Oceania announces $500m sustainability-linked loan
OCEANIA HEALTHCARE
Level 11, 80 Queen Street, Auckland 1010
PO Box 9507, Newmarket, Auckland 1149, New Zealand
P +64 9 361 0350
www.oceaniahealthcare.co.nz
29 June 2022
OCEANIA ANNOUNCES $500m SUSTAINABILITY-LINKED LOAN
Oceania Healthcare Limited (“Oceania”) is pleased to report that it continues to innovate with the
implementation of a $500m five-year Sustainability-Linked Loan (“SLL”). This exciting development supports
our commitment to sustainable growth with over two-thirds of Oceania’s debt-funding now tied to ambitious
environmental and social sustainability goals and targets.
The SLL is linked to three Key Performance Indicators (“KPIs”) that cover environmental and social aspects
of Oceania’s sustainability ambition and business strategy. Oceania’s Sustainability Performance Targets
(“SPTs”) associated with the SLL are to:
1. Reduce greenhouse gas emissions in line with targets approved by the international Science Based
Targets initiative.
2. Increase the diversion of construction waste from landfill.
3. Improve resident experience and wellbeing.
Oceania will pay a lower interest rate on the loan for meeting these SPTs but will have to pay higher interest
if it does not meet these SPTs.
Oceania’s Chief Financial Officer, Kathryn Waugh, said “Linking our loan to our sustainability goals and
measures shows that Oceania is serious about sustainable growth. Today’s announcement represents a step
forward for Oceania in its sustainability journey.”
Oceania worked with ANZ Bank New Zealand Limited (“ANZ”), as sustainability coordinator, to develop the
SLL.
Dean Spicer, Head of Sustainable Finance, ANZ, said “The establishment of a meaningful measurement of
care residents’ wellbeing is an important development for the sector. Social impact is challenging to quantify,
and by including this holistic assessment of social, physical and psychological wellbeing, Oceania is further
encouraged to support improvements in resident experience.”
To enable this SLL, and to support any future sustainability-linked financing that Oceania undertakes, Oceania
has created a Sustainable Finance Framework (“Framework”). The Framework outlines Oceania’s approach
to sustainable finance instruments and sets out the process, criteria and guidelines under which it intends to
issue and manage SLLs. The Framework is aligned with, and complementary to, Oceania’s Sustainability
Framework and strategy, and is also aligned with the most recent sustainable finance market standards being
the Asia-Pacific Loan Market Association Sustainability-Linked Loan Principles (2022) (“Market Standards”).
Ernst & Young provided limited assurance over the Framework, the selected KPIs and sustainability
performance targets against internationally recognised Market Standards.
A copy of Oceania’s Sustainable Finance Framework and EY’s Limited Assurance Report can be found on
Oceania’s website under “Sustainability”: https://www.oceaniahealthcare.co.nz/investor-centre/sustainability.
The Lenders to the syndicated facility included ANZ, ASB and ICBC.
Contact Details:
Kathryn Waugh
Chief Financial Officer
09 361 0350
ENDS
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Sustainable
Finance
Framework.
June 2022
Introduction 03
Oceania’s Sustainability Framework 07
Sustainable Finance Framework 08
Governance 09
General Corporate Purpose Instruments 10
Further Information 15
Contents.
As a leading provider of premium healthcare services across New Zealand,
Oceania Healthcare Limited (“Oceania”) is reimagining the retirement and aged
care living experience.
Oceania has c.4,000 residents living at our 45 retirement villages and care centres
around New Zealand. Our residents are looked after by our c.2,900 dedicated Oceania
team members. With New Zealand’s ageing population, the retirement village and aged
care sector is naturally expanding but the opportunity for sustainable growth, through
the provision of superior innovative services to our residents and the development of
individually curated spaces, is far greater.
Introduction.
3
Resident experience
We are leading in the delivery of a resident-centred
retirement and aged care living experience in New
Zealand through our “Model of Care” and excellent
service offerings.
Oceania is committed to ensuring that it provides
outstanding care and services to its residents.
Oceania continues to distinguish itself from other
retirement and aged care living operators with its
focus on the provision of care and services, rather
than the delivery of built form products. Oceania
provides resident-centred care and services that
enhance the quality of residents’ lives.
Oceania is focused on delivering a sustained
improvement in the resident experience, with an
improvement in clinical indicators, delivering an
evidence-based practice, and an expansion in its
clinical offerings to cover a full scope of services.
