Westpac NZ launched a $440m Sustainable Business Loan program in June 2023 for environmentally friendly projects, including social and affordable housing.

Westpac NZ is promoting sustainability by offering a Sustainable Business Loan program, providing over NZ$440 million since its June 2023 launch. The initiative supports property developers aiming for environmentally friendly projects, including social and affordable housing. Loans feature a discount for qualifying projects, with a goal to lend NZ$1 billion over three years. This reflects Westpac's commitment to reducing construction's environmental impact and addressing climate change.

October 17, 2024
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