The bank wins for demonstrating strong business commitment to driving sustainable change
ASB’s Rural Sustainability Loan has scooped Canstar’s inaugural award for Green Excellence.
The Rural Sustainability Loan was designed to support the rural sector’s ambitions for sustainability with discounted lending. This product was recognised by Canstar’s judging panel for helping remove barriers for customers looking to reduce their impact on the environment.
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In addition, ASB’s climate strategy was recognised for demonstrating strong business commitment to driving sustainable change. ASB’s strategy ranges from internal targets, such as reducing operational emissions, to community targets that support a low-emissions economy.
“ASB’s win of this first award is due to its commitment toward this goal, not only by supporting its clients but also by creating an internal strategy with very real ambitions and targets,” said Jose George, Canstar New Zealand’s general manager. “We all know there is an urgent need to protect our environment for this generation and those who come after us. At Canstar, we’re very proud to present this award, celebrating efforts in this space, for the first time. Huge congratulations to the team at ASB for their win.”
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“ASB is thrilled to win this Green Excellence Award for our Rural Sustainability Loan, which supports food and fibre growers improve on farm sustainability, meet environmental compliance, and reduce emissions,” said Ben Speedy, ASB’s GM Rural. “This discounted lending empowers the rural sector to make affordable choices when it comes to running their operation to the benefit of the environment and future generations.”