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

Record low interest ensures carbon auction failure
Policy

Record low interest ensures carbon auction failure

It means the govt will have less money for its fiscal plans.

Ian Llewellyn 06 Dec 2023
Negotiations at COP28 likely to affect NZ businesses
Opinion

Belinda Mathers: Negotiations at COP28 likely to affect NZ businesses

Big exporters like Fonterra are under increasing pressure from customers over emissions.

Belinda Mathers 05 Dec 2023
NZ in 'crosshairs' at global COP28 talks
Primary Sector

NZ in 'crosshairs' at global COP28 talks

Agriculture is on the agenda in a major way for the first time.

NZ's aim should be more than 100% renewable generation by 2030 – Ecotricity
Energy

NZ's aim should be more than 100% renewable generation by 2030 – Ecotricity

Around a quarter of Ecotricity's power is generated by its own customers over summer.

Greg Hurrell 04 Dec 2023