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A banker from ASB Bank, with his ASB badge, and a person from Tether, in a Tether T-shirt, stand side by side in a street holding up a laptop showing Better Buildings. Along the street behind them stand an office, a warehouse, a cold store, a retail store, a shopping centre and an aged care home.

Our story

We believe better-performing buildings are better for business.

Better Buildings exists because owners had to stitch together advice, suppliers and finance themselves. Here's why we built it, and who's behind it.

New Zealand's buildings hold enormous untapped potential.

Using energy better can mean lower operating costs. But it can also mean more resilient businesses, greater energy security, better-performing assets and buildings that are better prepared for the future.

The problem wasn't a lack of opportunity. It was making that opportunity visible, and making it easy enough to act on.

A clay office building with its windows dark, and around it, apart and unconnected, a clipboard of advice, a stack of supplier quotes and a pile of coins with a bank card.

Tether could see it in the data. ASB Bank could see it in conversations with businesses and property owners.

Too often, understanding how a building performed, identifying what could be improved, building the case for investment and finding the finance to make it happen were separate conversations.

So we decided to connect them.

Together, Tether and ASB Bank built Better Buildings: a simpler pathway from understanding how a building performs, to identifying what could make it better, building confidence to invest, taking action and proving the result.

Because improving a building shouldn't just be a sustainability decision. It should be a good business decision.

A better building shouldn't be a leap of faith. It should be a business decision.

What we believe

Start with the business case.

Every building is different. We find where the opportunity is, what it could save and whether it's worth pursuing.

Know how much to trust the numbers.

Start with ranges, replace them with real figures as they're verified, and show how much confidence to place in them. If the numbers don't stack up, we'll tell you.

Make the decision easy to stand behind.

Owners, boards, finance teams and banks should be able to work from the same case, with the costs, savings and assumptions clear to everyone.

Prove the result.

The business case only matters if the savings show up. We stay with you after the work is done, tracking performance against the plan.

Better buildings happen when the right expertise comes together.

Knowing what a building needs is one thing. Knowing what's worth doing, how to pay for it, and whether it's delivered is another. For most owners, those conversations have happened in different rooms. Better Buildings brings them together.

A clay model of an office building between a building sensor on one side and a stack of coins with a bank card on the other, each joined to it by a thin gold line.
Better Buildings, supported by ASB
  • Tether knows buildings.

    Its technology and specialists help owners understand how their buildings are performing, identify what's worth improving and prove the results. Tether builds and runs Better Buildings, and its specialists and assessors are the people you'll work with.

  • ASB Bank knows finance.

    ASB Bank provides sustainable finance to help owners act on the opportunities Better Buildings identifies. When you're ready to explore finance, your ASB Bank relationship manager is there to help.

How the partnership works

  • Better Buildings is built and run by Tether.

    Tether owns the platform and works directly with you to understand your building and identify, deliver and track improvements.

  • ASB Bank provides the finance expertise.

    Eligible owners can choose to explore finance with ASB Bank, but ASB Bank doesn't own the Better Buildings platform or your data.

  • You don't need to bank with ASB Bank.

    Better Buildings is open to any eligible building owner.

  • Your data stays yours.

    ASB Bank only receives your data if you choose to apply for finance, and only the information you approve as part of your Evidence Pack.

  • One process, with a clear choice about finance.

    Better Buildings helps you build the business case and decide how to fund it. If ASB Bank finance is right for you, ASB Bank is there to help.

Read the important information

Better buildings are better for everyone in them.

A building that runs well doesn't just cost less. It's more comfortable for the people who work in it, more reliable for the people who depend on it, and easier on the planet we all share.

And every building that gets better makes the next one easier. That's how a whole city's buildings change: one good business case at a time.

A row of clay commercial buildings, the first lit and fitted with solar panels, the light spreading along the row to the ones still dark.

A few things we'll always do.

  • We'll be honest about the numbers,

    even when the answer is "not yet."

  • We'll keep your data yours,

    and only share it when you say so.

  • We'll stay with you after the works are done,

    because that's where the saving shows up.

Let's find your building's business case.

It takes a few minutes, it's free, and you'll see what opportunities are worth exploring, even if the honest answer is that now isn't the right time.

Explore my building's potentialTalk to us