Signatory News

PwC: How is the impact of climate change reflected in the financial statements of the NZX50?

PwC: How is the impact of climate change reflected in the financial statements of the NZX50?

Environmental, Social and Governance factors (ESG) are now one of the key considerations for many stakeholders, including investors.
Climate risk, in particular, is a focus area with a number of investor groups becoming increasingly vocal about how the impacts of climate change are reflected in financial statements.

This report is an analysis of the annual reports of the 31 March 2022 NZX50 reporters. We examine how climate-related impacts on the financial statements are disclosed and how auditors have considered climate-related impacts in key audit matters.

Fletcher Building: Taking the ‘gas’ out of green house: How to cut 270T of residential CO2 down to 39

Fletcher Building: Taking the ‘gas’ out of green house: How to cut 270T of residential CO2 down to 39

The average Kiwi home needs to be seven times more carbon efficient than it is now to meet global 1.5C warming targets. Nikki Mandow checks out a home design that could get us there

Four Fletcher Building 1.5C pilot homes – blueprint houses to help New Zealand reach the global climate change goal of no more than 1.5C of warming – are ready to go to council for building consent.

NZ Post, Fonterra launch alternative fuel trucks

NZ Post, Fonterra launch alternative fuel trucks

New Zealand Post and Fonterra have rolled out electric trucks to help meet carbon emissions targets in their respective fleets.
The NZ Post truck is powered by a hydrogen powered fuel cell, and the Fonterra milk tanker, named Milk-E, runs on batteries

EECA – 6 ways you can help with climate change

EECA – 6 ways you can help with climate change

When it comes to climate change the lifestyle choices we make really do matter. Using less energy and reducing our reliance on fossil fuels is critical to New Zealand meeting our commitments under the Paris Agreement. We all have to pull our weight, together, for this to work.

thinkstep-anz – Moving Faster: building on change

thinkstep-anz – Moving Faster: building on change

The New Zealand building sector is currently facing pressure from many directions. We are a country with high living and building costs. We are in the middle of a housing crisis and a building boom. Like many other countries, we’re struggling with supply. But we must urgently change how we build so we can move towards a zero-carbon future. In this ‘moving faster’ blog, thinkstep-anz Technical Director Jeff Vickers argues that manufacturers need to offer lower-carbon options, specifiers need to choose them, and architects need to optimise design and available materials.

IAG joins Net-Zero Insurance Alliance

IAG joins Net-Zero Insurance Alliance

IAG, New Zealand’s largest general insurer, whose brands include AMI, State and NZI has joined the United Nations convened Net-Zero Insurance Alliance (NZIA) as part of its overall commitment to achieving net zero.

As an NZIA member, IAG joins 28 other leading insurers globally, representing just under 15 per cent of the world’s premium volume.

Meridian Energy set to plug EV charging network gaps

Meridian Energy set to plug EV charging network gaps

Meridian Energy has confirmed it will soon eliminate what it calls “charging deserts” with ten new DC fast chargers for the South Island.

The chargers will be installed with co-funding from the government’s Low Emissions Transport Fund, and they should further help reduce range anxiety worries, opening the possibility of EV ownership to more people.

The days of roaring engines echoing around Queenstown’s canyons could be numbered as a new fleet of electric jet boats is developed.