional oil and gas projects<\/li>\n<li>IPCC (AR6) limited overshoot 1.5\u00b0C pathways: No new fossil fuel infrastructure (See above)<\/li>\n<\/ul>\n<p><strong>Project-level finance policy<\/strong>: Rules out project finance to new or expanded oil and gas fields.<\/p>\n<p><strong>Corporate finance policy<\/strong>: No policy to rule out corporate lending to companies pursuing new and expanded oil and gas fields.<\/p>\n<p><strong>Bonds policy<\/strong>: No policy to rule out arranging bonds for companies pursuing new and expanded oil and gas fields.<\/p>\n<p><strong>Clients pursuing new and expanded oil and gas fields<\/strong>: Santos, Woodside, Beach Energy.<\/p>\n<p><strong>Which banks are they lagging behind?<\/strong><\/p>\n<p><strong>Corporate finance:<\/strong><\/p>\n<p><a href=\"https:\/\/danskebank.com\/-\/media\/danske-bank-com\/file-cloud\/2017\/5\/danske-bank-position-statement-fossil-fuels.pdf\" target=\"_blank\" rel=\"noopener\">Danske Bank<\/a> has decided not to offer long-term financing or refinancing to E&amp;P oil and gas companies that intend to expand supply of oil and gas beyond what was approved for development by 31st of December 2021.<\/p>\n<p><a href=\"https:\/\/investors.natwestgroup.com\/~\/media\/Files\/R\/RBS-IR-V2\/results-center\/18022022\/2021-climate-related-disclosure-report.pdf\" target=\"_blank\" rel=\"noopener\">NatWest<\/a> has committed to stop lending to and underwriting bonds for major oil and gas producers unless they have a Credible Transition Plan aligned with the 2015 Paris Agreement.<\/p>\n<p><a href=\"https:\/\/presse.creditmutuelalliancefederale.fr\/wp-content\/uploads\/2023\/04\/Press-release-Credit-Mutuel-Alliance-Federale.pdf\" target=\"_blank\" rel=\"noopener\">Cr\u00e9dit Mutuel<\/a> has committed to not financing any oil and gas company that does not have a planned year-on-year oil and gas reduction trajectory.<\/p>\n<p>[\/et_pb_toggle][et_pb_toggle title=&#8221;LNG infrastructure&#8221; open_toggle_background_color=&#8221;RGBA(255,255,255,0)&#8221; closed_toggle_background_color=&#8221;RGBA(255,255,255,0)&#8221; icon_color=&#8221;#fa6d6d&#8221; toggle_icon=&#8221;&#x4c;||divi||400&#8243; use_icon_font_size=&#8221;on&#8221; icon_font_size=&#8221;20px&#8221; open_icon_color=&#8221;#fa6d6d&#8221; open_toggle_icon=&#8221;&#x4b;||divi||400&#8243; open_use_icon_font_size=&#8221;on&#8221; open_icon_font_size=&#8221;20px&#8221; disabled_on=&#8221;off|off|off&#8221; _builder_version=&#8221;4.26.0&#8243; _module_preset=&#8221;default&#8221; title_level=&#8221;h6&#8243; title_font=&#8221;|800|||||||&#8221; title_font_size=&#8221;18px&#8221; title_line_height=&#8221;1.75em&#8221; closed_title_font=&#8221;|800|||||||&#8221; closed_title_font_size=&#8221;18px&#8221; closed_title_line_height=&#8221;1.75em&#8221; body_line_height=&#8221;1.8em&#8221; custom_padding=&#8221;|10px||10px|false|true&#8221; border_width_all=&#8221;0px&#8221; border_width_bottom=&#8221;1px&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h6>The science<\/h6>\n<ul>\n<li>IEA NZE: \u201ca global [LNG] supply glut forms in the mid-2020s and under construction projects are no longer necessary.\u201d (<a href=\"https:\/\/iea.blob.core.windows.net\/assets\/86ede39e-4436-42d7-ba2a-edf61467e070\/WorldEnergyOutlook2023.pdf\" target=\"_blank\" rel=\"noopener\">p. 139<\/a>)<\/li>\n<li>IPCC (AR6) limited overshoot 1.5\u00b0C pathways: No new fossil fuel infrastructure (See above)<\/li>\n<\/ul>\n<p><strong>Project-level finance policy<\/strong>: Rules out project finance to LNG projects servicing new or expansionary oil and gas fields<\/p>\n<p><strong>Corporate finance policy<\/strong>: No policy to rule out financing to companies pursuing new and expansionary LNG projects<\/p>\n<p><strong>Bonds policy<\/strong>: No policy to rule out arranging bonds for companies pursuing new and expansionary LNG projects<\/p>\n<p><strong>Clients pursuing new and expanded LNG projects<\/strong>: JERA, GE Vernova, Woodside, Global Infrastructure Partners (Pluto 2 LNG Train)<\/p>\n<p>[\/et_pb_toggle][et_pb_toggle title=&#8221;Pipelines &#8221; open_toggle_background_color=&#8221;RGBA(255,255,255,0)&#8221; closed_toggle_background_color=&#8221;RGBA(255,255,255,0)&#8221; icon_color=&#8221;#fa6d6d&#8221; toggle_icon=&#8221;&#x4c;||divi||400&#8243; use_icon_font_size=&#8221;on&#8221; icon_font_size=&#8221;20px&#8221; open_icon_color=&#8221;#fa6d6d&#8221; open_toggle_icon=&#8221;&#x4b;||divi||400&#8243; open_use_icon_font_size=&#8221;on&#8221; open_icon_font_size=&#8221;20px&#8221; disabled_on=&#8221;off|off|off&#8221; _builder_version=&#8221;4.26.0&#8243; _module_preset=&#8221;default&#8221; title_level=&#8221;h6&#8243; title_font=&#8221;|800|||||||&#8221; title_font_size=&#8221;18px&#8221; title_line_height=&#8221;1.75em&#8221; closed_title_font=&#8221;|800|||||||&#8221; closed_title_font_size=&#8221;18px&#8221; closed_title_line_height=&#8221;1.75em&#8221; body_line_height=&#8221;1.8em&#8221; custom_padding=&#8221;|10px||10px|false|true&#8221; border_width_all=&#8221;0px&#8221; border_width_bottom=&#8221;1px&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<ul>\n<li>IEA NZE: No new long lead time conventional oil and gas projects<\/li>\n<li>IPCC (AR6) limited overshoot 1.5\u00b0C pathways: No new fossil fuel infrastructure (See above)<\/li>\n<\/ul>\n<p><strong>Project-level finance policy<\/strong>: Rules out project finance to pipelines servicing new or expanded oil and gas fields.<\/p>\n<p><strong>Corporate finance policy<\/strong>: No policy to rule out corporate lending companies developing pipelines for new and expanded oil and gas fields.<\/p>\n<p><strong>Bonds policy<\/strong>: No policy to rule out arranging bonds for companies developing pipelines for new and expanded oil and gas fields.<\/p>\n<p><strong>Clients pursuing pipelines for new and expanded oil and gas fields:<\/strong> APA Group<\/p>\n<p>[\/et_pb_toggle][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.26.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.26.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.26.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>Appendix<\/h2>\n<p>[\/et_pb_text][et_pb_toggle title=&#8221;Reporting differences&#8221; open_toggle_background_color=&#8221;RGBA(255,255,255,0)&#8221; closed_toggle_background_color=&#8221;RGBA(255,255,255,0)&#8221; icon_color=&#8221;#fa6d6d&#8221; toggle_icon=&#8221;&#x4c;||divi||400&#8243; use_icon_font_size=&#8221;on&#8221; icon_font_size=&#8221;20px&#8221; open_icon_color=&#8221;#fa6d6d&#8221; open_toggle_icon=&#8221;&#x4b;||divi||400&#8243; open_use_icon_font_size=&#8221;on&#8221; open_icon_font_size=&#8221;20px&#8221; disabled_on=&#8221;off|off|off&#8221; _builder_version=&#8221;4.26.0&#8243; _module_preset=&#8221;default&#8221; title_level=&#8221;h6&#8243; title_font=&#8221;|800|||||||&#8221; title_font_size=&#8221;18px&#8221; title_line_height=&#8221;1.75em&#8221; closed_title_font=&#8221;|800|||||||&#8221; closed_title_font_size=&#8221;18px&#8221; closed_title_line_height=&#8221;1.75em&#8221; body_line_height=&#8221;1.8em&#8221; custom_padding=&#8221;|10px||10px|false|true&#8221; border_width_all=&#8221;0px&#8221; border_width_bottom=&#8221;1px&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><b>Market Forces reports lending differently to the banks<\/b><\/p>\n<p>Each of the big four banks report their fossil fuel exposures based on their lending portfolio to the industry. However, the banks use different reporting methodologies, with some reporting in more detail than others in terms of total exposures to the fossil fuel supply chain.<\/p>\n<p>Market Forces reports on the lending that banks participate in each year, including refinancing of existing deals. We consider each refinancing a conscious decision by a lender to continue supporting a company or project, and lending groups can and often do change upon refinancing and we want to capture this.<\/p>\n<p>In addition, through refinancing existing loans for a new fixed term, a bank is making money available to a fossil fuel company that it otherwise would not have if the bank had decided to not refinance.<\/p>\n<p>When banks report on exposure however, refinancing will not show up as \u2018additional exposure\u2019 unless the bank decides to commit more money, as that money is already on the bank&#8217;s books. Whilst this approach is legitimate, we believe it doesn\u2019t capture the extent of support the banks provide to companies by refinancing, which is essentially to provide more money to fossil fuel companies for longer periods of time.<\/p>\n<p>[\/et_pb_toggle][et_pb_toggle title=&#8221;Westpac&#8217;s reported fossil fuel exposure&#8221; open_toggle_background_color=&#8221;RGBA(255,255,255,0)&#8221; closed_toggle_background_color=&#8221;RGBA(255,255,255,0)&#8221; icon_color=&#8221;#fa6d6d&#8221; toggle_icon=&#8221;&#x4c;||divi||400&#8243; use_icon_font_size=&#8221;on&#8221; icon_font_size=&#8221;20px&#8221; open_icon_color=&#8221;#fa6d6d&#8221; open_toggle_icon=&#8221;&#x4b;||divi||400&#8243; open_use_icon_font_size=&#8221;on&#8221; open_icon_font_size=&#8221;20px&#8221; disabled_on=&#8221;off|off|off&#8221; _builder_version=&#8221;4.26.0&#8243; _module_preset=&#8221;default&#8221; title_level=&#8221;h6&#8243; title_font=&#8221;|800|||||||&#8221; title_font_size=&#8221;18px&#8221; title_line_height=&#8221;1.75em&#8221; closed_title_font=&#8221;|800|||||||&#8221; closed_title_font_size=&#8221;18px&#8221; closed_title_line_height=&#8221;1.75em&#8221; body_line_height=&#8221;1.8em&#8221; custom_padding=&#8221;|10px||10px|false|true&#8221; border_width_all=&#8221;0px&#8221; border_width_bottom=&#8221;1px&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Westpac reported fossil fuel <a href=\"https:\/\/www.westpac.com.au\/content\/dam\/public\/wbc\/documents\/pdf\/aw\/ic\/Westpac-2023-Climate-Report.pdf\" target=\"_blank\" rel=\"noopener\">exposures<\/a> include:<\/p>\n<p>Oil and gas extraction and terminals (LNG), Oil and gas exploration, metallurgical coal mining and metallurgical coal in diversified miners, thermal coal miners, coal ports, gas-fired electricity generation, black and brown coal-fired electricity generation, \u2018liquid fuel\u2019 for electricity generation, oil and gas refining, oil and gas distribution and retail.<\/p>\n<p>Westpac updated its exposure reporting in 2020 in the current format, making prior year comparisons non-comparable. Westpac no longer reports on its specific exposure to \u2018coal rail\u2019.<\/p>\n\n<div class=\"wdt-wrapper-chart-loader\" data-id=\"127\"\n     style=\"height: 400px;\">\n    <div class=\"wdt-main-item\">\n                <div class=\"wdt-chart-animated-background\" style=\"height: 100px\">\n            <div class=\"wdt-background-masker wdt-btn-divide-left wdt-chart-one\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-2\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-3\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-4 wdt-chart-three\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-5\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-6\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-7 \"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-8\"><\/div>\n        <\/div>\n        <div 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custom_margin=&#8221;0px||0px||false|false&#8221; custom_padding=&#8221;0px||||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row disabled_on=&#8221;on|on|on&#8221; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#f9f9f9&#8243; max_width=&#8221;700px&#8221; custom_padding=&#8221;3%|3%|3%|3%|true|true&#8221; disabled=&#8221;on&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.26.0&#8243; _module_preset=&#8221;default&#8221; header_2_font=&#8221;Inter|800|||||||&#8221; header_2_text_color=&#8221;#131313&#8243; header_3_font=&#8221;Inter|800|||||||&#8221; header_3_text_color=&#8221;#131313&#8243; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h5>2023 Annual General Meeting season<\/h5>\n<p>ANZ, NAB and Westpac continue to undermine their commitments to the Paris Agreement by financing companies that are expanding the fossil fuel industry.<\/p>\n<p>[\/et_pb_text][et_pb_button button_url=&#8221;https:\/\/staging-marketforcesorgau.kinsta.cloud\/campaigns\/banks\/westpac-agm-season-dec-2023\/&#8221; button_text=&#8221;Learn more + take action&#8221; module_class=&#8221;btn-r&#8221; _builder_version=&#8221;4.24.0&#8243; _module_preset=&#8221;482a1284-9fe3-4937-93fc-26cfb682456a&#8221; custom_button=&#8221;on&#8221; button_text_size=&#8221;15px&#8221; button_text_color=&#8221;#131313&#8243; button_bg_color=&#8221;RGBA(255,255,255,0)&#8221; button_border_color=&#8221;RGBA(255,255,255,0)&#8221; button_icon=&#8221;&#xf061;||fa||900&#8243; button_icon_color=&#8221;#000000&#8243; button_on_hover=&#8221;off&#8221; custom_margin=&#8221;0px|0px|0px|0px|false|false&#8221; custom_padding=&#8221;0px|0px|0px|0px|false|false&#8221; custom_css_main_element=&#8221;display: inline-block;&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; button_text_color__hover_enabled=&#8221;on|hover&#8221; button_text_color__hover=&#8221;#131313&#8243; button_border_color__hover=&#8221;RGBA(255,255,255,0)&#8221; button_bg_color__hover=&#8221;RGBA(255,255,255,0)&#8221; button_text_size__hover_enabled=&#8221;on|hover&#8221; button_text_size__hover=&#8221;15px&#8221; button_icon_color__hover_enabled=&#8221;on|hover&#8221; button_icon_color__hover=&#8221;#FA6D6D&#8221;][\/et_pb_button][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; disabled_on=&#8221;off|off|off&#8221; admin_label=&#8221;Campaign news&#8221; _builder_version=&#8221;4.24.0&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#fafafa&#8221; width=&#8221;1080px&#8221; width_tablet=&#8221;100%&#8221; width_phone=&#8221;100%&#8221; width_last_edited=&#8221;on|phone&#8221; module_alignment=&#8221;center&#8221; custom_padding=&#8221;60px||0px||false|false&#8221; custom_css_main_element=&#8221;margin: auto\t&#8221; locked=&#8221;off&#8221; collapsed=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row custom_padding_last_edited=&#8221;on|phone&#8221; _builder_version=&#8221;4.19.4&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;0px|||||&#8221; custom_padding_tablet=&#8221;|40px||40px|false|false&#8221; custom_padding_phone=&#8221;|40px||40px|false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.19.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.19.4&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#fafafa&#8221; min_height=&#8221;0px&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>Campaign news<\/h2>\n<p>[\/et_pb_text][et_pb_code _builder_version=&#8221;4.24.