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ASB head of rural banking Aidan Gent is encouraging farmers to speak to their banks when they are struggling.
The country’s largest family owned and single-site kiwifruit and avocado post-harvest service provider has signed up to a sustainability linked loan (SLL) with ASB.
Trevelyan’s has taken on a SLL, which requires it to commit to key environmental, social and/or governance (ESG) targets, with borrowing costs adjusted based on its performance against these targets.
The company says it has committed to three key areas of focus – reductions in both waste and carbon emissions and improved wellness metrics for its workforce.
Managing director James Trevelyan says the focus on waste, carbon emissions and wellness feeds back to Trevelyan’s sustainability framework of three key pillars – to work smart, tread lightly and treat their people with respect. “We are fully aware that sustainable practices are a longterm investment and will drive ethical and financial value for our business, our people and the planet. We are delighted to partner with ASB with this shared vision.”
He says one of the company’s goals is to reduce its waste to landfill by 10% per year, with a further intention of sending zero waste to landfill by 2030.
ASB head of sustainable finance James Paterson says it’s encouraging to see businesses increasingly focused on sustainability.
“The work from Trevelyan’s with this new SLL is a credit to them and their desire to grow a better future and tread lightly as they do so. We are proud to help bring this to life.”
Patterson says ASB is progressing well on its mission to support industry transition. The bank has a cumulative sustainable lending target of $6.5 billion by 2030 for green, social and sustainability- linked lending across the rural, property, corporate and business sectors – with around $810 million committed to date.
New Zealand dairy processors are welcoming the Government’s commitment to continuing to push for Canada to honour its trade commitments.
An educational programme, set up by Beef + Land New Zealand, to connect farmers virtually with primary and intermediate school students has reported the successful completion of its second year.
The Food and Agriculture Organisation of the United Nations (FAO) has welcomed a resolution adopted by the United Nations (UN) General Assembly to declare 2026 International Year of the Woman Farmer.
Waikato herd health veterinarian Katrina Roberts is the 2024 Fonterra Dairy Woman of the Year.
Trade Minister Todd McClay says New Zealand has no intention of backing down in a trade dispute with Canada over dairy products.
Horticulture NZ chief executive Nadine Tunley will step down in August.
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