Photo: Supplied, Pixabay
COP27, the UN's climate conference, is drawing to a close in Egypt - leaving delegates from nearly 200 countries with the job of settling on an agreement that lays out the ways forward for tackling the climate crisis. Back home, companies that form part of the Climate Leaders' Coalition - and are responsible for some 60 per cent of New Zealand's emissions - have released their fourth annual snapshot of how they're doing. The Coalition was launched in 2018 and its 93 signatories represent 34 per cent of GDP and have turnover of $126b. The Snapshot Report looks at the progress signatories have made in delivering on lowering emissions and investing in climate action. This year's report says despite tough economic conditions almost all signatories have re-affirmed or increased their planned investment against last year's collective commitment to invest $9.5 billion over a five-year horizon to reduce emissions. The Coalition's convenor is Jolie Hodson - also head of the telco Spark.
