Reporting on Sustainability with Todd Charteris
Description
On this episode of RaboTalk's Growing Our Future, host Blake Holgate is joined by Todd Charteris, CEO of Rabobank New Zealand. Blake and Todd discuss the two sets of climate and sustainability related reports that Rabobank has recently published. The first is a climate-related financial disclosures statement, that all large financial intuitions in New Zealand are now required to submit. Todd discusses the significance of this report, emphasising the need to align banking practices with the transition to a low-emission, climate-resilient future. He explains the four main sections of the disclosure, including governance, strategy, risk management, and metrics/targets. One of the take ways of this report is the value of scenario analysis in assessing risks and opportunities. Todd highlights the importance of strategic planning and transition plans in navigating climate uncertainties.
Blake and Todd also discuss the voluntary Sustainability report Rabobank has submitted. This report covers Rabobank's broader approach to sustainability, focusing on environmental, economic, and social factors. Todd explains how the Sustainability report champions some of the great work Rabobank's clients and teams are doing to transition to more sustainable food production systems more broadly. Todd discusses the importance of collaboration across the agricultural supply chain in adopting sustainable practices. He underscores the role of Rabobank in supporting farmers and growers to adapt to changing environmental and market dynamics. Todd encourages listeners to focus on progress rather than perfection and emphasises the resilience and adaptability of New Zealand farmers and growers in navigating the complexities of climate change and sustainability.
Links to these reports can be found on the Rabobank New Zealand Website - Sustainable Farming | Rabobank NZ