Business

New Zealand’s leading businesses take up the climate change challenge

New Zealand’s leading businesses take up the climate change challenge

Sixty businesses, making up nearly fifty percent of New Zealand’s emissions, have joined forces to tackle the issue of climate change, and are calling for other leaders to join them.

On a mission to reduce emissions in New Zealand, the group of 60 CEOs have formed the Climate Leaders Coalition, recognising the role that businesses can play in bringing about change and signing a joint statement, which commits their companies to action.

The goal of the new group - which includes the leaders of Z, Westpac, Ngai Tahu Holdings, Vector, Air New Zealand, Spark and NZ Post - is to help New Zealand transition to a low emissions economy and, in doing so, create a positive future for New Zealanders, business, and the economy.

Z Energy’s own CEO, Mike Bennetts, is convenor of the Climate Leaders Coalition and leading the collective commitment by business to drive the transition to a low emissions economy.

“I knew that many businesses were making progress with their own company’s response to climate change but that still left a gap around what we could be doing more of together to increase the pace and scale of impact from our collective efforts. 

“So, it made sense to discuss those opportunities and commit to further action. At the very least that is a common commitment that we can all be held accountable for and provides other businesses with the confidence to lean into their own responses knowing they are not alone in doing that,” said Mike.

By signing the CEO Climate Change Statement, each of the business leaders have committed to measuring and reporting their greenhouse gas emissions and working with suppliers to reduce emissions, with the aim of helping to keep global warming within two degrees, as specified in the Paris Agreement.

Within the second part of the CEO Climate Change Statement, business leaders cement their support for the Paris Agreement and New Zealand’s commitment to it, and back the introduction of a Climate Commission along with the establishment of carbon budgets, enshrined in law.

Business owners looking to commit to action on climate change and play their part in the transition to a low emissions economy can find out more about the CEO Climate Change Statement, by visiting  www.climateleaderscoalition.org.nz or by getting in touch with Z and having a chat to Mike.

Insert CEO Climate Change Statement and company logos [sent as separate doc]