Friday, July 1, 2022

Daily Digest: September 16, 2020

‘Comply or explain’ climate risk mandate to be implemented  Yesterday, the Government announced that big New Zealand companies will have to disclose the risk climate change poses to their businesses.

It’s a world-first but this type of climate proofing is already evident in other areas of life as well.

Insurance companies are increasingly looking at risk factors like climate change and earthquakes when assessing risk.

Large global investors in the finance sector are directing funds away from those they see as unfit for our future world.

As an industry that’s governed by the weather, farming needs to move quickly for a number of reasons.

Consumers want to know the products they buy contribute as little as possible to global heating.

The business risks are as real as the climatic risks, so it makes sense to take the temperature of your business, before things heat up too much.

 

Bryan Gibson

 

Climate risk profile now required

Reporting on climate risk will be a mandate the New Zealand financial sector will have to legally meet, with 200 companies required to disclose their exposure to climate risk.

 

 

RMPP programme to boost farm profits

Independent research has revealed the productive benefit of the Red Meat Profit Partnership (RMPP) will lift farm profits by almost $100 million by 2025.

 

 

DOC shifts tahr control focus

The remaining focus of tahr control is shifting to the West Coast and Westland.

 

 

China takes half our meat exports

A 15% rise in the value of beef set a new record for total exports from the meat industry in 2019-20 of $9.4 billion, the latest Meat Industry Association annual report says.

 

 

Low-carbon policy could create job opportunities

A Government commitment to greater use of low-carbon construction has the potential to boost employment and encourage greater processing of the country’s forestry crop, Red Stag Group chief executive Marty Verry says.

 

 

Tonight on Sarah’s Country 

7.10pm – Why are some workers, such as golf course builders, actors and migrant dairy workers, allowed into the country but not shearers, nurses or tractor drivers? Federated Farmers employment spokesperson Chris Lewis explains. 

7.20pm – The Government has announced $500 million to fund the clean up of a waterway. Central Otago high country farmer Andrew Patterson from Matakanui Station attended David Parker and Damien O'Connor's visit.

7.30pm – 2020 has brought numerous challenges that have tested rural communities’ ability to do work and life online. Following the first day of the Rural Connectivity Symposium, TUANZ chief executive Craig Young shares what needs to change to improve connectivity. 

7.40pm – The social media campaign to put pressure on the NZ and Australian governments to find the missing crew from Gulf Livestock 1 has been driven by Fi Baird. She gives us an update.

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