This week we were proud to announce another year of solid growth as we helped a record number of Kiwis into homes. The SBS Group, which includes our subsidiaries SBS Insurance, SBS Wealth and Finance Now, announced a surplus before tax of $56.6 million for the year ending 31 March 2024, an increase of $5.1 million or 10 per cent on the previous year.
Exciting news for SBS Bank
28 June 2024
The SBS Group has reached two major milestones this week with our achievement of Toitū CarbonReduce™ and making our first public Climate-Related Disclosure.
While reducing our emissions has been a focus in our operations, this is the first time the SBS Group has achieved this certification along with assurance on our emissions disclosures. Our Climate-Related Disclosure details how SBS addresses climate-related risks and opportunities. This milestone is not the end, rather the end of the beginning of our continued journey in sustainability and climate-management.
We have also published our 2024 Annual Report on our website this week, so check out the Disclosure Statements page on the SBS website to find out more about how SBS provides benefits back to its members and our purpose of Helping Kiwis find a place to call home.
