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4 Dec 2021 15:05
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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.

    © 2021 Newstalk ZB, NZCity

     Other Politics News
     04 Dec: A campaign group is challenging the public to ask businesses about their gender pay gap
     03 Dec: A northland businessman says border checkpoint confusion is causing booking cancellations
     03 Dec: A law allowing iwi to stop and checks cars is being scrutinised by the Act Party
     03 Dec: James Hayward resigns from WA Nationals amid child sex charges, faces calls to leave parliament
     03 Dec: It's a day of firsts for New Zealand
     03 Dec: The Health Minister says as the country shifts to the traffic-light system, we need to make sure we can cope with the unexpected
     02 Dec: A Northland Iwi says it's been left in the dark on plans for the region's Covid-19 border
     Top Stories

    RUGBY RUGBY
    Despite looming uncertainty, national women's basketball coach Guy Molloy hopes things will be less hamstrung by Covid next year More...

    BUSINESS BUSINESS
    A campaign group is challenging the public to ask businesses about their gender pay gap More...


     Today's News

    		 Basketball:
    Despite looming uncertainty, national women's basketball coach Guy Molloy hopes things will be less hamstrung by Covid next year 14:53

     Entertainment:
    Bradley Cooper found it "special" to have Irina Shayk by his side at the 'Nightmare Alley' premiere 14:31

     Law and Order:
    There's an increased Police presence in Henderson in west Auckland today after a shooting at a property in Woodford Avenue this morning  14:23

     Soccer:
    The Wellington Phoenix will be seeking a please explain from the A-League following their loss to the Western Sydney Wanderers 14:03

     Entertainment:
    Kristin Chenoweth and Ariana Grande go on double dates together 14:01

     Law and Order:
    Rust film set shooting involving Alec Baldwin could result in criminal charges over death of Halyna Hutchins 13:53

     Soccer:
    They may have lost the element of surprise but the Wellington Phoenix women's team are confident they still have some tricks up their sleeve 13:43

     Basketball:
    Guy Molloy's trumpeting his new coaching role at the NBL's Wellington Saints, which will enhance his commitment to the national women's team 13:33

     Entertainment:
    Aaron Paul is to be a father again 13:31

     Business:
    A campaign group is challenging the public to ask businesses about their gender pay gap 13:13

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