Investors not following through with 'net zero' pledges

Investors not following through with 'net zero' pledges
David Lewis is the lead author of an investigation into net zero investment. (Image: Supplied)
Greg Hurrell
Many of the bold promises from investors to set net-zero targets in 2021 have not been acted on, a follow-up survey has found.Back then, 89% of respondents expressed an intention to explore a net-zero pledge through international frameworks. But there had been only three new pledges and four new net zero targets set since then.The second annual survey from the Aotearoa New Zealand Investor Coalition for Net Zero was released in full last week.The 50 respondents in the survey collectively manage $331 billion in assets, or 73% of the estimated to...

More Climate change

BlackRock gives foreign investment a bad name
Opinion

Pattrick Smellie: BlackRock gives foreign investment a bad name

If it had set out to be disliked in NZ, BlackRock would be succeeding handsomely.

Pattrick Smellie 13 Jan 2025
How an antacid for the ocean could cool the Earth
Climate change

How an antacid for the ocean could cool the Earth

Technique removes atmospheric carbon, prevents ocean acidification.

Earth likely exceeded 1.5C threshold in 2024
Climate change

Earth likely exceeded 1.5C threshold in 2024

2024 was NZ's 10th hottest year since 1909.

Greg Hurrell 08 Jan 2025
NZ Post is pulling its climate weight, for now
Environment Carbon Catch-up

NZ Post is pulling its climate weight, for now

Company says net-zero by 2050 is a more scientific goal than carbon neutral by 2030.

Jem Traylen 23 Dec 2024