Company Profiles
Portfolio 21 Holdings
- Abengoa
- Acciona
- Accor
- Adobe
- Agilent
- Air Liquide
- Air Products and Chemicals
- Applied Materials
- Atlas Copco
- Autodesk
- Aviva
- Baxter International
- Bristol-Myers Squibb
- British Land Company
- British Sky Broadcasting
- BT Group
- Canadian Pacific Railway
- Canon
- Carrefour
- Dell
- Denso
- Deutsche Bank
- Deutsche Post
- Dexia
- East Japan Railway
- Eaton
- Echelon
- EDF Energies Nouvelles
- Electrolux
- Ericsson
- Friends Provident
- Fuel Tech
- Gushan Environmental
- H. Lundbeck
- Henkel
- Hennes & Mauritz (H&M)
- Herman Miller
- Hewlett-Packard
- HSBC
- Husqvarna
- Hyflux
- Iberdrola Renovables
- IBM
- Intel
- Interface
- JM
- Johnson Controls
- Kao
- Kingfisher
- Kurita
- Linde
- Marks & Spencer
- Matsushita
- Mitsubishi Electric
- Mitsui O.S.K. Lines
- MTR
- Munich Re
- Nine Dragons
- National Express
- National Grid
- Natura Cosmeticos
- Netapp
- Nike
- Nokia
- Novartis
- Novo Nordisk
- Novozymes
- Olympus
- Ormat
- Philips Electronics
- Potlatch
- Praxair
- Prologis
- Red Electrica
- Reed Elsevier
- Royal Bank of Canada
- Schneider Electric
- Schnitzer Steel
- Severn Trent
- Sharp
- Shimano
- Siemens
- Skanska
- SKF
- Sompo Japan Insurance
- Sonoco
- Sony
- Staples
- STMicroelectronics
- Stora Enso
- Storebrand
- SunPower
- Suntech Power
- Svenska Cellulosa (SCA)
- Swedbank
- Swiss Re
- Swisscom
- Tandberg
- Teijin
- Telstra
- Telefonica
- TNT
- Tomra Systems
- Trex Company
- Trustpower
- UBS
- Umicore
- Unicredito Italiano
- United Natural Foods
- Verbund
- Vestas Wind Systems
- VMware
- Volvo Group
- Westpac Banking Corporation
- Whole Foods Market
- Xerox
Westpac Banking Corporation
Australia
Based in Australia, Westpac offers a variety of banking and financial services, including socially and environmentally screened investments. Westpac applies environmental screening to its lending process, and adheres to the Equator Principles in its project finance activities. Westpac's EcoNomical Living Program gives home loan customers discounts on a range of environmental products, including solar hot water heaters, insulation, solar electricity, rainwater tanks, green electricity, composting, and recycling products. Westpac describes climate change as "a juggernaut that cuts a swathe across public policy, law, business risk—and indeed our quality of life." The company encourages the development of renewable energy sources via trading in renewable energy certificates and providing financing to new projects. To address its direct impact, Westpac is converting its vehicle fleet to LPG fuel (to lower CO2 and other polluting emissions), and has been relamping its corporate buildings and investing in energy-efficient cooling systems to reduce its energy use. The company has cut its CO2 emissions almost in half since 1996, and it purchases renewable energy for some of its operations. The company now offers environmentally friendly e-statements and is estimating savings of $4 million in printing and postage over a four-year period. Westpac believes that sustainable business practices deliver better outcomes and are good for the company's competitive and financial position. While Westpac provides some unique metrics in its reporting, Portfolio 21 has asked the company to provide greater transparency regarding how it defines "High Social Benefit" and "High Environmental Benefit" investment and financing activities.
To the best of our knowledge the above information is accurate and was obtained from sources we believe to be reliable. Neither the information presented above nor any opinion expressed shall be construed as an offer to sell or a solicitation to buy the security. The views expressed are those of portfolio management as of 12/30/07 and may not reflect current opinions or subsequent events.