Westpac New Zealand Limited
BACKGROUND
Westpac is a multinational financial services company and the second largest bank in New Zealand. Services include retail, business and consumer banking, investment services, home loans and insurance service, as well as myriad services to corporate and institutional customers. Since establishing in New Zealand in 1861, it has become the dominant provider of banking services to small to medium business, corporate and institutional organisations, and is the banker of the New Zealand government. Currently Westpac boasts around 1.2 million customers, 3,000 shareholders and 208 branches nationwide.
HOW SUSTAINABILITY IS AN INTEGRAL PART OF THE ORGANISATION
Westpac understands that banks play a key role in society, through the facilitation of wealth creation by customers, the generation of direct and indirect employment, influencing environmental and social outcomes through lending decisions, and via economic stabilisation and growth. They aim to be one of the world's great companies by helping their customers, communities, and people to prosper and grow. Westpac New Zealand’s vision is to become much loved by helping customers achieve their dreams. Sustainability underlies the long term view taken by Westpac, and the key to success is therefore by addressing that the most material impacts to their business and society.
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