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22 April 2022
To celebrate Earth Day today New Zealand’s largest locally owned life insurer Fidelity Life has formalised its commitment to a lower carbon future with the achievement of Toitū carbonreduce certification.
Fidelity Life Chief Customer Officer Peter Doherty says achieving Toitū carbonreduce certification is an early step for Fidelity Life on its sustainability journey.
“As the largest locally owned player in New Zealand’s life insurance industry, our customers, people, partners, shareholders and the wider community expect us to step up and help the country meet some big challenges, like climate change.
“Our initial sustainability focus is Kaitiakitanga and, for us, this means protecting the environment just like we protect our customers. It’s still very early days - moving into our new 6 Green Star building recently was our first significant stake in the ground, and now achieving Toitū carbonreduce certification formalises our commitment to a lower carbon, more sustainable future.”
Toitū’s carbonreduce programme is certified to the ISO 14064-1:2018 global standard and involves measuring greenhouse gas (GHG) emissions and committing to a reduction target.
Fidelity Life’s total net GHG emissions for the year ended 30 June 2021 were 503.41 tCO2e (tonnes of CO2 equivalent). It aims to reduce emissions by at least 38% by 2030 through focusing on areas including work-related transportation and the company’s supply chain.
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