Tower moving HQ to new eco-friendly building

Move is part of company’s efforts to track and hopefully reduce its carbon footprint

Tower moving HQ to new eco-friendly building

Insurance News

By Gabriel Olano

Tower has announced it will be moving its head office to a new six Green Star-rated building in the outskirts of the Auckland central business district. The move is expected to complete in August.

According to a statement from the general insurer, moving into a new eco-friendly office demonstrates its commitment to environmental sustainability.

The office building is located at 136 Fanshawe Street, and surrounded by other leading New Zealand businesses. The facility will be equipped with cutting-edge technology aimed at saving energy and cutting waste.

Aside from the environmental, productivity and agile cultural benefits of the new location, Tower said the longer-term property expenses will be more efficient than other locations considered, including remaining in 45 Queen Street for a similar term, making it “a very compelling option”.

"Moving into our new building also allows the entire head office team to work on the same level, resulting in even greater collaboration and creativity,” said Tower CEO Blair Turnbull. “This will help us to maximise the way we are using our technology to disrupt the insurance industry.”

Turnbull added that the company is conducting a carbon audit to track and report on the company’s environmental impact, and moving into a six Green Star-rated building will help reduce the company’s carbon emissions. 

“We can’t wait to move in to this fresh, new space where we can work with our customers, partners and stakeholders to write the next chapter of Tower’s growth story,” he said.

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