We have a reputation for delivering high quality care
and this is providing opportunities for Oceania to
partner with other organisations, to bring high quality
care to older New Zealanders in those regions that
need it most.
Offer
Oceania’s strategy is to achieve sustainable performance and
growth by delivering on our four strategic pillars:
We are curating great spaces through the design,
development, and provision of services to our residents
of the future and are doing so in a sustainable manner.
Oceania has a well-established and proven brownfield
development-led growth strategy, facilitated by
a strong development team and investment in an
operational platform built for scale. With the recent
strategy refresh to undertake greenfield developments
and acquisitions, as well as brownfield developments,
Oceania is well positioned to leverage its established
operational platform to pursue a wide range of
organic and inorganic growth opportunities.
Building design and construction has a significant
impact on the sustainability of our business in terms
of our future emissions, building efficiency, revenue,
profitability, safety, resident satisfaction, employee
engagement and waste generation.
4
People capability
We have a culture which enables our people to be
engaged, included and valued so they can perform
their life’s best work at Oceania.
Our people are at the very heart of what we do. It
is the passion of our people that allows Oceania to
continue to build on its success for future growth.
Oceania maintains a strong focus on learning and
development as part of our commitment to provide
a career development pathway for our people. Our
Wesley Institute of Nursing Education, set up in 2008,
provides a Competence Assessment Programme (CAP)
training to internationally-qualified nurses (IQNs) that
meets Nursing Council requirements and provides
a route for IQNs to practice in New Zealand.
1
We
have also established good relationships with some
governments overseas who are starting to refer their
IQNs to our CAP courses, through the Wesley Institute
of Nursing Education.
Growth
We deliver outstanding financial performance and
sustainable growth.
We continue to demonstrate a capability to grow
the business through premium living experiences,
value accretive mergers and acquisitions, an
accelerated build pipeline and new sector leading
resident experiences.
This growth is managed carefully under a
sustainability lens and with the pursuit of best
practice in Environmental, Social and Governance
(ESG) aspects.
1
The NZ Nursing Council has recently consulted on IQNs (see here) and has been considering whether the way they assess and register IQN applicants is as good as it can be.
Please note that the outcome of this consultation may influence or impact our Competence Assessment Programme.
5
Our business strategy is underpinned by our focus on technology, innovation, and our Sustainability
Framework (as illustrated below).
Our pupose
To reimagine the retirement and aged care living experience in New Zealand.
Our strategic pillars
Offer
To design, develop,
build and sell premium
properties for our
residents of the future
Resident Experience
To be the leader
in the delivery of
resident experience in
retirement villages and
aged care centres
People Capability
To build capability
and develop a culture,
which enables our
people to perform their
life’s best work
Growth
To deliver outstanding
financial performance
and sustainable
growth
Our value outcomes
Residents love living
in our communities
We delight our
residents with
hospitality inspired,
customer led services
We are passionate
about the wellbeing of
our staff, residents and
their families
We lead the way in
how we do things
Our drivers
Our people — Our expertise — Our villages — Our financial capital — Our natural capital
Our enablers
Technology – Innovation – our Sustainability Framework:
PeoplePlanetProsperity
Our goals
We delight our residents and
staff by caring for them and
making a difference to their
happiness every day.
Our Measure
Employee wellness engagement,
resident engagement, health
and safety.
Our goals
Through better use of our
resources we will substantially
reduce our environmental impact
enabling carbon neutrality in
the future.
Our measure
Waste to landfill, energy efficiency,
greenhouse gas emissions.
Our goals
Integrated thinking will be
embedded in our strategy,
decision making, long term
planning and reporting by 2022.
Our Measure
Financial returns and
shareholder value growth.
6
We are committed to sustainability and recognise
the importance of not only constantly improving
resident experience, but also having a positive impact
in our local communities, reducing our impact on the
environment, and improving employment practices,
employee wellbeing and product service design.
We have set our Sustainability Framework by
considering what is important to key stakeholders and
which risks and opportunities have the greatest impact
on our ability to create value in the short and long
term. This Sustainability Framework establishes goals
and identifies measures to report on our People, Planet
and Prosperity achievements as we build a better
future. Sustainability underpins our business goals and
everything we do at Oceania.
We implement our Sustainability Framework across
different initiatives.
