News

As part of its ongoing commitment to sustainable finance initiatives, Auckland Council has converted an existing $200 million standby facility into its first sustainability linked loan.

The council has also executed a sustainability linked derivative for $120 million, making it the first council in New Zealand to do so.

Events such as floods, droughts, and storms cause a lot of damage to societies and economies, but can we quantify the role of climate change in the impact of these events?

“The climate crisis is changing the frequency of these events, and they are becoming more intense and more damaging to the economy,” says Professor Ilan Noy, Chair in the Economics of Disasters and Climate Change at Te Herenga Waka—Victoria University of Wellington’s Wellington School of Business and Government.

Electrifying changes are afoot for its sustainability strategy
Businesses around New Zealand are embracing change, adapting and evolving to new challenges and demands — one of the most pressing being the issue of sustainability. For a company with a long and storied history, rather than rest on its legacy (or, perhaps, because of it) NZ Post’s vision is firmly in the future — with its commitment to shifting to electric vehicles propelling its sustainability strategy forward.

Zespri is seeking expressions of interest from growers and
post-harvest for a SunGold Kiwifruit Carbon-Zero trial that
will start June 2022 and run for two full seasons

New Zealand-grown beef, with a net carbon zero footprint, goes on sale in US stores this month, the culmination of a two-year pilot to prove contributing farms sequester more carbon than they emit.

From Monday, consumers of selected New York and Los Angeles supermarkets will be able to buy Silver Fern Farms (SFF) branded net carbon zero Angus ribeye, New York strip steaks, ground beef and other cuts, for which farmers will receive a premium.

Yesterday the Intergovernmental Panel on Climate Change (IPCC) released their latest report on the impacts we’re seeing from climate change and the need for us to adapt quickly.

One clear solution to biodiversity loss and climate change is to integrate green spaces into urban buildings, as well as between them, as they have done successfully in Singapore.

Transpower today launched a national consultation on the concept of Renewable Energy Zones and a potential pilot project in Northland.

Transpower General Manager External Affairs, Raewyn Moss, said Renewable Energy Zones (REZs) are a way of providing electricity infrastructure that lifts the amount of renewable energy available to New Zealanders.

Auckland Council will spend $1 billion mitigating climate change including planting rākau and buying a fleet of 79 hydrogen or electric buses, if its latest Climate Action plan (Te Tāruke-Ā-Tāwhiri) is approved.

New Zealand Milk Products (NZMP) has recently picked up some new awards for its Organic Butter – Carbonzero Certified.

NZMP is Fonterra’s brand of dairy ingredients and solutions, providing one of the broadest dairy ingredient offerings in the world.

More than 100 years ago, Fonterra’s Waitoa site had New Zealand’s largest fleet of electric milk trucks. Fast-forward to 2022, the site is set to welcome New Zealand’s first modern electric milk tanker. 

Co-funding from the Energy Efficiency and Conservation Authority (EECA) through the Low Emissions Transport Fund (LETF) will enable Z Energy (Z) to take a significant step forward in the scaling up of its EV charging network by supporting EV charging capability at seven Z sites.