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<div id=\"mf-banks-news\" class=\"\"><div class=\"mf-banks-news-item\">    <div class=\"mf-banks-news-post\">          <div class=\"mf-banks-news-content\">              <div class=\"mf-banks-news-date\">24 November, 2025<\/div>              <div class=\"mf-banks-news-title\">Australia\u2019s big banks face big climate decisions<\/div>          <\/div>    <\/div>    <div class=\"mf-banks-news-more\"><a href=\"https:\/\/www.marketforces.org.au\/australias-big-banks-face-big-climate-decisions-anz-westpac\/\" title=\"Read more\">Read more<\/a><\/div><\/div><div class=\"mf-banks-news-item\">    <div class=\"mf-banks-news-post\">          <div class=\"mf-banks-news-content\">              <div class=\"mf-banks-news-date\">6 June, 2025<\/div>              <div class=\"mf-banks-news-title\">Westpac\u2019s new climate plan betrays scientific reality<\/div>          <\/div>    <\/div>    <div class=\"mf-banks-news-more\"><a href=\"https:\/\/www.marketforces.org.au\/westpacs-new-climate-plan-betrays-scientific-reality\/\" title=\"Read more\">Read more<\/a><\/div><\/div><div class=\"mf-banks-news-item\">    <div class=\"mf-banks-news-post\">          <div class=\"mf-banks-news-content\">              <div class=\"mf-banks-news-date\">11 December, 2024<\/div>              <div class=\"mf-banks-news-title\">ANZ, NAB and Westpac still have no clear plan to stop financing fossil fuel expansion<\/div>          <\/div>    <\/div>    <div class=\"mf-banks-news-more\"><a href=\"https:\/\/www.marketforces.org.au\/anz-nab-westpac-still-no-clear-plan-to-stop-financing-fossil-fuel-expansion\/\" title=\"Read more\">Read more<\/a><\/div><\/div><div class=\"mf-banks-news-item\">    <div class=\"mf-banks-news-post\">          <div class=\"mf-banks-news-content\">              <div class=\"mf-banks-news-date\">14 August, 2024<\/div>              <div class=\"mf-banks-news-title\">Breaking: CommBank formally walks away from climate wrecking clients<\/div>          <\/div>    <\/div>    <div class=\"mf-banks-news-more\"><a href=\"https:\/\/www.marketforces.org.au\/commbank-2024-climate-report\/\" title=\"Read more\">Read more<\/a><\/div><\/div><\/div>[\/et_pb_code][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; custom_padding_last_edited=&#8221;on|phone&#8221; admin_label=&#8221;Join us&#8221; module_class=&#8221;join-us-bottom&#8221; _builder_version=&#8221;4.23&#8243; _module_preset=&#8221;default&#8221; background_enable_color=&#8221;off&#8221; width=&#8221;1080px&#8221; width_tablet=&#8221;100%&#8221; width_phone=&#8221;100%&#8221; width_last_edited=&#8221;on|phone&#8221; max_width=&#8221;100%&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;|0px||0px|false|false&#8221; custom_padding=&#8221;0px||60px||false|false&#8221; custom_padding_tablet=&#8221;82px||73px||false|false&#8221; custom_padding_phone=&#8221;0px|0px||0px|false|false&#8221; bottom_divider_color=&#8221;#fafafa&#8221; bottom_divider_height=&#8221;37px&#8221; bottom_divider_flip=&#8221;horizontal|vertical&#8221; custom_css_main_element=&#8221;margin: auto\t&#8221; global_module=&#8221;69044&#8243; saved_tabs=&#8221;all&#8221; collapsed=&#8221;on&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row column_structure=&#8221;2_5,3_5&#8243; make_equal=&#8221;on&#8221; module_class=&#8221;join-us-bottom&#8221; _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#131313&#8243; width=&#8221;100%&#8221; max_width=&#8221;100%&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;|auto||auto|false|false&#8221; custom_margin_tablet=&#8221;|auto||auto|false|false&#8221; custom_margin_phone=&#8221;|0px||0px|false|false&#8221; custom_margin_last_edited=&#8221;on|tablet&#8221; custom_padding=&#8221;33px|51px|47px|51px|false|false&#8221; custom_css_main_element=&#8221;max-width: 100% !important;&#8221; global_module=&#8221;72512&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;2_5&#8243; _builder_version=&#8221;4.18.1&#8243; _module_preset=&#8221;default&#8221; custom_css_main_element=&#8221;margin: auto;&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.20.0&#8243; _module_preset=&#8221;default&#8221; header_3_font=&#8221;Inter|800|||||||&#8221; header_3_text_color=&#8221;#FFFFFF&#8221; header_3_font_size=&#8221;28px&#8221; header_3_line_height=&#8221;1.2em&#8221; custom_margin=&#8221;||0px||false|false&#8221; custom_padding=&#8221;||0px||false|false&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h3><span>Join us<\/span><\/h3>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.20.0&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;Poppins|600|||||||&#8221; text_text_color=&#8221;#FFFFFF&#8221; text_line_height=&#8221;1.5em&#8221; custom_margin=&#8221;16px||||false|false&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Subscribe for email updates: be part of the movement taking action to protect our climate.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;3_5&#8243; _builder_version=&#8221;4.18.1&#8243; _module_preset=&#8221;default&#8221; custom_css_main_element=&#8221;margin: auto;\t&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_code _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]\n                <div class='gf_browser_unknown gform_wrapper gravity-theme gform-theme--no-framework mf-gf-material-design_wrapper' data-form-theme='gravity-theme' data-form-index='0' id='gform_wrapper_604' >\n                        <div class='gform_heading'>\n                            <p class='gform_description'><\/p>\n                        <\/div><form method='post' enctype='multipart\/form-data'  id='gform_604' class='mf-gf-material-design' action='\/wp-json\/wp\/v2\/pages\/42885' data-formid='604' novalidate><div class='gf_invisible ginput_recaptchav3' data-sitekey='6LdpG74bAAAAAAfG76zCHaW_pwUx9zp9bP05qG2y' data-tabindex='0'><input id=\"input_ea6b9574e47b7b702bbae435815a720b\" class=\"gfield_recaptcha_response\" type=\"hidden\" name=\"input_ea6b9574e47b7b702bbae435815a720b\" value=\"\"\/><\/div>\n                        <div class='gform-body gform_body'><div id='gform_fields_604' class='gform_fields top_label form_sublabel_below description_below validation_below'><fieldset id=\"field_604_1\" class=\"gfield gfield--type-name text_16pt gfield_contains_required field_sublabel_hidden_label gfield--no-description field_description_below hidden_label field_validation_below gfield_visibility_visible\"  ><legend class='gfield_label gform-field-label gfield_label_before_complex' >Name<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_text\">(Required)<\/span><\/span><\/legend><div class='ginput_complex ginput_container ginput_container--name no_prefix has_first_name no_middle_name no_last_name no_suffix gf_name_has_1 ginput_container_name gform-grid-row' id='input_604_1'>\n                            \n                            <span id='input_604_1_3_container' class='name_first gform-grid-col gform-grid-col--size-auto' >\n                                                    <input type='text' name='input_1.3' id='input_604_1_3' value=''   aria-required='true'   placeholder='First Name'  \/>\n                                                    <label for='input_604_1_3' class='gform-field-label gform-field-label--type-sub hidden_sub_label screen-reader-text'>First name<\/label>\n                                                <\/span>\n                            \n                            \n                            \n                        <\/div><\/fieldset><div id=\"field_604_2\" class=\"gfield gfield--type-email gfield--width-full text_16pt gfield_contains_required field_sublabel_below gfield--no-description field_description_below hidden_label field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_604_2'>Email<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_text\">(Required)<\/span><\/span><\/label><div class='ginput_container ginput_container_email'>\n                            <input name='input_2' id='input_604_2' type='email' value='' class='large'   placeholder='Email Address' aria-required=\"true\" aria-invalid=\"false\"  \/>\n                        <\/div><\/div><div id=\"field_604_3\" class=\"gfield gfield--type-select gfield_contains_required field_sublabel_below gfield--no-description field_description_below hidden_label field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_604_3'>Country<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_text\">(Required)<\/span><\/span><\/label><div class='ginput_container ginput_container_select'><select name='input_3' id='input_604_3' class='large gfield_select'    aria-required=\"true\" aria-invalid=\"false\" ><option value='' selected='selected' class='gf_placeholder'>Country<\/option><option value='' selected='selected'><\/option><option value='Australia' >Australia<\/option><option value='Bangladesh' >Bangladesh<\/option><option value='Indonesia' >Indonesia<\/option><option value='Japan' >Japan<\/option><option value='Philippines' >Philippines<\/option><option value='Singapore' >Singapore<\/option><option value='South Korea' >South Korea<\/option><option value='United Kingdom' >United Kingdom<\/option><option value='United States' >United States<\/option><option value='Vietnam' >Vietnam<\/option><option value='Afghanistan' >Afghanistan<\/option><option value='Albania' >Albania<\/option><option value='Algeria' >Algeria<\/option><option value='American Samoa' >American Samoa<\/option><option value='Andorra' >Andorra<\/option><option value='Angola' >Angola<\/option><option value='Anguilla' >Anguilla<\/option><option value='Antarctica' >Antarctica<\/option><option value='Antigua and Barbuda' >Antigua and Barbuda<\/option><option value='Argentina' >Argentina<\/option><option value='Armenia' >Armenia<\/option><option value='Aruba' >Aruba<\/option><option value='Austria' >Austria<\/option><option value='Azerbaijan' >Azerbaijan<\/option><option value='Bahamas' >Bahamas<\/option><option value='Bahrain' >Bahrain<\/option><option value='Barbados' >Barbados<\/option><option value='Belarus' >Belarus<\/option><option value='Belgium' >Belgium<\/option><option value='Belize' >Belize<\/option><option value='Benin' >Benin<\/option><option value='Bermuda' >Bermuda<\/option><option value='Bhutan' >Bhutan<\/option><option value='Bolivia' >Bolivia<\/option><option value='Bonaire, Sint Eustatius and Saba' >Bonaire, Sint Eustatius and Saba<\/option><option value='Bosnia and Herzegovina' >Bosnia and Herzegovina<\/option><option value='Botswana' >Botswana<\/option><option value='Bouvet Island' >Bouvet Island<\/option><option value='Brazil' >Brazil<\/option><option value='British Indian Ocean Territory' >British Indian Ocean Territory<\/option><option value='Brunei Darussalam' >Brunei Darussalam<\/option><option value='Bulgaria' >Bulgaria<\/option><option value='Burkina Faso' >Burkina Faso<\/option><option value='Burundi' >Burundi<\/option><option value='Cabo Verde' >Cabo Verde<\/option><option value='Cambodia' >Cambodia<\/option><option value='Cameroon' >Cameroon<\/option><option value='Canada' >Canada<\/option><option value='Cayman Islands' >Cayman Islands<\/option><option value='Central African Republic' >Central African Republic<\/option><option value='Chad' >Chad<\/option><option value='Chile' >Chile<\/option><option value='China' >China<\/option><option value='Christmas Island' >Christmas Island<\/option><option value='Cocos Islands' >Cocos Islands<\/option><option value='Colombia' >Colombia<\/option><option value='Comoros' >Comoros<\/option><option value='Congo' >Congo<\/option><option value='Congo, Democratic Republic of the' >Congo, Democratic Republic of the<\/option><option value='Cook Islands' >Cook Islands<\/option><option value='Costa Rica' >Costa Rica<\/option><option value='Croatia' >Croatia<\/option><option value='Cuba' >Cuba<\/option><option value='Cura\u00e7ao' >Cura\u00e7ao<\/option><option value='Cyprus' >Cyprus<\/option><option value='Czechia' >Czechia<\/option><option value='C\u00f4te d&#039;Ivoire' >C\u00f4te d&#039;Ivoire<\/option><option value='Denmark' >Denmark<\/option><option value='Djibouti' >Djibouti<\/option><option value='Dominica' >Dominica<\/option><option value='Dominican Republic' >Dominican Republic<\/option><option value='Ecuador' >Ecuador<\/option><option value='Egypt' >Egypt<\/option><option value='El Salvador' >El Salvador<\/option><option value='Equatorial Guinea' >Equatorial Guinea<\/option><option value='Eritrea' >Eritrea<\/option><option value='Estonia' >Estonia<\/option><option value='Eswatini' >Eswatini<\/option><option value='Ethiopia' >Ethiopia<\/option><option value='Falkland Islands' >Falkland Islands<\/option><option value='Faroe Islands' >Faroe Islands<\/option><option value='Fiji' >Fiji<\/option><option value='Finland' >Finland<\/option><option value='France' >France<\/option><option value='French Guiana' >French Guiana<\/option><option value='French Polynesia' >French Polynesia<\/option><option value='French Southern Territories' >French Southern Territories<\/option><option value='Gabon' >Gabon<\/option><option value='Gambia' >Gambia<\/option><option value='Georgia' >Georgia<\/option><option value='Germany' >Germany<\/option><option value='Ghana' >Ghana<\/option><option value='Gibraltar' >Gibraltar<\/option><option value='Greece' >Greece<\/option><option value='Greenland' >Greenland<\/option><option value='Grenada' >Grenada<\/option><option value='Guadeloupe' >Guadeloupe<\/option><option value='Guam' 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0px;\"][x_custom_headline level=\"h1\" looks_like=\"h1\" accent=\"false\" class=\"cs-ta-center\" style=\"color: hsl(0, 0%, 100%);text-transform:uppercase;margin-top: 0.75em;\"]Westpac[\/x_custom_headline][x_custom_headline level=\"h2\" looks_like=\"h3\" accent=\"false\" class=\"cs-ta-center\" style=\"color: hsl(0, 0%, 100%);text-transform:uppercase;margin-top: 0.5em;\"]Still backing companies expanding dirty fossil fuels[\/x_custom_headline][\/cs_column][\/cs_row][\/cs_section][cs_section bg_image=\"https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2016\/06\/banks_banner01.jpg\" parallax=\"false\" separator_top_type=\"none\" separator_top_height=\"50px\" separator_top_inset=\"0px\" separator_top_angle_point=\"50\" separator_bottom_type=\"none\" separator_bottom_height=\"50px\" separator_bottom_inset=\"0px\" separator_bottom_angle_point=\"50\" _label=\"Top (mobile)\" class=\"cs-hide-lg cs-hide-md cs-hide-xl\" style=\"margin: 0px;padding: 0px;height: 350px;\"][cs_row inner_container=\"true\" marginless_columns=\"false\" style=\"margin: 0px auto;padding: 0px;\"][cs_column fade=\"false\" fade_animation=\"in\" fade_animation_offset=\"45px\" fade_duration=\"750\" type=\"1\/1\" style=\"padding: 0px;\"][cs_element_gap _id=\"9\" ][x_custom_headline level=\"h1\" looks_like=\"h1\" accent=\"false\" class=\"cs-ta-center\" style=\"color: hsl(0, 0%, 100%);text-transform:uppercase;margin-top: 0.75em;\"]Westpac[\/x_custom_headline][x_custom_headline level=\"h2\" looks_like=\"h4\" accent=\"false\" class=\"cs-ta-center\" style=\"color: hsl(0, 0%, 100%);text-transform:uppercase;margin-top: 0.5em;\"]Still backing companies expanding dirty fossil fuels[\/x_custom_headline][\/cs_column][\/cs_row][\/cs_section][cs_section parallax=\"false\" separator_top_type=\"none\" separator_top_height=\"50px\" separator_top_inset=\"0px\" separator_top_angle_point=\"50\" separator_bottom_type=\"none\" separator_bottom_height=\"50px\" separator_bottom_inset=\"0px\" separator_bottom_angle_point=\"50\" _label=\"Sub menu\" style=\"margin: 0px;padding: 0px;\"][cs_row inner_container=\"false\" marginless_columns=\"true\" style=\"margin: 0px auto;padding: 0px;\"][cs_column fade=\"false\" fade_animation=\"in\" fade_animation_offset=\"45px\" fade_duration=\"750\" type=\"1\/3\" style=\"padding: 0px;\"][x_button type=\"flat\" shape=\"square\" size=\"global\" block=\"true\" circle=\"false\" icon_only=\"false\" href=\"#take-action\" title=\"\" target=\"\" info=\"none\" info_place=\"top\" info_trigger=\"hover\" info_content=\"\" style=\"background:#d5002b;border:none;\"]Take action[\/x_button][\/cs_column][cs_column fade=\"false\" fade_animation=\"in\" fade_animation_offset=\"45px\" fade_duration=\"750\" type=\"1\/3\" style=\"padding: 0px;\"][x_button type=\"flat\" shape=\"square\" size=\"global\" block=\"true\" circle=\"false\" icon_only=\"false\" href=\"#scorecard\" title=\"\" target=\"\" info=\"none\" info_place=\"top\" info_trigger=\"hover\" info_content=\"\" style=\"background:#e66680;border:none;\"]Climate scorecard[\/x_button][\/cs_column][cs_column fade=\"false\" fade_animation=\"in\" fade_animation_offset=\"45px\" fade_duration=\"750\" type=\"1\/3\" style=\"padding: 0px;\"][x_button type=\"flat\" shape=\"square\" size=\"global\" block=\"true\" circle=\"false\" icon_only=\"false\" href=\"#expanding-fossil-fuels\" title=\"\" target=\"\" info=\"none\" info_place=\"top\" info_trigger=\"hover\" info_content=\"\" style=\"background:#d5002b;border:none;\"]Expanding fossil fuels[\/x_button][\/cs_column][\/cs_row][\/cs_section][cs_element_section _id=\"20\" ][cs_element_layout_row _id=\"21\" ][cs_element_layout_column _id=\"22\" ][x_image type=\"none\" src=\"https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2016\/12\/Westpac-Logo-Scribble-150x150.png\" alt=\"\" link=\"false\" href=\"#\" title=\"\" target=\"\" info=\"none\" info_place=\"top\" info_trigger=\"hover\" info_content=\"\" style=\"margin-bottom: 0px;\"][x_counter num_start=\"0\" num_end=\"5\" num_speed=\"500\" num_prefix=\"$\" num_suffix=\" billion\" num_color=\"hsl(350, 40%, 40%)\" text_above=\"\" text_below=\"loaned to dirty fossil fuels globally since 2016\" text_color=\"\"][cs_element_gap _id=\"25\" ][cs_text class=\"cs-ta-center\"]\n<p style=\"text-align: left;\">In May 2020, thanks to a strong community campaign, Westpac, the Australian bank most exposed to coal power <a href=\"https:\/\/www.marketforces.org.au\/westpac-sets-thermal-coal-exit-date-re-commits-to-paris-alignment\/\">committed to exit thermal coal by 2030<\/a>.<\/p>\n<p style=\"text-align: left;\">While this is a good first step, if Westpac is to fulfill its stated commitment to the climate goals of the Paris Agreement it needs to go a lot further.<\/p>\n<p style=\"text-align: left;\">Westpac must rule out lending to any project or company seeking to expand the fossil fuel sector and set science-based dates for the phase-out of its oil and gas exposure.<\/p>\n<p style=\"text-align: left;\"><strong>Acknowledge Westpac\u2019s important first step, and tell it it must do more in order to play its part in limiting global warming to 1.5 degrees.