It can capture up to 100,000 litres of water from its roof, using it to irrigate the site’s gardens and to wash the glass as part of the manufacturing process.
The system provides cost savings to the business while also reducing its demand on the council’s water system.
Based on a deep sense of commitment to the local environment and a long-term vision for the company and its staff, Geoff Ball’s investment is already paying dividends.
His efforts are a great example - but Hagley is far from being alone in its desire to become more sustainable and self-sufficient.
As the country’s largest bank, we’re seeing our customers increasingly turning to us for support and help as they consider how best to adapt and invest in their future.
As with any investment, making a business more sustainable comes at a price, but our newly announced Business Green loan removes some of that cost barrier.
It is currently the only advertised green loan product in the market available to business customers and linked to the Green Loan Principles.
Available from 2 September 2022, eligible businesses customers can borrow up to $3 million at a special floating rate of 3.85% pa - a 1.5% discount on the Business Term Loan floating base rate (subject to change) - for a wide range of green initiatives.
These include investments in energy efficiency, renewable energy, green building, sustainable land and water use and wastewater management.
It’s not too late for businesses which have already invested in these types of improvements - they can re-finance their existing loans if they meet eligibility criteria.
The new loan is recognition that privately-owned businesses – like Hagley - are the backbone of New Zealand’s economy and that ANZ must step up to support their sustainability ambitions – no matter how big or small.
ANZ has led the way with sustainable finance for our Institutional Business customers and we’re proud to now offer a Business Green Loan which will support many more businesses to start down the road of becoming more sustainable, resilient and self-sufficient.
Hagley has had the foresight to make changes to the way it operates, become more self-sufficient with its power and water systems, and invest in a lower-carbon future.
By reducing the cost barrier with our Business Green loan - the lowest advertised floating rate in the market for a green loan - I hope we will see a large number of other businesses follow suit.
If biology is anything to go by, and businesses prove willing and able to adapt to the changed financial environment, I believe we can expect to see them evolve and, over time, become better suited to our changing world.
NB: Eligibility and lending criteria, terms and conditions and fees apply. Interest rates are subject to change.
Find out more about ANZ's Business Green Loan