New Zealand: Business
Kiwi cleantech companies on the world stage
27 May 2025
Six New Zealand 'cleantech' companies were in Singapore earlier this month, along with a venture capital firm and the MacDiarmid Institute, to meet investors and multinational partners.
Govt puts off reviewing carbon subsidies
22 May 2025
By Shannon Williams | The government is no longer considering changes to phase-out rates for millions of dollars worth of carbon subsidies to industrial polluters under the Emissions Trading Scheme.
FMA exemption grants compliance relief to climate reporters
7 May 2025
The Financial Markets Authority has signed off on new exemptions giving climate-reporting entities a break from some of their compliance duties.
Govt needs to look at alternatives to free pollution credits for industrial emitters: Commission
11 Apr 2025
The Climate Change Commission says there are “legitimate questions” about hundreds of millions of public money spent on free carbon credits for polluters, and the government should be looking at alternatives.
Experts slam govt decision to wind down green investment bank
9 Apr 2025
The government’s move to scrap its green investment bank is a step backwards for emissions reductions and doesn’t stack up with the National Party’s economic and energy transition strategies, according to sustainable finance experts.
Aspiring Materials opens critical minerals pilot production plant
4 Apr 2025
Cleantech startup Aspiring Materials opened a pilot processing plant for critical minerals in Ōtautahi Christchurch last week.
Risky business – banks must consider climate risks, commissioner says
3 Apr 2025
Banks considering climate risks is prudent business practice, not just environmental activism, according to Parliamentary Commissioner for the Environment Simon Upton.
New bill to block climate litigation ‘constitutional overreach’ - lawyers
27 Mar 2025
Climate and environmental advocates have slammed a National MP’s bill that would block people suing companies for climate damage.
Greenpeace accuses govt of weakening environmental protections to gain trade advantage
13 Mar 2025
The government's Infrastructure Investment Summit kicked off today, with Prime Minister Christopher Luxon opening the summit with a clear message - "New Zealand is open for business".
Saving earthquake-prone buildings could slash emissions
7 Mar 2025
Saving all of Aotearoa New Zealand's seismically-deficient buildings could avoid up to 7.4 megatonnes of carbon emissions, a new study shows.
New tool to help Auckland businesses build climate resilience
28 Feb 2025
Climate Connect Aotearoa has launched a new digital tool called ClimateWise, designed to help small and medium-sized businesses adapt to climate change.
Plan to reduce climate risk reporting 'backward'
18 Feb 2025
Government plans to weaken the climate-related disclosures regime could damage the economy and disadvantage businesses, according to Lawyers for Climate Action.
XRB delays obligations on Scope 3
15 Nov 2024
The External Reporting Board has decided to delay the obligation to report and assure scope 3 emissions - indirect emissions from an organisation's supply chain - but has retained its requirement for climate-reporting entities to publish transition plans.
How nature and business can boost each other
28 Jul 2020
Businesses that add value to nature instead of degrading and destroying it could tap into a $10.1 trillion opportunity which could create 395 million jobs by 2030.
Microsoft can’t achieve climate goals alone
28 Jul 2020
Back in January, Microsoft announced arguably the most ambitious climate plan of any tech company to date.
Think covid-19 disrupted food chain? Wait and see ...
10 Jul 2020
The pandemic has revealed deep flaws in the world’s food system and food leaders are calling for global coordination and climate resilient agriculture.
Jarden puts pedals under pioneer carbon trader
7 Jul 2020
If you’re looking for pioneering carbon dealer Nigel Brunel outside trading hours, chances are you’ll find him somewhere around Auckland on his bike.
Financial disclosure no stand-alone fix, says uni
18 Jun 2020
Financial disclosure of companies’ climate and carbon risk won’t drive change without other measures, new research warns.
Unilever lines up $2 billion to go low-carbon
16 Jun 2020
Climate Leaders’ Coalition member Unilever says it will spend nearly $2 billion globally over the next decade on low-carbon projects ranging from regenerative agriculture to carbon sequestration.
Why world cannot return to 'business as usual'
8 May 2020
Mayors from many of the world’s leading cities have warned there can be no return to “business as usual” in the aftermath of the coronavirus crisis if humanity is to escape catastrophic climate breakdown.
Small businesses get guide to cutting emissions
7 May 2020
Small businesses wanting to cut emissions have a new guide to show them how to do it.
Big Investors show they're keen on green
5 May 2020
Major investors are backing calls to make the covid-19 economic recovery consistent with cutting greenhouse gas emissions.
Big Business backs low-carbon recovery projects
1 May 2020
Big Business is pushing for low-carbon projects to be a priority for covid-19 pandemic recovery funding.
Emissions-fighter invites other businesses to follow
16 Apr 2020
A company that imports insulation panels from Europe wants all small businesses to join it in cutting greenhouse gas emissions.
All companies should have to disclose, says NZX
8 Apr 2020
NZX says every business should have to disclose its climate-risk exposure.
Stage set for surge in sustainable investing
30 Mar 2020
The coronavirus pandemic and its economic fallout will trigger a skyward surge in sustainable, responsible and impactful investing over the next 12 months, says the CEO of one of the world’s largest independent financial advisory organisations.
Investor group tells firms to set out climate crisis plans
6 Mar 2020
An influential group of investors is for the first time demanding that all UK-listed companies disclose how the climate emergency will impact their business.
Xero puts its best (carbon) footprint forward
5 Mar 2020
New Zealand accounting software company Xero says it has completely offset its carbon footprint for the past financial year.
Dire prospects await corporate climate-wreckers
28 Feb 2020
Reputational damage, financial vulnerability and a lack of access to capital are likely impacts on firms that fail to respond to the climate crisis this decade, experts surveyed for a new study say.
