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New Zealand: Business

More in New Zealand: Business
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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.

Mark Carney

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.

Gary Taylor

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.

Jason Patrick

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.

Mike Bennetts

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.

LSE reclassifies oil and gas producers

4 Jul 2019

Oil and gas companies listed on the London Stock Exchange have been reclassified under a non-renewable energy category in a move designed to distinguish between heavily polluting companies and greener producers.

Farm co-op makes it 100 for climate coalition

24 Jun 2019

Farmer co-operative LIC is the 100th organisation to join the Climate Leaders’ Coalition.

KELP KILLING: Fortunes being made from seaweed harvest

13 Jun 2019

Growing awareness of the climate crisis and a shift to plant-based diets have turned kelp farming into a thriving industry.

Only one firm signs up to investor guidelines

6 Jun 2019

Just one New Zealand company has signed up to international guidelines on disclosing climate exposure to investors.

Why scarred millennials want to punish business

29 May 2019

Years of economic uncertainty, growing inequality and fear of an inhospitable planet have created two generations prepared to punish companies whose motives they suspect, a new survey shows.

Bosch pledges to be carbon neutral by 2020

14 May 2019

The German conglomerate Bosch has promised to make its entire business carbon neutral by 2020.

Investment firms issue climate warnings

13 May 2019

Two major financial companies are issuing warnings to investors over climate change.

Mark Carney

Banks hear they can't ignore climate dangers

23 Apr 2019

The global financial system faces an existential threat from climate change and must take urgent steps to reform, the governors of the Bank of England and France’s central bank have warned.

Thomas Song

Carbon market pioneer Thomas Song dies

16 Apr 2019

A New Zealand carbon market pioneer has died.

Amazon employees push Bezos to get busy

15 Apr 2019

More than 4500 Amazon employees have urged the company to take aggressive action on climate change and reduce its carbon footprint.

Reserve Bank joins Pacific climate initiative

8 Apr 2019

New Zealand’s Reserve Bank is joining central banks across the Pacific in preparing for the impacts of climate change on the region’s monetary systems.

Power companies eye EV-charging potential

8 Apr 2019

With electric vehicle sales climbing, utilities are investing in thousands of new EV charging stations, recognising that if they don't move now, they could lose out on a growing and increasingly competitive market.

Saudi oil company world's most profitable business

4 Apr 2019

Saudi Arabia’s state oil company has emerged as the most profitable business in the world, racking up profits of $111.1bn in 2018 to overtake Apple.

What Warren Buffett thinks about climate change

26 Mar 2019

Warren Buffett’s home state of Nebraska is dealing with the aftermath of record flooding, but don’t expect the billionaire investor to jump to the conclusion that climate change is responsible.

Big emitters join hands to buy carbon forests

15 Mar 2019

Four of New Zealand’s largest emitters are joining forces to supply their own carbon credits to meet obligations under the Emissions Trading Scheme.

Sorry, says expert, but Bitcoin can't be green

15 Mar 2019

Bitcoin can’t be green – even when it is powered by renewable energy, an expert says.

Report puts boardrooms on carbon liabilty notice

26 Feb 2019

The days of ignoring carbon prices and the risks associated with climate change are over, businesses are being told.

Insurers warn of slump in property prices

26 Feb 2019

Insurers say there is a risk of a climate change-related slump in property prices leading to financial turmoil.

Sustainability grows on private equity companies

26 Feb 2019

A new PwC survey has found that responsible investment and sustainable development are become more of a priority for private equity companies.

Why Gen Z has real power to influence business

29 Jan 2019

Armed with social media and growing economic clout, Gen Z is best positioned to influence business practices, rather than global climate agreements.

NZX firms drag chain on sustainable reporting

26 Nov 2018

Companies on the New Zealand Stock Exchange have a long way to go on sustainable reporting, a new report shows.

Campaigners take aim at NZ-owned banks

22 Nov 2018

Three New Zealand-owned banks are the new targets of anti-fossil-fuel campaigners.

