26
New Zealand
Emissions Trading
Scheme (NZETS)
The NZETS is a complex scheme
focused on carbonmanagement and
administration. TGH is affected due to
its fisheries, forestry, and agriculture
related interests. We are fortunate
to have a forestry portfolio which
strategically positions TGH to engage
in the carbon credit market and
aim towards being a carbon neutral
company. TGH holds 4,191 units for
the quota held in its fisheries portfolio
and expects to soon receive units for
the forestry portfolio.
Culture
Waikato-Tainuitanga is a fundamental
aspect of TGH’s development and
operations. We seek to ensure tikanga
(protocol) is followed for all projects
- including appropriate karakia
(spiritual prayer) for construction sites.
Waikato-Tainui designs feature in
our developments and businesses.
The
,
and
all have embedded
Waikato-Tainui cultural imagery,
reinforcing our ownership and
identity, as well as creating unique
visitor experiences.
Staff are also made aware of the
cultural influences within the
organisation through the induction
process and other measures, such as the
celebration of Maaori LanguageWeek.
Social Development
Our business activities contribute
to positive growth for the greater
Waikato region and New Zealand
economy – from jobs created by our
projects through to Shareholder
distributions.
The dividend we pay each year
helps the Shareholder to meet tribal
administrative costs and to fund
distributions to marae, education,
health and well-being initiatives, and
social and cultural developments.
Sustainability
minimisation during construction.
The hotel has obtained EarthCheck
certificationwhich is the leading
benchmarking and certification
programme for the tourismand
hospitality industry. It provides
a framework for environmental
and social performance through
independent third party verification.
Example or reference site of stormwater system for Ruakura.
Inter-iwi exchanges
Iwi represent a sizable economic force
in New Zealand. During the year
TGHmet with representatives from
Ngaati Apa, Te Arawa, Ngai Tahu and
TaurangaMoana. In addition, TGH
and Ngai Tahu Holdings Corporation
representatives have attended each
other’s strategic planning sessions.
Environment
Responsible, sustainable development
that makes sense and protects the
environment is howTGH operates. The
ethylene tetra fluoro ethylene (ETFE)
roof at
is an illustration
of sustainable construction. Made
from 100% recyclable materials,
the product is self-cleaning and has
insulating properties. It is light-weight,
and requires minimal energy for
transportation and installation. ETFE
also allows natural light penetration,
requiring little need to illuminate
the common areas of
with
additional lighting.
A car parkmanagement system
(Meter Eye) has been installed in the
basement car park at
and at
the large format retail area at
Shoppers can easily viewwhere vacant
car parks are located, saving both
energy and vehicle running time.
has installed
triple glazing not only to eliminate
airport noise, but also to provide
added insulation and has also been
constructedwith low energy fittings.
Materials and finishes were selected
for their low environmental impact.
Considerable thought was put intowater
and energy conservation andwaste
Master planning for the Ruakura
development incorporates greenfield
design. Stormwater is proposed to be
processed on site, therebyminimising
discharge into the public stormwater
systems which flow into theWaikato
River. This is a deliberate and essential
design feature, and fits well with the
Shareholder’s aspiration to restore and
protect the health andwell-being of the
Waikato River.
TGH promotes recycling throughout
all business operations with weekly
paper recycling at its premises.
and
also promote the
recycling ethos with the provision of
recycling bins for shoppers and the
recycling programme for tenants.
This annual report has been printed
on environmentally friendly paper
which has been sourced from legally
harvested forests, and has been printed
with environmentally friendly ink.
