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  • Risk management

    … its business structure. LGFA is exposed to both business and treasury related risks because of its normal business activities that relate to raising and on-lending funds to local authorities and council-controlled organisations. LGFA adopts the "three …
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  • Sector standard page - content elements

    … result while you create your content. This page lists the standard formatting options that are included in the Sector … You can make text bold , italic , strike through it, and use super script and sub script . Internal links LinkIT provides a sustainable … Sector standard page - content elements …
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  • The United Nations Sustainable Development Goals

    … by 193 countries including New Zealand, comprise 17 goals and 169 targets. As part of our commitment to sustainability, … to finance or refinance, indirectly via councils, projects and assets that deliver positive environmental and social outcomes and align with, and contribute towards …
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  • Our 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 … best measured by it's credit ratings.  In September 2011, Standard and Poor’s and Fitch both assigned LGFA a …
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  • Sustainability

    … 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
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  • Sustainability 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 … while having regard to the interests of the community and by exhibiting a sense of social and environmental …
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  • Global 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 … that reflect our significant economic, environmental, and social impacts, or that substantively influence the …
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  • Health & 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 …
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  • LGFA’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 … the purchase of high-impact carbon credits from a Gold Standard-certified international project. Toitū Envirocare …
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  • Sustainable 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 incentivise GHG emission measurement and
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  • Governance

    … 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 , …
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  • LGFA 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 …
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  • Green 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 environmental and social improvements in the New Zealand local government … Green and Social Loans …
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  • Local 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
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  • Board 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 …
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  • Shareholders 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 the …
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  • Credit 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 …
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  • Sustainable 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 …
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  • Weekly pricing update

    … 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 spreads fully inclusive of base lending and credit …
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  • Annual 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 …
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  • Investors

    … 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 …
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  • Floating 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 …
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  • About 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 …
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  • Guarantee arrangements

    … are guaranteed by its council shareholders and borrower and guarantor councils. Other than the New Zealand …
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  • Climate 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, … CAL criteria or process for applying for a CAL.  Criteria and Application Form     Past Versions of Lending Programme …
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  • News and market announcements

    … News and market announcements …
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  • Our purpose and values

    … Our purpose and values …
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  • Contact us

    … To change your address, update your payment instructions and to view your registered details including transactions, …
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  • Investor and quarterly funding updates

    … Investor and quarterly funding updates …
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  • Sector Standard page

    … content works well with: Linear content structure and user movements (book-like content, navigating from A to B … layers, starting with an introductory top layer). Cards Standard & Poor's Domestic Currency AAA+ Positive outlook … Sector Standard page …
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  • Useful links

    … about New Zealand, the New Zealand local government sector and our international counterparts. About New Zealand …
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  • Agreements and deeds

    … Agreements and deeds …
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