Three companies on the road to a low-carbon economy
-Barbara Nebel, thinkstep-nz This month we introduce you to three New Zealand companies that use different tools to edge closer to a low-carbon economy. Manufacturers Red Stag and Hynds Group and logistics provider FoodCap are making progress against the Government’s new Emission Reduction Plan (ERP). But first, a recap on the ERP. The government released the ERP in May 2022. The plan contains the strategies and policies needed to move all industries, including manufacturing, to a low-emissions economy over the next three decades. It will ensure we reach our national goal: net-zero carbon emissions by 2050. In June issue of NZ Manufacturer, on Page 20, we explained what the plan contains https://issuu.com/mediahawkesbaylimited/docs/nz_manufacturer_june_2022 The ERP affects manufacturers across Aotearoa New Zealand In this article we look at how Red Stag, Hynds Group and FoodCap are managing their products, tackling their carbon footprints and transforming their business models to reduce their environmental impacts. We also see how they are benefitting from these activities commercially. Red Stag: reducing the environmental impacts of its operations and products The ERP encourages businesses to understand and reduce the environmental impacts of their products and services. Rotorua-based timber company Red Stag is already doing this. The company uses on-site biomass boilers to turn wood waste into steam for its drying processes and is a net exporter of renewable electricity to the national grid. Red Stag uses sustainability tools like Life Cycle Assessment and Environmental Product Declarations to create and promote more sustainable products. Before we see how Red Stag is doing this, let’s look at what these tools involve. Life Cycle Assessment (LCA) LCA measures the environmental footprint of a product over its life cycle – from sourcing (and potentially growing) its raw materials, to making the product, to using and disposing of the product at the […]