Net Balance and ECO-Buy merge

by Terence Jeyaretnam

Net Balance is very excited to announce that we have merged with ECO-Buy Ltd. The combining of their sustainable supply chain and our sustainable procurement advisory services, will create Australia’s largest sustainable supply chain consulting group.

The merger, which was finalised last week following a number of successful partnerships between the two organisations, creates significant opportunities to enhance positive impact and service delivery to Australian government and organisations through more effective management of supply chain risks and creation of opportunities for positive social and environmental impact.

This is an exciting new chapter for ECO-Buy and Net Balance – and what is most exciting about it is the impact we are together hoping to catalyse in using procurement and supply chains as a vehicle for efficiency, improved environmental and social outcomes, and significant value creation in local communities in Australia and abroad.

Mike Hill, Foundation Chair of ECO-Buy said that “the ECO-Buy Board was thrilled that after five years of operating as a not-for-profit, ECO-Buy had emerged as a player in the commercial world. Our intention had always been to show that an agency promoting sustainable purchasing needed to be a part of the procurement scene and this merger has brought that objective to fulfilment”.

Additionally, the merger provides the opportunity to expand the ECO-Buy membership base, as well as offer new member services, drawing on Net Balance’s broader sustainability expertise (e.g. carbon accounting and environmental metrics, social impact measurement, stakeholder engagement, economics and policy analysis).

To learn more about Eco-Buy visit their website at

http://www.ecobuy.org.au/

  ECO-Buy Board, staff and Net Balance Director Terence Jeyaretnam following the final signing of documents to complete the merger. (From left to right - Back row: ECO-Buy CEO Hugh Wareham, Mick Ulbrick, Chair Mike Hill, John Nolan, Company Secretary Caroline Bayliss. Front row:Bill Forest, Terence Jeyaretnam, Alan Pears)

 

ECO-Buy Board, staff and Net Balance Director Terence Jeyaretnam following the final signing of documents to complete the merger.

(From left to right - Back row: ECO-Buy CEO Hugh Wareham, Mick Ulbrick, Chair Mike Hill, John Nolan, Company Secretary Caroline Bayliss. Front row:Bill Forest, Terence Jeyaretnam, Alan Pears)

Terence Jeyaretnam is a Director of Net Balance (terence@netbalance.com), 
one of the world’s leading sustainability advisory firms.
Terence is based in Melbourne.