1. NZKS Application U190438
An application to establish a new
salmon farm within a 1,000 ha site
located approximately 5 kilometres
due north of Cape Lambert.
Wendy McGuinness
2. Part 1: Interim Consolidated Financial Statements for the Six
Months ended 31 July 2021
Wendy McGuinness 2
11. 2. Financial Sector (Climate-related Disclosures and Other Matters) Amendment (Third Reading 21 October 2021)
NZKS will be required to disclose climate reporting entity
Wendy McGuinness 11
12. Wendy McGuinness 12
2. Financial Sector (Climate-related Disclosures and Other Matters)
Amendment (passed 3rd Reading, 21 October 2021) & NZ External Reporting
Board (XRB) (Published 20 October 2021)
NZKS will be
15. Wendy McGuinness 15
Note: The other standard
commonly used is
ISO 14064-1:2018
Greenhouse gases — Part
1: Specification with
guidance at the
organization level for
quantification and
reporting of greenhouse
gas emissions and
removals.
16. Climate ‘Shocks’ to NZKS Risks, Costs and Benefits
Wendy McGuinness 16
1. Carbon tax and/or purchasing carbon credits to offset carbon
2. Regulation
3. Consumer backlash
4. Supply chain disruption (due to weather/feed/distribution
product/ Air New Zealand Annual report)
5. Cost of fuel/transport/feed
6. Less access to capital from banks
7. Higher insurance costs (possibly no insurance)
8. Mortalities/fish escapes due to storms/rising temperatures
Reporting should help businesses pivot, so they make the right
decisions for investors, employees, society and the planet.
Parker, Robert. (2017) Implication of high animal by-product feed inputs in life cycle assessments of farmed Atlantic salmon https://link.springer.com/article/10.1007/s11367-017-1340-9
Song, X., Liu, Y., Pettersen, J. B., Brandão, M., Ma, X., Røberg, S., & Frostell, B. (2019). Life cycle assessment of recirculating aquaculture systems: A case of Atlantic salmon farming in China. Journal of Industrial Ecology, 23(5), 1077-1086.
Philis, G., Ziegler, F., Gansel, L. C., Jansen, M. D., Gracey, E. O., & Stene, A. (2019). Comparing life cycle assessment (LCA) of salmonid aquaculture production systems: status and perspectives. Sustainability, 11(9), 2517.
Bergman, K., Henriksson, P. J., Hornborg, S., Troell, M., Borthwick, L., Jonell, M., ... & Ziegler, F. (2020). Recirculating aquaculture is possible without major energy tradeoff: Life cycle assessment of warmwater fish farming in Sweden. Environmental science & technology, 54(24), 16062-16070.
Smárason, B. Ö., Ögmundarson, Ó., Árnason, J., Bjornsdottir, R., & Davidsdottir, B. (2017). Life cycle assessment of Icelandic arctic char fed three different feed types. Turkish Journal of Fisheries and Aquatic Sciences, 17, 79-90.
Ayer, N. W., & Tyedmers, P. H. (2009). Assessing alternative aquaculture technologies: life cycle assessment of salmonid culture systems in Canada. Journal of Cleaner production, 17(3), 362-373.