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5 Jan 2026 4:15
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      Home > News > Politics

    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.

    © 2026 Newstalk ZB, NZCity

     Other Politics News
     04 Jan: GP practices whose patients were impacted by a cyber security breach at ManageMyHealth - have now been identified
     04 Jan: Cautious optimism from tech experts, in the wake of this week's ManageMyHealth cyber attack
     03 Jan: The operators of patient portal Manage My Health are assuring users it systems are secure
     03 Jan: The Privacy Commissioner is expecting Manage My Health to demonstrate it has appropriate safeguards in place following a data breach
     03 Jan: Chris Luxon's still considering his options for Waitangi Day
     03 Jan: The parts of Myanmar the military junta doesn't want you to see
     03 Jan: Former Environment Canterbury Chair Craig Pauling has been selected as the Green Party candidate for the Canterbury Banks Peninsula electorate
     Top Stories

    RUGBY RUGBY
    The Seattle Seahawks have locked up top seed in American football's NFC with a 13-3 win over the San Francisco 49ers More...

    BUSINESS BUSINESS
    Cautious optimism from tech experts, in the wake of this week's ManageMyHealth cyber attack More...


     Today's News

    		 Accident and Emergency:
    State Highway 8 west of Tekapo has reopened after a serious four-car crash 22:17

     International:
    Venezuelan diaspora divided over US capturing of leader Maduro 21:57

     Law and Order:
    Police are carrying out a large search for a tramper missing near Mount Huxley in the Southern Alps 21:57

     International:
    Australia's Venezuelan diaspora gathers after US captures president Nicolás Maduro in military strike 21:27

     International:
    Australian teen loses friend, says two remain missing, after Crans-Montana bar fire 21:07

     International:
    Bangladeshi Hindus on edge as Islamic extremists target minority community 19:37

     Motoring:
    All lanes on State Highway One in South Auckland's Takanini are open again after a truck, carrying a small house collided with an overbridge 18:57

     Living & Travel:
    The Festive Season hasn't been so merry for the Breakers 18:37

     Cricket:
    The Northern Brave have beaten the Sparks - formerly the Otago Sparks - by 24 runs in their women's Super Smash T20 game in Mount Maunganui 18:07

     Rugby:
    The Seattle Seahawks have locked up top seed in American football's NFC with a 13-3 win over the San Francisco 49ers 17:27

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