There is a steady irreversible re-wiring of global markets to align with the global transformation to net zero. The global agri-food sector is spinning fast to keep-up and adapt to the growing consumer demand for more sustainable, net zero food.
As global food producers embrace this change and start their journey to net zero we are looking at ways we can help the New Zealand market stay at the front of the pack, stay ahead of the market and take ambitious action on climate change.
There is an early mover advantage to shifting to net zero - but it won't last long.
Our approach to delivering on net zero is based on the carbon mitigation hierarchy:
Reduce - do everything more efficiently
Replace - replace high carbon energy sources with low carbon ones
“Where do we stand? Where do we prioritise?”
“What do we need to change? How do we implement?”
“How do we measure? How do we communicate”
Code Red - Asia Pacific’s Time To Go Green - produced by PwC - describes the current state of play in the Asia Pacific with regards to the vulnerabilities of the region to climate change. It highlights the need for acceleration in decarbonisation efforts through collaboration between Government and business to achieve the 1.5°C Paris Agreement target and reach net zero.
The Building Blocks of Corporate Net Zero Transformation - produced by PwC and commissioned by Microsoft - is the first company research contribution to the Transform to Net Zero initiative.
It sets the scene for what is meant by net zero transformation for businesses and provides a platform that is consistent with the narrative for the work of the Transform to Net Zero initiative.
Rebuild New Zealand: Primary Sector - produced by PwC New Zealand - discusses the opportunities for a more productive, sustainable and resilient primary sector based on selling high-quality, high-value products to global markets with sophisticated and discerning customers and buyers. The report shows that amidst a backdrop of uncertainty, Government and primary sector leaders have never had a greater opportunity to take actions now to grow a stronger and more internationally competitive primary sector to aid New Zealand’s recovery and future prosperity
The Asian Food Challenge: Understanding the New Asian Consumer - produced by PwC and commissioned by Rabobank and TEMASEK - is the second report in this series focussing on the importance of the Asian consumer and highlights the exciting opportunities abound for agri-businesses seeking to satisfy a diverse and fast-evolving set of markets. Asia is set to experience a seismic shift in food trends over the next decade as consumers become more affluent, sophisticated and demanding. This report provides a deeper, more granular understanding of this shift and how businesses can allocate capital efficiently to capture high returns.
PwC will work with its clients to support their efforts to make a net zero future a reality for all. Building on existing client work in sustainability and net zero transformation.
PwC will reduce its emissions in line with a 1.5 degree climate scenario, including a 50% absolute reduction in scope 1 and 2 emissions and a 50% absolute reduction in business travel emissions from a 2019 baseline by 2030. In addition, PwC will accelerate its transition to 100% renewable electricity and to mitigate its impacts today, PwC will continue to offset its emissions through high-quality carbon credits.
PwC will continue its long-standing programme of research and collaboration with business, policy makers, and NGOs to accelerate the transition to netzero economy.
PwC will engage with key suppliers, encouraging and supporting them to achieve net zero. We commit that 50% of our global purchased goods and services suppliers by emissions will have set their own science-based targets to reduce their own climate impact by 2025.
Managing Partner, Te Waipounamu and China Business Group Lead, Canterbury, PwC New Zealand
+64 21 616 232
