CoreLogic NZ joins Sustainable Business Council

Businesses have to take a leadership role in climate action to influence positive change, leader says

CoreLogic NZ joins Sustainable Business Council

CoreLogic NZ has joined the Sustainable Business Council (SBC) in order to actively demonstrate its commitment to improving its sustainable business practices.

The announcement follows a recent internal engagement survey which found 96% of staff either agreed or strongly agreed to the property data and analytics provider taking a stronger position and action on environmental, social, and governance (ESG) issues.

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CoreLogic joins the 120-plus member organisations of SBC, the purpose of which is to mobilise New Zealand’s most ambitious businesses to build a thriving and sustainable future for all.

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“One of our business solutions is the provision of data on climate change modelling and projection plus flood models,” said Simone Moors, CoreLogic NZ country manager. “We speak to many businesses about the climate impact on portfolios and various risk solutions to help sectors meet regulatory obligations. We’re also supporting researchers on the Strand Marsden project with Otago University and the Reserve Bank, a study around the impacts of climate change on property and the potential impacts to the banking system in New Zealand.”  

All SBC members are required to fulfill a range of commitments, including producing a sustainability report or public account demonstrating the company’s sustainability activity, plans, and performance within two years of membership.

SBC also require members to measure the carbon footprint of NZ operations and establish plans to reduce carbon emissions.

While only in the early phases of its sustainability program, CoreLogic NZ promptly implemented steps such as setting up a working group and a draft action plan, Moors said.

“With the support of SBC we’re already making significant progress, which will have tangible outcomes across the entire CoreLogic business,” she said. “Regardless of company size, businesses have a responsibility to take an active leadership role in climate action to help establish best practice and influence positive change.”