Investors not following through with 'net zero' pledges

David Lewis is the lead author of an investigation into net zero investment. (Image: Supplied)

Tue, 31 Jan 2023

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...

Unlock all stories free for 10 days

Stay informed on business, government and financial developments across New Zealand.

Deeply researched, twice-edited and fact-checked news
Annual subscribers also receive a complimentary subscription to The Wall Street Journal
Personalised email news alerts, plus gift up to 5 stories a month to non-subscribers

We won’t charge for 10 days. You can cancel anytime with two clicks, an email or a phone call. Find out more.

We are serious about journalism.

Name {{ registerForm.errors.get('name') }}

Email address {{ registerForm.errors.get('email') }}

Phone Number {{ registerForm.errors.get('phone') }}

Job Title {{ registerForm.errors.get('title') }}

Password Minimum password length of 8 characters.
Require at least one upper and lowercase, numeric, and special character. {{ registerForm.errors.get('password') }}

Repeat password {{ registerForm.errors.get('password_confirmation') }}

We had trouble validating your card. It's possible your card provider is preventing us from charging the card. Please contact your card provider or customer support.

Credit Card

Cardholder's name

{{ __(plans[index].interval) | capitalize }} {{ plans[index].attributes.old_price | currency }} {{ plans[index].price | currency }}

You will be charged in 10 days unless you cancel beforehand.
We will remind you three times before charging you.
All subscriptions auto renew but are easy to cancel.

I Accept The Terms Of Service

{{ registerForm.errors.get('terms') }}

Tax: {{ taxAmount(selectedPlan) | currency }}

Total Price Including Tax: {{ priceWithTax(selectedPlan) | currency }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerSeat ? '/ '+ spark.seatName : '' }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerTeam ? '/ '+ __('teams.team') : '' }} / {{ __(selectedPlan.interval) | capitalize }}

Business

Meet the US$27 billion CEO. He may actually be worth it

Starbucks hiring Brian Niccol reignites an age-old debate: how much do CEOs matter?

The Wall Street Journal 5:00am

Style & fashion

Beaten and bullied for being trans. Pageant gave her pride

Growth of evangelical churches in Tonga is hardening attitudes toward 'leitis'.

The Washington Post 5:00am

Beaten and bullied for being trans. Pageant gave her pride

Relationships

One husband is enough: older women see no need to remarry

Many don’t want the hassle or financial complications. ‘What would be the point?’

The Wall Street Journal 5:00am

One husband is enough: older women see no need to remarry

Sponsored

Best place in the world to work

Fiji's business events have unique appeal to New Zealanders.

Tourism Fiji

Sponsored

How to determine retirement lifestyle

Managing wealth not just about accumulation, but how to use it.

Milford

More Climate change

News in Brief

Govt adjusts ETS settings, reduces number of NZUs

Climate Change Minister Simon Watts announced on Tuesday that the Government has updated emission trade scheme (ETS) settings to "ensure New Zealand has a more credible market".In a statement, Watts said the coalition Government has "been clear" that it wanted a credible ETS-led...

Staff reporters 20 Aug 2024