Westpac raises nature risk with deforestation backdown
By API User
Westpac’s annual results, released today, reveal the bank has weakened its approach to deforestation. The bank’s deadline for achieving its earlier no deforestation commitment was looming. The Australian Conservation Foundation welcomed Westpac’s 2023 announcement that it would be the first Australian bank to set a no deforestation commitment for beef, sheep and dairy. But the … Continued