Consumers and communities around the world are demanding improved sustainability and environmental performance from their food producers.
As one of the world’s largest food and agribusiness banks, Rabobank’s global mission is to ‘Grow a Better World Together’. We’re acutely aware of the potential impacts of environmental pressures on our own business, and on our clients and their communities.
So under our global sustainability strategy, we work alongside farmers and growers to manage increasing environmental, societal and market risk, and at the same time seize opportunities presented by a growing population and a scarcity of resources.
New Zealand’s farmers and growers produce great food for New Zealand and the world. They’re used to looking ahead because planning for the future is crucial for any successful enterprise.
The future success of New Zealand’s farming communities will depend increasingly on good environmental management and sustainable food production.
At Rabobank, we can help you prepare for a successful future by working alongside you and making your business more sustainable both commercially and environmentally.
As part of our focus on sustainability, we’ve developed a new approach to help farmers and growers build a detailed snapshot of the non-financial performance of their businesses – where they’re doing well and where there’s room to improve. This includes how our rural clients are faring with their agronomic, environmental, social and workplace performance.
We see it as a win-win: It helps our clients adapt to emerging regulatory requirements and increasing consumer and community expectations. At the same time, as a bank we’re getting robust data on the non-financial performance of farms across our portfolio.
Our New Zealand business’s sustainability strategy is regarded highly across the Rabobank group.
Worldwide, around 40% of all food produced doesn’t make it to people’s plates. Food waste also contributes to greenhouse gas emissions and it squanders the water, land and energy used to grow it.
Rabobank is on a mission to do something about it.
You can read more about opportunities to reduce food waste here and find out about our exciting new partnership with food rescue charity KiwiHarvest.
Rabobank is a long-term strategic partner of the New Zealand Farm Environment Trust, which administers the Ballance Farm Environment Awards.
The Trust’s focus on sharing information among farmers and best-practice management of natural resources means its goals are closely aligned to ours.
Our staff around the country play a significant role on the judging panels for the 11 regional Ballance Farm Environment award programmes, as well as on the national awards judging committee. This provides them with a first-hand view of farming best practice and the opportunity to learn from award entrants and other members of the judging panels.
Under the umbrella of the Aotearoa Circle, Rabobank joined forces with the Ministry of Primary Industries and other banks in early 2020 to develop guidance for integrating sustainability considerations into funding for New Zealand’s agricultural sector. The guidance was released in July 2021 and draws on domestic and international frameworks, alongside good farming practice and is ultimately a tool to help banks in their decision making.
Following the release of the new material, it is anticipated Rural Bank Finance will increasingly be guided by sustainability considerations including climate change mitigation and adaption, water use, waste minimisation, labour rights and animal welfare.
You can find out more about the Aotearoa Circle and the new guidance here.
Sustainability case study: Pomahaka Catchment - a great testament for farmers working together for a more sustainable future.
Consumers and markets around the world are demanding high-quality sustainable products, and reviewing your operations to meet this demand can also improve your bottom line. Here are Rabobank’s top 10 tips below on how you can get started:
As the Head of Sustainable Business Development, Blake helps the bank’s clients position themselves to best manage increasing environmental, societal and market risk as well as seizing opportunities created by a scarcity of resources and a growing global population.
This includes contributing towards Rabobank policy submissions to government on regulation affecting the sector, producing reports and podcasts for our clients which examine issues linked to sustainable farming and developing new products and services aimed at helping clients businesses be more commercially and environmentally sustainable.
Hailing from a sheep and beef farming family, Blake has an MBA from Otago University and practised as an environmental lawyer specialising in resource management before joining Rabobank.