Governance

Our governance structure helps us to ensure responsible, accountable and transparent operations are maintained from our boardroom to our customer service teams. This approach is aimed at not only benefiting our company, people, and customers, but also broader communities, economies and the environment. 

Who’s involved?

  • Our Sustainable Business Strategy Steering Committee comprises Westpac New Zealand Limited’s Executive Team and our Chief Economist. Combining many years of knowledge and capability, this group makes an invaluable contribution to our Sustainable Business Strategy, with some members also leading specific strategy work streams. 
  • Beneath this are working groups responsible for implementing, managing and developing specific elements of our strategy. 
  • Within All Westpac New Zealand Limited, our employees have a significant role to play in delivering on our commitments. Their closeness to the day-to-day running of our business puts them in a great position to identify any issues, potential risks and help develop innovative solutions. This is why we encourage and enable information sharing between all levels of the business.

Our Sustainability Steering Committee

This committee is made up of Westpac’s CEO, Executive Team and Chief Economist and provides insight and guidance on our sustainability strategy.

External Stakeholder Panel

The panel meets twice a year to provide an external review and critique of our sustainability performance, and contribute its perspective on challenges facing New Zealand today and in the future Panel members include:

  • Sir Mason Durie, KNZM, Ex -Deputy Vice-Chancellor and Assistant Vice-Chancellor – Maori and Pasifika, Massey University.
  • Dr Monique Faleafa, MNZM, Clinical Psychologist and Chief Executive of Le Va New Zealand’s hub for Pasifika wellbeing supporting Pasifika families to reach their full potential.
  • Rob Fenwick, KNZM, businessman and environmentalist. Founder Living Earth Ltd, Chairman Antarctica NZ and The Kiwi Trust. Co founder of NZ Business Council for Sustainable Development, Rob is the 2015 Sir Peter Blake Medalist.
  • Sam Johnson, Chair, Student Volunteer Army Foundation and consultant focused on community resilience.
  • Dr Renee Liang, paediatrician and writer.
  • Nick Main (Panel Chair), accountant, Chair of the Middlemore Foundation for Health Innovation, Deputy Chair NIWA, trustee Sir Peter Blake Trust, past global managing partner sustainability services, global chief ethics officer and global chief sustainability officer for Deloitte.
  • Anne Norman  CNZM, owner of Australasian group of companies including Pascoes the Jewellers, Stewart Dawsons and Goldmark, Farmers, Stevens, Whitcoulls, Prouds and Angus and Coote.
  • Phil O’Reilly, formerly Chief Executive of BusinessNZ, ONZM, is director of public policy advisory firm Iron Duke Partners, Chair of the Board of the Business and Industry Advisory Committee to the OECD and member of the Governing Body of the ILO.
  • Rachel Taulelei, CEO Kono (Maori food and beverage company), Founder CEO, Yellow Brick Road.
  • Lisa Woolley, CEO VisionWest Community Trust, a leading not-for-profit provider of wrap-around social services for New Zealand’s most vulnerable, including housing, training, counselling, food bank and social work support services.

 

 

Westpac sustainability governance structure