Climate change

Genesis (NZX:GNE): What is its Sustainable Finance Programme all about?
November 03, 2021 05:41 PM AEDT| By SonalHighlights Genesis has launched a broad Sustainable Finance Programme to support its sustainability goals. The Programme includes a framework, entitling an existing NZX-listed bond (GNE030) as a Green Bond and a NZ$100-million loan. GNE has se.....

Contact (NZX:CEN): Why did it register PDS for green capital bond?
November 02, 2021 02:55 PM AEDT| By SonalHighlights Contact Energy announced making an offer of up to $200 million of green capital bonds to NZ investors. The Group registered a product disclosure statement for the offer on 29 October. Capital Bonds have a maturity of 30 years with t.....

Why these 5 NZX energy stocks can be considered before 2021 ends
November 01, 2021 06:44 PM AEDT| By SonalHighlights NZ will lower net emissions by 50% below gross 2005 levels by 2030. Meridian notified that the suspension of Potline 4 deal has been extended by 31 January 2022. Contact Energy announced plans to issue $200 million worth of green bo.....
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Rio Tinto and BlueScope Steel to explore green energy to reduce carbon footprint
October 30, 2021 01:09 AM AEDT| By AayushAs Australia aims to lower its carbon footprint by 35% below the 2005 level by 2030, big steelmakers are bracing to step up their game. One of Australia’s largest miners, Rio Tinto Limited (ASX:RIO), with a market capitalisation of AU$34.4 mi.....

Can electric batteries help shipping industry go green?
October 30, 2021 12:38 AM AEDT| By Arpit VermaHighlights The global shipping industry is likely to witness a significant rise in its greenhouse gas emissions by 2050. Technological advancements and operational measures are required to help international shipping meet its climate goals. St.....

Genesis (NZX:GNE): What were the highlights of ASM?
October 29, 2021 03:21 PM AEDT| By SonalHighlights Genesis navigated successfully through COVID-19 challenges. The Group’s FY22 guidance stands in the range of $420 million to $440 million. Genesis has committed to eliminate 1.2 million tonnes of carbon emissions by 2025. .....

5 NZX energy stocks helping NZ achieve 2050 carbon neutrality goal
October 29, 2021 12:11 PM AEDT| By Jasmine AnandHighlights New Zealand authorities have outlined a framework for the nation's commitments to become carbon-free by 2050. Meridian Energy responds to EA’s Wholesale Market Review and looks forward to engaging with them for final recommenda.....

Morrison: Australia on track to beat 2030 emissions target
October 28, 2021 07:33 PM AEDT| By AayushHighlights Scott Morrison has said Australia is on track to reduce carbon footprints by 35% below 2005 levels by 2030. According to Morrison, the country has already lowered its carbon emissions by more than 20% from 2005. Some climate e.....
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How are 5 NZX energy stocks performing amid RBNZ’s latest report?
October 26, 2021 08:54 PM AEDT| By SonalOn 26 October, the RBNZ released a report that summarised its actions to diminish and manage the risks related to climate change. Managing its own operational emissions, working directly with RBNZ-regulated entities on climate-related risk managem.....

Genesis (NZX:GNE): How did the Company perform in Q1 FY22?
October 26, 2021 04:12 PM AEDT| By SonalHighlights Genesis continued to support its customers in the lockdown period. Total customer demand was down by 6% in the retail business, while average portfolio costs were down by 37% within the wholesale segment of Genesis in Q1 FY22. Genes.....

Over 100 million people in Africa at risk of climate change?
October 21, 2021 12:20 PM AEDT| By Toshiva JainHighlights A recent report by the World Meteorological Organization suggested that about 1.2 million people had replaced their locations because of storms and floods in Africa. The report further suggested that if the pace remains the same, the.....

Did Mercury NZ (NZX:MCY) go through a lean patch in Q3 2021?
October 20, 2021 03:32 PM AEDT| By SonalHighlights Mercury NZ provided an operational update for Q3 2021 and also on the Tararua Wind Farm. Mercury’s hydro generation stayed below average in Q3 2021, and geothermal generation also declined in the quarter. The Group informed th.....

How are 5 NZX energy stocks aiding clean projects in 2021?
October 19, 2021 05:54 PM AEDT| By SonalHighlights The NZ government has committed $1.3 billion to support countries most exposed to climate change. Trustpower appointed Catherine Thompson as General Manager, Regulatory and Risk, on Tuesday. Z Energy declared that the last day.....

What was New Zealand’s ranking in KPMG’s latest survey?
October 18, 2021 08:53 PM AEDT| By Neha SimpyHighlights In KPMG’s of late released NZRI, NZ has secured ninth position worldwide. The agri-food market has topped in the decarbonisation readiness category. NZ’s pledge towards net zero does not compare with its supply capacity .....
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Contact (NZX:CEN): How did it perform in September month?
October 18, 2021 07:05 PM AEDT| By SonalContact Energy Limited (NZX:CEN;ASX:CEN) is the largest privately owned energy firm in New Zealand. On 18 October, Contact Energy released an operating report for September 2021. The Group revealed that its customer business recorded mass market e.....

How would NZX energy stocks help in driving down emissions?
October 15, 2021 01:02 PM AEDT| By Jasmine AnandLately, the NZ Government released its first emissions reduction plan to the public, to be on track with its commitment to go carbon neutral by 2050. James Shaw, NZ’s Climate Change Minister, revealed that the said plan would help the countr.....
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Impact of climate change policies on housing market
October 14, 2021 08:09 PM AEDT| By AayushClimate change has become one of the most important concerns of humanity at the global level. According to the latest report, “The Impact of Climate Change on Housing and Housing Finance” by the Mortgage Bankers Association, Earth&rsquo.....

England must ‘adapt’ or ‘die’: Environment Agency
October 14, 2021 12:50 PM AEDT| By Toshiva JainWe are standing in front of the biggest crisis ever faced by humanity: climate change. World leaders and industrialists have sworn several pledges. However, the intensity with which waste is accumulated is a lot more than the measures taken to sort.....

How would Contact’s (NZX:CEN) latest deal drive renewable electricity demand?
October 07, 2021 02:21 PM AEDT| By SonalHighlights Contact Energy has signed deals with 2 firms to supply renewable electricity for 10 years. Contact also signed a renewable electricity deal with Genesis in August. The Group aims to increase demand for its renewable electricity by r.....

What is the progress on Southland green hydrogen plant?
October 05, 2021 01:47 PM AEDT| By Neha SimpyHighlights The proposal to create a green hydrogen plant in Southland has been receiving solid interest from both local and global businesses. Recently, Commerce Commission gave its nod to Mercury NZ to acquire the retail business of Trustpower.....