Tourism operators ill-informed, says report
27 Feb 2020
Parts of the tourism industry are so ill-informed about what climate change could do to New Zealand that they think the sector could actually benefit from it, a new report says.
JPMorgan Chase to curb fossil fuel loans
27 Feb 2020
JPMorgan Chase, one of the world’s biggest lenders to fossil fuel projects, will curb loans to coal firms and bar the financing of oil and gas developments in the Arctic.
Taxpayers give smelter credits worth $12m
25 Feb 2020
Taxpayer-funded carbon credits were worth $12.1 million last year to Tiwai Point aluminium smelter operator Pacific Aluminium.
Tesla could soon be world’s most valuable company
7 Feb 2020
Tesla shares continue blockbuster surge, with more analysts and investors recognising the trillion dollar-plus potential of the Elon Musk electric car and energy company.
CentrePort goes electric for container tractors
3 Feb 2020
CentrePort is going electric for moving freight around the Wellington port.
CarbonScape in line for major award
3 Feb 2020
Marlborough clean-tech company CarbonScape has been nominated in the Environmental Achievement of the Year category in the annual Tire Technology International Awards.
Investors fight back against climate wreckers
10 Dec 2019
Two strands of action are being taken by investors against the planet’s biggest and most polluting companies to try to coerce them into complying with climate targets.
Why lower emissions mean better business
6 Dec 2019
Companies with high levels of greenhouse gas emissions are worth less than low-emitting companies, says financial analysis and advisory firm Forsyth Barr.
Tell us what you're doing, investors tell govts
2 Dec 2019
Institutional investors will either stay away or demand higher returns in New Zealand and Australia if their governments don’t produce credible, long-term climate investment strategies, a new report says.
New IMF chief urges climate action
2 Dec 2019
New International Monetary Fund chief Kristalina Georgieva tells why global heating is as big a threat to economic stability as another financial crash.
Supermarkets, powercos best at sustainability
25 Nov 2019
Supermarkets and electricity retailers are scoring the highest marks with consumers for sustainability, but none is doing well enough, a new study says.
Wall Street increasingly weighs climate risks
8 Nov 2019
In the wake of two years of wildfires in California, Wall Street is incorporating a new risk metric when evaluating companies: climate resiliency.
Kiwi company pushes one-click carbon offsetting
5 Nov 2019
CarbonClick plans to be as much of a disrupter for carbon offsetting as Xero has been for accounting.
Google donations finance climate deniers
15 Oct 2019
Google has made “substantial” contributions to some of the most notorious climate deniers in Washington despite its insistence that it supports political action on the climate crisis.
Carney gives business two years to make climate rules
10 Oct 2019
Bank of England governor Mark Carney has warned major corporations that they have two years to agree rules for reporting climate risks before global regulators devise their own and make them compulsory.
It's time to 'pull finger', EDS tells politicians
7 Oct 2019
The organisers of a high-powered business and climate change conference in Auckland this week say it is way past time for politicians to come together.
Largest banks lagging in sustainable finance
7 Oct 2019
Most of the world’s 50 largest banks have not made sustainable finance commitments to respond to the risks of climate change and continue to finance fossil fuels, says a new report.
Most big firms likely to miss climate targets
26 Sep 2019
More than four in five of the world’s largest companies are not on track to meet the Paris climate targets for 2050, says a new study.
Banks worth $47 trillion adopt climate principles
25 Sep 2019
Banks with more than $47 trillion in assets, or a third of the global industry, have adopted new UN-backed “responsible banking” principles to fight climate change.
Green fund hires clean-investment banker
24 Sep 2019
A former Bank of America Merrill Lynch vice-president with a background in financing “clean” investment is heading the investment programme of the Government’s Green Investment Fund.
Supermarket happy hour reduces food waste
12 Sep 2019
A Finnish supermarket chain is fighting food waste by offering steep discounts during a late-night happy hour.
Legal experts sue Climate minister over ‘glaring holes’ in climate plan
Wed 11 Jun 2025
By Liz Kivi | Legal experts are taking the government to court over its Emissions Reduction Plan, alleging it fails to fulfil basic requirements of the law – with one of the arguments focussing on an over-reliance on tree-planting.
Electric firebricks: decarbonising high-temperature industrial heat
Fri 13 Jun 2025
By Ian Mason | A new technology could offer a more cost-effective solution than hydrogen to decarbonise one ‘hard-to-abate’ sector of New Zealand’s economy, as well as having ample potential for demand response as the electricity grid becomes more renewable.
Flurry of govt announcements at Fieldays
Thu 12 Jun 2025
The government has come up with a solar energy package for farms, a new grass-fed certification scheme for meat and dairy, and a supplier agreement for carpets in new state homes - all part of the annual flurry of politicians’ Fieldays announcements.
Tech alone won’t save us, warns climate expert
4 Jun 2025
By Shannon Morris-Williams | Technology alone won't be enough to reach net zero emissions, environmental psychologist Lorraine Whitmarsh told the Carbon and Energy Professionals conference in Auckland last week.
“It’s not the car – it’s how we move” – EECA
3 Jun 2025
By Shannon Morris-Williams| New Zealand’s transport emissions conversation has focused heavily on electric vehicles – but Richard Briggs, group manager, delivery and partnerships at the Energy Efficiency and Conservation Authority, says we’re asking the wrong question.
Forestry consents and relaxed rules in erosion zones sow seeds of future disaster
Fri 13 Jun 2025
OPINION: The government’s move to restrict exotic forestry on our best food-growing soils will push even more forestry investment onto high erosion risk land on the East Coast, with the worst land becoming the only land left for the most intensive and destructive land use, writes Manu Caddie
