New Zealand companies make climate commitments

Major companies representing 36 percent of New Zealand’s private sector GDP will prioritise the development of low carbon precincts and increasing energy efficiency as part of post-Paris actions to reduce emissions and mitigate climate change.

They have also called on the central government to ensure cross-party support for a business-led transition to a low carbon-economy.

BusinessNZ’s Major Companies Group and Sustainable Business Council issued the call as part of a Business Brief on Climate Change released this week. The brief sets out the groups’ agenda for leading the transition to a low-carbon economy.

It also calls for the government to negotiate “an ambitious, inclusive post-2020 global climate agreement” at COP21 in Paris next month.

BusinessNZ also simultaneously released the results of its Climate Survey, which showed that two-thirds of its member companies already have emissions reduction targets in place.