Rising emissions intensity isn't the full business story

Rising emissions intensity isn't the full business story
Fletcher Building's and Freightways' reported emissions have become more intense. (Image: NZME)
Greg Hurrell
Last year, Auckland airport’s total emissions shot up 289% from 21,202 tonnes of CO2 equivalent in 2021 to 82,534 tCO2e in 2022.If that seemed a huge jump, it was dwarfed by the colossal 3,030% increase in total emissions from 2022 to 2023, when it reached 2.58 million tCO2e. From the June 30, 2021, to the 2023 financial years, Auckland airport’s emissions intensity – measured in tonnes of CO2 equivalent to a million dollars of revenue (tCO2e/$m) – rose by 5,372%.But as with other NZX50 companies that have reported...

More Sustainable Finance

PM's summit hastens new overseas investor regime
Policy

PM's summit hastens new overseas investor regime

Cabinet has agreed to liberalise the foreign investor regime in time for a March summit.

Pattrick Smellie 12 Feb 2025
Bank lending isn't ‘woke’, say critics of NZ First bill
Sustainable Finance

Bank lending isn't ‘woke’, say critics of NZ First bill

Risk management remains the primary driver of bank lending decisions.

Greg Hurrell 12 Feb 2025
Fed Farmers has 'no proof' of collusion, ANZ says
Primary Sector

Fed Farmers has 'no proof' of collusion, ANZ says

Federated Farmers has called on NZ banks to pull out of the Net Zero Banking Alliance.

Greg Hurrell 17 Jan 2025
BlackRock writes down fund after SolarZero collapse
Finance

BlackRock writes down fund after SolarZero collapse

SolarZero was placed into liquidation in November. 

Staff reporters 01 Jan 2025