Western Australian Government’s Sustainability Initiatives
The Western Australian Government is committed to achieving the Paris Agreement objective of net zero emissions by 2050 and recognises the importance of contributing to Australia’s pursuit of the objectives of the United Nations Sustainable Development Goals (SDG).ESG Information Pack Series
To further complement the Western Australian Government’s Environmental, Social and Governance (ESG) Information Pack that was launched by the Premier in November 2021, an additional update has been prepared on key ESG initiatives progressed by the Western Australian Government over the last year, including through the 2023-24 State Budget.
Image - Whales swimming at Dolphin Cove, Esperance. Image courtesy of Tourism Western Australia.
To complement the ESG Information Pack that was launched by the Premier in November 2021, an update has been prepared on key ESG initiatives progressed by the Western Australian Government since its release, including through the 2022-23 State Budget.
Image - Trail Network, near Collie. Image courtesy of Tourism Western Australia.
WATC, in partnership with the Departments of the Premier and Cabinet, Water and Environmental Regulation, and Treasury, have coordinated a government working group to prepare an information pack for investors in Western Australian Government bonds. The Information Pack articulates the State Government’s environmental, social and governance (ESG) credentials. Feedback and queries on the ESG Information Pack are encouraged through esg@watc.wa.gov.au.
Image: Black swans on the Swan River. By Tom Proudfoot.
Other ESG Releases
05 December 2023WATC Green Bond wins KangaNews Sustainability Bond Deal of the Year
Every year KangaNews, a specialised information service covering the Australian and New Zealand debt markets, awards the year's most outstanding institutions and deals.
14 June 2023Western Australia issues inaugural $1.9 billion green bond
Treasurer Rita Saffioti has announced the successful launch of the State's inaugural green bond - raising $1.9 billion for eligible government projects that deliver environmental outcomes.
14 June 2022Media Statement: State Government Emissions Interim Target
Western Australia has committed to a whole-of-government 2030 greenhouse gas emissions reduction target of 80% below 2020 levels.
Learn more about a selection of Western Australian Government initiatives currently in progress.
Third Party ESG Ratings
Western Australia's ESG profile is independently reviewed by third parties which WATC seeks to understand and monitor. The ratings below may not be an exhaustive list of all ESG ratings available.
MSCI ESG RatingDisclaimerAs of June 2022, the State of Western Australia received an MSCI ESG Rating of AA, Outlook Neutral.
Moody's ESG RatingMore Ratings InformationMoody’s Investor Service publishes an ESG Credit Impact Score for the State of Western Australia, derived from ESG Issuer Profile Scores for the three pillars of Environment, Social and Governance – each derived from assessing a range of relevant contributing factors.
Banner image below - The Bungle Bungle Range. Image courtesy of Tourism Western Australia.
Sustainability Bond Framework Annual Report
This release demonstrates our commitment to reporting transparency and supports the WA Government’s sustainability strategy.