Case Studies
Armidale Diocese Investment Group (ADIG)
The total invested funds held by ADIG exceed $330 million with a capital base of over $35 million (adig.com.au)
In late 2022, Wyla Sustainability Consulting was engaged by the CEO of ADIG to conduct a Stage 1 Sustainability Strategy Review with the intention to deliver a staged and balanced approach to transition ADIG to become a Gold Standard in Sustainability Practices over time. To develop a meaningful sustainability strategy review that would initiate positive action it was important to get input from key internal stakeholders.
To that end, Wyla Sustainability Consulting developed a sustainability materiality survey which was completed by the ADIG Senior Management Team (SMT), the ADIG Board and the Bishop of the Catholic Diocese of Armidale. The survey included both qualitative and quantitative questions to identify the most important sustainability areas where ADIG to maximise impact and their sphere of influence.
Wyla Sustainability then facilitated a detailed 1-day Board workshop to present the results, and to deepen the understanding and clarity around sustainability for ADIG and agreeing on a direction around sustainability to maximise the environmental, social and economic outcomes. Subsequently, Wyla was engaged to write a cost-effective and pragmatic Sustainability Action Plan which has been endorsed by the Board and ADIG is now on an exciting journey, one of both change and opportunity, to transition and embed sustainability at the heart of everything they do. The project included utilising and reference to the United Nations Sustainable Development Goals to ensure a positive contribution is being made by the organisation.