As addressing environmental and societal issues continues to grow in importance both locally and internationally – with consumer behaviour becoming more intrinsically linked to ethical considerations – a need for a more measurable and criteria-led business framework has emerged. Environmental, social and governance or ESG is that framework.
Sustainability has always been at the heart of our business. As the State’s central financial services provider we deliver financial solutions for the benefit of the Western Australian government sector. Building a secure and reliable business that meets the needs of our stakeholders has always been our focus.
Kaylene Gulich Chief Executive Officer, Western Australian Treasury Corporation
Government Working Group
Since 2021, WATC has coordinated a working group of 24 government entities to consolidate information on the State’s current and planned ESG-related polices and initiatives in progress. This work helps inform existing and prospective investors of the State's ESG profile, now and into the future, to aid their investment decisions in an increasingly ESG-conscious environment.
Continued Coordination and Development
Investor Interest in Sustainable Investment
Our investors recognise the importance of environmental, social and governance (ESG) factors in assessing risks and value as part of their investment considerations. They are very much focussed on the State’s ESG credentials and commitment to the Paris agreement objective to achieve net zero greenhouse gas emissions by 2050.
At WATC, we have released a Sustainability Bond Framework to finance client initiatives that meet internationally recognised ESG standards. The framework complements the Western Australian Government’s ongoing efforts to improve ESG outcomes for the State and progress global objectives and the United Nations Sustainable Development Goals.
Good Governance
As a Western Australian State Government entity managing the State’s financial assets and liabilities, we have a strong internal and external governance framework. Our external governance framework is embedded in legislation, including Ministerial and Parliamentary oversight, and outlines our key functions and activities we can legally perform. Internally we have a Board-approved risk management and compliance framework that, together with our corporate governance and organisational systems and processes ensures good governance.
Our Commitment to Wellbeing, Diversity and Inclusion
Our staff Code of Conduct requires all employees to act professionally, courteously and honestly, and to treat others with respect. Building on these positive practices, we are committed to fostering a workplace that supports employee wellbeing, values diversity and promotes inclusion.
Through a range of initiatives, we strengthen connection, encourage inclusive behaviours and support the health and wellbeing of our people.
Wellbeing, Diversity and Inclusion Series
23 September 2026Building Financial Knowledge Through Super
A GESB information session gave WATC staff practical insights into superannuation, investment principles and planning for their financial future.
11 September 2026Volunteering with Good Sammy
WATC staff supported Good Sammy’s donation and recycling activities while learning about its contribution to inclusion, employment and sustainability.
10 September 2026Connecting Through R U OK? Day
R U OK? Day encouraged WATC staff to connect through meaningful conversations, shared refreshments and messages of appreciation.
02 September 2026Supporting Staff Wellbeing Through Health Checks
WATC staff accessed free in-office health checks, gaining valuable insights and practical guidance to support their health and wellbeing.
23 June 2026A Lunch-and-Learn for International Day of Families
A lunch-and-learn led by CEO Kaylene Gulich encouraged staff to reflect on changing family trends and their impact on society, the economy and future workplaces.
19 May 2026Hands-On First Aid Training for WATC Staff
WATC staff strengthened their First Aid and CPR knowledge through hands-on training, building confidence and practical skills to respond in emergency situations.
18 March 2026Multicultural Feasting for Harmony Week 2026
Harmony Week brought WATC staff together to celebrate cultural diversity, connection and inclusion through a shared feast of food and traditions.
08 March 2026Menopause Awareness for International Women’s Day 2026
As part of our IWD celebrations this year, we partnered with Menopause Friendly Australia to help our colleagues feel more comfortable discussing this important yet overlooked topic.
04 February 2026A Double Dose of Volunteering at Local Charity Dismantle
Much to the delight of teams around our organisation, we continued our proud tradition of supporting this local not-for-profit with two volunteering sessions held in December 2025 and February 2026.
13 November 2025DEI in Focus at IPAA’s Women in Public Service Event
WATC was well positioned to discuss diversity, equity and inclusion at IPAA WA’s Women in Public Service Leadership Conference.
23 April 2025Team Building the Focus for Harmony Week 2025
We embraced Harmony Week through a range of activities, encouraging teamwork, innovation and creativity, while providing opportunities for staff to connect.
07 March 2025A Roundtable Discussion for International Women's Day 2025
Facilitated discussions covering topics from the importance of diverse perspectives, embracing a changing landscape and the benefits of flexibility for all.
13 December 2024Kicking Off Workplace Volunteering at Dismantle
We kicked off the newly added volunteering component of our health and wellbeing program with a day of sorting and tidying at local not-for-profit Dismantle.
16 November 2024Embracing International Day of Tolerance 2024
As part of our ongoing commitment to Diversity and Inclusion we acknowledged and celebrated the International Day for Tolerance in November.
10 April 2024Joining Forces to Celebrate International Women's Day 2024
This year, we joined forces with other government entities to explore pathways to greater economic inclusion for women and girls everywhere.
10 April 2024Honouring Cultural Diversity During Harmony Week
How's your general knowledge? During March at WATC, collective brains were tested in our World Quiz as part of Harmony Week.
21 September 2023Challenging Unconscious Bias with Diversity Australia
Our journey towards workplace diversity and inclusivity continued with team members attending unconscious bias training during the month of June.
18 July 2023Living with Disability Presentation for Staff
During April, Clint Morgan from Rebound WA spoke to the WATC team about his lived experience with disability, the impact to his life and career and what the community can do to support Western Australians living with a physical disability.
18 July 2023Acknowledge This! A Team Workshop.
While cultural acknowledgements become more prevalent, their significance and origins are not always as widely known. During May, the WATC team deepened their understanding of Indigenous culture, with an Acknowledgement of Country awareness workshop.
Banner images:
Top - Wildflowers at Kings Park and Botanical Garden with Perth city in background. Image courtesy of Tourism Western Australia.
Above - All article images of nature courtesy of Tourism Western Australia.
Below - Ningaloo Reef, Coral Bay. Image courtesy of Tourism Western Australia.
Sustainable Bond Program Allocation and Impact Report
This release provides an update on the allocation of green bond proceeds raised to the end of March 2026 and the outcomes being delivered across Western Australia.