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  • Risk management

    … its business structure. LGFA is exposed to both business and treasury related risks because of its normal business activities that relate to raising and on-lending funds to local authorities and council-controlled organisations. LGFA adopts the "three …
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  • LGFA Fixed Term Intern Opportunity

    … was enabled under the Local Government Borrowing Act 2011 and was incorporated on 1 December 2011. LGFA is owned by thirty Councils and the Crown and is a Council Controlled Organisation (CCO) operating …
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  • Update on Local Water Done Well and Additional Financing for High Growth Councils

    … 08 August 2024 UPDATE ON LOCAL WATER DONE WELL AND ADDITIONAL FINANCING FOR HIGH GROWTH COUNCILS New Zealand … been working alongside Central Government, the Treasury and Department of Internal Affairs regarding financing … organisations [1] established under Local Water Done Well and look to assist high growth councils with additional …
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  • 2022 Taituarā Local Government Excellence Awards winners

    … 2022 , (the second year that LGFA has sponsored top award, and the eighth year LGFA have supported the Excellence … Association, the five iwi of Far North’s Te Hiku region and the wider community was announced as the Supreme Award … The purpose of the porject is to create employment in, and enhance the vibrancy of, three of New Zealand’s most …
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  • Wellington City Council and Tauranga City Council approved for Climate Action Loans (CALs)

    … its Climate Action Loan Lending Programme for council and council-controlled organisations (CCO) members on 1st December 2022, and is now pleased to announce that Wellington City Council (WCC) and Tauranga City Council (TCC) have been approved as the … Wellington City Council and Tauranga City Council approved for Climate Action Loans …
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  • Sector standard page - content elements

    … result while you create your content. This page lists the standard formatting options that are included in the Sector … You can make text bold , italic , strike through it, and use super script and sub script . Internal links LinkIT provides a sustainable … Sector standard page - content elements …
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  • The United Nations Sustainable Development Goals

    … by 193 countries including New Zealand, comprise 17 goals and 169 targets. As part of our commitment to sustainability, … to finance or refinance, indirectly via councils, projects and assets that deliver positive environmental and social outcomes and align with, and contribute towards …
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  • News: LGFA aims to arrange $1b in debt

    … (LGFA) has been awarded an AA+ credit rating by both Fitch and Standard & Poor’s, on a par with the sovereign rating, and stronger than any of the banks operating in New Zealand. …
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  • LGFA undertakes GSS Loan to Hutt City Council for New Zealand’s first Green Star rated swimming pool

    … up to NZ$41 million for the rebuild of the Naenae Pool and Fitness Centre . The new swimming pool will be 65% bigger than the old pool and will be much more energy efficient with up to 53% … on energy use. Due to open in July 2024, the Naenae Pool and Fitness Centre will have the following sustainability …
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  • Our story

    … government sector in New Zealand were made in the 1980s and 1990s. These attempts ultimately failed, due in part to a lack of strong and unified support from local authorities. At the Jobs … best measured by it's credit ratings.  In September 2011, Standard and Poor’s and Fitch both assigned LGFA a …
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  • Sustainability

    … local government sector in achieving their sustainability and climate change objectives. LGFA will promote sustainability within our company and assist the local government sector in achieving their sustainability and climate change objectives. Promoting environmental and
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  • Sustainability at LGFA

    … local government sector in achieving their sustainability and climate change objectives. LGFA was established with the … primary objective of optimising the debt financing terms and conditions for our member councils. Key to achieving this … while having regard to the interests of the community and by exhibiting a sense of social and environmental …
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  • LGFA Director Appointment

    … company director, board Chair, company executive and professional civil engineer, who has held a number of leadership positions in the transport, infrastructure and energy sectors. She has more than 30 years of experience in the planning, development and implementation of large engineering and technical …
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  • LGFA approve GSS Loan to Tauranga City Council

    … Loan to Tauranga City Council (TCC) under its “Terrestrial and Aquatic Biodiversity Conservation” category. LGFA … The is the first GSS loan under LGFA’s Terrestrial and Aquatic Biodiversity Conservation category, and TCC is borrowing up to $10.3 million to finance the work …
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  • Global Reporting Initiative

    … adopted global standards for sustainability reporting and by meeting the GRI Standards we are providing greater clarity and accountability around our material sustainability issues … that reflect our significant economic, environmental, and social impacts, or that substantively influence the …
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  • LGFA Approves Green and Social Loan to Hawke's Bay Regional Council

    … Agency is pleased to announce it has approved a Green and Social Loan to Hawke’s Bay Regional Council (HBRC) for … Weather Event (NIWE), under the Climate Change Adaptation and Resilience category.  The Hawke’s Bay region was among … Hawke’s Bay region: lives were lost, families displaced, and the primary sector (vital to region’s economy) was …
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  • LGFA launches Climate Action Loans for Councils and CCOs

