Port of Tauranga describes its response to climate change in its annual Climate-related Disclosures report, first published in 2024 under new rules for NZX-listed companies.
The report outlines:
- Governance – oversight of the Port's response to climate change by the management team and Board of Directors
- Risk management – how the Port identifies, assesses and manages climate-related risk
- Strategy – the current and future impacts of climate change and the transition to a low-emissions economy (and what we are doing about them)
- Metrics and targets – the Port's current emissions inventory, its decarbonisation plan and targets
The Port has mapped its emissions inventory and assessed risks and opportunities across its value chain:
The Port has examined how it might perform under a range of potential futures, drawing on scenarios developed by the agricultural, transport and energy sectors:
- Orderly: global warming is kept to 1.4 degrees Celsius by 2100
- Disorderly: global warming is kept to 2.6 degrees Celsius by 2100
- Hothouse: global warming reaches 3.9 degrees Celsius by 2100.
Risks and opportunities
The climate-related risks and opportunities identified for Port of Tauranga include:
| Direct physical risks | Indirect physical risks (value chain) |
|---|---|
|
|
| Direct transition opportunities | Indirect transition opportunities (value chain) |
|---|---|
|
|
Metrics and targets
In the 2024 financial year, Port of Tauranga reduced overall emissions by 3.9% and emissions intensity (CO2e per cargo tonne) remained steady at 0.74.
Absolute Scope 1 and 2 emissions were 18,020 t CO₂e, down 3.9% from the previous reporting period (18,758 t CO2e).