We are always focusing on the future, on enhancing
our offering, innovating and delivering to the future
needs of our residents, their families, the communities
in which they live and our people. We lead in the
delivery of resident-centred retirement and aged
care living experiences in New Zealand through our
“Model of Care”. We partner to deliver resident specific
centres for high need and vulnerable populations,
including those in under-served geographical areas.
We support our people through fair pay, training and
career advancements and have a culture that enables
our people to be engaged, included and valued and
perform their life’s best work, while we build capabilities.
Reducing construction and operational waste to landfill
is a focus for Oceania, both during the development
and refurbishment process, and the ongoing operation
of our villages and care centres. We are aiming to
reduce waste to landfill from building construction
processes, including having clear understanding
and plans for diversion, because we also see the co-
benefits of doing so in terms of pollution prevention
and emissions reduction. We are also committed to the
diversion of organic, plastic, paper material and other
waste from landfill and we have been focusing on food
and incontinence waste.
At Oceania, we are committed to responsible energy
management and focus on reducing our carbon
footprint by designing and building new, low carbon,
and energy efficient buildings and to the New Zealand
Green Building Council’s 6 Homestar standards.
Educating and training our people on best standards,
monitoring and identifying opportunities for reducing
energy use and engaging with our suppliers, are all
important actions for Oceania as we work to achieve
our goals.
Sustainability Framework.
We curate intelligently designed spaces for the resident
of the future and do this in a sustainable manner,
integrating with the community around us. Building
design and construction impacts our emissions,
building efficiency, and waste generation. We
acknowledge that both the investment community and
the Government are increasingly focusing on existing
and future emissions of organisations like ours, and
that this is already indirectly impacting, for instance,
our sustainable design and construction processes. The
acquisition, construction, refurbishment, and operation
of existing and/or planned sustainable buildings
is being achieved through a number of initiatives
including:
1. Employing reputable designers, engineers and
consultants who design to best practice and have
a good track record of delivering high quality
profitable developments;
2. Updating design specifications to incorporate
improved building design practice;
3. Designing and building to above the building code
(currently to Homestar 6 rating for apartments,
and we also apply those principles to our villas
and care suites), with a view to going even further
in the future;
4. Building apartments, villas and care suites that
are energy efficient and healthier for our residents
and reducing our operational waste; and
5. Learning from our experience on existing
developments to inform the design and build of
future developments.
To further support our purpose our Wesley Institute of
Nursing Education provides CAP programmes for IQNs,
as well as a “Return to Nursing Programme” for New
Zealand nurses wanting to return to the workforce after
5 years or more of absence. Both programmes combine
nursing theory and clinical practice through a 5-week
placement in an approved Oceania nursing environment
in New Zealand. Our clinical nurse educators are industry
professionals with a variety of clinical experience. These
two aspects make our Wesley Institute, the only non-
technical college accredited by the Nursing Council of
New Zealand providing a CAP, special. The programmes
support the return to nursing work of previously
registered nurses who had left the workforce, as well
as nurses who qualified abroad, in particular, in India
and the Philippines, to reduce linguistic barriers. In the
last few years, we have been working at ensuring the
course is tailored to New Zealand’s needs. There can
be useful skills transferred between New Zealand and
the Philippines and India, and, importantly, there is no
hidden or additional costs to IQNs coming to
New Zealand through our Wesley Institute courses.
7
Sustainable Finance
Framework.
Oceania has prepared this Sustainable Finance
Framework (the Framework) to provide guidance on its
raising of sustainable finance instruments (Sustainable
Finance) via the issuance and management of general
corporate purposes or sustainability-linked instruments
in the form of Sustainability-Linked Loans (SLLs).
It is important to Oceania that our business strategy
and Sustainability Framework are aligned to each
other and supported by an enabling Sustainable
Finance strategy. Our Sustainable Finance strategy is
documented through this Framework. The Framework
sets out the process, criteria, and guidelines under which
we intend to issue and manage SLLs, which contribute
towards achieving our sustainability goals, and which
are consistent with the most recent international
industry best practice in terms of sustainable finance
principles and guidelines (Market Standards).
The Market Standards are a collection of voluntary
reference frameworks that are generally accepted,
as at the date of this Framework, as the globally
Sustainable Finance
Instrument
Use of ProceedsApplicable Market
Standard
Sustainability-Linked
Loans
General corporate purposes:
The proceeds are not required to
be allocated to eligible assets, but
the instrument margin is adjusted
based on performance against
pre-defined, ambitious yet
achievable, sustainability-related
targets of the borrower’s
material KPIs.
