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2019 Annual Shareholder Meeting Barbara Chapman Agenda Chair - - PowerPoint PPT Presentation
2019 Annual Shareholder Meeting Barbara Chapman Agenda Chair - - PowerPoint PPT Presentation
2019 Annual Shareholder Meeting Barbara Chapman Agenda Chair Chief Address Executive Address Shareholder Resolutions Questions and Voting Board of Directors Corporate Governance Our electricity sector, the enabler of New Zealands
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Agenda
Chair Address Chief Executive Address Shareholder Questions Resolutions and Voting
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Board of Directors
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Corporate Governance
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Our electricity sector, the enabler of New Zealand’s low carbon future
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source: MfE Greenhouse Gas Inventory 1990-2017
NZ’s decarbonisation through electrification
We need a system that is resilient to shocks and protects our economy and decarbonisation efforts
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Marc England
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Reaching 100% renewable electricity has challenges
While others take early steps towards renewable electricity, NZ is near the summit
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More renewables Manage the transition New technologies
NZ’s transition to a low carbon future needs a low cost, low carbon and reliable electricity system
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Enabling a more sustainable future
50%
- f heavy
vehicle fleet by 2025 100% light vehicle by 2020 450 GWh per annum from 2021 250,000 carbon
- ffset
1,000 schools engaged School-gen Trust established As kaitiaki of the natural resources we use when producing electricity, iwi relationships are valued and highly significant to Genesis The primary
- bjective is to
produce a stable supply of forestry generated New Zealand Unit (NZU) carbon credits 143% increase since 2011 714 Whio pairs protected
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Wholesale
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20% 40% 60% 80% 100% 120% 140% 20% 40% 60% 80% 100% 120% 140% Jul-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19 National Storage Band NI Storage as % of Average SI Storage as % of Average Low national storage Low North Island storage
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Retail
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0% 5% 10% 15% 20% 25% 30% 35% 40% Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 Jul-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19
Gross Churn Total Net Churn Single Fuel Dual Fuel
Power Shout I Power Shout II Energy IQ Launch Bottle Gas Monitoring Launch Power Shout III Power Shout IV Electricity Monitoring Launch Dual Fuel Refresh Move to the Future I Power Shout V Genesis Brand 2.0
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Their energy use + our generation Our innovation
- n = cost out for custom
- mer
Farmers can save 5-25% on their bill A more sustain inable le choice ice Switch energy use times for better value Partner nering ng for success ss For Dairy is exclusive to Fonterra Farm Source farmers
For dairy – an innovation proof point
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52% 44% 40% 30% 14% 13% 14% 12% 34% 43% 47% 58% FY16 FY17 FY18 FY19
Phone WebChat Email Digital
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2020 Financial Year
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Shareholder Questions
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Resolutions
- 1. Votes held by the Chairman, Directors and other proxies.
- 2. This is 68.55% of the total issued shares of 1,023,646,556.
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