Small Business and Manufacturing Minister Andrew Bayly and Climate Change Minister Simon Watts have unveiled a new set of tools aimed at enhancing New Zealand's manufacturing sector while reducing its carbon footprint.
“Manufacturing is a sleeping giant for New Zealand’s economy; with the right tools and support, manufacturing has the potential to supercharge our economic growth,” Mr. Bayly stated. He highlighted that the sector contributes 10% of the nation's GDP, generates 60% of exports, and provides jobs for 230,000 people. Furthermore, the sector is responsible for about a quarter of the country’s business-led research and development, marking it as a key innovation driver.
The ministers introduced an online climate action toolbox, designed to help manufacturers transition to low-carbon operations. The toolbox features an emissions calculator to assist businesses in setting targets and tracking progress, alongside tailored plans and practical advice on reducing carbon intensity.
“We’ve also released a comprehensive report and dataset that outline the sector’s emissions and waste patterns. This resource will allow researchers and entrepreneurs to identify current trends and areas for innovation,” Mr. Bayly explained.
Minister Watts acknowledged the sector’s progress but emphasized the need for continued effort. “The manufacturing sector is making strides towards our climate targets, but there’s more work to be done. The new tools will provide essential data and guidance for businesses to further reduce their emissions,” he said.
The initiative aligns with the Government’s Climate Strategy, which focuses on leveraging technology and innovation to drive economic growth, improve productivity, and meet climate goals. The goal is to support manufacturers in adapting their operations while enhancing their green credentials and capitalizing on the global demand for low-carbon products.