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6 Jul 2025 12:29
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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.

    © 2025 Newstalk ZB, NZCity

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     05 Jul: AI could soon be worth billions of dollars a year to New Zealand
     05 Jul: Witnesses to 1998 riots in Indonesia speak out after minister questions mass rape history
     04 Jul: Lost in space: MethaneSat failed just as NZ was to take over mission control – here’s what we need to know now
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     Top Stories

    RUGBY RUGBY
    Scott Robertson is praising the impact of the All Blacks' four debutants in their scratchy 31-27 win over France in Dunedin More...


    BUSINESS BUSINESS
    Our newsroom's revealed more than 200 people were able to enter New Zealand on work visas for defunct businesses later exposed as fronts for a network of cannabis grow houses in Auckland More...



     Today's News

    Entertainment:
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    Rugby League:
    Warriors women's halfback Emily Curtain has found the humour in Michaela Brake's transition to rugby league 11:57

    Entertainment:
    Victoria Beckham has signed a 10-year deal with Safilo Group 11:36

    International:
    The best ways to clean your home coffee machine 11:17

    Politics:
    Hire us or we'll leave, that's the stark message from New Zealand's nursing students 11:07

    Athletics:
    A personal best for shot putter Maddi Wesche at the Diamond League meet in Oregon 11:07

    Rugby:
    Scott Robertson is praising the impact of the All Blacks' four debutants in their scratchy 31-27 win over France in Dunedin 11:07

    Soccer:
    Real Madrid have survived a frenetic added time period to beat Dortmund 3-2 and advance to the last four at football's Club World Cup 11:07

    Entertainment:
    Capital FM DJ Aimee Vivian has been rushed to hospital with a life-threatening condition - just weeks after giving birth to her first child 11:06

    Law and Order:
    A 34-year-old man's been charged after allegedly setting fire to the front door of a Melbourne synagogue on Friday night - while people were inside 10:47


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