Carbon

Westpac Institutional Bank plays a critical role in carbon trading and carbon market finance in Australasia.

We are the first and only institution making a market under the New Zealand Emissions Trading Scheme (NZETS) and were voted 'Best Trading company - Australasian Markets', at the 12th Annual Environmental Finance and Carbon Finance Market Survey. 

Westpac was also awarded the 2012 Sunday Star Times Socially Responsible Bank award.

Next Steps

Contact Ben Coleman on

+64 9 363 1288

Market-making for New Zealand carbon units (NZUs)

We all want better environmental outcomes. Here’s what we do to help.

By market-making for New Zealand Carbon units (NZUs),we help New Zealand to meet its emission reduction targets at the lowest possible cost. Because we make the market, there’s better liquidity of NZUs and more price transparency – so we are reducing costs for buyers and sellers across the market.

Westpac Institutional Bank offers:

A full range of trading solutions across the New Zealand, Australia and European carbon markets, including:

  • Spot
  • Forward
  • Derivative and structured contracts for NZ
  • Australian Emission Units (AEUs) 
  • European Union Allowances (EUAs)
  • Certified Emissions Reductions (CERs) 
  • Emission Reduction Units, in a broad range of currencies.

Products and services offered by the Financial Markets division of Westpac Institutional Bank are provided by Westpac Banking Corporation, New Zealand Branch.