This report analyzes the environmental and social impacts of Westpac Group operations and compares it with other companies in the same sector as per GRI. It also discusses the key challenges faced by the company in adopting GRI framework and benefits to potential investors, current shareholders, and stakeholders of the firm. Additionally, it includes a strategic initiative of Jerry Pty Limited to include the range of T-shirts for men in the retailing store with cost analysis, balanced scorecard, breakeven analysis, and impact of the strategic initiative.