<\/strong><\/p>\n[\/cs_text][x_share title=\"Share this page\" share_title=\"\" facebook=\"true\" twitter=\"true\" google_plus=\"false\" linkedin=\"true\" pinterest=\"false\" reddit=\"true\" email=\"true\" email_subject=\"ANZ lending billions to fossil fuels! Check this page out\" style=\"margin-top:40px;\"][cs_element_image _id=\"28\" ][\/cs_element_layout_column][cs_element_layout_column _id=\"29\" ][cs_text id=\"take-action\" class=\"cs-ta-center\"]\n<h4 style=\"margin-top: 0px;\"><strong>Take action: tell Westpac that its Paris Agreement pledge means no more fossil fuels!<\/strong><\/h4>\n[\/cs_text][cs_element_line _id=\"31\" ][cs_element_gap _id=\"32\" ][cs_text class=\"cs-ta-center\"]Use the form below to send your message to Westpac. If you aren't a customer or shareholder of the bank, you can instead send a message to all four major banks <a href=\"https:\/\/www.marketforces.org.au\/campaigns\/banks-new\/bigfourscorecard\/#scorecard-take-action\">here<\/a>.[\/cs_text][gravityform id=\"308\" title=\"false\" description=\"true\" ajax=\"true\" tabindex=\"1\"][cs_element_gap _id=\"35\" ][cs_element_raw_content _id=\"36\" ][\/cs_element_layout_column][\/cs_element_layout_row][\/cs_element_section][cs_section id=\"scorecard\" parallax=\"false\" separator_top_type=\"none\" separator_top_height=\"50px\" separator_top_inset=\"0px\" separator_top_angle_point=\"50\" separator_bottom_type=\"none\" separator_bottom_height=\"50px\" separator_bottom_inset=\"0px\" separator_bottom_angle_point=\"50\" _label=\"Scorecard \/ open letter\" style=\"margin: 20px 0px;padding: 0px;\"][cs_row inner_container=\"true\" marginless_columns=\"false\" style=\"margin: 0px auto;padding: 0px;\"][cs_column fade=\"false\" fade_animation=\"in\" fade_animation_offset=\"45px\" fade_duration=\"750\" type=\"1\/1\" style=\"padding: 0px;\"][x_custom_headline level=\"h2\" looks_like=\"h3\" accent=\"false\" class=\"cs-ta-left\" style=\"margin-top:0px;margin-bottom: 1em;\"]Has Westpac fulfilled its Paris climate pledge?[\/x_custom_headline][\/cs_column][\/cs_row][cs_row inner_container=\"true\" marginless_columns=\"false\" style=\"margin: 0px auto;padding: 0px;\"][cs_column fade=\"false\" fade_animation=\"in\" fade_animation_offset=\"45px\" fade_duration=\"750\" type=\"1\/2\" style=\"padding: 0px 10px;\"][cs_text class=\"cs-ta-justify\"]\n\nNot yet.\n\nSince Westpac publicly committed to act in support of the Paris Agreement to limit global warming to less than 1.5\u00b0C above pre-industrial levels, it has sunk over $5 billion into fossil fuel deals, including over $800 million into projects that expand the scale of the fossil fuel industry.\n\nIn May 2020, <a href=\"https:\/\/www.marketforces.org.au\/westpac-sets-thermal-coal-exit-date-re-commits-to-paris-alignment\/\">Westpac updated its Climate Change Action Plan, committing to exit thermal coal exposure by 2030 and re-committing to lend in line with the goals of the Paris Agreement<\/a>.\n\nThis update is another nail in the coffin for the thermal coal industry, as Westpac joins the Commonwealth Bank and Australia\u2019s three major insurers to quit thermal coal by 2030.\n\nThe bank also appears to have made a subtle commitment to not finance new oil and gas projects, indicating that any financing of the sector from this point on will need to be compatible with the Paris Agreement. To meet the Paris climate goal of limiting global warming to 1.5\u00baC, energy from gas must fall by 25% by 2030 and oil by 37% from a 2010 baseline according to the IPCC.\n\nAlthough stepping in the right direction, Westpac\u2019s policy will only be worth the paper it's written on if the bank reverses its disturbing history of lending to fossil fuels.\n\n[\/cs_text][\/cs_column][cs_column fade=\"false\" fade_animation=\"in\" fade_animation_offset=\"45px\" fade_duration=\"750\" type=\"1\/2\" class=\"cs-ta-center\" style=\"padding: 0px 5px;border-style: solid;border-width: 2px;border-color: hsl(297, 15%, 23%);\"][x_image type=\"none\" src=\"https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2016\/12\/Westpac-Logo-Scribble-150x150.png\" alt=\"\" link=\"false\" href=\"#\" title=\"\" target=\"\" info=\"none\" info_place=\"top\" info_trigger=\"hover\" info_content=\"\"][x_custom_headline level=\"h3\" looks_like=\"h4\" accent=\"false\" class=\"cs-ta-center\" style=\"margin-top:0px;\"]Scorecard since Paris Agreement commitment:[\/x_custom_headline][cs_block_grid type=\"two-up\" style=\"margin-top:5px;\"][cs_block_grid_item title=\"Block Grid Item 1\" _label=\"Block Grid Item 1\" style=\"margin-top:-20px;\"]\n<h6>total lending to fossil fuels<\/h6>\n[\/cs_block_grid_item][cs_block_grid_item title=\"Block Grid Item 2\" _label=\"Block Grid Item 2\" style=\"margin-top:10px;\"][x_counter num_start=\"0\" num_end=\"5396\" num_speed=\"1500\" num_prefix=\"$\" num_suffix=\" million\" num_color=\"hsl(350, 40%, 40%)\" text_above=\"\" text_below=\"\" text_color=\"\" style=\"font-size:10px;\"][\/cs_block_grid_item][\/cs_block_grid][cs_block_grid type=\"two-up\" style=\"margin-top:5px;\"][cs_block_grid_item title=\"Block Grid Item 1\" _label=\"Block Grid Item 1\" style=\"margin-top:-20px;\"]\n<h6>lending to companies with business plans consistent with the failure of Paris Agreement<\/h6>\n[\/cs_block_grid_item][cs_block_grid_item title=\"Block Grid Item 2\" _label=\"Block Grid Item 2\" style=\"margin-top:10px;\"][x_counter num_start=\"0\" num_end=\"1154\" num_speed=\"1500\" num_prefix=\"$\" num_suffix=\" million\" num_color=\"hsl(350, 40%, 40%)\" text_above=\"\" text_below=\"\" text_color=\"\" style=\"font-size:10px;\"][\/cs_block_grid_item][\/cs_block_grid][cs_block_grid type=\"two-up\" style=\"margin-top:-10px;\"][cs_block_grid_item title=\"Block Grid Item 1\" _label=\"Block Grid Item 1\" style=\"margin-top:-26px;\"]\n<h6>Total lending to expansionary projects<\/h6>\n[\/cs_block_grid_item][cs_block_grid_item title=\"Block Grid Item 2\" _label=\"Block Grid Item 2\" style=\"margin-top:10px;\"][x_counter num_start=\"0\" num_end=\"843\" num_speed=\"1500\" num_prefix=\"$\" num_suffix=\" million\" num_color=\"hsl(350, 40%, 40%)\" text_above=\"\" text_below=\"\" text_color=\"\" style=\"font-size:10px;\"][\/cs_block_grid_item][\/cs_block_grid][cs_block_grid type=\"two-up\" style=\"margin-top:-10px;\"][cs_block_grid_item title=\"Block Grid Item 1\" _label=\"Block Grid Item 1\" style=\"margin-top:-26px;\"]\n<h6>fossil fuel vs renewables lending ratio<\/h6>\n[\/cs_block_grid_item][cs_block_grid_item title=\"Block Grid Item 2\" _label=\"Block Grid Item 2\" style=\"margin-top:-45px;\"]\n<h4><span style=\"color: #903e4c;\">$2.71 <span style=\"color: #433244;\">:<\/span> <span style=\"color: #a1b93c;\">$1<\/span><\/span><\/h4>\n[\/cs_block_grid_item][\/cs_block_grid][cs_block_grid type=\"two-up\" style=\"margin-top:-10px;\"][cs_block_grid_item title=\"Block Grid Item 1\" _label=\"Block Grid Item 1\" style=\"margin-top:-26px;\"]\n<h6>Total emissions enabled\n(tonnes CO2)<\/h6>\n[\/cs_block_grid_item][cs_block_grid_item title=\"Block Grid Item 2\" _label=\"Block Grid Item 2\" style=\"margin-top:-45px;\"]\n<h4><span style=\"color: #903e4c;\">1.9 billion<span style=\"color: #433244;\"><\/span><\/span><\/h4>\n[\/cs_block_grid_item][\/cs_block_grid][cs_block_grid type=\"two-up\" style=\"margin-top:-10px;\"][cs_block_grid_item title=\"Block Grid Item 1\" _label=\"Block Grid Item 1\" style=\"margin-top:-26px;\"]\n<h6>Plans to exit thermal coal by 2030, consistent with Paris Agreement?<\/h6>\n[\/cs_block_grid_item][cs_block_grid_item title=\"Block Grid Item 2\" _label=\"Block Grid Item 2\" style=\"margin-top:-45px;\"]\n<h4><span style=\"color: #a1b93c; padding-top: 0px;\">Yes<\/span><\/h4>\n[\/cs_block_grid_item][\/cs_block_grid][cs_block_grid type=\"two-up\" style=\"margin-top:-10px;\"][cs_block_grid_item title=\"Block Grid Item 1\" _label=\"Block Grid Item 1\" style=\"margin-top:-26px;\"]\n<h6>Plans to phase out all fossil fuel exposure in line with the Paris Agreement?<\/h6>\n[\/cs_block_grid_item][cs_block_grid_item title=\"Block Grid Item 2\" _label=\"Block Grid Item 2\" style=\"margin-top:-45px;\"]\n<h4><span style=\"color: #903e4c; padding-top: 0px;\">No<\/span><\/h4>\n[\/cs_block_grid_item][\/cs_block_grid][cs_block_grid type=\"two-up\" style=\"margin-top:-10px;\"][cs_block_grid_item title=\"Block Grid Item 1\" _label=\"Block Grid Item 1\" style=\"margin-top:-26px;\"]\n<h6>Explicitly rules out funding new or expansionary fossil fuels?<\/h6>\n[\/cs_block_grid_item][cs_block_grid_item title=\"Block Grid Item 2\" _label=\"Block Grid Item 2\" style=\"margin-top:-45px;\"]\n<h4><span style=\"color: #903e4c; padding-top: 0px;\">No<\/span><\/h4>\n[\/cs_block_grid_item][\/cs_block_grid][cs_block_grid type=\"two-up\" style=\"margin-top:-10px;\"][cs_block_grid_item title=\"Block Grid Item 1\" _label=\"Block Grid Item 1\" style=\"margin-top:-26px;\"]\n<h6>Explicitly rules out funding companies whose business plans are consistent with the failure of the Paris Agreement?<\/h6>\n[\/cs_block_grid_item][cs_block_grid_item title=\"Block Grid Item 2\" _label=\"Block Grid Item 2\" style=\"margin-top:-45px;\"]\n<h4><span style=\"color: #903e4c; padding-top: 0px;\">No<\/span><\/h4>\n[\/cs_block_grid_item][\/cs_block_grid][\/cs_column][\/cs_row][\/cs_section][cs_element_section _id=\"74\" ][cs_element_layout_row _id=\"75\" ][cs_element_layout_column _id=\"76\" ][cs_element_raw_content _id=\"77\" ][\/cs_element_layout_column][cs_element_layout_column _id=\"78\" ][cs_element_raw_content _id=\"79\" ][\/cs_element_layout_column][\/cs_element_layout_row][\/cs_element_section][cs_element_section _id=\"80\" ][cs_element_layout_row _id=\"81\" ][cs_element_layout_column _id=\"82\" ][x_custom_headline level=\"h2\" looks_like=\"h3\" accent=\"false\" id=\"expanding-fossil-fuels\" class=\"cs-ta-left\" style=\"margin-top:0px;margin-bottom: 1em;\"]How is Westpac expanding fossil fuels?[\/x_custom_headline][\/cs_element_layout_column][\/cs_element_layout_row][cs_element_layout_row _id=\"84\" ][cs_element_layout_column _id=\"85\" ][cs_text style=\"padding-right: 1em;\"]\n\nWestpac\u2019s policy update in May 2020 appears to have made a subtle commitment to not finance new oil and gas projects, indicating that any financing of the sector from this point on will need to be compatible with the Paris Agreement. To meet the Paris climate goal of limiting global warming to 1.5\u00baC, energy from gas must fall by 25% by 2030 and oil by 37% from a 2010 baseline according to the IPCC.\n\nThis new policy should reverse a disturbing trend in Westpac\u2019s recent lending activity. Since January 2016 Westpac has loaned $5.4 billion to coal, oil and gas projects including $843 million to projects that expand the scale of the fossil fuel industry.\n\nWe are now calling on Westpac to apply the same principles to corporate customers as it has done to projects. As revealed by our scorecard, Westpac has loaned more than $1.1 billion to companies with business plans consistent with the failure of the Paris Agreement. In the section adjacent you will find Westpac\u2019s total lending to such companies, as well as a table listing the companies themselves.\n\nThis includes:\n<ul>\n \t<li>$110 million to Woodside Energy in the 2nd half of 2019 that will help to open up more of Western Australia to dangerous gas extraction. Westpac earned $2.8 million in fees for arranging this loan.<\/li>\n \t<li>lending $315 million to Origin Energy, which plans to open up the Northern Territory to dangerous fracking.<\/li>\n \t<li>$92 million to Whitehaven coal and $54 million to Santos, both of which have massive plans to expand the coal and gas sectors.<\/li>\n \t<li>$32 million to Horizon Oil, the company embroiled in a corruption scandal after allegedly giving $15.4 million to a shell company owned by the Papua New Guinea Minister for Petroleum and Energy.<\/li>\n<\/ul>\n[\/cs_text][\/cs_element_layout_column][cs_element_layout_column _id=\"87\" ][x_custom_headline level=\"h6\" looks_like=\"h6\" accent=\"false\" class=\"cs-ta-center\" style=\"margin-top: 0px;\"]Westpac\u2019s connections to companies out of line with the Paris Agreement[\/x_custom_headline][cs_element_raw_content _id=\"89\" ][x_custom_headline level=\"h6\" looks_like=\"h6\" accent=\"false\" class=\"cs-ta-center\"]Westpac\u2019s lending to companies out of line with the Paris Agreement since 1 Jan 2016[\/x_custom_headline][cs_element_gap _id=\"91\" ][cs_element_raw_content _id=\"92\" ][\/cs_element_layout_column][\/cs_element_layout_row][\/cs_element_section][cs_element_section _id=\"93\" ][cs_element_layout_row _id=\"94\" ][cs_element_layout_column _id=\"95\" ][x_custom_headline level=\"h2\" looks_like=\"h3\" accent=\"false\" id=\"divestmentstories\" class=\"cs-ta-left\" style=\"margin-top: 0px;margin-bottom: 1em;\"]Divestment stories[\/x_custom_headline][\/cs_element_layout_column][\/cs_element_layout_row][cs_element_layout_row _id=\"97\" ][cs_element_layout_column _id=\"98\" ][cs_text]\n\nWant to share your divestment story?\n\nRecord a short video using your computer or phone (held sideways in landscape) and email us at <a href=\"mailto:contact@marketforces.org.au\">contact@marketforces.org.au<\/a> so that we can help you share it.\n\n[\/cs_text][\/cs_element_layout_column][cs_element_layout_column _id=\"100\" ][cs_element_video _id=\"101\" ][\/cs_element_layout_column][\/cs_element_layout_row][cs_element_layout_row _id=\"102\" ][cs_element_layout_column _id=\"103\" ][cs_element_gap _id=\"104\" ][x_accordion class=\"accordionSunsetPurple\"][x_accordion_item title=\"Goodbye Bank of Melbourne and Westpac\" open=\"true\"]\n<div class=\"x-container\">\n<div class=\"x-column x-sm x-2-3\">\n\nAs a medical specialist, I recognise the adverse health impacts of coal combustion and its central contribution to climate change. This is not a statement of ideology but purely a scientific one.\n\nAny bank ignoring this can expect divestment action from their customers. We sent a letter of notice in 2017 but since then Bank of Melbourne\/Westpac Group has increased lending to the fossil fuel sector with no discernible strategy to exit coal financing. We are now with a lender more aligned with our values as well as the Paris Agreement.\n<ul>\n \t<li><em>Dr Steven, Melbourne<\/em><\/li>\n<\/ul>\n<\/div>\n<div class=\"x-column x-sm x-1-3\">\n\n<img src=\"https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2020\/02\/Dr-Steven-Westpac-Divest.png\" alt=\"\" width=\"198\" height=\"197\" class=\"wp-image-39118 aligncenter\" srcset=\"https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2020\/02\/Dr-Steven-Westpac-Divest.png 1080w, https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2020\/02\/Dr-Steven-Westpac-Divest-300x300.png 300w, https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2020\/02\/Dr-Steven-Westpac-Divest-1024x1024.png 1024w, https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2020\/02\/Dr-Steven-Westpac-Divest-150x150.png 150w, https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2020\/02\/Dr-Steven-Westpac-Divest-768x768.png 768w, https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2020\/02\/Dr-Steven-Westpac-Divest-500x500.png 500w, https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2020\/02\/Dr-Steven-Westpac-Divest-1000x1000.png 1000w, https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2020\/02\/Dr-Steven-Westpac-Divest-100x100.png 100w, https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2020\/02\/Dr-Steven-Westpac-Divest-1061x1061.png 1061w\" sizes=\"(max-width: 198px) 100vw, 198px\" \/><\/div>\n<\/div>\n[\/x_accordion_item][x_accordion_item title=\"Wave farewell Westpac\" open=\"false\"]\n<div>My partner and I have a medical background that is based on using best available science and evidence to protect people from harm and preventing illness by identifying and trying to change harmful behaviours, substances and legislation.<\/div>\n<div>From this naturally follows that we have to accept current scientific evidence on the deadly impact of air-pollution, already killing over 8 million people every year, and climate change, the destructive forces of which we have experienced all too clearly this year in Australia and around the world.<\/div>\n<div>We realized that both our default Superannuation and our bank were heavily invested in fossil-fuel companies through shares or loans and we decided that we could no longer let them use our money to finance something that has been proven to be as damaging, outdated and deadly as asbestos or tobacco. After writing to Westpac repeatedly yet without any change of their direction we moved our bank and divested our Super to fossil-free options.<\/div>\n<div>In spite of this purely ethical and scientific decision we are currently reaping higher returns in our Super and paying lower interest-rates and bank-fees while no longer financing an outdated, dangerous and deadly industry with our money. Feels good.