Westpac crowned world’s most sustainable company

Speaking from Davos, Switzerland where Prime Minister Tony Abbott will give a speech tonight, Westpac chief Gail Kelly welcomed the global recognition and said the bank had focused on ensuring social, environmental and economic responsibility was key to its culture.

“It is wonderful recognition of the work of our people to help create a sustainable future and deliver long-term value for our customers, employees, shareholders and the community,” Mrs Kelly said.

Westpac was the only Australian company inside the top 10 of the Global 100 most sustainable corporations in the world list, with US pharmaceutical company Biogen Idec ranked second and Finland’s Outotec at third.

Other Australian companies to feature were Westpac’s rivals ANZ and Commonwealth Bank, ranked 19th and 25th respectively, property developer Stockland at 32 and conglomerate Wesfarmers, ranked 92nd. — Full Story at The Australian

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