Westpac Smarts: Why climate litigation is a hot topic and what it means for your business

Have you heard of climate litigation? Do you know how it will impact business here in Aotearoa? Join us for an insightful Westpac Smarts event that’ll help you understand climate litigation, and what claims against governments, investment managers, and companies mean on our shores in a changing, climate-conscious world.

What’s in-store:

Claims often focus on driving action rather than seeking financial penalties. Our speaker Olaf Adam, Head of ESG Advisory at Westpac, will demonstrate why that is and cover what international trends in climate litigation mean for New Zealand businesses.

You’ll leave with:

• Highlights local cases involving the local authorities, large emitters and government.
• Valuable context on how increased transparency can lead to higher expectations throughout you value chain.
• Practical steps for your business, including identifying what matters, setting targets, make a credible plan and communicate.
• Useful resources to get you started and when to seek expert help.

While few businesses face direct legal action, the impact of climate litigation matters. Come and equip yourself with the knowledge and strategies needed to navigate this evolving landscape effectively.

Event details:

12:00-12:15pm – Networking
12:15-1:15pm – Presentation from Olaf Adam

Chamber members and Westpac customers: Free entry
Non-members: $5.00 donated to Life Flight Trust through the Westpac Chopper Appeal

Your speaker:

Olaf Adam brings over 20 years of diverse banking experience, with expertise spanning Property Finance, Debt Recoveries, Credit Strategy, and Sustainability. He has played a pivotal role in leading climate-related initiatives at Westpac, including authoring the bank’s climate-related disclosures. Olaf’s deep understanding of the intersection between ESG and financial impact underscores his commitment to supporting customers in their transition to Net Zero.