Westpac is fuelling climate chaos
Westpac has loaned $7,672,740,787 USD to fossil fuel companies since 2016.
Although they talk big about their sustainability commitments, they continue to lend to massive fossil fuel companies like Woodside, Santos and Whitehaven who are recklessly expanding fossil fuel fields while our communities suffer from increasing extreme weather events.
How much does Westpac lend to oil and gas?
Westpac has invested a total of $7,672 million USD in fossil fuels since 2016, according to the Banking on Climate Chaos report. These are their top 10 biggest fossil fuel customers:
* This data comes from the Banking on Climate Chaos report by Rainforest Action Network
What can Westpac do?
Rule out all new oil and gas investments
Divest from existing oil and gas investments by 2030
Invest in the rapid transition to renewable energy