In the United Kingdom, global retailer Tesco has made a
commitment to carbon label its entire product range of 75,000
SKUs. New Zealand exporters are exposed to these efforts.
New Zealand wine and meat products are on Tesco's shelves
and will need to be carbon labelled-at the suppliers'expense.
If the United Kingdom, Japan and Germany continue to move
toward carbon labelling as they are doing even despite the
global financial crisis, New Zealand exporters will be forced
to carbon audit. This is signi cant because those countries
are among New Zealand's top eight export markets, in 2009
contributing $5,282 million in export earnings to the New
Zealand economy.