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12 Jul 2025 20:16
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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.

    © 2025 Newstalk ZB, NZCity

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     Today's News

    Entertainment:
    Julian McMahon's cause of death has been confirmed 20:00

    Entertainment:
    Brooklyn Beckham has sent birthday wishes to his sister Harper Beckham 19:30

    Entertainment:
    Queen Camilla thanked Novak Djokovic for allowing her to stay at his property in Montenegro 19:00

    Environment:
    Local electricity providers are still working to restore outages in parts of Nelson Tasman and Banks Peninsula 18:56

    Basketball:
    There's been a seismic shock in the men's National Basketball League 18:36

    Entertainment:
    Melissa Gilbert's biological father recognised her from TV when he first met her 18:30

    International:
    The first report on the deadly Air India crash is out — what did it reveal? 18:16

    Environment:
    Nelson - Tasman is facing millions of dollars of damage following last night's severe weather 18:06

    Rugby:
    The Black Ferns are running away with it in the second half of their last test before the Rugby World Cup 18:06

    Entertainment:
    President Emmanuel Macron winked at Catherine, Princess of Wales when they met at Windsor Castle 18:00


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