Sustainability-Linked Loan
Principles 2022 (SLLP)
2
recommended management processes for
borrowing or syndication in loan markets, to
finance progress towards environmental and social
sustainability. These Market Standards are those
published by the Loan Market Association (LMA),
Asia-Pacific Loan Market Association (APLMA) and
Loan Syndications and Trading Association (LSTA).
The Market Standards promote integrity of the
sustainable finance market by providing guidelines
towards transparency, disclosure, and reporting
processes in order to drive investors and financiers
to allocate capital and financing that support
ambitious corporate sustainability-related targets.
It is Oceania’s intention to follow these Market
Standards for its Sustainable Finance instruments.
Oceania may issue or manage Sustainable
Finance instruments under this Framework and in
accordance with the relevant applicable Market
Standards as shown in the table below:
2
APLMA Sustainability-Linked Loan Principles 2022 (SLLP)
8
Under the leadership of our CEO, Oceania’s executive
team is responsible for designing and implementing
Oceania’s Sustainability Framework and making sure it
is integrated within our overall business strategy. This
includes managing topics that are material to Oceania,
which can guide the selection of Key Performance
Indicators (KPIs) and relevant sustainability targets.
These KPIs and targets may then help calibrate any
Sustainability Performance Targets (SPTs) relevant to
sustainability-linked instruments in alignment with this
Framework. The executive team will keep the Board of
Directors (Board) updated, on a six-monthly basis, on
the implementation of the Sustainability Framework, to
support their oversight and governance of the strategy.
To manage the Sustainable Finance instruments
under this Framework, Oceania has established a
Sustainability Committee which includes the CEO,
CFO, Group General Manager Corporate Services,
Head of Sustainability and Corporate Responsibility
and other members of the executive team, as
necessary. The Sustainability Committee is responsible
for reviewing and providing recommendations to the
Board prior to issuance of any Sustainable Finance
instruments in alignment with this Framework. It is also
responsible for making sure Oceania complies with this
Framework and the Market Standards.
The Committee will monitor the evolution of the green,
social, and sustainability finance markets, so that this
Framework can be kept up to date with the latest good
international market practices.
The Chair of the Sustainability Committee is Oceania’s
CFO, and its Secretary is the Head of Sustainability and
Corporate Responsibility. The Sustainability Committee
may invite other Oceania colleagues to the Committee
from time to time and will meet at least quarterly.
The Sustainability Committee will update the Board
on a six-monthly basis on the activities for which the
Sustainability Committee is responsible to ensure the
Board has visibility and oversight of the Sustainability
Committee’s activities.
This Sustainability Framework, as updated from time to
time, will be published on Oceania’s website.
Ernst & Young Limited has evaluated the Framework, its
transparency and governance, as well as its alignment
with the Market Standards. In case of any material
changes to this Framework, Oceania will seek an
updated external review report. The limited assurance
report will be published on Oceania’s website.
Governance.
9
This section describes how Oceania will issue and
manage its general corporate purpose instruments,
or sustainability-linked instruments, on an ongoing
basis. SLLs are defined in this Framework as
Sustainable Finance instruments used for general
corporate purposes that do not require proceeds
to be utilised for eligible assets and projects.
Instead, they will integrate governance criteria
and refer to Oceania’s overall sustainability
credentials. Sustainability-linked instruments link
Oceania’s cost of funding to achieving ambitious
and measurable pre-determined SPTs, that are
selected relative to KPIs central to Oceania’s
sustainability and business strategy.
General Corporate
Purpose Instruments.
Oceania’s sustainability-linked instruments will
be managed in accordance with the most recent
publications of the SLLPs (2022) at the date of
publication of this Framework.
10
Selection of
Key Performance Indicators
The below table gathers the KPIs that are deemed
material to Oceania’s overall sustainability and
business strategy, address relevant environmental,
social and/or governance challenges of Oceania’s
sector, and are under management’s control at the
date of publication of this Framework. The KPIs also
enable assessment and benchmarking of Oceania’s
environmental and social impact, and/or the impact
of environmental and social factors on Oceania’s
financial position.
The KPIs selected are:
• Relevant, core and material to our overall business,
and of high strategic importance to our current
and/or future operations;
• Measurable or quantifiable on a consistent
methodological basis;
• Externally verifiable; and
• Able to be benchmarked, as much as possible,
using an external reference or definitions to
facilitate the assessment of the corresponding SPTs’
level of ambition.
