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Westpac Banking Corp

Common Name
Westpac Banking
Country
Australia
Sector
Financial Services
Industry
Banks - Diversified
Employees
33,305
Ticker
WBC
Exchange
Australian Securities Exchange
Description
Westpac Banking Corporation is a major Australian banking and financial services institution specializing in a comprehensive suite of offerings for retail, business, and institutional customers. Its c...

Westpac Banking's Energy Data Preview

In 2025, Westpac Banking disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Westpac Banking disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Metric (GJ)2025202420232022 - 2017
Total Energy Consumption
373,133a
415,164a
457,731b
Non-Renewable Energy Consumption
60,570a
72,907a
190,278b
Renewable Energy Consumption
312,563a
342,257a
267,453b
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Verified Sources Behind Westpac Banking’s Energy Management Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Westpac Banking’s data sources below and access millions more through our Disclosure Search.

a. Westpac Banking's Sustainability Report 2025
b. Westpac Banking's Financial & Extra-Financial Data Spreadsheet 2025

Insights into Westpac Banking's Energy Renewability

In 2025, Westpac Banking consumed a total of 373,133 Gigajoules of energy across its operations. Of this total, 83.77% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 16.23% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.a

Westpac Banking's Energy Renewability Rate

84%

How much of Westpac Banking's energy consumed is renewable?

In 2025, Westpac Banking consumed a total of 373,133 Gigajoules of energy, of which 83.77% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.a

This high level of renewable energy use suggests that Westpac Banking has taken strong steps toward decarbonizing its energy supply and reducing its dependence on fossil fuels.

Are Westpac Banking's energy practices becoming more sustainable?

Since 2023, Westpac Banking's total energy consumption decreased by 18.48%, including a further 10.12% drop in 2025, highlighting a continued decline in energy use.ab

Over the same period, the share of renewable energy in Westpac Banking's consumption increased by 43.36%, including a 1.61% increase in 2025, showing consistent progress in clean energy adoption.ab

Overall, Westpac Banking has reduced its total energy consumption while steadily increasing its use of renewables, reflecting a strong commitment to reducing its energy-related environmental footprint.

Westpac Banking's Renewable vs Non-renewable Energy Over Time

376.48 k176.48 k23.52 k376.48 kGigajoules (GJ)20252024202384%82%58%16%18%42%
  • Renewable Energy Consumption
  • Non-Renewable Energy Consumption
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