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Business leaders call for meaningful climate action

Business leaders call for meaningful climate action

The Climate Leaders' Coalition - whose signatories are responsible for almost 60 percent of the country's greenhouse gas emissions - will today officially launch a Statement of Ambition, which aims for meaningful climate action.

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Ngāi Tahu Farming – These two farms are side-by-side, but one could become the future of dairying

Ngāi Tahu Farming – These two farms are side-by-side, but one could become the future of dairying

A ground-breaking experiment aims to see a Canterbury dairy farm cut 20% of its greenhouse gas emissions and 20% of its nitrate leaching, and could one day change the way Kiwis farm.

Ngāi Tahu Farming, in partnership with Ngāi Tūāhuriri, has been given an $8 million grant through the Ministry for Primary Industries’ Sustainable Food and Fibre Futures fund for a seven-year research programme.

Fonterra replacing coal boiler with wood biomass for Waitoa factory

Fonterra replacing coal boiler with wood biomass for Waitoa factory

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.

IAG welcomes release of National Adaptation Plan

IAG welcomes release of National Adaptation Plan

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.

Seagrass restoration trial could open new front on climate action

Seagrass restoration trial could open new front on climate action

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.

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.