Overview
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.
Our Sustainability Bond Framework Annual Report, released after the Framework, demonstrates our commitment to reporting transparency and supports the WA Government’s sustainability strategy.
For more information on the Western Australian Government's broad range of ESG policies and initiatives view WA's ESG Commitment.
Decarbonising Western Australia
- Decarbonising Western Australia and Our Trading PartnersDownload PDF
Decarbonising Western Australia and Our Trading Partners is a new investor focused publication providing holistic insight on how the Western Australian Government and industry are mobilising and engaging capital markets to transition the State and its trading partners towards a net-zero future.Image - Deception Range Kimberley Rock, The Kimberley. Image courtesy of Tourism Western Australia.
- Webinar on New Decarbonisation PublicationView Webinar
The release of the decarbonisation publication was supported by a global webinar series where WATC’s CEO outlined the key motivators driving its development, providing participants a unique opportunity to learn more about the State’s decarbonisation initiatives and engage with WATC to support the planning of its next sustainable bond issuance.
Key Documents
Item | Document Link |
Decarbonising Western Australia | Decarbonising Western Australia and Our Trading Partners, September 2024 |
Annual Report | WATC Sustainability Bond Framework Annual Report, December 2023 |
Assurance Report | Sustainalytics Assurance Report, November 2023 |
Framework | WATC Sustainability Bond Framework, April 2023 |
Second Party Opinion | Sustainalytics Second Party Opinion, April 2023 |
Investor Presentation | Investor Information Pack for Green Bond, May 2023 |
Termsheet | WATC Green Bond 2033 Investor Term Sheet |
External Listing
Projects within WATC’s green bond have met the screening criteria for inclusion on the Climate Bonds Initiative Green Bond Database and the ICMA Sustainable Bond Market Database.
For more information email esg@watc.wa.gov.au or subscribe to our Quarterly Newsletter.
Banner images:
Top - Whales at Dolphin Cove, Esperance. Image courtesy of Tourism Western Australia.
Below - The Basin, Rottnest Island. Image courtesy of Tourism Western Australia.
For more information
If you have a query about our Sustainable Finance Program, contact our team today.