A MULTI-FAITH NETWORK
COMMITTED TO ACTION
ON CLIMATE CHANGE

Westpac AGM - Sydney

Come and peacefully form a presence outside Westpac's AGM as people go in to the meeting.

Westpac has publicly endorsed the Paris Agreement and pledged to transition their lending to align with its goals and achieve net zero emissions by 2050. Yet Market Forces’ analysis finds that Westpac has contributed $7.9 billion to the world's biggest fossil fuel companies since 2016. Furthermore, since 2024 the ANZ and Westpac are funding a new wave of fossil fuel expansion while the Commonwealth Bank and NAB have taken a more ethical turn and denied finance for coal, oil and gas.

In May 2025, Westpac released a new climate plan which was a massive backpedal. Formerly, Westpac had a clear requirement for oil and gas clients to produce a 1.5°C-aligned transition plan by October 2025 in order to keep receiving finance, which meant they couldn’t be developing new or expanded fossil fuel projects such as those of Santos and Woodside.

Abandoning its science-aligned stance, Westpac now has a vague, watered-down framework which means it can continue to finance companies expanding coal, oil and gas at its discretion.

Here are links to the RSVP page

and Facebook event page.

WHEN
December 11, 2025 at 9:00am - 10am
WHERE
The Wesley Conference Centre
220 Pitt St
Sydney, NSW 2000
Australia