Big Business backs cuts to industry emissions

21 Nov 2018

A coalition of business leaders known as the Energy Transitions Commission has backed proposals for radical changes to industries, including steel, cement, shipping and aviation, to cut their greenhouse gas emissions.

Blockchain takes politics out of carbon play

15 Nov 2018

Businesses will soon be able to price and trade carbon without the help of governments by using blockchain technology, says a social enterprise about to launch a new carbon platform.

FUNDING FUTURE: Why green will rule over brown

15 Nov 2018

Directors of companies in the “brown” economy might struggle to attract money as investors switch to the green economy, says Chapman Tripp.

Bitcoin mining takes twice the effort

7 Nov 2018

The amount of energy required to mine one dollar’s worth of bitcoin is more than twice that required to mine the same value of copper, gold or platinum.

Wayne Swan

OPINION: It would help if companies paid their taxes

6 Nov 2018

By WAYNE SWAN | Less fiscal revenue means less money for vital infrastructure and less money to prepare for the effects of natural disasters.

Pioneering carbon investment fund opens doors

24 Oct 2018

A carbon investment fund six years in the making is open for business.

New power group takes aim at finance system

23 Oct 2018

Key companies and government officials are joining forces to prepare New Zealand’s financial system for the low-carbon economy.

Recycle grant helps firm to take back products

19 Oct 2018

An Auckland company which promises to take back its products has won a Government grant to help it to recycle.

Eva Collins

Make nature your business, urges academic

28 Sep 2018

Companies are being told to take a hard look at what they can do for New Zealand’s struggling biodiversity – because it’s good for business.

New report criticises slow disclosure

28 Sep 2018

Another report just released says companies are slow to disclose the financial implications of climate risk for their businesses.

Corporate tree-planting not always a good thing

28 Sep 2018

Eager-to-please businesses might earn goodwill by planting trees, but sometimes their actions are not good news for the planet.

Businesses make it to EECA finals

13 Sep 2018

Finalists in this year’s EECA Business Awards range from the country’s largest company to a thermal hot-pool operator.

Politics
More Politics >
Phill Hooper told the Greypower Ashburton audience that "spending hundreds of thousands of dollars on emission monitoring and reduction for the Ashburton District Council is a waste of money.

Ashburton councillor opposes climate strategy he voted for

Wed 17 Sep 2025

Jonathan Leask, Local Democracy Reporter | Incumbent Ashburton councillor Phill Hooper says he doesn’t want to waste money on a climate change strategy, despite voting for the policy a few weeks ago.

Energy
More Energy >

Govt tweaks offshore energy bill with 'declared areas' model

Wed 17 Sep 2025

By Shannon Morris-Williams | The Government is making changes to the Offshore Renewable Energy Bill to address offshore wind developers' concerns about competing for space with other industries.

Agriculture
More Agriculture >

International scientists slam NZ govt's proposed approach to methane

13 Aug 2025

New Zealand's proposed approach to methane emissions has again been attacked by international climate scientists, with a new study saying the attempt to redefine climate target-setting by livestock-exporting countries undermines the transition to a sustainable and equitable food system

Carbon emissions
More Carbon emissions >
Vector reduced fugitive methane emissions using 'gas sniffer trucks' to find leaks in its gas distribution network

Vector hits emissions reduction goal five years early

5 Sep 2025

By Liz Kivi | Auckland lines company Vector has met its 2030 emissions reduction reduction target five years early, more than halving its direct emissions, and crediting innovation and a laser-focus for its success in a hard-to-abate sector.

Transport
More Transport >

NZ needs to be part of a regional SAF strategy: Z, Air NZ

9 Sep 2025

By Pattrick Smellie | New Zealand needs to be part of a regional strategic approach to sourcing sustainable aviation fuel (SAF), with domestic production less the aim than ensuring access to the fuel from one of a number of strategically positioned bio-refineries around the world.

Forestry
More Forestry >

Indigenous forest 'islands' could help transition exotic plantations to native bush

11 Sep 2025

Native forest 'islands' within exotic plantations might be the key to transitioning plantations from exotic to Indigenous, according to new research.

More in New Zealand: Business
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