<\/div>\n<ul>\n \t<li><em>Dr Steinvorth &amp; Brigit Weld \u2013 Lismore<\/em><\/li>\n<\/ul>\n[\/x_accordion_item][\/x_accordion][\/cs_element_layout_column][\/cs_element_layout_row][cs_element_layout_row _id=\"108\" ][cs_element_layout_column _id=\"109\" ][x_custom_headline level=\"h2\" looks_like=\"h3\" accent=\"false\" class=\"cs-ta-left\" style=\"margin-bottom: 1em;\"]Westpac staff messages to Westpac decision makers[\/x_custom_headline][cs_text]<span>Market Forces has asked Westpac staff to complete an anonymous staff survey asking whether they support Westpac\u2019s lending to coal, oil and gas. Below are some of the messages that Westpac staff wanted to send to Westpac.<\/span>[\/cs_text][x_accordion class=\"accordionDarkPurple\"][x_accordion_item title=\"Westpac needs to do better\" open=\"true\"]Westpac used to be the world\u2019s leading financial institution on sustainability. It\u2019s one of the reasons I joined. We\u2019ve slipped, and that diminishes my sense of shared purpose; of focus on mission; of One Team. We in Australia have just witnessed (many endured) the first undeniably attributable climate change event. Our millions of customers need us to do better. [\/x_accordion_item][x_accordion_item title=\"Environment should guide our principles\" open=\"false\"]<span>If we want to provide great service to our customers then we should be leaders in making thoughtful decisions about investment in projects that have a negative impact on the environment. Trust is built through many and ongoing small actions. Environmental awareness should be one of our guiding principals.\u00a0<\/span>[\/x_accordion_item][x_accordion_item title=\"Time to be bold\" open=\"false\"]The worlds most sustainable bank should be taking a leadership position on climate! Maybe now\u2019s the time to be bold and try to win back some trust with the public. Whilst not the reason to take action, environmental issues are also key for the younger age groups and who knows, it might actually be beneficial to our business? [\/x_accordion_item][\/x_accordion][\/cs_element_layout_column][\/cs_element_layout_row][cs_element_layout_row _id=\"116\" ][cs_element_layout_column _id=\"117\" ][x_custom_headline level=\"h2\" looks_like=\"h3\" accent=\"false\" class=\"cs-ta-left\" style=\"margin-bottom: 1em;\"]Send Westpac a sign[\/x_custom_headline][cs_text _label=\"Classic Text\"]\n\n<img src=\"https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2020\/03\/Maggie-Westpac-sign.png\" alt=\"\" width=\"400\" height=\"302\" class=\" wp-image-39948 alignright\" \/>\n\nEven if you're not a customer you can send Westpac a sign!\n\nWrite, paint or print a message to Westpac, take a photo and send it to us at <strong><a href=\"mailto:contact@marketforces.org.au\">contact@marketforces.org.au<\/a> <\/strong>so that we can amplify your message on social media.\n\nShare your sign<span> on Facebook, Twitter and anywhere else. Make sure that you tag Market Forces and your bank: @Market_Forces, @Westpac, @Westpacsustain and use hashtags<em> #NoNewFossilFuels #StopFundingFossilFuels<\/em><\/span>\n\nTagging Market Forces makes sure we see it so we can share it with our supporters.\n\n[\/cs_text][cs_element_gap _id=\"120\" ][\/cs_element_layout_column][\/cs_element_layout_row][\/cs_element_section][cs_section id=\"learnmore\" bg_color=\"hsl(297, 15%, 23%)\" parallax=\"false\" separator_top_type=\"none\" separator_top_height=\"50px\" separator_top_inset=\"0px\" separator_top_angle_point=\"50\" separator_bottom_type=\"none\" separator_bottom_height=\"50px\" separator_bottom_inset=\"0px\" separator_bottom_angle_point=\"50\" _label=\"Learn more\" style=\"margin: 0px;padding: 0px 0px 25px;\"][cs_row inner_container=\"true\" marginless_columns=\"false\" style=\"margin: 0px auto;padding: 0px;\"][cs_column fade=\"false\" fade_animation=\"in\" fade_animation_offset=\"45px\" fade_duration=\"750\" type=\"1\/1\" style=\"padding: 0px;\"][x_custom_headline level=\"h3\" looks_like=\"h4\" accent=\"false\" style=\"color: hsl(0, 0%, 100%);\"]Learn more[\/x_custom_headline][cs_text]<span style=\"color: #ffffff;\">Find out more about the extent and impacts of banks financing fossil fuels, compare the lending positions of different banks and learn more about how to switch to a bank that aligns to your values.<\/span>[\/cs_text][\/cs_column][\/cs_row][cs_row inner_container=\"true\" marginless_columns=\"false\" _label=\"New Item 2\" style=\"margin: 0px auto;padding: 0px;\"][cs_column fade=\"false\" fade_animation=\"in\" fade_animation_offset=\"45px\" fade_duration=\"750\" type=\"1\/3\" style=\"padding: 0px;\"][x_image type=\"circle\" src=\"https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2020\/07\/How-to-switch-your-bank-150x150.png\" alt=\"\" link=\"true\" href=\"https:\/\/www.marketforces.org.au\/resources\/switching-banks-materials\/\" title=\"\" target=\"blank\" info=\"none\" info_place=\"top\" info_trigger=\"hover\" info_content=\"\"][x_custom_headline level=\"h5\" looks_like=\"h6\" accent=\"false\" class=\"cs-ta-center\" style=\"color: hsl(0, 0%, 100%);\"]How to switch banks[\/x_custom_headline][cs_text class=\"cs-ta-center\" style=\"width:250px;margin:0 auto;\"]<span style=\"color: #ffffff;\">Find out how you can switch banks and make it count!<\/span>[\/cs_text][\/cs_column][cs_column fade=\"false\" fade_animation=\"in\" fade_animation_offset=\"45px\" fade_duration=\"750\" type=\"1\/3\" style=\"padding: 0px;\"][x_image type=\"circle\" src=\"https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2020\/07\/Banks-comparison-table-150x150.png\" alt=\"\" link=\"true\" href=\"https:\/\/www.marketforces.org.au\/banks\/compare\" title=\"\" target=\"blank\" info=\"none\" info_place=\"top\" info_trigger=\"hover\" info_content=\"\"][x_custom_headline level=\"h5\" looks_like=\"h6\" accent=\"false\" class=\"cs-ta-center\" style=\"color: hsl(0, 0%, 100%);\"]Banks Comparison Table[\/x_custom_headline][cs_text class=\"cs-ta-center\" style=\"width:250px;margin:0 auto;\"]<span style=\"color: #ffffff;\">See if your bank is using your money to finance fossil fuel projects<\/span>[\/cs_text][\/cs_column][cs_column fade=\"false\" fade_animation=\"in\" fade_animation_offset=\"45px\" fade_duration=\"750\" type=\"1\/3\" style=\"padding: 0px;\"][x_image type=\"circle\" src=\"https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2020\/07\/Funding-climate-failure-report-150x150.png\" alt=\"\" link=\"true\" href=\"https:\/\/www.marketforces.org.au\/campaigns\/banks-new\/bigfourscorecard\/\" title=\"\" target=\"blank\" info=\"none\" info_place=\"top\" info_trigger=\"hover\" info_content=\"\"][x_custom_headline level=\"h5\" looks_like=\"h6\" accent=\"false\" class=\"cs-ta-center\" style=\"color: hsl(0, 0%, 100%);\"]Funding Climate Failure[\/x_custom_headline][cs_text class=\"cs-ta-center\" style=\"width:250px;margin:0 auto;\"]\n\n<span style=\"color: #ffffff;\">How the big four banks are using your money to expand fossil fuels<\/span>\n\n[\/cs_text][\/cs_column][\/cs_row][\/cs_section][\/cs_content][cs_content_seo]WestpacStill backing companies expanding dirty fossil fuels\n\nWestpacStill backing companies expanding dirty fossil fuelsTake actionClimate scorecardExpanding fossil fuels\n\n$0 billionloaned to dirty fossil fuels globally since 2016\n\nIn May 2020, thanks to a strong community campaign, Westpac, the Australian bank most exposed to coal power committed to exit thermal coal by 2030.\nWhile this is a good first step, if Westpac is to fulfill its stated commitment to the climate goals of the Paris Agreement it needs to go a lot further.\nWestpac must rule out lending to any project or company seeking to expand the fossil fuel sector and set science-based dates for the phase-out of its oil and gas exposure.\nAcknowledge Westpac\u2019s important first step, and tell it it must do more in order to play its part in limiting global warming to 1.5 degrees.\nShare this page\n\nTake action: tell Westpac that its Paris Agreement pledge means no more fossil fuels!\n\nUse the form below to send your message to Westpac. If you aren't a customer or shareholder of the bank, you can instead send a message to all four major banks here.\n\nName*\n\nFirst\n\nLast\n\nEmail*\n\nCountry\n\nAfghanistan\u00c5land IslandsAlbaniaAlgeriaAmerican SamoaAndorraAngolaAnguillaAntarcticaAntigua and BarbudaArgentinaArmeniaArubaAustraliaAustriaAzerbaijanBahamasBahrainBangladeshBarbadosBelarusBelgiumBelizeBeninBermudaBhutanBoliviaBonaire, Sint Eustatius and SabaBosnia and HerzegovinaBotswanaBouvet IslandBrazilBritish Indian Ocean TerritoryBrunei DarussalamBulgariaBurkina FasoBurundiCambodiaCameroonCanadaCape VerdeCayman IslandsCentral African RepublicChadChileChinaChristmas IslandCocos IslandsColombiaComorosCongo, Democratic Republic of theCongo, Republic of theCook IslandsCosta RicaC\u00f4te d&#039;IvoireCroatiaCubaCura\u00e7aoCyprusCzech RepublicDenmarkDjiboutiDominicaDominican RepublicEcuadorEgyptEl SalvadorEquatorial GuineaEritreaEstoniaEswatini (Swaziland)EthiopiaFalkland IslandsFaroe IslandsFijiFinlandFranceFrench GuianaFrench PolynesiaFrench Southern TerritoriesGabonGambiaGeorgiaGermanyGhanaGibraltarGreeceGreenlandGrenadaGuadeloupeGuamGuatemalaGuernseyGuineaGuinea-BissauGuyanaHaitiHeard and McDonald IslandsHoly SeeHondurasHong KongHungaryIcelandIndiaIndonesiaIranIraqIrelandIsle of ManIsraelItalyJamaicaJapanJerseyJordanKazakhstanKenyaKiribatiKuwaitKyrgyzstanLao People&#039;s Democratic RepublicLatviaLebanonLesothoLiberiaLibyaLiechtensteinLithuaniaLuxembourgMacauMacedoniaMadagascarMalawiMalaysiaMaldivesMaliMaltaMarshall IslandsMartiniqueMauritaniaMauritiusMayotteMexicoMicronesiaMoldovaMonacoMongoliaMontenegroMontserratMoroccoMozambiqueMyanmarNamibiaNauruNepalNetherlandsNew CaledoniaNew ZealandNicaraguaNigerNigeriaNiueNorfolk IslandNorth KoreaNorthern Mariana IslandsNorwayOmanPakistanPalauPalestine, State ofPanamaPapua New GuineaParaguayPeruPhilippinesPitcairnPolandPortugalPuerto RicoQatarR\u00e9unionRomaniaRussiaRwandaSaint Barth\u00e9lemySaint HelenaSaint Kitts and NevisSaint LuciaSaint MartinSaint Pierre and MiquelonSaint Vincent and the GrenadinesSamoaSan MarinoSao Tome and PrincipeSaudi ArabiaSenegalSerbiaSeychellesSierra LeoneSingaporeSint MaartenSlovakiaSloveniaSolomon IslandsSomaliaSouth AfricaSouth GeorgiaSouth KoreaSouth SudanSpainSri LankaSudanSurinameSvalbard and Jan Mayen IslandsSwedenSwitzerlandSyriaTaiwanTajikistanTanzaniaThailandTimor-LesteTogoTokelauTongaTrinidad and TobagoTunisiaTurkeyTurkmenistanTurks and Caicos IslandsTuvaluUgandaUkraineUnited Arab EmiratesUnited KingdomUnited StatesUruguayUS Minor Outlying IslandsUzbekistanVanuatuVenezuelaVietnamVirgin Islands, BritishVirgin Islands, U.S.Wallis and FutunaWestern SaharaYemenZambiaZimbabwe\nCountry\n\nPostcode*Phone NumberI am a...*\n\nWestpac customer\n\nWestpac shareholder\nI would like to...*Give the bank one last chanceAsk for information about ending business with the bankI have the following products with this bank:*\n\nBank account\n\nMortgage\n\nOther\nSubject (you can customise this)Your message to Westpac (customer - one last chance)Dear Westpac,\n\nIt is appalling that, since you first expressed support for the Paris Agreement, you have loaned billions of dollars to fossil fuel projects and companies expanding these industries. This is despite it being abundantly clear there is absolutely no room to expand fossil fuels if global warming is to be kept below 1.5 degrees. This undermining of your stated support for the Paris Agreement is disgraceful and needs to stop.\n\nIt\u2019s very difficult for me to distinguish what\u2019s worse; that\n\n- since committing to support the Paris Agreement you have loaned more than $1.1 billion to companies whose business plans rely on the failure of that exact Agreement, or\n- you have loaned $843 million to new fossil fuel projects that, over their lifetimes, would enable another 1.9 billion tonnes of CO2 to be released into the atmosphere, or\n- you have loaned more than $5.4 billion to fossil fuels since 2016 - almost 3 times your lending to renewable energy.\n\nCommitting to exit thermal coal by 2030 was a necessary step but clearly you need to do more to align your financing activities with the Paris Agreement.\n\nAs a customer I am giving you one last chance to decide whether you want my business. I am asking you to make commitments today that would be the bare minimum to carry any credibility on climate change from this point forward. I am asking you to confirm you will:\n\n- No longer finance projects that expand the scale of the fossil fuel industry, or companies seeking to expand the scale of the fossil fuel industry,\n- Phase out oil and gas exposure in line with meeting the uppermost goals of the Paris Agreement.\n\nPlease confirm as soon as possible that you will meet the above two points.\n\nSincerely,Your message to Westpac (shareholder)Dear Westpac,\n\nIt is appalling that, since you first expressed support for the Paris Agreement, you have loaned billions of dollars to fossil fuel projects and companies expanding these industries. This is despite it being abundantly clear there is absolutely no room to expand fossil fuels if global warming is to be kept below 1.5 degrees. This undermining of your stated support for the Paris Agreement is disgraceful and needs to stop.\n\nIt\u2019s very difficult for me to distinguish what\u2019s worse; that\n\n- since committing to support the Paris Agreement you have loaned more than $1.1 billion to companies whose business plans rely on the failure of that exact Agreement, or\n- you have loaned $843 million to new fossil fuel projects that, over their lifetimes, would enable another 1.9 billion tonnes of CO2 to be released into the atmosphere, or\n- you have loaned more than $5.4 billion to fossil fuels since 2016 - almost 3 times your lending to renewable energy.\n\nCommitting to exit thermal coal by 2030 was a necessary step but clearly you need to do more to align your financing activities with the Paris Agreement.\n\nAs a shareholder, I am asking you to make commitments today that would be the bare minimum to carry any credibility on climate change from this point forward. I am asking you to confirm you will:\n\n- No longer finance projects that expand the scale of the fossil fuel industry, or companies seeking to expand the scale of the fossil fuel industry,\n- Phase out oil and gas exposure in line with meeting the uppermost goals of the Paris Agreement.\n\nPlease confirm as soon as possible that you will meet the above two points.\n\nSincerely,Your message to Westpac (customer and shareholder - one last chance)Dear Westpac,\n\nIt is appalling that, since you first expressed support for the Paris Agreement, you have loaned billions of dollars to fossil fuel projects and companies expanding these industries. This is despite it being abundantly clear there is absolutely no room to expand fossil fuels if global warming is to be kept below 1.5 degrees. This undermining of your stated support for the Paris Agreement is disgraceful and needs to stop.\n\nIt\u2019s very difficult for me to distinguish what\u2019s worse; that\n\n- since committing to support the Paris Agreement you have loaned more than $1.1 billion to companies whose business plans rely on the failure of that exact Agreement, or\n- you have loaned $843 million to new fossil fuel projects that, over their lifetimes, would enable another 1.9 billion tonnes of CO2 to be released into the atmosphere, or\n- you have loaned more than $5.4 billion to fossil fuels since 2016 - almost 3 times your lending to renewable energy.\n\nCommitting to exit thermal coal by 2030 was a necessary step but clearly you need to do more to align your financing activities with the Paris Agreement.\n\nAs a customer and shareholder I am giving you one last chance to decide whether you want my business. I am asking you to make commitments today that would be the bare minimum to carry any credibility on climate change from this point forward. I am asking you to confirm you will:\n\n- No longer finance projects that expand the scale of the fossil fuel industry, or companies seeking to expand the scale of the fossil fuel industry,\n- Phase out oil and gas exposure in line with meeting the uppermost goals of the Paris Agreement.\n\nPlease confirm as soon as possible that you will meet the above two points.\n\nSincerely,Your message to Westpac (customer - ask about closing bank account, ending mortgage and ending other services)Dear Westpac,\n\nIt is appalling that, since you first expressed support for the Paris Agreement, you have loaned billions of dollars to fossil fuel projects and companies expanding these industries. This is despite it being abundantly clear there is absolutely no room to expand fossil fuels if global warming is to be kept below 1.5 degrees. This undermining of your stated support for the Paris Agreement is disgraceful and needs to stop.