Sustainable Finance Program

Our structure to finance Western Australia’s internationally recognised environmental, social and governance (ESG) initiatives.


As the State’s central financial services provider, Western Australian Treasury Corporation (WATC) plays a key role in financing the Western Australian Government through the issuance of debt securities in capital markets. WATC also enables the Western Australian Government to finance internationally recognised ESG initiatives through its Sustainability Bond Framework (Framework).

The Framework has been structured in accordance with the International Capital Market Association’s Green and Social Bond Principles and Sustainability Bond Guidelines. Under this Framework, WATC has the ability to issue green, social or sustainability bonds to support the Western Australian Government’s commitment to the Paris Agreement, reaching net-zero greenhouse gas emissions by 2050, and progressing the objectives of the United Nations Sustainable Development Goals.

For more information on the Western Australian Government's broad range of ESG policies and initiatives view WA's ESG Commitment.

Subject to market conditions, WATC's inaugural issuance under the Framework is expected before 30 June 2023. For more information email or subscribe to our Quarterly Newsletter.

Banner images:
- Whales at Dolphin Cove, Esperance. Image courtesy of Tourism Western Australia.
Below - The Basin, Rottnest Island. Image courtesy of Tourism Western Australia.