Waste Management NZ Limited (WM New Zealand) has converted its entire debt financing into a sustainability-linked loan (SLL), the second largest SLL transaction in Aotearoa New Zealand to date at NZ$1.1bn. WM New Zealand Managing Director Evan Maehl says this is a...
ASB’s latest Sustainable Economics report released today shows New Zealand’s energy usage will need to become heavily electrified if the country is to meet its net zero by 2050 emissions target. With 70% of emissions in the target’s scope related to fossil fuel energy...
Mission Electric progresses as Auckland Transport (AT) today welcomed the first double decker electric bus to the Auckland bus fleet. Mayor of Auckland, Wayne Brown, joined AT’s Chief Executive Dean Kimpton and Kinetic’s Managing Director for New Zealand, Calum...
A new electric boiler at Mataura Valley Milk is now fully operational, completing the plant’s conversion from a coal-fired manufacturing process to an electric one. It’ll eliminate about 22,000 tonnes of CO2 equivalent emissions annually and establish Mataura Valley...
Air New Zealand has launched a global open invitation to innovators and start-ups in the sustainable aviation fuel (SAF) sector to become a supply partner to the airline. It is the first time an airline has made a global call to potential suppliers in the burgeoning...
Meridian Energy staff will soon be travelling to work across Lake Manapouri in an electric hydro-foiling ferry instead of a diesel powered vessel. The Swedish-designed Candela P-12 ferry would save 240 tons of carbon emissions each year – equivalent to taking 52...
Synlait Milk Limited (Synlait) has joined Nestlé in a unique three-way partnership with its farmer suppliers to help fund innovative on-farm emissions reduction tools. The partnership is focused on pragmatic on-farm solutions that improve efficiency, such as effluent...
In an industry first, Fonterra’s ingredients and solutions brand, NZMP, has launched a tool to help customers access the emissions profile of individual New Zealand NZMP products.
Four New Zealand businesses have come together to trial using hydrogen in an aviation setting for the first time in Aotearoa.
Retirement village operator Summerset Group Holdings Limited today released its Sustainability Review and Climate-Related Disclosures FY23 document alongside their FY23 Annual Report. Summerset Chief Executive Scott Scoullar said reporting on sustainability is not new...
Co-funded by the Energy Efficiency & Conservation Authority (EECA), the initiative with Swire Shipping will see the deployment of battery electric trucks for the first and last mile transportation of products, with low emission coastal shipping for ocean freight....
Auckland Airport’s work to cut carbon emissions has been recognised with a Level 4 Airport Carbon Accreditation from Airports Council International (ACI), putting it among the world’s leading airports in terms of sustainability. Of the 555 airports globally holding an...