\n\nIt\u2019s very difficult for me to distinguish what\u2019s worse; that\n\n- since committing to support the Paris Agreement you have loaned more than $1.1 billion to companies whose business plans rely on the failure of that exact Agreement, or\n- you have loaned $843 million to new fossil fuel projects that, over their lifetimes, would enable another 1.9 billion tonnes of CO2 to be released into the atmosphere, or\n- you have loaned more than $5.4 billion to fossil fuels since 2016 - almost 3 times your lending to renewable energy.\n\nCommitting to exit thermal coal by 2030 was a necessary step but clearly you need to do more to align your financing activities with the Paris Agreement.\n\nAs a customer I would like to know how I can close my bank account and end my mortgage and other services with you, unless you\u2019re willing to confirm to me you will:\n\n- No longer finance projects that expand the scale of the fossil fuel industry, or companies seeking to expand the scale of the fossil fuel industry,\n- Phase out oil and gas exposure in line with meeting the uppermost goals of the Paris Agreement.\n\nIf not, please pass along the requested information about ending my business relationship with you.\n\nSincerely,Your message to Westpac (customer - ask about closing bank account and ending mortgage)Dear Westpac,\n\nIt is appalling that, since you first expressed support for the Paris Agreement, you have loaned billions of dollars to fossil fuel projects and companies expanding these industries. This is despite it being abundantly clear there is absolutely no room to expand fossil fuels if global warming is to be kept below 1.5 degrees. This undermining of your stated support for the Paris Agreement is disgraceful and needs to stop.\n\nIt\u2019s very difficult for me to distinguish what\u2019s worse; that\n\n- since committing to support the Paris Agreement you have loaned more than $1.1 billion to companies whose business plans rely on the failure of that exact Agreement, or\n- you have loaned $843 million to new fossil fuel projects that, over their lifetimes, would enable another 1.9 billion tonnes of CO2 to be released into the atmosphere, or\n- you have loaned more than $5.4 billion to fossil fuels since 2016 - almost 3 times your lending to renewable energy.\n\nCommitting to exit thermal coal by 2030 was a necessary step but clearly you need to do more to align your financing activities with the Paris Agreement.\n\nAs a customer I would like to know how I can close my bank account and end my mortgage with you, unless you\u2019re willing to confirm to me you will:\n\n- No longer finance projects that expand the scale of the fossil fuel industry, or companies seeking to expand the scale of the fossil fuel industry,\n- Phase out oil and gas exposure in line with meeting the uppermost goals of the Paris Agreement.\n\nIf not, please pass along the requested information about ending my business relationship with you.\n\nSincerely,Your message to Westpac (customer - ask about closing bank account and ending other services)Dear Westpac,\n\nIt is appalling that, since you first expressed support for the Paris Agreement, you have loaned billions of dollars to fossil fuel projects and companies expanding these industries. This is despite it being abundantly clear there is absolutely no room to expand fossil fuels if global warming is to be kept below 1.5 degrees. This undermining of your stated support for the Paris Agreement is disgraceful and needs to stop.\n\nIt\u2019s very difficult for me to distinguish what\u2019s worse; that\n\n- since committing to support the Paris Agreement you have loaned more than $1.1 billion to companies whose business plans rely on the failure of that exact Agreement, or\n- you have loaned $843 million to new fossil fuel projects that, over their lifetimes, would enable another 1.9 billion tonnes of CO2 to be released into the atmosphere, or\n- you have loaned more than $5.4 billion to fossil fuels since 2016 - almost 3 times your lending to renewable energy.\n\nCommitting to exit thermal coal by 2030 was a necessary step but clearly you need to do more to align your financing activities with the Paris Agreement.\n\nAs a customer I would like to know how I can close my bank account and end other services with you, unless you\u2019re willing to confirm to me you will:\n\n- No longer finance projects that expand the scale of the fossil fuel industry, or companies seeking to expand the scale of the fossil fuel industry,\n- Phase out oil and gas exposure in line with meeting the uppermost goals of the Paris Agreement.\n\nIf not, please pass along the requested information about ending my business relationship with you.\n\nSincerely,Your message to Westpac (customer - ask about ending mortgage and other services)Dear Westpac,\n\nIt is appalling that, since you first expressed support for the Paris Agreement, you have loaned billions of dollars to fossil fuel projects and companies expanding these industries. This is despite it being abundantly clear there is absolutely no room to expand fossil fuels if global warming is to be kept below 1.5 degrees. This undermining of your stated support for the Paris Agreement is disgraceful and needs to stop.\n\nIt\u2019s very difficult for me to distinguish what\u2019s worse; that\n\n- since committing to support the Paris Agreement you have loaned more than $1.1 billion to companies whose business plans rely on the failure of that exact Agreement, or\n- you have loaned $843 million to new fossil fuel projects that, over their lifetimes, would enable another 1.9 billion tonnes of CO2 to be released into the atmosphere, or\n- you have loaned more than $5.4 billion to fossil fuels since 2016 - almost 3 times your lending to renewable energy.\n\nCommitting to exit thermal coal by 2030 was a necessary step but clearly you need to do more to align your financing activities with the Paris Agreement.\n\nAs a customer I would like to know how I can end my mortgage and other services with you, unless you\u2019re willing to confirm to me you will:\n\n- No longer finance projects that expand the scale of the fossil fuel industry, or companies seeking to expand the scale of the fossil fuel industry,\n- Phase out oil and gas exposure in line with meeting the uppermost goals of the Paris Agreement.\n\nIf not, please pass along the requested information about ending my business relationship with you.\n\nSincerely,Your message to Westpac (customer - ask about closing bank account)Dear Westpac,\n\nIt is appalling that, since you first expressed support for the Paris Agreement, you have loaned billions of dollars to fossil fuel projects and companies expanding these industries. This is despite it being abundantly clear there is absolutely no room to expand fossil fuels if global warming is to be kept below 1.5 degrees. This undermining of your stated support for the Paris Agreement is disgraceful and needs to stop.\n\nIt\u2019s very difficult for me to distinguish what\u2019s worse; that\n\n- since committing to support the Paris Agreement you have loaned more than $1.1 billion to companies whose business plans rely on the failure of that exact Agreement, or\n- you have loaned $843 million to new fossil fuel projects that, over their lifetimes, would enable another 1.9 billion tonnes of CO2 to be released into the atmosphere, or\n- you have loaned more than $5.4 billion to fossil fuels since 2016 - almost 3 times your lending to renewable energy.\n\nCommitting to exit thermal coal by 2030 was a necessary step but clearly you need to do more to align your financing activities with the Paris Agreement.\n\nAs a customer I would like to know how I can close my bank account with you, unless you\u2019re willing to confirm to me you will:\n\n- No longer finance projects that expand the scale of the fossil fuel industry, or companies seeking to expand the scale of the fossil fuel industry,\n- Phase out oil and gas exposure in line with meeting the uppermost goals of the Paris Agreement.\n\nIf not, please pass along the requested information about ending my business relationship with you.\n\nSincerely,Your message to Westpac (customer - ask about ending mortgage)Dear Westpac,\n\nIt is appalling that, since you first expressed support for the Paris Agreement, you have loaned billions of dollars to fossil fuel projects and companies expanding these industries. This is despite it being abundantly clear there is absolutely no room to expand fossil fuels if global warming is to be kept below 1.5 degrees. This undermining of your stated support for the Paris Agreement is disgraceful and needs to stop.\n\nIt\u2019s very difficult for me to distinguish what\u2019s worse; that\n\n- since committing to support the Paris Agreement you have loaned more than $1.1 billion to companies whose business plans rely on the failure of that exact Agreement, or\n- you have loaned $843 million to new fossil fuel projects that, over their lifetimes, would enable another 1.9 billion tonnes of CO2 to be released into the atmosphere, or\n- you have loaned more than $5.4 billion to fossil fuels since 2016 - almost 3 times your lending to renewable energy.\n\nCommitting to exit thermal coal by 2030 was a necessary step but clearly you need to do more to align your financing activities with the Paris Agreement.\n\nAs a customer I would like to know how I can end my mortgage with you, unless you\u2019re willing to confirm to me you will:\n\n- No longer finance projects that expand the scale of the fossil fuel industry, or companies seeking to expand the scale of the fossil fuel industry,\n- Phase out oil and gas exposure in line with meeting the uppermost goals of the Paris Agreement.\n\nIf not, please pass along the requested information about ending my business relationship with you.\n\nSincerely,Your message to Westpac (customer - ask about ending other services)Dear Westpac,\n\nIt is appalling that, since you first expressed support for the Paris Agreement, you have loaned billions of dollars to fossil fuel projects and companies expanding these industries. This is despite it being abundantly clear there is absolutely no room to expand fossil fuels if global warming is to be kept below 1.5 degrees. This undermining of your stated support for the Paris Agreement is disgraceful and needs to stop.\n\nIt\u2019s very difficult for me to distinguish what\u2019s worse; that\n\n- since committing to support the Paris Agreement you have loaned more than $1.1 billion to companies whose business plans rely on the failure of that exact Agreement, or\n- you have loaned $843 million to new fossil fuel projects that, over their lifetimes, would enable another 1.9 billion tonnes of CO2 to be released into the atmosphere, or\n- you have loaned more than $5.4 billion to fossil fuels since 2016 - almost 3 times your lending to renewable energy.\n\nCommitting to exit thermal coal by 2030 was a necessary step but clearly you need to do more to align your financing activities with the Paris Agreement.\n\nAs a customer I would like to know how I can end my services with you, unless you\u2019re willing to confirm to me you will:\n\n- No longer finance projects that expand the scale of the fossil fuel industry, or companies seeking to expand the scale of the fossil fuel industry,\n- Phase out oil and gas exposure in line with meeting the uppermost goals of the Paris Agreement.\n\nIf not, please pass along the requested information about ending my business relationship with you.\n\nSincerely,Your message to Westpac (customer and shareholder - ask about closing bank account, ending mortgage and ending other services)Dear Westpac,\n\nIt is appalling that, since you first expressed support for the Paris Agreement, you have loaned billions of dollars to fossil fuel projects and companies expanding these industries. This is despite it being abundantly clear there is absolutely no room to expand fossil fuels if global warming is to be kept below 1.5 degrees. This undermining of your stated support for the Paris Agreement is disgraceful and needs to stop.\n\nIt\u2019s very difficult for me to distinguish what\u2019s worse; that\n\n- since committing to support the Paris Agreement you have loaned more than $1.1 billion to companies whose business plans rely on the failure of that exact Agreement, or\n- you have loaned $843 million to new fossil fuel projects that, over their lifetimes, would enable another 1.9 billion tonnes of CO2 to be released into the atmosphere, or\n- you have loaned more than $5.4 billion to fossil fuels since 2016 - almost 3 times your lending to renewable energy.\n\nCommitting to exit thermal coal by 2030 was a necessary step but clearly you need to do more to align your financing activities with the Paris Agreement.\n\nAs a customer and shareholder I would like to know how I can close my bank account and end my mortgage and other services with you, unless you\u2019re willing to confirm to me you will:\n\n- No longer finance projects that expand the scale of the fossil fuel industry, or companies seeking to expand the scale of the fossil fuel industry,\n- Phase out oil and gas exposure in line with meeting the uppermost goals of the Paris Agreement.\n\nIf not, please pass along the requested information about ending my business relationship with you.\n\nSincerely,Your message to Westpac (customer and shareholder - ask about closing bank account and ending mortgage)Dear Westpac,\n\nIt is appalling that, since you first expressed support for the Paris Agreement, you have loaned billions of dollars to fossil fuel projects and companies expanding these industries. This is despite it being abundantly clear there is absolutely no room to expand fossil fuels if global warming is to be kept below 1.5 degrees. This undermining of your stated support for the Paris Agreement is disgraceful and needs to stop.\n\nIt\u2019s very difficult for me to distinguish what\u2019s worse; that\n\n- since committing to support the Paris Agreement you have loaned more than $1.1 billion to companies whose business plans rely on the failure of that exact Agreement, or\n- you have loaned $843 million to new fossil fuel projects that, over their lifetimes, would enable another 1.9 billion tonnes of CO2 to be released into the atmosphere, or\n- you have loaned more than $5.4 billion to fossil fuels since 2016 - almost 3 times your lending to renewable energy.\n\nCommitting to exit thermal coal by 2030 was a necessary step but clearly you need to do more to align your financing activities with the Paris Agreement.\n\nAs a customer and shareholder I would like to know how I can close my bank account and end my mortgage with you, unless you\u2019re willing to confirm to me you will:\n\n- No longer finance projects that expand the scale of the fossil fuel industry, or companies seeking to expand the scale of the fossil fuel industry,\n- Phase out oil and gas exposure in line with meeting the uppermost goals of the Paris Agreement.\n\nIf not, please pass along the requested information about ending my business relationship with you.\n\nSincerely,Your message to Westpac (customer and shareholder - ask about closing bank account and ending other services)Dear Westpac,\n\nIt is appalling that, since you first expressed support for the Paris Agreement, you have loaned billions of dollars to fossil fuel projects and companies expanding these industries. This is despite it being abundantly clear there is absolutely no room to expand fossil fuels if global warming is to be kept below 1.5 degrees. This undermining of your stated support for the Paris Agreement is disgraceful and needs to stop.\n\nIt\u2019s very difficult for me to distinguish what\u2019s worse; that\n\n- since committing to support the Paris Agreement you have loaned more than $1.1 billion to companies whose business plans rely on the failure of that exact Agreement, or\n- you have loaned $843 million to new fossil fuel projects that, over their lifetimes, would enable another 1.9 billion tonnes of CO2 to be released into the atmosphere, or\n- you have loaned more than $5.4 billion to fossil fuels since 2016 - almost 3 times your lending to renewable energy.\n\nCommitting to exit thermal coal by 2030 was a necessary step but clearly you need to do more to align your financing activities with the Paris Agreement.\n\nAs a customer and shareholder I would like to know how I can close my bank account and end other services with you, unless you\u2019re willing to confirm to me you will:\n\n- No longer finance projects that expand the scale of the fossil fuel industry, or companies seeking to expand the scale of the fossil fuel industry,\n- Phase out oil and gas exposure in line with meeting the uppermost goals of the Paris Agreement.