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Filter search resultsRisk management
… its business structure. LGFA is exposed to both business and treasury related risks because of its normal business … to discuss any matters that the Audit and Risk Committee or Internal Audit believes should be discussed privately. … a 95% confidence interval. A daily 95% VaR exposure of $1,000,000 means that there is a 5% chance that the portfolio …PageSector standard page - content elements
… You can make text bold , italic , strike through it, and use super script and sub script . Internal links LinkIT … solution for internal links. You don't have to copy, or remember the URL, instead you can highlight the text to … or right-click the link text. Unordered list Bullet point 1 Bullet point 2 Bullet point 3 Bullet point 4 Ordered list …PageThe United Nations Sustainable Development Goals
… by 193 countries including New Zealand, comprise 17 goals and 169 targets. As part of our commitment to sustainability, LGFA will seek to finance or refinance, indirectly via councils, projects and assets that deliver positive environmental and social …PageSustainability at LGFA
… 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 … in which it operates and by endeavouring to accommodate or encourage these when able to do so. Which drives one of …PageGlobal Reporting Initiative
… adopted global standards for sustainability reporting and by meeting the GRI Standards we are providing greater clarity and accountability around our material sustainability issues … significant economic, environmental, and social impacts, or that substantively influence the assessments and decisions …PageOur story
… government sector in New Zealand were made in the 1980s and 1990s. These attempts ultimately failed, due in part to a lack of strong and unified support from local authorities. At the Jobs … stakeholders culminated in the incorporation of LGFA on 1 December 2011. LGFA Establishment Board Craig Stobo, …PageSustainability
… local government sector in achieving their sustainability and climate change objectives. LGFA will promote sustainability within our company and assist the local government sector in achieving their sustainability and climate change objectives. Promoting environmental and …PageSustainable Financing Bonds
… to: recognise LGFA’s commitment to support council and CCO borrowers ("Borrowers") to fund environmental and/or social projects, assets and activities, and …PageHealth & Safety
… LGFA is committed to providing a safe and healthy working environment for all employees. LGFA will … that promotes increasing employee engagement, productivity and enhancing recruitment and retention. The Health and Safety Committee regularly …PageGreen and Social Loans
… Green and Social Loans (GS Loans) provide LGFA members lending … a financial incentive to enable them to undertake green and social projects that will help drive forward ambitious … GS Loans must deliver demonstratable environmental and/or social benefits. These projects must meet minimum …PageLGFA’s Carbon Footprint
… to accurately measure our greenhouse gas (GHG) emissions and put in place strategies to manage and reduce impacts. We are very pleased to report that LGFA … project. Toitū Envirocare offer carbon management and carbon neutral certifications for organisations, …PageGovernance
… structure comprises the New Zealand Government (20%) and thirty councils (80%), the LGFA Shareholders Council and the LGFA Board of Directors. 31 Shareholders , comprising the New Zealand Government (20%) and thirty councils (80%). LGFA Shareholder's Council , …PageLGFA Sustainability Committee
… The LGFA Sustainability Committee provides advice and recommendations on sustainability issues within LGFA and its borrowing and lending activities. In 2021, LGFA established our …PageLocal Government Sector Climate Scenarios
… government navigate uncertainty, stress-test decisions, and build long-term resilience. LGFA is committed to supporting councils address climate change and sustainability issues. This collaborative effort from the … of these sector climate scenarios, LGFA thanks both KPMG and the council officers who contributed their time and …PageShareholders Council
… five to ten appointees from the Council Shareholders and the Crown. The role of the Shareholders' Council comprises the following: Review and report performance of LGFA and the Board; Recommendations … to Shareholders as to any changes to policies, or the SOI, requiring their approval; Update Shareholders on …PageWeekly pricing update
… matrix for borrowing across all LGFA maturities from 1 month through to April 2033 for each council group. This is updated each Wednesday afternoon and provides councils with a brief market update for both short and long term borrowing plus current borrowing yields and …PageCredit ratings
… rated at AAA (domestic long term) by S&P Global Ratings and AA+ by Fitch Ratings. The foreign currency long term rating is AA+ by S&P Global Ratings and AA+ by Fitch Ratings. The domestic and foreign currency ratings are on stable outlook by S&P …PageBoard of Directors
… The LGFA Board comprises independent and non-independent directors, the majority of which are … The LGFA Board, is responsible for the strategic direction and control of LGFA’s activities. The Board guides and monitors the business and affairs of LGFA, in accordance …PageSustainable Lending
… our members finance projects that deliver environmental and social outcomes, and to encourage emissions management across the sector, LGFA provides: Green and Social Loans A lending programme to help members …PageGuarantee arrangements
… are guaranteed by its council shareholders and borrower and guarantor councils. Other than the New Zealand … council that borrows in aggregate NZ$20 million or more from LGFA must be a Guarantor. Any council …PageClimate Action Loans
… has set science-aligned emission reduction targets, and has approved an emission reduction plan. CALs are … those who may not have eligible projects to access Green and Social Loans. In order to be eligible to apply for a CAL, … to assist in answering any questions on the CAL criteria or process for applying for a CAL. Criteria and Application …PageAnnual General Meeting material
… Notice of Meeting Shareholder Council Letter for Director and Shareholder Council Nominations Agenda Proxy Form … Notice of Meeting Shareholder Council Letter for Director and Shareholder Council Nominations Agenda LGFA Letter to … N otice of Meeting Shareholder Council Letter for Director and Shareholder Council Nominations Agenda Proxy Form M inutes …PageFloating nominal amounts for security stock certificates
… security stock certificates plus figures as at 30 June and 31 December in each year for reporting requirements. … the Council (a) in relation to the Equity Commitment Deed and (b) in relation to the Multi Issuer Deed dated on or about 7 December 2011 (as amended from time to time), …PageAbout LGFA
… purpose being to provide more efficient financing costs and diversified financing sources for New Zealand local authorities and council-controlled organisations. LGFA was established to …PageInvestors
… investors with a source of securities rated at AAA and AA+ (domestic long term) by international credit rating agencies S&P Global Ratings and Fitch Ratings respectively. These ratings are the same as …PageContact us
… To change your address, update your payment instructions and to view your registered details including transactions, … 9 488 8787 Please assist our registrar by quoting your CSN or shareholder number. …PageSector Standard page
… content works well with: Linear content structure and user movements (book-like content, navigating from A to B … hierarchy fails if there are too many items per level, or if the weight between branches is unbalanced. Hierarchical …PageAgreements and deeds
… Agreements and deeds …PageUseful links
… about New Zealand, the New Zealand local government sector and our international counterparts. About New Zealand …PageForeign Currency Debt Issuance
… currency issuance with programme limits of US$10 billion and A$5 billion, as well as ECP documentation for short-dated …PageEnabling legislation
… limited liability company under the Companies Act 1993 on 1 December 2011, following the enactment of the Local …PageOur purpose and values
… Our purpose and values …Page