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Filter search resultsRisk management
… LGFA recognises that an effective risk management framework is a critical part of its business structure. LGFA is exposed to both business and treasury related risks because of its normal business … framework provided by both the internal and external audit functions which review and highlight control weaknesses …PageLGFA Fixed Term Intern Opportunity
… was enabled under the Local Government Borrowing Act 2011 and was incorporated on 1 December 2011. LGFA is owned by thirty Councils and the Crown and is a Council Controlled Organisation (CCO) operating …NewsUpdate on Local Water Done Well and Additional Financing for High Growth Councils
… 08 August 2024 UPDATE ON LOCAL WATER DONE WELL AND ADDITIONAL FINANCING FOR HIGH GROWTH COUNCILS New Zealand … been working alongside Central Government, the Treasury and Department of Internal Affairs regarding financing … organisations [1] established under Local Water Done Well and look to assist high growth councils with additional …News2022 Taituarā Local Government Excellence Awards winners
… 2022 , (the second year that LGFA has sponsored top award, and the eighth year LGFA have supported the Excellence … Association, the five iwi of Far North’s Te Hiku region and the wider community was announced as the Supreme Award … The purpose of the porject is to create employment in, and enhance the vibrancy of, three of New Zealand’s most …NewsWellington City Council and Tauranga City Council approved for Climate Action Loans (CALs)
… its Climate Action Loan Lending Programme for council and council-controlled organisations (CCO) members on 1st December 2022, and is now pleased to announce that Wellington City Council (WCC) and Tauranga City Council (TCC) have been approved as the …NewsThe 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 …PageLGFA undertakes GSS Loan to Hutt City Council for New Zealand’s first Green Star rated swimming pool
… up to NZ$41 million for the rebuild of the Naenae Pool and Fitness Centre . The new swimming pool will be 65% bigger than the old pool and will be much more energy efficient with up to 53% … on energy use. Due to open in July 2024, the Naenae Pool and Fitness Centre will have the following sustainability …NewsOur 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 … reality. Key advisors, Cameron Partners and Asia Pacific Risk Management, were appointed to work on a range of …PageGovernance
… structure comprises the New Zealand Government (20%) and thirty councils (80%), the LGFA Shareholders Council and … Shareholders Agreement Code of Ethics Board Charter Audit and Risk Committee Charter Internal Audit Charter Diversity …PageNews: LGFA aims to arrange $1b in debt
… (LGFA) has been awarded an AA+ credit rating by both Fitch and Standard & Poor’s, on a par with the sovereign rating, and stronger than any of the banks operating in New Zealand. … because of concerns the council wold be exposed to the risk of a default. Over the next two weeks the LGFA will …NewsSustainability 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 … Long-term relationships with LGFA stakeholders, a low-risk appetite and cost consciousness are the cornerstones of …PageSector standard page - content elements
… You can make text bold , italic , strike through it, and use super script and sub script . Internal links LinkIT provides a sustainable … the link button, search for the content you want to link, and select the right page from the results. External links …PageGreen, Social & Sustainability Loans
… A commitment to assist councils and council-controlled organisations finance projects that promote environmental and social wellbeing in New Zealand. Green, Social & Sustainability Loans (GSS loans) provide councils and council-controlled organisations (CCOs) lending at a …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 …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 …PageLGFA Director Appointment
… company director, board Chair, company executive and professional civil engineer, who has held a number of leadership positions in the transport, infrastructure and energy sectors. She has more than 30 years of experience in the planning, development and implementation of large engineering and technical …NewsLGFA approve GSS Loan to Tauranga City Council
… Loan to Tauranga City Council (TCC) under its “Terrestrial and Aquatic Biodiversity Conservation” category. LGFA … The is the first GSS loan under LGFA’s Terrestrial and Aquatic Biodiversity Conservation category, and TCC is borrowing up to $10.3 million to finance the work …NewsGlobal 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 …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 meets to review LGFA health and safety …PageLGFA launches Climate Action Loans for Councils and CCOs
… of its Climate Action Loan Lending Programme for council and council-controlled organisation (CCO) members. LGFA … the risks inherent in climate change for both New Zealand and local councils and CCOs and wishes to support New Zealand’s shift to a …NewsLGFA Draft SOI 2020-2021 and Borrowing Programme Update
… Act 2002. This is a draft for shareholder consultation and the SOI will be finalised by 30 June 2020. A copy is … year of $2.28 billion (2021/22), $1.85 billion (2022/23) and $1.9 billion (2023/24), however the issuance volume will … including refinancing of existing borrowing by councils and (if applicable) council-controlled organisations, new …NewsLGFA undertakes first GSS Loans to New Zealand Councils
… Social & Sustainability Lending Programme for council and council controlled organisations (CCO) members on 6 th October 2021, and is now pleased to announce that our inaugural loans have been made. The Wellington City Council (WCC) and the Greater Wellington Regional Council (GWRC) have today …NewsLGFA Launch Green, Social and Sustainability Lending Programme
… Social & Sustainability Lending Programme for council and council controlled organisations (CCO) members. LGFA … the risks inherent in climate change for both New Zealand and local Councils and CCOs, and wishes to support New Zealand’s shift to a …NewsLGFA Announces Sustainable Financing Bond Framework
… As part of our commitment to assist borrower councils and council-controlled organisations (Borrowers) to fund sustainable assets and activities, and incentivise GHG emissions reductions, LGFA has …NewsLGFA Announces Sustainable Financing Bond Framework
… As part of our commitment to assist borrower councils and council-controlled organisations (Borrowers) to fund sustainable assets and activities, and incentivise GHG emissions reductions, LGFA has …NewsLGFA Cleansing Notice for Offer of 14 April 2022 Bond
… Conduct Act 2013 ("FMCA"). The main terms of the offer and the Bonds are set out in the attached Series Notice. The Bonds will form part of the same series (and will have identical rights, privileges, limitations and conditions) as LGFA's fixed rate bonds maturing on 14 …NewsLGFA considers bond offers
… particular series being considered have the maturity dates and associated NZX ticker codes set out below: a) 15 April 2024, NZX ticker code LGF100; and/or b) 15 April 2026, NZX ticker code LGF120; and/or c) 15 May 2028, NZX ticker code LGF150; and/or d) 15 …NewsLGFA launches fixed rate bond offers, cancel August tender
… 29 July 2020 LGFA launches fixed rate bond offers and cancels 13 August 2020 tender New Zealand Local … date of 15 April 2037 (2037 Bonds) to institutional and New Zealand retail investors, with the ability to accept unlimited oversubscriptions at LGFA's discretion; and b) NZ $200 million of an existing series of unsecured, …NewsMark Butcher
… in November 2010. Formerly he has held senior trading and sales roles across derivative, interest rate and debt … PIF Guardians, Chair of Waikato Tainui Group Investment Committee and a member of the Nominations Committee for … of Commerce degree from Auckland University and is a CFA charter holder. … Mark Butcher …PersonAppointment to Head of Sustainability
… across the organisation both in its operations and where practical in its lending and borrowing activities. This will include implementing and … and providing ongoing support to a LGFA Sustainability Committee. In addition, he will build and maintain …NewsDavid Rae
… firm, MyFiduciary Ltd, which provides portfolio advice and implementation for institutional investors including charitable trusts and iwi. His background is in economic policy and investing, having worked for the NZ Superannuation Fund …PersonClimate Action Loans
… A commitment to incentivise councils and council-controlled organisations to act on climate change and reduce greenhouse gas (GHG) emissions. Climate Action … based lending structures designed to incentivise councils and council-controlled organisations (CCOS) to act on climate …Page