New Zealand: Business
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.
How KiwiSaver funds could green the enconomy
3 Sep 2019
An organisation which believes billions of dollars’ worth of KiwiSaver funds are ripe for ethical investing says the sector is at a tipping point.
Big Four's free credits top $1 billion mark
13 Aug 2019
Four companies have been given a total of more than $1 billion worth of free carbon credits in the latest round of subsidies under the Emissions Trading Scheme.
Firms celebrate reduced carbon footprints
8 Aug 2019
A print shop, a company supplying uniforms, a skincare product manufacturer, a district council and a health board have taken the top prizes in the Enviro-Mark Solutions Awards announced in Auckland this morning.
Insurance companies turn away from coal
6 Aug 2019
Insurance companies are refusing to cover power companies using coal and are extending the ban to coal-mining, analytics company GlobalData says.
Moody's makes move on climate change risks
6 Aug 2019
Moody's, one of the main agencies that rates the creditworthiness of big borrowers, including cities and corporations, has brought on board a data firm specializing in climate risks.
BlackRock drops $90b investing in fossil fuels
2 Aug 2019
BlackRock, the world’s biggest investor, has lost an estimated $90 billion over the past decade by ignoring the financial risk of investing in fossil fuel companies.
Report ranks fashion brands for toxic textiles
30 Jul 2019
An investigation of 14 clothing corporations, each with household-name brands, reveals the inadequacies of greening the fashion industry.
Big Business wants cross-party support for ZCB
24 Jul 2019
Companies responsible for nearly two-thirds of New Zealand’s greenhouse gas emissions are calling for cross-party support of zero-carbon legislation.
NZ, India touch on climate and energy at leaders' meeting
Tue 18 Mar 2025
Prime Minister Christopher Luxon and Indian Prime Minister Narendra Modi detailed plans for further cooperation between the two countries across a range of areas including climate and energy during their meeting in New Delhi this week.
If NZ wants to decarbonise energy, we need to know which renewables deliver the best payback
Fri 21 Mar 2025
By Alan Brent and Isabella Pimentel Pincelli | A national energy strategy for Aotearoa New Zealand was meant to be ready at the end of last year. As it stands, we're still waiting for a cohesive, all-encompassing plan to meet the country's energy demand today and in the future.
Fonterra linked to illegal deforestation, claims Greenpeace
5 Mar 2025
Dairy giant Fonterra's supply chain is linked with illegal deforestation, according to Greenpeace Aotearoa, after New Zealand's major importers of palm kernel have been found to be illegally operating palm plantations in Indonesia.
Consultation on standard for measuring biogas and biomethane carbon intensity
19 Feb 2025
As biomethane and biogas become more common, New Zealand needs a consistent approach to measuring the carbon intensity of these fuels, according to the Bioenergy Association.
Logging train revival to help 'deteriorating' Napier-Taihape road
29 Jan 2025
By Linda Hall, Local Democracy Reporter | Logging trains are back on the tracks running five days a week on the Napier-Palmerston North line to Napier Port, taking trucks off the 'deteriorating' Napier-Taihape Rd.
Carbon credit deal to provide windfall for Maori landowners
Fri 21 Mar 2025
By Moana Ellis, Local Democracy Reporting | An isolated Maori Land Trust in the central North Island has sealed a groundbreaking carbon credit deal, securing millions for its 4000 owners and tens of thousands of beneficiaries.
