Heartland Group Embraces Climate Action Amidst Economic Challenges

Heartland Group Holdings Ltd. (DE:73X) has released an update.

Heartland Group Holdings Ltd. has released its first Climate Report, highlighting the environmental challenges and the impact of extreme weather on its borrowers in New Zealand and Australia, including those affected by Cyclone Gabrielle and a sharp decline in livestock prices. The report details Heartland’s efforts in integrating climate risk into business decision-making, such as conducting scenario analysis and introducing tools for estimating greenhouse gas emissions. Despite economic pressures, Heartland remains committed to facilitating a transition to a low-emissions future, with initiatives like their Reverse Mortgage product aimed at enhancing climate resilience for older customers.

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