26 September 2023

Investigation pack a first for investors

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The Department of Treasury has developed the State’s first environment, social and governance (ESG) information pack for investors considering Western Australia as an investment destination.

The pack has been developed primarily to inform investors in Government debt securities of key policy commitments and actions currently in progress that are addressing the key environmental and social challenges facing the State.

Announcing the ESG pack, Premier, Mark McGowan said it demonstrated how well placed the State was through a combination of its economic strength, Government leadership and comparative advantage in natural resources — as well as its commitment to net zero emissions by 2050.

“It also highlights how our State is tackling other important environmental issues, such as waste recycling and pollution control, and leading by example in areas such as water management and biodiversity conservation to address climate change, help industry grow and create sustainable jobs,” Mr McGowan said.

“From a social perspective, WA continues to build on our strong foundations in health and education, while ensuring those requiring assistance are best supported to reach their potential,” he said.

The Premier said there was also a strong focus on providing increased opportunities for Aboriginal people, greater recognition of cultural heritage and striving to reduce inequalities through policy and program implementation.

“Not only is this the first-ever ESG information pack for Western Australia, it is also the most comprehensive ESG information pack of the States and Territories,” Mr McGowan said.

The 92-page booklet supporting the pack can be accessed at this PS News link.

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