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Kirsten Wick12 July 2024

Westpac Smarts - Financing sustainability goals

Our business community gained invaluable insights on 'Financing Your Sustainability
Goals' through the latest instalment of the Westpac Smarts Series on Thursday, 4 July. Our lineup of speakers each brought a unique perspective to how businesses can drive their
sustainability initiatives.

The key takeaways from our Westpac Smarts session:
  • Callum Rae of Ecoglo International highlighted the importance of integrating
    sustainability into business models, engaging the whole team in its development
    to ensure organisational buy-in and implementation.
  • Michael Toothill from Kilmarnock Enterprises shared his experience in
    transforming business operations to be more sustainable, particularly through
    waste diversion. They keep people at the centre of decision-making, while
    maintaining profitability.
  • Gareth Young, from Westpac, spoke of Westpac's own commitment to
    sustainability, and their range of financial products to support customers in
    making sustainable choices, that can be suited to their state or size, or where
    they are on their sustainability journey.
  • Sustainability can be tackled differently depending on each business. As a
    critical first step think about what you want to achieve, and how you can
    measure towards that goal.
  • Having a handle on your environmental impact and integrating sustainability
    targets into your business is important for your supply chain, particularly as
    many overseas countries have mandatory climate and ESG reporting
    requirements.
  • Strong partnerships between businesses, local stakeholders, and the
    community are central to gaining expertise, and the successful implementation
    of sustainable practices.
  • Authenticity is key. Sustainability cannot be the sole selling point - it must be

coupled with the other aspects of the value proposition of your products or
services.

For those who missed the event or wish to learn more:

> Our Developing your Sustainability Roadmap series starts on 25 July. Join Jono from DETA for practical guidance to turn your sustainability goals into action.

> Check out our free Sustainability as an opportunity e-learning series to hear more smart ways that local Canterbury businesses are integrating sustainability for business growth.

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Kirsten Wick

As a Communications and Media Specialist at Business Canterbury, I believe that championing our local business community has never been so important. Is your business doing something new, innovative, award-winning? Email me so I can help to share your story.

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