Farm performance – the dollars and the cents



Farm productivity, profitability and resilience were in focus at the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) 2015 Outlook Conference today in Canberra.

Sasha Courville, NAB’s Head of Corporate Responsibility Strategy, outlined NAB’s Natural Value strategy in a session on investing in natural capital in agribusiness.

Ms Courville said that Australian farmers recognise more than anyone that a healthy environment and a healthy business go hand in hand.

“As the issue of resource scarcity becomes more apparent, businesses are recognising the need to better manage and account for natural capital.

“Many case studies from around the world illustrate that farmers and businesses that understand and invest in their natural capital assets reap benefits including improved security of supply, profitability and increased business resilience,” she said.

Natural Value is NAB’s term around how we start to value and recognise the contribution of nature to us and our economy, including water, good soil and minimising run-off .

The inclusion of Natural Value is part of NAB’s journey towards understanding natural capital risks and opportunities, and integrating natural capital considerations into our day-to-day decision making processes and risk assessments.

A recent survey of over 5,000 farming customers found that 74 per cent had made changes to their businesses as a result of natural resource sustainability in the past two to three years.



Related Articles

  • Climate

NAB backs new renewable wind farm in Far North Queensland

NAB today announced it is the only Australian bank providing project finance for global renewable energy power producer Neoen to build a $370 million wind energy hub in Far North Queensland.

  • 20.09.2021
  • Time to read 2 min read
  • Community

BBQs at the ready for Western Australia’s first AFL Grand Final

Australia’s favourite past time of firing up the BBQ will be in overdrive this weekend with Western Australians expected to spend big and celebrate hard.

  • 20.09.2021
  • Time to read 3 min read
  • Economy

NAB CEO Opening Statement to the House of Representatives Standing Committee on Economics

Current forecasts show 80 per cent of eligible Australians will have had their first jab within three weeks, and their second jab by mid-November. This is our light at the end of the tunnel.

  • 08.09.2021
  • Time to read 4 min read

Quick links

National Australia Bank — NAB

Sometimes When The Unexpected Happens, We Realise What We Truly Value. Whether A Home, Farm, Business Or Your Passion, NAB Is Here To Support You.

Business Research and Insights

For more business news and analysis, visit NAB’s Business Research and Insights.