\n\nIf not, please pass along the requested information about ending my business relationship with you.\n\nSincerely,Your message to Westpac (customer and shareholder - ask about ending mortgage and other services)Dear Westpac,\n\nIt is appalling that, since you first expressed support for the Paris Agreement, you have loaned billions of dollars to fossil fuel projects and companies expanding these industries. This is despite it being abundantly clear there is absolutely no room to expand fossil fuels if global warming is to be kept below 1.5 degrees. This undermining of your stated support for the Paris Agreement is disgraceful and needs to stop.\n\nIt\u2019s very difficult for me to distinguish what\u2019s worse; that\n\n- since committing to support the Paris Agreement you have loaned more than $1.1 billion to companies whose business plans rely on the failure of that exact Agreement, or\n- you have loaned $843 million to new fossil fuel projects that, over their lifetimes, would enable another 1.9 billion tonnes of CO2 to be released into the atmosphere, or\n- you have loaned more than $5.4 billion to fossil fuels since 2016 - almost 3 times your lending to renewable energy.\n\nCommitting to exit thermal coal by 2030 was a necessary step but clearly you need to do more to align your financing activities with the Paris Agreement.\n\nAs a customer and shareholder I would like to know how I can end my mortgage and other services with you, unless you\u2019re willing to confirm to me you will:\n\n- No longer finance projects that expand the scale of the fossil fuel industry, or companies seeking to expand the scale of the fossil fuel industry,\n- Phase out oil and gas exposure in line with meeting the uppermost goals of the Paris Agreement.\n\nIf not, please pass along the requested information about ending my business relationship with you.\n\nSincerely,Your message to Westpac (customer and shareholder - ask about closing bank account)Dear Westpac,\n\nIt is appalling that, since you first expressed support for the Paris Agreement, you have loaned billions of dollars to fossil fuel projects and companies expanding these industries. This is despite it being abundantly clear there is absolutely no room to expand fossil fuels if global warming is to be kept below 1.5 degrees. This undermining of your stated support for the Paris Agreement is disgraceful and needs to stop.\n\nIt\u2019s very difficult for me to distinguish what\u2019s worse; that\n\n- since committing to support the Paris Agreement you have loaned more than $1.1 billion to companies whose business plans rely on the failure of that exact Agreement, or\n- you have loaned $843 million to new fossil fuel projects that, over their lifetimes, would enable another 1.9 billion tonnes of CO2 to be released into the atmosphere, or\n- you have loaned more than $5.4 billion to fossil fuels since 2016 - almost 3 times your lending to renewable energy.\n\nCommitting to exit thermal coal by 2030 was a necessary step but clearly you need to do more to align your financing activities with the Paris Agreement.\n\nAs a customer and shareholder I would like to know how I can close my bank account with you, unless you\u2019re willing to confirm to me you will:\n\n- No longer finance projects that expand the scale of the fossil fuel industry, or companies seeking to expand the scale of the fossil fuel industry,\n- Phase out oil and gas exposure in line with meeting the uppermost goals of the Paris Agreement.\n\nIf not, please pass along the requested information about ending my business relationship with you.\n\nSincerely,Your message to Westpac (customer and shareholder - ask about ending mortgage)Dear Westpac,\n\nIt is appalling that, since you first expressed support for the Paris Agreement, you have loaned billions of dollars to fossil fuel projects and companies expanding these industries. This is despite it being abundantly clear there is absolutely no room to expand fossil fuels if global warming is to be kept below 1.5 degrees. This undermining of your stated support for the Paris Agreement is disgraceful and needs to stop.\n\nIt\u2019s very difficult for me to distinguish what\u2019s worse; that\n\n- since committing to support the Paris Agreement you have loaned more than $1.1 billion to companies whose business plans rely on the failure of that exact Agreement, or\n- you have loaned $843 million to new fossil fuel projects that, over their lifetimes, would enable another 1.9 billion tonnes of CO2 to be released into the atmosphere, or\n- you have loaned more than $5.4 billion to fossil fuels since 2016 - almost 3 times your lending to renewable energy.\n\nCommitting to exit thermal coal by 2030 was a necessary step but clearly you need to do more to align your financing activities with the Paris Agreement.\n\nAs a customer and shareholder I would like to know how I can end my mortgage with you, unless you\u2019re willing to confirm to me you will:\n\n- No longer finance projects that expand the scale of the fossil fuel industry, or companies seeking to expand the scale of the fossil fuel industry,\n- Phase out oil and gas exposure in line with meeting the uppermost goals of the Paris Agreement.\n\nIf not, please pass along the requested information about ending my business relationship with you.\n\nSincerely,Your message to Westpac (customer and shareholder - ask about ending other services)Dear Westpac,\n\nIt is appalling that, since you first expressed support for the Paris Agreement, you have loaned billions of dollars to fossil fuel projects and companies expanding these industries. This is despite it being abundantly clear there is absolutely no room to expand fossil fuels if global warming is to be kept below 1.5 degrees. This undermining of your stated support for the Paris Agreement is disgraceful and needs to stop.\n\nIt\u2019s very difficult for me to distinguish what\u2019s worse; that\n\n- since committing to support the Paris Agreement you have loaned more than $1.1 billion to companies whose business plans rely on the failure of that exact Agreement, or\n- you have loaned $843 million to new fossil fuel projects that, over their lifetimes, would enable another 1.9 billion tonnes of CO2 to be released into the atmosphere, or\n- you have loaned more than $5.4 billion to fossil fuels since 2016 - almost 3 times your lending to renewable energy.\n\nCommitting to exit thermal coal by 2030 was a necessary step but clearly you need to do more to align your financing activities with the Paris Agreement.\n\nAs a customer and shareholder I would like to know how I can end my services with you, unless you\u2019re willing to confirm to me you will:\n\n- No longer finance projects that expand the scale of the fossil fuel industry, or companies seeking to expand the scale of the fossil fuel industry,\n- Phase out oil and gas exposure in line with meeting the uppermost goals of the Paris Agreement.\n\nIf not, please pass along the requested information about ending my business relationship with you.\n\nSincerely,Yes, I want to hear more from Market Forces about this campaign\n\nYes, I want to hear more from Market Forces about this campaign\nPASS DATA - ACTION LIST: I would like to...\n\nGive the bank one last chance\nPASS DATA - ACTION LIST: I would like to...\n\nAsk for information about ending business with the bank\nPASS DATA - MAIN LIST: I am an... -&gt; Big bank customer\n\nWestpac\nPASS DATA - MAIN LIST: I have the following products (mortgage) -&gt; Your bank (home loans)\n\nWestpac\nPASS DATA - MAIN LIST: I am a... -&gt; Are you a Westpac customer?\n\na Westpac customer\nPASS DATA - MAIN LIST: I am a... -&gt; Are you a Westpac shareholder?\n\na Westpac 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This is despite it being abundantly clear there is absolutely no room to expand fossil fuels if global warming is to be kept below 1.5 degrees. 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This undermining of your stated support for the Paris Agreement is disgraceful and needs to stop.nnItu2019s very difficult for me to distinguish whatu2019s worse; thatnn- since committing to support the Paris Agreement you have loaned more than $1.1 billion to companies whose business plans rely on the failure of that exact Agreement, orn- you have loaned $843 million to new fossil fuel projects that, over their lifetimes, would enable another 1.9 billion tonnes of CO2 to be released into the atmosphere, orn- you have loaned more than $5.4 billion to fossil fuels since 2016 - almost 3 times your lending to renewable energy.nnCommitting to exit thermal coal by 2030 was a necessary step but clearly you need to do more to align your financing activities with the Paris Agreement.nnAs a shareholder, I am asking you to make commitments today that would be the bare minimum to carry any credibility on climate change from this point forward. I am asking you to confirm you will:nn- No longer finance projects that expand the scale of the fossil fuel industry, or companies seeking to expand the scale of the fossil fuel industry,n- Phase out oil and gas exposure in line with meeting the uppermost goals of the Paris Agreement.nnPlease confirm as soon as possible that you will meet the above two points.nnSincerely,\",\"22\":\"Dear Westpac,nnIt is appalling that, since you first expressed support for the Paris Agreement, you have loaned billions of dollars to fossil fuel projects and companies expanding these industries. This is despite it being abundantly clear there is absolutely no room to expand fossil fuels if global warming is to be kept below 1.5 degrees. This undermining of your stated support for the Paris Agreement is disgraceful and needs to stop.nnItu2019s very difficult for me to distinguish whatu2019s worse; thatnn- since committing to support the Paris Agreement you have loaned more than $1.1 billion to companies whose business plans rely on the failure of that exact Agreement, orn- you have loaned $843 million to new fossil fuel projects that, over their lifetimes, would enable another 1.9 billion tonnes of CO2 to be released into the atmosphere, orn- you have loaned more than $5.4 billion to fossil fuels since 2016 - almost 3 times your lending to renewable energy.nnCommitting to exit thermal coal by 2030 was a necessary step but clearly you need to do more to align your financing activities with the Paris Agreement.nnAs a customer and shareholder I am giving you one last chance to decide whether you want my business. I am asking you to make commitments today that would be the bare minimum to carry any credibility on climate change from this point forward. I am asking you to confirm you will:nn- No longer finance projects that expand the scale of the fossil fuel industry, or companies seeking to expand the scale of the fossil fuel industry,n- Phase out oil and gas exposure in line with meeting the uppermost goals of the Paris Agreement.nnPlease confirm as soon as possible that you will meet the above two points.nnSincerely,\",\"33\":\"Dear Westpac,nnIt is appalling that, since you first expressed support for the Paris Agreement, you have loaned billions of dollars to fossil fuel projects and companies expanding these industries. This is despite it being abundantly clear there is absolutely no room to expand fossil fuels if global warming is to be kept below 1.5 degrees. This undermining of your stated support for the Paris Agreement is disgraceful and needs to stop.nnItu2019s very difficult for me to distinguish whatu2019s worse; thatnn- since committing to support the Paris Agreement you have loaned more than $1.1 billion to companies whose business plans rely on the failure of that exact Agreement, orn- you have loaned $843 million to new fossil fuel projects that, over their lifetimes, would enable another 1.9 billion tonnes of CO2 to be released into the atmosphere, orn- you have loaned more than $5.4 billion to fossil fuels since 2016 - almost 3 times your lending to renewable energy.nnCommitting to exit thermal coal by 2030 was a necessary step but clearly you need to do more to align your financing activities with the Paris Agreement.nnAs a customer I would like to know how I can close my bank account and end my mortgage and other services with you, unless youu2019re willing to confirm to me you will:nn- No longer finance projects that expand the scale of the fossil fuel industry, or companies seeking to expand the scale of the fossil fuel industry,n- Phase out oil and gas exposure in line with meeting the uppermost goals of the Paris Agreement.nnIf not, please pass along the requested information about ending my business relationship with you.nnSincerely,\",\"34\":\"Dear Westpac,nnIt is appalling that, since you first expressed support for the Paris Agreement, you have loaned billions of dollars to fossil fuel projects and companies expanding these industries. This is despite it being abundantly clear there is absolutely no room to expand fossil fuels if global warming is to be kept below 1.5 degrees. This undermining of your stated support for the Paris Agreement is disgraceful and needs to stop.nnItu2019s very difficult for me to distinguish whatu2019s worse; thatnn- since committing to support the Paris Agreement you have loaned more than $1.1 billion to companies whose business plans rely on the failure of that exact Agreement, orn- you have loaned $843 million to new fossil fuel projects that, over their lifetimes, would enable another 1.9 billion tonnes of CO2 to be released into the atmosphere, orn- you have loaned more than $5.4 billion to fossil fuels since 2016 - almost 3 times your lending to renewable energy.nnCommitting to exit thermal coal by 2030 was a necessary step but clearly you need to do more to align your financing activities with the Paris Agreement.nnAs a customer I would like to know how I can close my bank account and end my mortgage with you, unless youu2019re willing to confirm to me you will:nn- No longer finance projects that expand the scale of the fossil fuel industry, or companies seeking to expand the scale of the fossil fuel industry,n- Phase out oil and gas exposure in line with meeting the uppermost goals of the Paris Agreement.nnIf not, please pass along the requested information about ending my business relationship with you.nnSincerely,\",\"35\":\"Dear Westpac,nnIt is appalling that, since you first expressed support for the Paris Agreement, you have loaned billions of dollars to fossil fuel projects and companies expanding these industries. This is despite it being abundantly clear there is absolutely no room to expand fossil fuels if global warming is to be kept below 1.5 degrees. This undermining of your stated support for the Paris Agreement is disgraceful and needs to stop.nnItu2019s very difficult for me to distinguish whatu2019s worse; thatnn- since committing to support the Paris Agreement you have loaned more than $1.1 billion to companies whose business plans rely on the failure of that exact Agreement, orn- you have loaned $843 million to new fossil fuel projects that, over their lifetimes, would enable another 1.9 billion tonnes of CO2 to be released into the atmosphere, orn- you have loaned more than $5.4 billion to fossil fuels since 2016 - almost 3 times your lending to renewable energy.nnCommitting to exit thermal coal by 2030 was a necessary step but clearly you need to do more to align your financing activities with the Paris Agreement.nnAs a customer I would like to know how I can close my bank account and end other services with you, unless youu2019re willing to confirm to me you will:nn- No longer finance projects that expand the scale of the fossil fuel industry, or companies seeking to expand the scale of the fossil fuel industry,n- Phase out oil and gas exposure in line with meeting the uppermost goals of the Paris Agreement.nnIf not, please pass along the requested information about ending my business relationship with you.nnSincerely,\",\"36\":\"Dear Westpac,nnIt is appalling that, since you first expressed support for the Paris Agreement, you have loaned billions of dollars to fossil fuel projects and companies expanding these industries. This is despite it being abundantly clear there is absolutely no room to expand fossil fuels if global warming is to be kept below 1.5 degrees. This undermining of your stated support for the Paris Agreement is disgraceful and needs to stop.nnItu2019s very difficult for me to distinguish whatu2019s worse; thatnn- since committing to support the Paris Agreement you have loaned more