WesBank
This brand is rated based on FirstRand
Your bank is climate responsible.
WesBank is a division of FirstRand Bank Ltd and consequently has the same rating as FirstRand. This is because FirstRand can freely transfer and use WesBank's cash.
How Bank.Green rates institutions
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FirstRand is playing its part in the clean energy transition. It now funds more renewable energy than fossil fuels, and fossil fuel lending accounted for only 1.5% of total lending at June 30, 2024.
It has a policy stating it will not finance new coal-fired power stations. We'd like to see this policy cover all extraction and processing of coal, oil & gas. And we'd like it to accelerate the rate of transition.
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