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CLC and SBC: National Adaptation Plan critical framework for building New Zealand’s climate resilience
The Sustainable Business Council (SBC) and Climate Leaders Coalition (CLC) welcome the release of the Government’s first National Adaptation Plan (NAP) as the first step to develop an effective and enduring adaptation response for Aotearoa New Zealand.
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.
Climate Leaders Coalition launches new Statement of Ambition, appoints new CEO Convenor
The Climate Leaders Coalition is tonight officially launching a new Statement of Ambition to accelerate business action on climate change. “Just as domestic and international climate science and policy has advanced significantly since we drafted the 2017 and 2019...
CLC & SBC PR: Business outlines recommendations for effective and enduring adaptation response
The Sustainable Business Council (SBC) and the Climate Leaders Coalition (CLC) have made a series of recommendations for accelerating adaptation in Aotearoa New Zealand in their joint submission to the Government’s Draft National Adaptation Plan and Managed Retreat Proposals.
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Westpac NZ launches personal loan for EVs and e-bikes
Westpac NZ has launched a new low-interest personal loan to support more New Zealanders to buy a range of electric vehicles, including EVs, e-bikes, e-scooters and e-mopeds.
The loan is available at 6.99% per annum, and enables applicants to borrow up to $50,000 for up to five years.
EECA kicks off EV smart charger discussions
The Energy Efficiency and Conservation Authority (EECA), is calling for submissions from the public on a new green paper about improving the performance of electric vehicle charging, including smart chargers.
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 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 second airline globally to announce ambitious science-based emissions reduction target
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 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.
CLC and SBC: National Adaptation Plan critical framework for building New Zealand’s climate resilience
The Sustainable Business Council (SBC) and Climate Leaders Coalition (CLC) welcome the release of the Government’s first National Adaptation Plan (NAP) as the first step to develop an effective and enduring adaptation response for Aotearoa New Zealand.
Future of banking: Check your balance, and your carbon footprint
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.
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.
Westpac NZ announces package of sustainability initiatives
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
EY: Green hydrogen – How Team NZ tech is helping us power ahead
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.
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.