than $1.1 billion to companies whose business plans rely on the failure of that exact Agreement, orn- you have loaned $843 million to new fossil fuel projects that, over their lifetimes, would enable another 1.9 billion tonnes of CO2 to be released into the atmosphere, orn- you have loaned more than $5.4 billion to fossil fuels since 2016 - almost 3 times your lending to renewable energy.nnCommitting to exit thermal coal by 2030 was a necessary step but clearly you need to do more to align your financing activities with the Paris Agreement.nnAs a customer I would like to know how I can end my mortgage and other services with you, unless youu2019re willing to confirm to me you will:nn- No longer finance projects that expand the scale of the fossil fuel industry, or companies seeking to expand the scale of the fossil fuel industry,n- Phase out oil and gas exposure in line with meeting the uppermost goals of the Paris Agreement.nnIf not, please pass along the requested information about ending my business relationship with you.nnSincerely,\",\"37\":\"Dear Westpac,nnIt is appalling that, since you first expressed support for the Paris Agreement, you have loaned billions of dollars to fossil fuel projects and companies expanding these industries. This is despite it being abundantly clear there is absolutely no room to expand fossil fuels if global warming is to be kept below 1.5 degrees. This undermining of your stated support for the Paris Agreement is disgraceful and needs to stop.nnItu2019s very difficult for me to distinguish whatu2019s worse; thatnn- since committing to support the Paris Agreement you have loaned more than $1.1 billion to companies whose business plans rely on the failure of that exact Agreement, orn- you have loaned $843 million to new fossil fuel projects that, over their lifetimes, would enable another 1.9 billion tonnes of CO2 to be released into the atmosphere, orn- you have loaned more than $5.4 billion to fossil fuels since 2016 - almost 3 times your lending to renewable energy.nnCommitting to exit thermal coal by 2030 was a necessary step but clearly you need to do more to align your financing activities with the Paris Agreement.nnAs a customer I would like to know how I can close my bank account with you, unless youu2019re willing to confirm to me you will:nn- No longer finance projects that expand the scale of the fossil fuel industry, or companies seeking to expand the scale of the fossil fuel industry,n- Phase out oil and gas exposure in line with meeting the uppermost goals of the Paris Agreement.nnIf not, please pass along the requested information about ending my business relationship with you.nnSincerely,\",\"38\":\"Dear Westpac,nnIt is appalling that, since you first expressed support for the Paris Agreement, you have loaned billions of dollars to fossil fuel projects and companies expanding these industries. This is despite it being abundantly clear there is absolutely no room to expand fossil fuels if global warming is to be kept below 1.5 degrees. This undermining of your stated support for the Paris Agreement is disgraceful and needs to stop.nnItu2019s very difficult for me to distinguish whatu2019s worse; thatnn- since committing to support the Paris Agreement you have loaned more than $1.1 billion to companies whose business plans rely on the failure of that exact Agreement, orn- you have loaned $843 million to new fossil fuel projects that, over their lifetimes, would enable another 1.9 billion tonnes of CO2 to be released into the atmosphere, orn- you have loaned more than $5.4 billion to fossil fuels since 2016 - almost 3 times your lending to renewable energy.nnCommitting to exit thermal coal by 2030 was a necessary step but clearly you need to do more to align your financing activities with the Paris Agreement.nnAs a customer I would like to know how I can end my mortgage with you, unless youu2019re willing to confirm to me you will:nn- No longer finance projects that expand the scale of the fossil fuel industry, or companies seeking to expand the scale of the fossil fuel industry,n- Phase out oil and gas exposure in line with meeting the uppermost goals of the Paris Agreement.nnIf not, please pass along the requested information about ending my business relationship with you.nnSincerely,\",\"39\":\"Dear Westpac,nnIt is appalling that, since you first expressed support for the Paris Agreement, you have loaned billions of dollars to fossil fuel projects and companies expanding these industries. This is despite it being abundantly clear there is absolutely no room to expand fossil fuels if global warming is to be kept below 1.5 degrees. This undermining of your stated support for the Paris Agreement is disgraceful and needs to stop.nnItu2019s very difficult for me to distinguish whatu2019s worse; thatnn- since committing to support the Paris Agreement you have loaned more than $1.1 billion to companies whose business plans rely on the failure of that exact Agreement, orn- you have loaned $843 million to new fossil fuel projects that, over their lifetimes, would enable another 1.9 billion tonnes of CO2 to be released into the atmosphere, orn- you have loaned more than $5.4 billion to fossil fuels since 2016 - almost 3 times your lending to renewable energy.nnCommitting to exit thermal coal by 2030 was a necessary step but clearly you need to do more to align your financing activities with the Paris Agreement.nnAs a customer I would like to know how I can end my services with you, unless youu2019re willing to confirm to me you will:nn- No longer finance projects that expand the scale of the fossil fuel industry, or companies seeking to expand the scale of the fossil fuel industry,n- Phase out oil and gas exposure in line with meeting the uppermost goals of the Paris Agreement.nnIf not, please pass along the requested information about ending my business relationship with you.nnSincerely,\",\"40\":\"Dear Westpac,nnIt is appalling that, since you first expressed support for the Paris Agreement, you have loaned billions of dollars to fossil fuel projects and companies expanding these industries. This is despite it being abundantly clear there is absolutely no room to expand fossil fuels if global warming is to be kept below 1.5 degrees. This undermining of your stated support for the Paris Agreement is disgraceful and needs to stop.nnItu2019s very difficult for me to distinguish whatu2019s worse; thatnn- since committing to support the Paris Agreement you have loaned more than $1.1 billion to companies whose business plans rely on the failure of that exact Agreement, orn- you have loaned $843 million to new fossil fuel projects that, over their lifetimes, would enable another 1.9 billion tonnes of CO2 to be released into the atmosphere, orn- you have loaned more than $5.4 billion to fossil fuels since 2016 - almost 3 times your lending to renewable energy.nnCommitting to exit thermal coal by 2030 was a necessary step but clearly you need to do more to align your financing activities with the Paris Agreement.nnAs a customer and shareholder I would like to know how I can close my bank account and end my mortgage and other services with you, unless youu2019re willing to confirm to me you will:nn- No longer finance projects that expand the scale of the fossil fuel industry, or companies seeking to expand the scale of the fossil fuel industry,n- Phase out oil and gas exposure in line with meeting the uppermost goals of the Paris Agreement.nnIf not, please pass along the requested information about ending my business relationship with you.nnSincerely,\",\"41\":\"Dear Westpac,nnIt is appalling that, since you first expressed support for the Paris Agreement, you have loaned billions of dollars to fossil fuel projects and companies expanding these industries. This is despite it being abundantly clear there is absolutely no room to expand fossil fuels if global warming is to be kept below 1.5 degrees. This undermining of your stated support for the Paris Agreement is disgraceful and needs to stop.nnItu2019s very difficult for me to distinguish whatu2019s worse; thatnn- since committing to support the Paris Agreement you have loaned more than $1.1 billion to companies whose business plans rely on the failure of that exact Agreement, orn- you have loaned $843 million to new fossil fuel projects that, over their lifetimes, would enable another 1.9 billion tonnes of CO2 to be released into the atmosphere, orn- you have loaned more than $5.4 billion to fossil fuels since 2016 - almost 3 times your lending to renewable energy.nnCommitting to exit thermal coal by 2030 was a necessary step but clearly you need to do more to align your financing activities with the Paris Agreement.nnAs a customer and shareholder I would like to know how I can close my bank account and end my mortgage with you, unless youu2019re willing to confirm to me you will:nn- No longer finance projects that expand the scale of the fossil fuel industry, or companies seeking to expand the scale of the fossil fuel industry,n- Phase out oil and gas exposure in line with meeting the uppermost goals of the Paris Agreement.nnIf not, please pass along the requested information about ending my business relationship with you.nnSincerely,\",\"42\":\"Dear Westpac,nnIt is appalling that, since you first expressed support for the Paris Agreement, you have loaned billions of dollars to fossil fuel projects and companies expanding these industries. This is despite it being abundantly clear there is absolutely no room to expand fossil fuels if global warming is to be kept below 1.5 degrees. This undermining of your stated support for the Paris Agreement is disgraceful and needs to stop.nnItu2019s very difficult for me to distinguish whatu2019s worse; thatnn- since committing to support the Paris Agreement you have loaned more than $1.1 billion to companies whose business plans rely on the failure of that exact Agreement, orn- you have loaned $843 million to new fossil fuel projects that, over their lifetimes, would enable another 1.9 billion tonnes of CO2 to be released into the atmosphere, orn- you have loaned more than $5.4 billion to fossil fuels since 2016 - almost 3 times your lending to renewable energy.nnCommitting to exit thermal coal by 2030 was a necessary step but clearly you need to do more to align your financing activities with the Paris Agreement.nnAs a customer and shareholder I would like to know how I can close my bank account and end other services with you, unless youu2019re willing to confirm to me you will:nn- No longer finance projects that expand the scale of the fossil fuel industry, or companies seeking to expand the scale of the fossil fuel industry,n- Phase out oil and gas exposure in line with meeting the uppermost goals of the Paris Agreement.nnIf not, please pass along the requested information about ending my business relationship with you.nnSincerely,\",\"43\":\"Dear Westpac,nnIt is appalling that, since you first expressed support for the Paris Agreement, you have loaned billions of dollars to fossil fuel projects and companies expanding these industries. This is despite it being abundantly clear there is absolutely no room to expand fossil fuels if global warming is to be kept below 1.5 degrees. This undermining of your stated support for the Paris Agreement is disgraceful and needs to stop.nnItu2019s very difficult for me to distinguish whatu2019s worse; thatnn- since committing to support the Paris Agreement you have loaned more than $1.1 billion to companies whose business plans rely on the failure of that exact Agreement, orn- you have loaned $843 million to new fossil fuel projects that, over their lifetimes, would enable another 1.9 billion tonnes of CO2 to be released into the atmosphere, orn- you have loaned more than $5.4 billion to fossil fuels since 2016 - almost 3 times your lending to renewable energy.nnCommitting to exit thermal coal by 2030 was a necessary step but clearly you need to do more to align your financing activities with the Paris Agreement.nnAs a customer and shareholder I would like to know how I can end my mortgage and other services with you, unless youu2019re willing to confirm to me you will:nn- No longer finance projects that expand the scale of the fossil fuel industry, or companies seeking to expand the scale of the fossil fuel industry,n- Phase out oil and gas exposure in line with meeting the uppermost goals of the Paris Agreement.nnIf not, please pass along the requested information about ending my business relationship with you.nnSincerely,\",\"44\":\"Dear Westpac,nnIt is appalling that, since you first expressed support for the Paris Agreement, you have loaned billions of dollars to fossil fuel projects and companies expanding these industries. This is despite it being abundantly clear there is absolutely no room to expand fossil fuels if global warming is to be kept below 1.5 degrees. This undermining of your stated support for the Paris Agreement is disgraceful and needs to stop.nnItu2019s very difficult for me to distinguish whatu2019s worse; thatnn- since committing to support the Paris Agreement you have loaned more than $1.1 billion to companies whose business plans rely on the failure of that exact Agreement, orn- you have loaned $843 million to new fossil fuel projects that, over their lifetimes, would enable another 1.9 billion tonnes of CO2 to be released into the atmosphere, orn- you have loaned more than $5.4 billion to fossil fuels since 2016 - almost 3 times your lending to renewable energy.nnCommitting to exit thermal coal by 2030 was a necessary step but clearly you need to do more to align your financing activities with the Paris Agreement.nnAs a customer and shareholder I would like to know how I can close my bank account with you, unless youu2019re willing to confirm to me you will:nn- No longer finance projects that expand the scale of the fossil fuel industry, or companies seeking to expand the scale of the fossil fuel industry,n- Phase out oil and gas exposure in line with meeting the uppermost goals of the Paris Agreement.nnIf not, please pass along the requested information about ending my business relationship with you.nnSincerely,\",\"45\":\"Dear Westpac,nnIt is appalling that, since you first expressed support for the Paris Agreement, you have loaned billions of dollars to fossil fuel projects and companies expanding these industries. This is despite it being abundantly clear there is absolutely no room to expand fossil fuels if global warming is to be kept below 1.5 degrees. This undermining of your stated support for the Paris Agreement is disgraceful and needs to stop.nnItu2019s very difficult for me to distinguish whatu2019s worse; thatnn- since committing to support the Paris Agreement you have loaned more than $1.1 billion to companies whose business plans rely on the failure of that exact Agreement, orn- you have loaned $843 million to new fossil fuel projects that, over their lifetimes, would enable another 1.9 billion tonnes of CO2 to be released into the atmosphere, orn- you have loaned more than $5.4 billion to fossil fuels since 2016 - almost 3 times your lending to renewable energy.nnCommitting to exit thermal coal by 2030 was a necessary step but clearly you need to do more to align your financing activities with the Paris Agreement.nnAs a customer and shareholder I would like to know how I can end my mortgage with you, unless youu2019re willing to confirm to me you will:nn- No longer finance projects that expand the scale of the fossil fuel industry, or companies seeking to expand the scale of the fossil fuel industry,n- Phase out oil and gas exposure in line with meeting the uppermost goals of the Paris Agreement.nnIf not, please pass along the requested information about ending my business relationship with you.nnSincerely,\",\"46\":\"Dear Westpac,nnIt is appalling that, since you first expressed support for the Paris Agreement, you have loaned billions of dollars to fossil fuel projects and companies expanding these industries. This is despite it being abundantly clear there is absolutely no room to expand fossil fuels if global warming is to be kept below 1.5 degrees. This undermining of your stated support for the Paris Agreement is disgraceful and needs to stop.nnItu2019s very difficult for me to distinguish whatu2019s worse; thatnn- since committing to support the Paris Agreement you have loaned more than $1.1 billion to companies whose business plans rely on the failure of that exact Agreement, orn- you have loaned $843 million to new fossil fuel projects that, over their lifetimes, would enable another 1.9 billion tonnes of CO2 to be released into the atmosphere, orn- you have loaned more than $5.4 billion to fossil fuels since 2016 - almost 3 times your lending to renewable energy.nnCommitting to exit thermal coal by 2030 was a necessary step but clearly you need to do more to align your financing activities with the Paris Agreement.nnAs a customer and shareholder I would like to know how I can end my services with you, unless youu2019re willing to confirm to me you will:nn- No longer finance projects that expand the scale of the fossil fuel industry, or companies seeking to expand the scale of the fossil fuel industry,n- Phase out oil and gas exposure in line with meeting the uppermost goals of the Paris Agreement.nnIf not, please pass along the requested information about ending my business relationship with you.nnSincerely,\",\"9\":[\"choice_308_9_1\"],\"49\":[\"choice_308_49_1\"],\"50\":[\"choice_308_50_1\"],\"47\":[\"choice_308_47_1\"],\"48\":[\"choice_308_48_1\"],\"51\":[\"choice_308_51_1\"],\"52\":[\"choice_308_52_1\"]}, fields: {\"1\":[],\"2\":[],\"26\":[16],\"16\":[],\"15\":[],\"25\":[31,20,21,22,33,34,35,36,37,38,39,40,41,42,43,44,45,46,47,51,52],\"31\":[32,20,22,33,34,35,36,37,38,39,40,41,42,43,44,45,46,49,50],\"32\":[33,34,35,36,37,38,39,40,41,42,43,44,45,46,48],\"27\":[],\"20\":[],\"21\":[],\"22\":[],\"33\":[],\"34\":[],\"35\":[],\"36\":[],\"37\":[],\"38\":[],\"39\":[],\"40\":[],\"41\":[],\"42\":[],\"43\":[],\"44\":[],\"45\":[],\"46\":[],\"9\":[],\"49\":[],\"50\":[],\"47\":[],\"48\":[],\"51\":[],\"52\":[]} }; if(!window['gf_number_format'])window['gf_number_format'] = 'decimal_dot';jQuery(document).ready(function(){gf_apply_rules(308, [16,31,32,20,21,22,33,34,35,36,37,38,39,40,41,42,43,44,45,46,49,50,47,48,51,52], true);jQuery('#gform_wrapper_308').show();jQuery(document).trigger('gform_post_conditional_logic', [308, null, true]);} );} } } );jQuery(document).bind('gform_post_conditional_logic', function(event, formId, fields, isInit){} ); jQuery(document).ready(function(){jQuery(document).trigger('gform_post_render', [308, 1]) } );\n\nHas Westpac fulfilled its Paris climate pledge?Not yet.