About Good Returns  |  Advertise  |  Contact Us  |  Terms & Conditions  |  RSS Feeds Other Sites:   tmmonline.nz  |   landlords.co.nz
Last Article Uploaded: Wednesday, November 13th, 12:02PM
rss
Latest Headlines

Suncorp invests in wellbeing

Suncorp New Zealand has now invested a total of $20 million into wellbeing bonds as part of its focus on identifying sustainable investment opportunities that can deliver positive community outcomes.

Thursday, November 7th 2019, 7:48PM

The insurer recently purchased wellbeing bonds worth $6 million.

The bonds were issued by Housing New Zealand, as part of its broader Sustainability Financing Framework, and are a type of sustainability bond which helps fund investment in new or upgraded sustainable social housing.

“We’ve chosen to invest in the bonds because access to affordable housing helps build strong, resilient communities. Investing in these types of bonds will help Housing New Zealand develop more healthy, sustainable homes,” said Jimmy Higgins, chief financial officer, Suncorp New Zealand.

Housing New Zealand intends to allocate the net proceeds from the bonds to finance or refinance eligible projects such as building green and affordable housing. The projects are aligned to the Living Standards Framework and support or contribute towards meeting the United Nations Sustainable Development Goals.

"Our investment lens is increasingly focused on opportunities that can deliver positive social outcomes. Wellbeing bonds are an important instrument in achieving this," Higgins said.

Tags: Suncorp Sustainability

« AIA adds mental health support

Special Offers

Comments from our readers

No comments yet

Sign In to add your comment

 

print

Printable version  

print

Email to a friend
Insurance Briefs

Suncorp invests in wellbeing
Suncorp New Zealand has now invested a total of $20 million into wellbeing bonds as part of its focus on identifying sustainable investment opportunities that can deliver positive community outcomes.

AIA adds mental health support
AIA is boosting Vitality members’ donations to the Mental Health Foundation.

Major milestone for Cigna
Cigna, which acquired OnePath Life last year, is on the verge of reaching "a huge milestone".

Fidelity Life gets tick
Fidelity Life has been awarded the Accessibility Tick.

News Bites
Latest Comments
Subscribe Now

Mortgage Rates Newsletter

Daily Weekly

Previous News

MORE NEWS»

Most Commented On
About Us  |  Advertise  |  Contact Us  |  Terms & Conditions  |  Privacy Policy  |  RSS Feeds  |  Letters  |  Archive  |  Toolbox
 
Site by Web Developer and eyelovedesign.com