Carbon catch-up: Briscoes looking for a more reliable way to reduce its energy emissions

Carbon catch-up: Briscoes looking for a more reliable way to reduce its energy emissions
Briscoes says it is investigating rooftop solar for its stores. (Image: NZME)
Greg Hurrell
The weather gods smiled on Briscoe Group for its first mandatory climate disclosure year.The group reported a 40% drop in scope 1 and 2 emissions for the 2024 year but most of that was out of its control.As it happened, fossil fuel use to generate electricity on the national grid was low so renewable energy generation increased.It's one of 11 NZX50 companies that reported a more than 40% drop in scope 2 emissions in the 2023-24 financial years.Other companies benefitting from benign hydro conditions include Channel Infrastructure, Chorus, P...

More Finance

Trump-trading boosts NZX Bitcoin ETF volumes
Finance

Trump-trading boosts NZX Bitcoin ETF volumes

President-elect Donald Trump wants to make the US ‘the crypto capital of the planet’.

Geneva's Quest Insurance cops RBNZ warning
Finance

Geneva's Quest Insurance cops RBNZ warning

Quest may also have made misleading statements on its website, the central bank said.

Pattrick Smellie 12 Nov 2024
Moran responds to news of MBIE investigation
Finance

Moran responds to news of MBIE investigation

An MBIE unit is investigating whether two companies were mismanaged.

Garth Bray 12 Nov 2024