4. The NZ Group Inc. sees no show by 2050 by Paul McBeth



[ad_1]

A group of 60 companies that have committed to a new climate change initiative will tackle shared problems along their supply chains rather than continuing to go it alone.

The new Climate Leaders Coalition – signed by Z Energy, Fonterra Cooperative Group and Westpac New Zealand to name a few – accounts for almost half of New Zealand's emissions and helps reduce The country's carbon footprint. Z Energy's General Manager, Mike Bennetts, who is already preparing his transportation fuels company for a fossil fuel-free future, has signed the commitment of 60 CEOs to measure and report their emissions. and work with their suppliers to reduce emissions in order to limit global warming to less than two degrees, in accordance with the Paris Agreement.

Bennetts says that he does not want to cut the work of other groups, such as the Sustainable Business Council, and that he wants to emulate the success of the Health and Safety Leadership Forum. Company, where companies come together to take meaningful steps to reduce the level of harm to the work.

"There is a whole series of things that we could do collectively, and instead of Z doing the strange thing, Z combining its resources with potentially up to 60 other companies means we can do more so more focused than any of us. off and do a little bit of everything, "Bennetts said.

For Z, the signatories offer obvious links with the supply chain such as Air New Zealand, Auckland, Wellington and Christchurch airports, transportation and logistics companies TIL Logistics, Freightways and Toll and Toyota automaker. .

The Statistics New Zealand / Ministry of Environment 2017 report shows that local greenhouse gas emissions increased by 24% between 1990 and 2015, mainly before 2005, mainly because of road transport and of agricultural production. . It was higher on a net basis at 64% because of higher operating rates.

The New Zealand government is currently consulting on the Zero Carbon Bill, which proposes significant emission reductions by 2050 under the leadership of Climate Change Minister James. Shaw.

Over the weekend, the One Planet Sovereign Wealth Fund Group, which includes the New Zealand Superannuation Fund among its members, unveiled a new framework for long-term investment and investment. ownership of assets related to climate change.

James Renwick, a professor at the School of Geography, Environment and Earth Sciences at Victoria University, said that the group of business leaders had the potential to make a significant difference in reducing emissions. 2050 goal.

"The CLC Group is responsible for a sizeable fraction of the country's carbon dioxide emissions from transportation, energy production and the industrial use of fossil fuels" said Mr. Renwick. "These are the sectors where emissions growth has been fastest over the past two decades, so it's exciting to see companies tackling emissions in this area."

[ad_2]
Source link