Bank of New Zealand 2023 Sustainability Report
Company: Bank of New Zealand
Sector: Finance & insurance
Country: New Zealand
Year: 2023
Type: Sustainability Report
Pages: 57
The report highlights BNZ's $2 billion in sustainable finance in FY23 and $4.8 billion delivered to date against its $10 billion 2025 target. It reports a 48% reduction in operational emissions from the 2019 baseline and 97% renewable purchased electricity. The people agenda includes 42% women in senior leadership and 9.3% Māori staff representation. It also describes a $1 billion Business Recovery and Resilience Fund supporting businesses affected by the North Island floods and Cyclone Gabrielle.
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