\nSince Westpac publicly committed to act in support of the Paris Agreement to limit global warming to less than 1.5\u00b0C above pre-industrial levels, it has sunk over $5 billion into fossil fuel deals, including over $800 million into projects that expand the scale of the fossil fuel industry.\nIn May 2020, Westpac updated its Climate Change Action Plan, committing to exit thermal coal exposure by 2030 and re-committing to lend in line with the goals of the Paris Agreement.\nThis update is another nail in the coffin for the thermal coal industry, as Westpac joins the Commonwealth Bank and Australia\u2019s three major insurers to quit thermal coal by 2030.\nThe bank also appears to have made a subtle commitment to not finance new oil and gas projects, indicating that any financing of the sector from this point on will need to be compatible with the Paris Agreement. To meet the Paris climate goal of limiting global warming to 1.5\u00baC, energy from gas must fall by 25% by 2030 and oil by 37% from a 2010 baseline according to the IPCC.\nAlthough stepping in the right direction, Westpac\u2019s policy will only be worth the paper it's written on if the bank reverses its disturbing history of lending to fossil fuels.\nScorecard since Paris Agreement commitment:total lending to fossil fuels$0 millionlending to companies with business plans consistent with the failure of Paris Agreement$0 millionTotal lending to expansionary projects$0 millionfossil fuel vs renewables lending ratio$2.71 : $1Total emissions enabled(tonnes CO2)\n\n1.9 billionPlans to exit thermal coal by 2030, consistent with Paris Agreement?YesPlans to phase out all fossil fuel exposure in line with the Paris Agreement?NoExplicitly rules out funding new or expansionary fossil fuels?NoExplicitly rules out funding companies whose business plans are consistent with the failure of the Paris Agreement?No\n\nWith @Westpac&#39;s move today, 2 of Australia&#39;s big-4 banks, and all 3 Aus major general insurers will now be exiting thermal #coal by 2030.If you want your power station or mine open past then, it&#39;s going to get tough. #divestSee our full analysis: https:\/\/t.co\/X82OpK79My pic.twitter.com\/eNlHuIznOL&mdash; Market Forces (@market_forces) May 4, 2020\n\nHow is Westpac expanding fossil fuels?\n\nWestpac\u2019s policy update in May 2020 appears to have made a subtle commitment to not finance new oil and gas projects, indicating that any financing of the sector from this point on will need to be compatible with the Paris Agreement. To meet the Paris climate goal of limiting global warming to 1.5\u00baC, energy from gas must fall by 25% by 2030 and oil by 37% from a 2010 baseline according to the IPCC.\nThis new policy should reverse a disturbing trend in Westpac\u2019s recent lending activity. Since January 2016 Westpac has loaned $5.4 billion to coal, oil and gas projects including $843 million to projects that expand the scale of the fossil fuel industry.\nWe are now calling on Westpac to apply the same principles to corporate customers as it has done to projects. As revealed by our scorecard, Westpac has loaned more than $1.1 billion to companies with business plans consistent with the failure of the Paris Agreement. In the section adjacent you will find Westpac\u2019s total lending to such companies, as well as a table listing the companies themselves.\nThis includes:\n\n$110 million to Woodside Energy in the 2nd half of 2019 that will help to open up more of Western Australia to dangerous gas extraction. Westpac earned $2.8 million in fees for arranging this loan.\nlending $315 million to Origin Energy, which plans to open up the Northern Territory to dangerous fracking.\n$92 million to Whitehaven coal and $54 million to Santos, both of which have massive plans to expand the coal and gas sectors.\n$32 million to Horizon Oil, the company embroiled in a corruption scandal after allegedly giving $15.4 million to a shell company owned by the Papua New Guinea Minister for Petroleum and Energy.\n\nWestpac\u2019s connections to companies out of line with the Paris Agreement\n\nwdt_ID        Out of line companies        Banks\n\n1\nAGL Energy\nANZ, CommBank, NAB, Westpac\n\n2\nAPA Group\nANZ, CommBank, NAB, Westpac\n\n3\nAurizon\nANZ, CommBank, NAB, Westpac\n\n4\nBeach Energy\nANZ, CommBank, NAB, Westpac\n\n6\nMineral Resources\nCommBank, NAB, Westpac\n\n8\nOil Search\nANZ, CommBank, NAB, Westpac\n\n9\nOrigin Energy\nANZ, CommBank, NAB, Westpac\n\n10\nSantos\nANZ, CommBank, Westpac\n\n12\nWhitehaven Coal\nANZ, NAB, Westpac\n\n13\nWoodside Energy\nANZ, CommBank, Westpac\n\nbutton.button.btn.wdt-clear-filters-button {\nbackground: #ffffff;\nborder-style: solid;\nborder-width: 2px;\nborder-color: #903e4c;\ntext-shadow: 0px 0px;\n}\n\ndiv.wpDataTables.wpDataTablesFilter.wpDataTablesWrapper.data-t {\nmargin-bottom: 0px;\n}\n\ndiv.wpDataTableFilterSection {\nmargin-bottom: 0px !important;\n}table.wpDataTable td.numdata { text-align: right !important; }\n\n\/* th background color *\/\n.wpdt-c .wpDataTablesWrapper table.wpDataTable thead th,\n.wpdt-c .wpDataTablesWrapper table.wpDataTable thead th.sorting {\nbackground-color: #903e4c !important;\nbackground-image: none !important;\n}\n\/* th font color *\/\n.wpdt-c .wpDataTablesWrapper table.wpDataTable thead th {\ncolor: #ffffff !important;\n}\n.wpdt-c .wpDataTablesWrapper table.wpDataTable thead th.sorting:after,\n.wpdt-c .wpDataTablesWrapper table.wpDataTable thead th.sorting_asc:after {\nborder-bottom-color: #ffffff !important;\n}\n.wpdt-c .wpDataTablesWrapper table.wpDataTable thead th.sorting_desc:after {\nborder-top-color: #ffffff !important;\n}\n\nWestpac\u2019s lending to companies out of line with the Paris Agreement since 1 Jan 2016\n\nif(typeof(wpDataCharts)=='undefined'){wpDataCharts = {};}; wpDataCharts[19] = {render_data: {\"options\":{\"title\":{\"text\":\"\",\"floating\":false,\"align\":\"center\"},\"series\":[{\"type\":\"\",\"name\":\"Westpac\",\"color\":\"#d5002b\",\"label\":\"Westpac\",\"orig_header\":\"westpac\",\"data\":[167,309,350,328],\"yAxis\":0}],\"xAxis\":{\"categories\":[2016,2017,2018,2019],\"crosshair\":false},\"yAxis\":[{\"gridLineDashStyle\":\"solid\",\"title\":{\"text\":\"Amount (AU$m)\"},\"crosshair\":false}],\"chart\":{\"backgroundColor\":\"\",\"borderWidth\":0,\"borderColor\":\"\",\"borderRadius\":0,\"zoomType\":\"none\",\"panning\":false,\"panKey\":\"shift\",\"plotBackgroundColor\":\"\",\"plotBackgroundImage\":\"\",\"plotBorderColor\":\"\",\"plotBorderWidth\":\"\",\"inverted\":false},\"subtitle\":{\"text\":\"\",\"align\":\"center\"},\"tooltip\":{\"enabled\":true,\"backgroundColor\":\"rgba(255,255,255,0.85)\",\"borderWidth\":\"1\",\"borderColor\":\"\",\"borderRadius\":3,\"shared\":false,\"valuePrefix\":\"$\",\"valueSuffix\":\"m\"},\"legend\":{\"enabled\":false,\"backgroundColor\":\"\",\"title\":{\"text\":\"\"},\"layout\":\"horizontal\",\"align\":\"center\",\"verticalAlign\":\"bottom\",\"borderWidth\":\"0\",\"borderColor\":\"\",\"borderRadius\":\"0\"},\"exporting\":{\"enabled\":false,\"chartOptions\":{\"plotOptions\":{\"series\":{\"dataLabels\":{\"enabled\":false}}}},\"filename\":\"\",\"width\":\"\",\"buttons\":{\"contextButton\":{\"align\":\"right\",\"verticalAlign\":\"top\",\"symbolStroke\":\"#666\",\"text\":\"\"}}},\"credits\":{\"enabled\":false,\"href\":\"http:\/\/www.highcharts.com\",\"text\":\"Highcharts.com\"}},\"type\":\"highcharts_basic_column_chart\",\"height\":\"400\"}, engine: \"highcharts\", type: \"highcharts_basic_column_chart\", title: \"Banks lending to companies out of line with the Paris Agreement (1 Jan 2016 - 31 Dec 2019) - 1.5 degrees scorecard 2020 - Westpac only\", container: \"wpDataChart_19\", follow_filtering: 0, wpdatatable_id: 24, group_chart: 0}\n\nDivestment stories\n\nWant to share your divestment story?\nRecord a short video using your computer or phone (held sideways in landscape) and email us at contact@marketforces.org.au so that we can help you share it.\n\nGoodbye Bank of Melbourne and Westpac\n\nAs a medical specialist, I recognise the adverse health impacts of coal combustion and its central contribution to climate change. This is not a statement of ideology but purely a scientific one.\nAny bank ignoring this can expect divestment action from their customers. We sent a letter of notice in 2017 but since then Bank of Melbourne\/Westpac Group has increased lending to the fossil fuel sector with no discernible strategy to exit coal financing. We are now with a lender more aligned with our values as well as the Paris Agreement.\n\nDr Steven, Melbourne\n\nWave farewell WestpacMy partner and I have a medical background that is based on using best available science and evidence to protect people from harm and preventing illness by identifying and trying to change harmful behaviours, substances and legislation.\nFrom this naturally follows that we have to accept current scientific evidence on the deadly impact of air-pollution, already killing over 8 million people every year, and climate change, the destructive forces of which we have experienced all too clearly this year in Australia and around the world.\nWe realized that both our default Superannuation and our bank were heavily invested in fossil-fuel companies through shares or loans and we decided that we could no longer let them use our money to finance something that has been proven to be as damaging, outdated and deadly as asbestos or tobacco. After writing to Westpac repeatedly yet without any change of their direction we moved our bank and divested our Super to fossil-free options.\nIn spite of this purely ethical and scientific decision we are currently reaping higher returns in our Super and paying lower interest-rates and bank-fees while no longer financing an outdated, dangerous and deadly industry with our money. Feels good.\n\nDr Steinvorth &amp; Brigit Weld \u2013 Lismore\n\nWestpac staff messages to Westpac decision makersMarket Forces has asked Westpac staff to complete an anonymous staff survey asking whether they support Westpac\u2019s lending to coal, oil and gas. Below are some of the messages that Westpac staff wanted to send to Westpac.\nWestpac needs to do betterWestpac used to be the world\u2019s leading financial institution on sustainability. It\u2019s one of the reasons I joined. We\u2019ve slipped, and that diminishes my sense of shared purpose; of focus on mission; of One Team. We in Australia have just witnessed (many endured) the first undeniably attributable climate change event. Our millions of customers need us to do better. Environment should guide our principlesIf we want to provide great service to our customers then we should be leaders in making thoughtful decisions about investment in projects that have a negative impact on the environment. Trust is built through many and ongoing small actions. Environmental awareness should be one of our guiding principals.\u00a0Time to be boldThe worlds most sustainable bank should be taking a leadership position on climate! Maybe now\u2019s the time to be bold and try to win back some trust with the public. Whilst not the reason to take action, environmental issues are also key for the younger age groups and who knows, it might actually be beneficial to our business?\n\nSend Westpac a sign\nEven if you're not a customer you can send Westpac a sign!\nWrite, paint or print a message to Westpac, take a photo and send it to us at contact@marketforces.org.au so that we can amplify your message on social media.\nShare your sign on Facebook, Twitter and anywhere else. Make sure that you tag Market Forces and your bank: @Market_Forces, @Westpac, @Westpacsustain and use hashtags #NoNewFossilFuels #StopFundingFossilFuels\nTagging Market Forces makes sure we see it so we can share it with our supporters.\n\nLearn moreFind out more about the extent and impacts of banks financing fossil fuels, compare the lending positions of different banks and learn more about how to switch to a bank that aligns to your values.\nHow to switch banksFind out how you can switch banks and make it count!\nBanks Comparison TableSee if your bank is using your money to finance fossil fuel projects\nFunding Climate FailureHow the big four banks are using your money to expand fossil fuels<img  class=\"x-img x-img-none\" style=\"margin-bottom: 0px;\" src=\"https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2016\/12\/Westpac-Logo-Scribble-150x150.png\" ><img alt=\"Image\" src=\"https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2020\/05\/Westpac-policy-response-graphic.png\" width=\"540\" height=\"540\" ><img  class=\"x-img x-img-none\"  src=\"https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2016\/12\/Westpac-Logo-Scribble-150x150.png\" ><img src=\"https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2020\/02\/Dr-Steven-Westpac-Divest.png\" alt=\"\" width=\"198\" height=\"197\" class=\"wp-image-39118 aligncenter\" srcset=\"https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2020\/02\/Dr-Steven-Westpac-Divest.png 1080w, https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2020\/02\/Dr-Steven-Westpac-Divest-300x300.png 300w, https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2020\/02\/Dr-Steven-Westpac-Divest-1024x1024.png 1024w, https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2020\/02\/Dr-Steven-Westpac-Divest-150x150.png 150w, https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2020\/02\/Dr-Steven-Westpac-Divest-768x768.png 768w, https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2020\/02\/Dr-Steven-Westpac-Divest-500x500.png 500w, https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2020\/02\/Dr-Steven-Westpac-Divest-1000x1000.png 1000w, https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2020\/02\/Dr-Steven-Westpac-Divest-100x100.png 100w, https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2020\/02\/Dr-Steven-Westpac-Divest-1061x1061.png 1061w\" sizes=\"(max-width: 198px) 100vw, 198px\" \/><img src=\"https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2020\/03\/Maggie-Westpac-sign.png\" alt=\"\" width=\"400\" height=\"302\" class=\" wp-image-39948 alignright\" \/><img src=\"https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2020\/07\/How-to-switch-your-bank-150x150.png\" ><img src=\"https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2020\/07\/Banks-comparison-table-150x150.png\" ><img src=\"https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2020\/07\/Funding-climate-failure-report-150x150.png\" >[\/cs_content_seo]","_et_gb_content_width":"","inline_featured_image":false,"footnotes":""},"class_list":["post-42885","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - 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