Westpac Banking Corp

Common Name
Westpac Banking
Country
Australia
Sector
Financial Services
Industry
Banks - Diversified
Employees
33,583
Ticker
WBC
Exchange
ASX
Description
Westpac Banking Corporation is one of Australia's leading financial institutions, providing an array of banking and financial services. Established in 1817, it stands as one of the country's 'Big Four...

Westpac Banking Waste Data Preview

In 2024, Westpac Banking conducted an environmental assessment and disclosed corporate waste management data in accordance with recognized sustainability reporting standards. The company provided a breakdown of its waste by treatment method (recovery vs disposal), enabling greater transparency into its waste handling and environmental practices.

Metric (tonnes)2024202320222021 - 2017
Total Waste Generated
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Total Waste Recovered
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Total Hazardous Waste Generated
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Non-Hazardous Waste Disposed
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This table provides a simplified preview of selected waste data points. To access the complete dataset with full disclosures and structure, create a free account to purchase the full dataset.

Insights into Westpac Banking's Waste Treatment Practices

In 2024, Westpac Banking generated a total of 2,104 metric tonnes of waste.

Of this amount, 70.96% of Westpac Banking's total waste generated was recovered through methods such as recycling, reuse, or composting, while 29.04% was disposed of through landfilling, incineration, or combustion.

Westpac Banking's Waste Recovery Rate

71%

How much of Westpac Banking's waste is recycled or recovered?

In 2024, Westpac Banking reported a total waste generation of 2,104 metric tonnes, of which 70.96% was recovered through recycling, reuse, or composting. This moderate level of recovery indicates that Westpac Banking is taking steps toward improving its waste diversion practices, though there is still room to enhance recycling and recovery efforts.

Has Westpac Banking reduced its environmental waste footprint over time?

Since 2020, Westpac Banking's total waste generation decreased by 49.69%, including a further 10.66% drop in 2024, highlighting a consistent and deliberate reduction in waste production over time.

Over the same period, Westpac Banking's waste recovery rate declined by 5.7%, yet improved by 3.35% in 2024, pointing to a recent rebound or renewed focus on better waste treatment outcomes.

Overall, Westpac Banking’s waste generation and recovery data show a mixed and inconsistent trend. A deeper analysis of the company's activities, industry benchmarks, and operational changes is needed to assess its sustainability performance more precisely.

Westpac Banking’s Waste Recovery vs. Disposal Over Time

2020202120222023202401.5 k3 k4.5 k6 ktonnes
  • Total Waste Disposed
  • Total Waste Recovered
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