Carbon News - Intelligence for the carbon market


Directors face climate liability, says report

Friday - New legal analysis shows that company directors in at least four Commonwealth countries must take action to address material climate risk or face legal and reputational risk.

Plight of the bees hits unaware businesses

Tuesday - Declining numbers of bees, butterflies and midges could leave companies facing the prospect of reduced crop quality and a shortage of raw materials.

MEMO BUSINESS: Ignore carbon liability at our peril

10 Apr 18 - Businesses ignore carbon liability at the country’s peril, an international investment organisation is warning.

FOSSIL FAIL: Report points finger at Big Four banks

29 Mar 18 - All four of New Zealand’s largest banks have received fail marks in a new climate change report analysing bank lending to fossil-fuel investments.

Bloomberg praises EU drive for green finance

27 Mar 18 - Capital markets are “one of the most powerful tools in the fight against climate change” which is often “overlooked”, says billionaire philanthropist Michael Bloomberg.

Adidas has sold a million shoes made of plastic from the ocean

20 Mar 18 - Adidas chief executive Kasper Rorsted has let slip that his company last year sold one million shoes made out of ocean plastic.

How stock market could help fight climate change

12 Mar 18 - Finance experts are trying to figure out how to integrate environment, social and governance factors into investment planning by comparing returns of carbon-efficient and carbon-inefficient portfolios.

Business seeks closer access to climate talks

19 Feb 18 - Business lobbies in Europe and the US are pushing for a distinct, direct and formalised “business channel” into UN climate negotiations.

Why now's the time for businesses to cost carbon

13 Feb 18 - Businesses are being told to price carbon into their forecasts now – regardless of whether they currently face a carbon price.

Big companies back circular economy moves

8 Feb 18 - A new global initiative to foster the circular economy principles has been backed by more than 30 major international companies.

Ikea buys 25,000 acres of sustainable forestry

7 Feb 18 - Swedish multinational Ikea has announced it is buying 25,000 acres of forest in Alabama.

Musk could pocket $95b if Tesla's dreams come true

26 Jan 18 - Tesla president and CEO Elon Musk stands to reap the word’s biggest ever payday – $US70 billion ($NZ95b) by some estimates – if he can deliver on his company's new 10-year performance plan.

Corporates winning race to become 100% renewable

26 Jan 18 - The RE100 group of multinational companies pledging to run entirely on renewable energy has made astonishing progress over the past year.

Coca-Cola launches ‘World Without Waste’ campaign

26 Jan 18 - Coca-Cola has pledged to collect and recycle the equivalent of 100 per cent of its packaging worldwide and to mak its bottles using at least 50 per cent recycled plastic by 2030.

Lloyd's of London latest to divest from coal

23 Jan 18 - Lloyd’s of London, the world’s oldest insurance market, has become the latest financial firm to announce that it plans to stop investing in coal companies.

Here's to a happy (and low-carbon) Christmas

15 Dec 17 - It has been a busy year – domestic carbon prices climbed nearly $3, New Zealand ratified the Paris Agreement and pledged to be carbon-neutral by 2050, and, for the first time, climate change was an...

Insurance giant dumps investments in tar sands

14 Dec 17 - One of the world’s biggest financial services companies is both dumping investments and ending insurance for controversial US oil pipelines.

Big investors put pressure on carbon emitters

13 Dec 17 - The biggest New Zealand and Australia institutional investors are among more than 225 global investors with more than $37.5 trillion in assets under management promising to “engage” the world’s...

Business chiefs call for carbon transparency

11 Dec 17 - Leading chief financial officers, chairs of pension funds and the chief executives of global accounting bodies – including one from New Zealand - are calling for transparency about carbon exposure.

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