Climate Change Data

Environmental Metrics

ESG Focus Areas

• Economic Development

Social Achievements

• The region scores highly on measures of wellbeing related to education, environment, safety and life satisfaction.

Climate Goals & Targets

Environmental Challenges

• Reliance on a few key sectors has exposed the region to sharp drops in the global prices for minerals and milk powder.
• The West Coast experienced solid growth for many years but is currently facing the double threat of low coal and dairy prices.
• The region is performing below national averages on some indicators of prosperity.
• The region’s labour force participation rate declined between 2007 and 2015.
• The region’s employment rate also fell over the period.
• Limited population growth and, more recently, a decline in the population.
• The West Coast is not very ethnically diverse.
• The West Coast’s economy is forecast to grow relatively slowly under a business-as-usual scenario.

Mitigation Strategies

• The Government is committed to raising Māori economic performance through He kai kei aku ringa the Crown Māori Economic Growth Partnership and the Regional Growth Programme.
• The Government is investing around $78 million in a new hospital and integrated family health centre in Greymouth.

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• flooding and landslides

Environmental Metrics

ESG Focus Areas

• Environmental Sustainability
• Inclusiveness

Environmental Achievements

• Industry aims to halve net CO2 emissions by 2050 compared to 2005 baseline
• Progress in reducing aviation emissions through improved fuel efficiency and carbon offsetting schemes

Social Achievements

• Tourism industry is a major job creator, particularly for women and in developing countries
• Increased focus on sustainable tourism practices to benefit local communities

Governance Achievements

• Increased collaboration between governments, international organizations, and the private sector to improve travel and tourism competitiveness and security

Climate Goals & Targets

Environmental Challenges

• Environmental degradation (deforestation, overfishing, pollution)
• Geopolitical insecurity and terrorism
• Lack of infrastructure investment
• Talent shortages in the tourism industry
• Outdated travel systems (visas, airport processes)
• Airport monopolies leading to high costs

Mitigation Strategies

• Development of sustainable alternative fuels for aviation
• Modernization of airspace management infrastructure
• Investment in tourism education and training programs
• Adoption of digital technologies to improve travel facilitation and security
• Promoting competition among airport operators
• Visa liberalization policies

Climate-Related Risks & Opportunities

UN Sustainable Development Goals

• Goal 8

Tourism contributes to several SDGs, including Goal 8 (Decent Work and Economic Growth)

Sustainable Products & Innovation

• Sustainable alternative fuels for aviation

Environmental Metrics

ESG Focus Areas

• Environmental Sustainability
• Social Sustainability

Environmental Achievements

• Increased awareness of sustainable travel options among consumers
• Development of sustainable travel products by T&T companies
• Growth of sustainable travel products in the post-COVID recovery

Social Achievements

• Increased focus on worker rights and inclusive labor policies
• Growing demand for sustainable travel options that support local economies and communities

Governance Achievements

• Increased focus on transparency and reporting standards in the T&T industry

Climate Goals & Targets

Environmental Challenges

• Say-do gap: discrepancy between consumer intentions and actions regarding sustainable travel
• Limited availability of sustainable travel products
• Lack of awareness among consumers about sustainable options
• Low credibility of sustainability claims
• Price premium associated with sustainable travel
• Cumbersome purchasing experience
• Lack of rewards or acknowledgment for sustainable choices
• Lack of standardization and precision in carbon calculation methodologies

Mitigation Strategies

• Develop more sustainable travel products and test them in the market
• Share success stories and effective techniques
• Ensure alignment on reporting standards and emissions calculations
• Introduce comprehensive sustainable travel packages
• Align with vendors and supply-chain players on sustainability initiatives
• Work with local governments and communities to improve awareness
• Educate employees on sustainability mission and offerings
• Provide more information about sustainable products on platforms
• Share data and insights on booking behavior
• Provide transparency on methodology behind emissions calculations

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Safety
• Security
• Resilience
• Sustainability
• Workforce Diversity
• Māori-Crown Relations

Social Achievements

• Established Ngā Rau o te Ao Hou (Māori reference group) to advise on Māori rights, interests, and opportunities in the air navigation system.

Governance Achievements

• Recommendation for a ministerially appointed interim and permanent Aviation Council with whole-of-system oversight.

Climate Goals & Targets

Environmental Challenges

• Increasing airspace congestion with multiple new users (drones, urban air mobility)
• Competition for inward investment in innovation
• Climate change impacts on airports
• Cybersecurity threats
• Capacity and capability pressures on the air navigation system workforce
• Traditional funding models hindering long-term infrastructure investment
• Lack of collaboration across aviation and air navigation system organizations

Mitigation Strategies

• Recommendations for improved system leadership, governance, and funding
• Recommendations for strengthening system security and resilience
• Recommendations for engaging with iwi Māori to address their rights and interests
• Recommendations for developing a workforce strategy to address skills gaps and improve diversity
• Recommendations for strengthening regulatory infrastructure to support innovation

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• Severe weather events
• Sea level rise threatening airport infrastructure

Opportunities

• Development of energy-efficient products and alternative fuels

Environmental Metrics

ESG Focus Areas

• Sustainability

Climate Goals & Targets

Environmental Challenges

• Cost pressures
• Geopolitical factors
• Sustainability concerns
• Duty of care for travelers
• Persistent inflation
• China’s slower recovery
• Ongoing geopolitical tensions including wars and regional conflicts
• National elections
• Natural disasters

Mitigation Strategies

• Technology advancements (including artificial intelligence)
• Faster disinflation
• Stronger U.S. growth
• Productivity advancements from technology

Supply Chain Management

Climate-Related Risks & Opportunities