Addressing climate change

In November 2019, the New Zealand Government passed the Climate Change Response (Zero Carbon) Amendment Act. The headline goal is to reduce New Zealand’s net emissions of all greenhouse gases (except biogenic methane) to zero by 2050.

The challenge of increased future demand for electricity – and the pressures this will place on infrastructure – is being faced by networks across the country. We are a member of the Electricity Networks Association and, as an industry, we’re working on solutions.

 

All electricity distribution businesses need to be ready when the government announces new regulations to address climate change.

The most testing part for the Network team is understanding what these regulations will involve and ensuring any development work is not done on a ‘just-in-time’ basis.

But we are already making changes now, by building improvements into our work so we’re modelling the load and considering upsizing for step-change growth

Climate Leaders Coalition

As part of Eastland Group, and along with our shareholder Trust Tairāwhiti, we’ve been a member of the Climate Leaders Coalition since 2019.

The Climate Leaders Coalition aims to help New Zealand transition to a low emissions economy and create a positive future for New Zealanders, businesses and the economy.

By joining the CLC, signatories commit to measuring their greenhouse gas emissions, publicly reporting on these and setting emissions reduction targets.

Trust Tairāwhiti have also identified regional climate leadership as a priority in their strategic plan, Te Aka Rautaki Ki Te Tau 2026.

Together we’re working alongside other leading New Zealand companies to play our part in tackling climate change. We also hope to encourage other local businesses to step up and join us.

Group-wide sustainability policy

Since then we have formalised our sustainability framework, including the development of a comprehensive strategy, commitments, initiatives, policy and a supplier code of conduct. 

For every one of our business sectors, across all our current assets and future projects, we must work hard each day to find the right balance between People, Place and Prosperity to ensure a more sustainable Eastland Group.

This requires:

  • Meaningful and transparent reporting
  • Challenging ‘business as usual’ decision-making
  • Empowering sustainability champions.
  • Upskilling staff on sustainability knowledge and practices
  • Collaborating with like-minded entities

At its core, our sustainability framework is made up of three commitments. Six sustainability initiatives cover more than 20 activities and KPIs.

This year we introduced a supplier code of conduct, which sets expectations to help change behaviours in the supply chain. We’re using this as a point of engagement with major suppliers and contractors, and encouraging them to use less and waste less. Full details are available below.

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