• Identify and select sustainability-related KPIs
among the selected KPIs below, aligned to
Oceania’s strategy (defining the relevant metrics
and units, scope or perimeter and calculation
methodology during such process), as well
as an appropriate baseline for each KPI and
benchmarking against an industry standard,
where feasible;
• Calibrate the SPTs with reference to the most
relevant methodology recommended by the
SLLPs, as to how they will be measured annually,
as well as to the respective action plans to
achieve those SPTs;
• Agree timelines for measuring progress of each
relevant KPI against its corresponding SPTs,
and report and disclose progress to lenders
accordingly;
• Agree commercial terms and potential incentives
once the SPTs are achieved; and
• Review and verify the arrangements of
each structure.
For each new sustainability-linked
transaction, Oceania will:
The sections below provide a high-level overview
of the information to be detailed under each
sustainability-linked transaction.
11
Oceania’s Strategy
Alignment
Material IssueSustainability Goal
Planet
Planet
Minimising the energy our operations use and
the carbon emissions associated with Oceania’s
operations. This could be measured by, but not
limited to, the following metrics:
• Absolute scope 1, 2 and 3 CO2-e emissions;
• Emissions intensity on a square metre, or per
resident, basis;
• Electricity generation from renewable sources
(in kWh).
SDG Alignment
Greenhouse
gas emissions
Waste management Reducing the level of waste to landfill for both
construction and operational activities. This
could be measured by, but not limited to, the
following metrics:
• Volume of waste (kg/ m
2
(gross floor area));
• Diversion from landfill (% diverted);
• Volume of food waste composted
(kg or tonnes).
Planet
Reducing water use or water use intensity. This
could be measured by, but not limited to, the
following metrics:
• Volume of water use (in m
3
, per resident);
• Volume of wastewater generated (in m
3
, per
resident).
Water management
Planet
Energy managementIncreasing energy efficiency or reduce energy
use. This could be measured by, but not limited
to, the following metric(s).
• Electricity consumption (in kWh, on a
per resident basis, on a per m
2
basis).
People
Resident experienceImproving resident experience and quality of
care. This could be measured by, but not limited
to, the following metrics:
• Clinical and wellbeing assessment data for
care residents;
• Net Promoter Score (NPS) or resident
satisfaction surveys.
People
Employee
engagement,
diversity, and
inclusion
Supporting a diverse and inclusive workforce.
This could be measured by, but not limited to,
the following metrics:
• Representation of minority workforce across
different levels (in %);
• Gender diversity across different levels (in %).
12
Calibration of Sustainability
Performance Targets
Having selected suitable KPIs, Oceania will
then pre-identify ambitious SPTs. The SPTs will
be consistent with our business strategy and
Sustainability Framework and determined by
one or more of the following approaches:
• Oceania’s own performance over time - a minimum
of 3 years, where feasible, of historical data on
the selected KPI(s) to assess the possible material
improvement in the respective KPI beyond a
“business as usual” trajectory; and/or
• Oceania’s peers - the SPTs’ relative positioning
versus targets set by, and performance of,
Oceania’s peers, where that data is available and
comparable, or the SPTs’ relative positioning versus
current industry or sector standards; and/or
• Reference to the science - systematic reference
to science-based scenarios, or absolute levels
(e.g. carbon budgets), or to official regional/
country/international targets (e.g. Paris
Agreement on climate change, the Glasgow
Climate Pact, net zero goals, and UN Sustainable
Development Goals) or to recognised best-
available technologies, or other proxies to
determine relevant targets across ESG themes.
The agreed SPT(s) will be calibrated so as
to be ambitious yet achievable, as expected
under the SLLPs. It is Oceania’s intention that,
for each sustainability-linked instrument, the
relevant SPTs be presented to relevant lenders,
along with:
• The SPTs’ relevant timelines for the target
achievement;
• Corresponding KPI baseline(s) and rationale for
those;
• Where relevant, in what situations recalculations or
pro-forma adjustments of baselines will take place;
• Where possible and taking competition and
confidentiality considerations into account, how
Oceania intends to reach such SPTs; and
• Any other pre-identified factors that may impact the
achievement of the SPTs in the context of Oceania’s
business strategy and Sustainability Framework and
that are beyond Oceania’s direct control.
Appropriate KPIs and SPTs will be determined and set
between Oceania and its relevant lender group for
each transaction.
