LGFA seeks to continuously improve sustainability outcomes within the company as well as assisting the 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 objective is that we conduct our affairs in accordance with sound business practice, while having regard to the interests of the community and by exhibiting a sense of social and environmental responsibility, as well as being a good employer.
One of LGFA’s foundation objectives is to
Exhibit a sense of social and environmental responsibility by having regard to the interests of the community in which it operates and by endeavouring to accommodate or encourage these when able to do so.
Which drives one of our five strategic priorities:
Environmental and social responsibility
LGFA recognises the risks inherent in climate change for councils and supports New Zealand’s shift to a low-carbon economy. LGFA will exhibit a sense of social and environmental responsibility by having regard to the interests of the community in which it operates and by endeavouring to accommodate or encourage these when able to do so.
We have incorporated our environmental and social responsibility priority into our Statement of Intent through the following objective:
Improve sustainability outcomes within LGFA and assist the local government sector in achieving their sustainability and climate change objectives.
Long-term relationships with LGFA stakeholders, a low-risk appetite and cost consciousness are the cornerstones of LGFA’s culture, which lay the foundation for our business to be conducted in a responsible and sustainable manner.