Fonterra is replacing a coal boiler at its Waitoa factory in the Waikato with a wood biomass boiler as part of its goal to achieve net zero emissions at its manufacturing sites by 2050.
The co-operative celebrated turning the first sod at Waitoa on Thursday with Te Tumuaki o Te Kīngitanga and local iwi Ngāti Hauā. Work will begin on the new boiler installation later this year, and it is expected to be up and running in November next year.
Air New Zealand has taken another important step on its Flight NZ0 journey by setting an ambitious science-based target to reduce carbon emissions by 2030.
IAG welcomes the release of the National Adaptation Plan, but more needs to be done to keep New Zealanders safe.
Amanda Whiting, CEO IAG New Zealand says, “The NAP is a great start in our response to the impacts of climate change and includes a wide range of activity that will help grow our ability to adapt. But we need to be much more specific about the steps we will take to adapt and how they will be paid for.
By the end of next year, banks which do not have carbon footprint calculators embedded in their retail banking apps will be hurting, says Ben Gleisner, founder of Wellington-based tech company Cogo.
A seagrass restoration case study is being launched in Nelson that could see the results benefiting the survival of the flowering marine plant across New Zealand.
Nelson-based research organisation Cawthron Institute has teamed up with Westpac NZ Government Innovation Fund, Port Nelson and forestry company OneFortyOne to launch a seagrass restoration project aiming to fight climate change and improve ecosystem health.
Interest-free Westpac Warm Up loans expanded with aim of $100m in lending
Sustainable Agribusiness Loan pilot set to begin
Westpac Group signs up to Net-Zero Banking Alliance
Responsible Banking and Investment Position released
Episode one of Newsroom’s new podcast, Net Zero: The Road to 2050 tells the story of how a tough design challenge for Emirates Team NZ engineering staff provided a huge boost for green hydrogen technology – in just nine months I Made in collaboration with EY.
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.
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.
Mike Bennetts is chief executive of petrol retailer Z Energy. Here he reflects on five years as the founding convenor of the Climate Leaders Coalition, as he steps down from the role.
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
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.