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3 Dec 2021 16:28
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  •   Home > News > Business

    New Zealand's passed a world-first law making businesses disclose climate impacts

    New Zealand's passed a world-first law making businesses disclose climate impacts


    It's hoped the Financial Sector Amendment Bill will contribute to reaching carbon neutrality by 2050.

    It requires about 200 financial market participants to reveal the risks and opportunities climate change presents their business.

    The Commerce and Consumer Affairs Minister says it will promote business certainty, raise expectations and accelerate progress.

    Climate Minister James Shaw says it puts climate risk at the heart of business ... and encourages entities to be more sustainable.

    © 2021 Newstalk ZB, NZCity

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     Top Stories

    RUGBY RUGBY
    Disappointment for New Zealand snowboarders Cool Wakushima and Tiaan Collins in their opening World Cup events of the season in Steamboat Colorado More...


    BUSINESS BUSINESS
    It's a day of firsts for New Zealand More...



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