A new electric van was purchased last year, thanks to the Meridian Community Decarbonisation Fund, showing how important sustainability and the environment are to this organisation.
How does a business like Nourished for Nil measure the social impact of its services?
In close collaboration with Nourished for Nil, Deloitte’s Sustainability and Climate team conducted a Sustainable Return on Investment (SROI) analysis, which leverages frameworks from the UN Development Programme.
This analysis demonstrated the significant social impact of Nourished for Nil’s services and helped secure a pathway toward financial independence.
The analysis revealed that for every $1 invested, Nourished for Nil generates $8.80 in social value.
In 2024, Nourished for Nil distributed food to more than 89,000 families as well as rescuing 1,042,114 kg of food from landfill.
Last week, Te Rehe Solar Network, founded by Stewart Financial Group, announced the addition of Nourished for Nil to its community solar initiative.
The partnership will help power the organisation’s Hastings operations with locally-sourced sustainable energy.
The collaboration “aligns perfectly” with Nourished for Nil’s operating hours, allowing maximum use of solar energy.
The Stewart and Buddo families, both local members of Te Rehe Solar Network, have already initiated a monthly energy gifting program, with the goal of community members contributing enough surplus solar energy to significantly reduce or eliminate Nourished for Nil’s energy costs.