Protecting the environment

We continue to track towards our 2020 operational environmental targets. These have been set across a range of areas including our fleet, building energy use, and waste.

Carbon neutral

We were the first bank to become carbon neutral, and have been since September 2010. We offset any emissions we can’t avoid by purchasing carbon offsets^.

Natural capital

Our Natural Capital team work with our agribusiness customers to support positive on-farm environmental change.

Our operations

We’re committed to reducing our operational impacts, and have achieved Toitū Enviromark Gold for our environmental management system.

Sustainable finance

We play a leading role in the New Zealand sustainable finance market, by aligning loans and investments with positive social and environmental impacts^.

Taking care of Aotearoa

Protecting our Kauri forests

Together with the Kauri 2000 Trust, we launched the Kauri Bond initiative. For every Kauri bond issue we arrange, we aim to plant 100 kauri seedlings.

Saving trees by going digital

Eighty-nine percent of transactions are made in Internet Banking or our Mobile Banking app. With more customers using our digital products, we’re using less paper and saving more trees.

Responsible investing

We consider climate and carbon-related risk for all our investment portfolios. Learn more about our approach to responsible investing, or see our Responsible Investment Policy PDF 77KB

Our commitments

We’ve made a number of public commitments to sustainability, and are working hard to deliver on these.

We’re a member of the Climate Leaders Coalition. To learn more about our commitments, read the Climate Change Statement.
We’re a signatory to the Principles of Responsible Investment.
We’re committed to the United Nations Principles of Responsible Banking, the Collective Commitment to Climate Action, and RE100.

Sustainability reporting

We track and publicly report on our sustainability work in partnership with our parent company NAB. See NAB’s annual Sustainability Report.

Working with our suppliers

We prefer to do business with suppliers that hold similar values to us. As part of the NAB Group, we are committed to our Supplier Sustainability Programme, which aims to mitigate sustainability risks and outlines our expectations for suppliers. For more information, read the NAB Group’s Supplier Sustainability Principles PDF 226KB

For information on our policies and expectations of suppliers providing products and/or services to BNZ, read the Purchase order standard terms and conditions PDF 74KB

How can we help?

If you have an idea for how BNZ could do more, or would like to hear more about our work with the community and the environment, please get in touch.

Email us