New Zealand businesses are being pressed to see climate action as a source of competitive strength. The push comes ahead of the Climate Change and Business Conference in Auckland on 8–9 September.
Organisers say the narrative must move away from regulation and towards resilience. The gathering will examine how companies can translate sustainability into growth.
Maintaining Momentum in the Low-Emissions Transition
Mike Burrell, Chief Executive of the Sustainable Business Council (SBC) and Climate Leaders Coalition (CLC), warned that businesses cannot afford to lose momentum in the transition to a low-emissions economy.
“We recently crossed a symbolic threshold,” Burrell said. “We are now closer to 2050 than the year 2000. For business, this isn’t just a calendar milestone, it’s a wake-up call. Climate strategy is no longer optional, it’s central to New Zealand’s economic credibility.”
Global Corporates Driving Climate Action
Burrell’s warning comes as international corporates continue to back climate action despite political and economic headwinds. A recent World Business Council for Sustainable Development (WBCSD) survey found:
- 91% of leaders maintained or increased net-zero investment
- 56% cited long-term competitiveness as their main driver
- 94% said supportive policy is crucial
- 96% stressed that governments must remain committed
“These figures show that in the face of rising uncertainty, international corporates aren’t stepping back from the transition, they’re leaning in, because they realise it makes good economic sense to do so,” Burrell said. “New Zealand must do the same.”
The Risks of Falling Behind
“Losing momentum now would not only jeopardise our climate goals, but also our trade relationships, business competitiveness, and economic future,” he said.
Business Leadership in Climate Innovation
According to Burrell, members of SBC and CLC are investing heavily in decarbonisation and innovation.
“From developing wind and solar farms, to replacing coal fire operations with electric options, offering sustainability-linked finance choices, investing in research to support breeding climate-smart livestock, allocating capital to climate-focused projects and slashing emissions as fast as they can electrify their fleets. Our members are looking for, and importantly, delivering climate-focused solutions and innovations right across their businesses,” he said.
“Our businesses are not just talking about change; they’re actively driving it,” he said.
Turning Climate Challenge into Business Opportunity
Burrell also highlighted analysis from PwC, Boston Consulting Group, and the Productivity Commission showing that the transition to a low-emissions economy could deliver major economic gains.
“Recent reports … have all highlighted the economic potential of the transition. Now is the time for business and government to harness these economic advantages and ensure a future where all New Zealanders can thrive,” he said.
The Climate Change and Business Conference in September will bring together local and international experts to showcase solutions, technologies, and leadership examples.