Annual Report 2023

Release of Sustainability Bond Framework and Green Bond
Following the release of the Sustainability Bond Framework in May, WATC successfully issued its first green bond. This raised $1.9 billion, generating over $6 billion in bids from more than 60 domestic and international investors.

_{Image courtesy of Tourism Western Australia.}

Delivery of Financially Sustainable Local Government Lending Solution
We collaborated with our local government clients to effectively incorporate changes to our lending policy for local governments, ultimately providing more financially sustainable, long-term lending solutions for the local government sector.

_{Image courtesy of City of Canning.}

Ongoing Client Education and Development
We continued to develop client knowledge and understanding through a varied educational program that included economic presentations, foreign exchange seminars and industry forums.

_{Image courtesy of Mladen Zaneta.}

High Levels of Client Satisfaction Reported Across Client Surveys
Clients expressed 100% satisfaction in relation to WATC’s high-quality, cost-effective solutions after responding to an independent survey and providing direct feedback.

_{Image courtesy of Town of Port Hedland.}

Appointment to Infrastructure WA Panel
WATC’s Advisory Services was selected from a pool of financial and engineering consultants from around Australia to join the Infrastructure WA Panel, recognising the broad skills and collective experience of the team.

_{Image courtesy of Fremantle Ports.}

Programs and Initiatives to Enhance Working at WATC
To support and develop work culture at WATC, our HR team enhanced its approach to reward and recognition, implemented a calendar of wellbeing initiatives and delivered a Diversity and Inclusion program with a series of events.