Welcome to Net Balance
Net Balance is a different kind of company.
The Net Balance team is made up of energetic, passionate individuals who see sustainability as core business, presenting exciting opportunities for innovation, industry leadership, risk management, and cost reduction. That’s why Net Balance has become one of the leading providers of sustainability advice and assurance in Australia.
I asked Terence a number of questions to find out what inspired his work to create this company and what he thinks can inspire other sustainability practitioners.
Because the company I was with at the time, URS, decided to step away globally from providing assurance to sustainability reports due to litigation fears. This was, and has been, my area of passion for the past 15 years, and I needed an entity to house my interests. Besides, it presented an opportunity for a unique experiment in setting up a company – one that measures, offsets and reports its sustainability performance, has a strong focus on non-profit work and is based on a strong set of values. The experiment has been a phenomenal success so far, proving that there is indeed much room for sustainable business models.
Editor’s note: As a time management guru, Terence typed up his reply to my questions while in the air between Sydney and Melbourne so he lacked the capacity to check the list of resources I provided in a recent post.
Jud, again, as I’m in the middle of the air, I can’t see your list, but my key resource (and to an extent the only resource) is my brain. I find that one of the fundamental issues (even with sustainability) is that we do not use our brains as much as we could. Lazy brains lead to lazy people and a lazy planet – I’m not saying that my brain is not lazy – it is, and it does try very hard to coast, but I keep challenging the possibilities!
Editor’s note: Wow. Insights like this are exactly why I started this blog. That was not what I was getting at with my question but it provides a great wake up call. What is your first point of call when you have a hard decision to make or a complex problem to solve? Do you make a conscious effort to extend yourself and make the most of your own mind? Consider the sheer volume of information you can access. It quickly becomes clear that it is your discerning mind that will actually make sense of it all and turn it into a useful resource. Thanks Terence, excellent point.
The possibility that we may leave this planet to our kids just the way we found it. When I was a child (which by the way was not that long ago!), there was very little waste, very little pollution and much more time in the day. I would like to give the place back the way I found it – and the reason my work continues to get me out of bed very early every morning is that it has the potential to change large institutions and create much more change than I could ever achieve on my own.
Two things. Most companies that I have worked with have improved their performance each year and have gone from strength to strength. This makes me proud. Secondly, I’m proud of what Net Balance has done as a company – ticked most boxes in a sustainability journey from day one. Hopefully, it will inspire other sustainability and engineering companies to practice what they believe is good for business and reap the rewards.
Editor’s note: The impressive list of clients that Net Balance has managed to support along their sustainability journey can be found here. Some high profile clients include Fosters Group, Bunnings Warehouse and BHP Billiton.
The next sustainability practitioner to be profiled will be freelance writer Leon Gettler of Fairfax, G Magazine and Sox First fame. Do you have anyone you would recommend I try to profile on this blog? If so please feel free to add a comment below.