... MACs are required to operate according to te ao Māori, or the Māori worldview, which in practice sees them operating against a triple bottom line, balancing economic imperatives with social and environmental wellbeing. Because of this requirement and the shareholde’s demands to have this verified, most MACs have Māori beliefs, values, and behaviours at the core of their strategic documentation, with a few also reporting on the status of their operations.
What
Mauri Manaaki
“
KIPs can address a growing demand for impact data and provide automated solutions for some management practices (process/systems data). This includes those related to geospatial requirements, which are part of many assurance systems, such as assessment of property boundaries, stock holding infrastructure, river crossings, etc.
”
Generating comprehensive environmental intelligence would enable hapū and iwi to engage more effectively with regional councils and central government on resource management issues, advocate for sustainability policies, and ensure their interests are represented.
Māori land trusts, incorporations, and iwi rūnanga managing farming and forestry operations would benefit from detailed data for continuous improvement, transparency, accountability, cultural alignment, and informed decision-making. This data also helps these entities meet their environmental reporting obligations, ensuring compliance and demonstrating commitment to environmental stewardship.
Additionally, environmental data can enhance branding and marketing efforts, appealing to consumers who prioritize sustainably produced products. For those performing well environmentally, this data can secure favourable loans and investments from the sustainable finance sector, providing alternative funding pathways. As detailed environmental reporting becomes compulsory, a Kaitiaki Intelligence Platform could generate significant revenue through data sales, supporting further investments in sustainability initiatives.
KIP Report: Meeting the Needs of the Sustainable Finance Sector: Informing the Kaitiaki Intelligence
Platform Design.
Table 1: Major types of ESG frameworks used in sustainable finance sector
