NZX50 Carbon Insight: which sector performed best?

Emissions are falling – but is it by enough? (Image: NZME)

Wed, 01 Nov 2023

Publicly listed companies are under pressure to reduce their emissions from their board, investors and customers, but how big is the problem? And which sectors are reducing the quickest?The NZX50 contributes an equivalent to 58% of New Zealand’s total annual carbon emissions (tCO2e).Within that, Fonterra’s emissions are the equivalent of 35% of the nation’s 74.3 million tonnes of emissions as of June 30 this year. Other listed dairy companies – a2 Milk and Synlait – emitted 1.6m tonnes of CO2e in their most re...

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