Loan Characteristics
Oceania’s sustainability-linked instruments will
feature financial characteristics that encourage the
implementation of, and ongoing commitment to,
sustainability initiatives that are identified as being
required in order to achieve the relevant SPTs. These
characteristics may include both penalties and incentives
for Oceania in the case of a SLL, as recommended at the
date of publication of this Framework and acknowledging
that Market Standards and market practices may
continue to evolve.
At the inception of each sustainability-linked instrument,
Oceania will disclose to the relevant lenders the specific
SPTs, magnitude of the margin adjustment, trigger
review events, any fallback mechanisms in case the SPTs
cannot be measured, as well as the effective date(s),
timeline and nature of reporting will be detailed in the
relevant documentation for each transaction.
Post issuance, sustainability performance outcomes
against the set SPTs and associated external review
reports will be made available to the lenders.
Reporting and Disclosure
Reporting to lenders, for each corresponding
sustainability-linked instrument, will be provided at
least on an annual basis and, in any case, for any date
or period relevant for assessing the SPT performance
leading to a potential adjustment of the relevant
Sustainable Finance’s financial characteristics.
• Up-to-date information on the performance
of the selected KPIs, including reference to the
baseline where relevant;
• Limited assurance report outlining the
performance against the SPTs and related
impact, and timing of such impact, on each
relevant sustainability-linked instrument;
• Up-to-date information on the performance
of the selected KPIs, including reference to the
baseline where relevant;
Such reporting will include:
13
• Qualitative or quantitative analysis of the main
factors behind the performance/KPI (including
merger & acquisition activities);
• The positive sustainability impacts of the
performance improvement;
• Any re-assessments of KPIs and/or restatement
of the SPTs and/or pro-forma adjustments of
baselines or KPI scope, if relevant.
Information may also include (when feasible
and possible):
Oceania acknowledges the importance of transparency
and will endeavour to disclose summary information
relating to the issuance of sustainability-linked
instruments, as relevant and subject to confidentiality,
on Oceania’s website. Oceania will further continue
to report publicly on its general sustainability
performance in alignment with its business strategy
and Sustainability Framework through its Annual Report
and/or any other relevant reports, as appropriate.
Review and Verification
Oceania will seek external review on the
following, and make reports available to the
relevant lenders:
• Pre-issuance (limited assurance or a second party
opinion):
- The Framework;
- The materiality of Oceania’s selected
KPIs and verification of baseline data;
- The ambition of SPTs;
- Alignment with the Market Standards.
• Post-issuance (annual limited assurance or
independent verification) that includes the following
information:
- Oceania’s performance against the SPTs;
- Any material changes to the KPI methodology
or SPT calibration.
Oceania may disclose external review reports publicly
where deemed appropriate.
As the Market Standards and the global sustainable
finance markets continue to evolve, so too will Oceania’s
approach as it continues to adapt to the changing
environment. Oceania may update this Framework over
time, to remain in line with market best practice. For the
ongoing enhancement of Oceania’s Sustainable Finance
instruments, we welcome feedback and input from
stakeholders as this will support Oceania to deliver on its
sustainability objectives and meet the needs of lenders,
investors, and other stakeholders.
Amending this Framework
14
For the avoidance of doubt, if Oceania fails to
comply with the Framework or satisfy the Market
Standards, then this does not (1) constitute an event
of default or any other breach in relation to the
Sustainable Finance instrument(s), and (2) neither
lenders, investors, nor Oceania have any right for
the Sustainable Finance instrument(s) to be repaid
early. This means there is no legal obligation on
Oceania to comply with the Framework or Market
Standards on an ongoing basis.
However, in the event Oceania fails to comply with
the Framework or satisfy the Market Standards,
then the Sustainable Finance instrument(s)
may cease to be labelled as ‘green’, ‘social’ or
‘sustainable’ (as applicable).
Important Notice
15
Contacts and Information
More information on Oceania’s approach to sustainability can be found:
investor@oceaniahealthcare.co.nz
0800 333 688
oceaniahealthcare.co.nz
Registered office: Level 11, 80 Queen Street, Auckland 1010
Oceania Contacts:
On our website:
https://www.oceaniahealthcare.co.nz/investor-centre/sustainability
In our annual report – Annual Report 2022:
https://images.oceaniahealthcare.co.nz/wp-content/
uploads/2022/06/02114537/2022-Annual-Report-Final.pdf
Kathryn Waugh – Chief Financial Officer
Stephanie Spicer – Head of Sustainability and Corporate Responsibility
16
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