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

The race is on to reduce emissions from NZ's livestock
Primary Sector

The race is on to reduce emissions from NZ's livestock

Researchers and investors are tackling the problem from every possible angle.

Greg Hurrell 26 Apr 2024
Carbon-removal registry verifies its first project
Energy

Carbon-removal registry verifies its first project

Milestone could be a step toward fixing an industry recently besieged by controversy.

Bloomberg 25 Apr 2024
Less natural gas use drives NZ emissions down
News in Brief

Less natural gas use drives NZ emissions down

Industry emissions were down overall, but household emissions increased.

Staff reporters 11 Apr 2024