Business sustainability

Being sustainable is fundamental to the way we do business at IAG. We are committed to delivering outcomes that help our communities better prepare for and respond to risks, protect our environment, and sustain our economies. We realise that by working together with the UN, governments and other key stakeholders, the insurance industry can achieve far more than it would on its own.

For more than 10 years, IAG has focused on building a culture where driving sustainable outcomes is ingrained in the way we think and do business. This is both a responsibility and an immense opportunity to shape our future and contribute to a resilient New Zealand.

It’s our responsibility both to operate sustainably and to help secure a successful future for New Zealand. As the insurance industry plays an important role in the economy, it is critical that we take account of the changing and complex risks that we and our communities face. Through education, sharing insights, working with government, regulators and community partnerships, we will continue to focus on the proactive management of risk.

At IAG risk matters; it doesn't just matter to our business, it matters to our economy, to our communities and it matters to our way of life. That's why it is at the heart of why we exist and is core to our purpose. Our business is here to help people to manage risk and recover from the hardship of unexpected loss. This purpose is at the heart of how we view sustainability. To find out more - read more about Our Focus.

IAG NZ, as part of Insurance Australia Group, is a founding signatory to the United Nations Environment Program Finance Initiative’s Principles for Sustainable Insurance.

IAG participates in external benchmarking activities and sees this as a valuable way to capture feedback from a variety of stakeholders on what we are doing well and where we can improve. We are proud to be recognised externally for our sustainable business commitments. Details about our external recognition and benchmarking are provided on our IAG Group website.

We are members and supporters of the Sustainable Business Council and the New Zealand Green Building Council as well as the Sustainable Business Network which is proudly supported by our NZI business. 

IAG is the inaugural winner of the Overall Large Exemplar Award at the Sustainable 60 award series established in 2009 by Pricewaterhouse Coopers and Fairfax Media to recognise excellence in sustainable business practice in New Zealand.


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