1 minute read
on the couch
with
Why
Is
it important to invest in environmental projects?
We have an important role to play in supporting and driving environmental outcomes. Not only that, but as our business is impacted by climate change, we have a responsibility and a vested interest in doing so. We are also part of the community, and have a commitment to supporting them, whether that’s through our community grants programme, our partnership with Habitat for Humanity, or our seagrass restoration partnership with Cawthron Institute – it’s integral to what we do – and an example of the benefits of wider collaboration.
What high-level industry insights are you seeing in the sector, in the shift to a more sustainable future?
It’s great to see the likes of Fonterra and Genesis looking at how they can transition from coal to wood for fuel. In the industry, we call this ‘residue’. The recent storm events have highlighted the impact slash can have, but if managed well, slash and wood waste could be seen as part of the solution rather than a problem and help organisations transition away from coal. OneFortyOne’s NZ forests business is currently collecting slash and waste that can be used as a biofuel and we believe there’s huge potential for a biofuel market in our region.