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Sustainability in business.
It’s easy to get started with sustainability to help support your community, the planet and your business.
What is sustainability?
Sustainability is about care: Caring for our environment, our communities and our future: Manaaki te ao and manaaki te tāngata.
Ki te kotahi te kākaho ka whati, ki te kāpuia, e kore e whati - When we stand alone we are vulnerable but together we are unbreakable.
Why does it matter?
As well as doing right by the environment and the community, it makes great business sense to be a sustainable business.
Making sustainability a priority in your business tells your staff, customers and suppliers that you’re committed to playing a role in Aotearoa having a better future. This can help to build great teams, connect with consumers, reduce operating costs and support the community.
Integrating sustainability into your business can also provide cost savings, reduce risk, and build your company’s brand.
Sustainable lending solutions for corporate and agribusiness customers.
Our Sustainable Business Loan supports our Corporate and Agribusiness customers to fund sustainable assets and activities for their businesses and become more resilient to adverse weather events arising from the impacts of climate change.
Our new Sustainable Farm Loan supports our Agribusiness customers to accelerate sustainability practices on their farms and build sustainable and resilient farming businesses.
For our larger business customers.
We provide tailored sustainable loans and bonds for our larger institutional and corporate customers including:
Sustainability Linked-Loans
Sustainability-Linked Loans incentivise our customers to achieve ambitious sustainability targets that are relevant and important for the sector they are in. The Sustainability-Linked Loan links our customers’ interest costs to their annual performance of those sustainability targets.
Sustainable Loans
Sustainable proceeds based loans support our customers to fund sustainable assets and activities for their businesses.
Sustainable Bonds
Sustainable proceeds based bonds enable our customers to borrow money from investors to fund sustainable assets and activities for their businesses.
Find out more:
If you’re a large business committed to investing in sustainability and achieving ambitious sustainability goals, contact Westpac’s Sustainable Finance team to discuss how we can help you achieve your sustainability goals and build a more sustainable future: email sustainablefinance@westpac.co.nz
Tools and resources for businesses from other organisations.
Sustainable Business Network - The benefits of a more sustainable business
Read the Sustainable Business Network’s report on the benefits of a more sustainable business and access more of their tools and resources.
business.govt.nz - How to be environmentally sustainable
Find out how to use resources wisely, reduce waste and save money while making your business more environmentally sustainable. This article has some great tips on how to start your sustainability journey.
Take action to measure and reduce carbon emissions from your business. using the Climate Action Toolbox.
Sustainable Business Network - How can my business go circular?
Head to Sustainable Business Network to learn what a circular economy approach for your business.
Sustainable Business Council - Guidance and toolkits
Sustainable Business Council’s guides and toolkits cover various topics to help your business consider how to manage its impact. Head here for more information and guides from the Sustainable Business Council.
Chapter Zero – New Zealand board toolkit
The Chapter Zero New Zealand Board Toolkit provides directors with a simple yet practical framework to make sure the climate challenge is being effectively addressed at the board table.
Gen Less – switching to a low-carbon future
Gen Less advises that low carbon businesses are “productive, cost-effective and consumer-friendly”.
Gen Less, supported by the Energy Efficiency and Conservation Authority, help businesses shift to a sustainable future by focussing their tools and resources on ways to lower carbon emissions. Gen Less also provides guidance on how to create a climate action plan.
Things you should know.
Eligibility criteria and lending criteria, terms and conditions apply. See the product pages linked above for other requirements.
Business Lending products are only available for business and/or investment purposes and not for personal, domestic or household purposes. An establishment fee may apply to Business Lending products.
The material on this webpage is provided for information purposes only and is not a recommendation or opinion.
The material on this webpage does not take your particular financial situation or goals into account. We recommend you seek independent legal, financial and/or tax advice.
Links to other sites are provided as information only and Westpac accepts no responsibility for the availability or content of any third-party websites linked on this page.