    … of its Climate Action Loan Lending Programme for council and council-controlled organisation (CCO) members. LGFA … the risks inherent in climate change for both New Zealand and local councils and CCOs and wishes to support New Zealand’s shift to a … LGFA launches Climate Action Loans for Councils and CCOs …
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  • LGFA Draft SOI 2020-2021 and Borrowing Programme Update

    … Act 2002. This is a draft for shareholder consultation and the SOI will be finalised by 30 June 2020. A copy is … year of $2.28 billion (2021/22), $1.85 billion (2022/23) and $1.9 billion (2023/24), however the issuance volume will … including refinancing of existing borrowing by councils and (if applicable) council-controlled organisations, new …
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  • Press Release: LGFA Credit Rating Affirmed by Standard and Poors' at 'AA+/A-1+'

    … LGFA CREDIT RATING AFFIRMED BY STANDARD AND POORS AT 'AA+/A-1+' AND REMOVED FROM UNDER CRITERIA … Press Release: LGFA Credit Rating Affirmed by Standard and Poors' at 'AA+/A-1+' …
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  • Health & Safety

    … LGFA is committed to providing a safe and healthy working environment for all employees. LGFA will … that promotes increasing employee engagement, productivity and enhancing recruitment and retention. The Health and Safety Committee regularly …
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  • LGFA undertakes first GSS Loans to New Zealand Councils

    … Social & Sustainability Lending Programme for council and council controlled organisations (CCO) members on 6 th October 2021, and is now pleased to announce that our inaugural loans have been made. The Wellington City Council (WCC) and the Greater Wellington Regional Council (GWRC) have today …
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  • LGFA Launch Green, Social and Sustainability Lending Programme

    … Social & Sustainability Lending Programme for council and council controlled organisations (CCO) members. LGFA … the risks inherent in climate change for both New Zealand and local Councils and CCOs, and wishes to support New Zealand’s shift to a … LGFA Launch Green, Social and Sustainability Lending Programme …
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  • Paul Anderson

    … Chief Executive Officer of Queenstown-based NZSki Limited and Executive Director of its parent company, Trojan Holdings Limited. NZSki owns and operates Coronet Peak, The Remarkables and Mt Hutt ski areas, catering for more than 700,000 guests …
    Person
  • LGFA’s Carbon Footprint

    … to accurately measure our greenhouse gas (GHG) emissions and put in place strategies to manage and reduce impacts. We are very pleased to report that LGFA … the purchase of high-impact carbon credits from a Gold Standard-certified international project. Toitū Envirocare …
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  • LGFA Announces Sustainable Financing Bond Framework

    … As part of our commitment to assist borrower councils and council-controlled organisations (Borrowers) to fund sustainable assets and activities, and incentivise GHG emissions reductions, LGFA has …
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  • LGFA Announces Sustainable Financing Bond Framework

    … As part of our commitment to assist borrower councils and council-controlled organisations (Borrowers) to fund sustainable assets and activities, and incentivise GHG emissions reductions, LGFA has …
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  • LGFA Cleansing Notice for Offer of 14 April 2022 Bond

    … Conduct Act 2013 ("FMCA"). The main terms of the offer and the Bonds are set out in the attached Series Notice. The Bonds will form part of the same series (and will have identical rights, privileges, limitations and conditions) as LGFA's fixed rate bonds maturing on 14 …
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  • LGFA considers bond offers

    … particular series being considered have the maturity dates and associated NZX ticker codes set out below: a) 15 April 2024, NZX ticker code LGF100; and/or b) 15 April 2026, NZX ticker code LGF120; and/or c) 15 May 2028, NZX ticker code LGF150; and/or d) 15 …
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  • LGFA launches fixed rate bond offers, cancel August tender

    … 29 July 2020 LGFA launches fixed rate bond offers and cancels 13 August 2020 tender New Zealand Local … date of 15 April 2037 (2037 Bonds) to institutional and New Zealand retail investors, with the ability to accept unlimited oversubscriptions at LGFA's discretion; and b) NZ $200 million of an existing series of unsecured, …
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  • LGFA Future Director Appointment

    … Transformation, Content Management, Strategic Risk and Emergency Responsiveness. In his sixteen-year career at … served as Group Manager Corporate, Chief Financial Officer and as a Strategic Financial Advisor. The Future Directors … in corporate governance the opportunity to observe and participate in Boardroom discussions for an 18-month …
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  • David Rae

    … firm, MyFiduciary Ltd, which provides portfolio advice and implementation for institutional investors including charitable trusts and iwi. His background is in economic policy and investing, having worked for the NZ Superannuation Fund …
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  • LGFA Approves GS Loan to Napier City Council for the Maranga and Te Aka green building project

    … Local Government Funding Agency has approved a Green and Social (GS) Loan to Napier City Council for the Maranga and Te Aka green building project, incorporating a library and civic precinct, as well as Council office accommodation. … Approves GS Loan to Napier City Council for the Maranga and Te Aka green building project …
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