Sustainable development is one of the indispensable strategies of any corporations in the world, which mainly consolidate their visual image of the company in the market. When mentioning about sustainability, it is not deniable that Westpac is placed at the top which has a good performance and increasingly expand strategies toward community and environment. In fact, Westpac, CAB and NAB are not only the largest retail bank, but also the biggest investors exploiting coal accordance with renewable energy. Figure 2: The investment on exploiting coal accordance with renewable energy of Westpac, CAB and NAB
Source: greenpace.org
Given are three pie charts providing a compare of number of coal investment and renewable energy (Figure 2), CAB has the largest total coal investment ($1586 million), the next following is Westpac ($1024 million) and NAB have the least total coal investment ($1015 million). By contrast, in term of renewable energy, Westpac rank at the first position. One possible for this issue is that Westpac is very interested in environmental issues. Regarding to the report, Westpac has specific targets in sustainable development with …show more content…
There are many reasons which contribute for Westpac to become the top of the list of the world’s most sustainable company. Obviously, Westpac makes effort in order to gain precious achievement as milestone in each period, in particular, significant contribution for community, environment or expansion strategies to raise financial performance in competitive market. During the development period, Westpac build strong reputation and increasingly strengthen its position not only in Australia but also in the world. In fact, there are many noticeable accomplishments that Westpac helps society and improves environment situation, particularly including some outstanding
Source: greenpace.org
Given are three pie charts providing a compare of number of coal investment and renewable energy (Figure 2), CAB has the largest total coal investment ($1586 million), the next following is Westpac ($1024 million) and NAB have the least total coal investment ($1015 million). By contrast, in term of renewable energy, Westpac rank at the first position. One possible for this issue is that Westpac is very interested in environmental issues. Regarding to the report, Westpac has specific targets in sustainable development with …show more content…
There are many reasons which contribute for Westpac to become the top of the list of the world’s most sustainable company. Obviously, Westpac makes effort in order to gain precious achievement as milestone in each period, in particular, significant contribution for community, environment or expansion strategies to raise financial performance in competitive market. During the development period, Westpac build strong reputation and increasingly strengthen its position not only in Australia but also in the world. In fact, there are many noticeable accomplishments that Westpac helps society and improves environment situation, particularly including some outstanding