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1 Dec 2021 16:02
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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

     Other Business News
     01 Dec: High inflation could stick around for years
     01 Dec: The emergence of another Covid-19 variant is expected to mean a rockier recovery for our economy
     01 Dec: House values continue to climb out of reach of many young Wellingtonians
     01 Dec: Sky rocketing house prices are being attributed to a lack of land availability in the capital
     01 Dec: Updated rating valuations for the Auckland region are now expected in March
     30 Nov: Internet speeds could triple, on Friday - for up to for 600,000 Kiwis
     30 Nov: Wellington home owners have seen eye-watering property value increases over the past three years
     Top Stories

    RUGBY RUGBY
    New Zealand Rugby is welcoming World Rugby's new law changes to the community game More...


    BUSINESS BUSINESS
    High inflation could stick around for years More...



     Today's News

    Entertainment:
    Gigi Hadid has been left “heartbroken” over Virgil Abloh's death 15:35

    Rugby:
    New Zealand Rugby is welcoming World Rugby's new law changes to the community game 15:33

    Entertainment:
    Brandi Glanville has undergone a snow peel to help ease the burns on her face 15:05

    Health & Safety:
    A Dunedin man's death is being investigated to see whether it's connected to the Covid-19 vaccine 14:53

    Entertainment:
    Jillian Michaels has got engaged 14:35

    Soccer:
    England's women's football team beat Latvia 20-0, Ireland defeat Georgia 11-0 on big night of Women's World Cup qualifiers 14:23

    Entertainment:
    Lin-Manuel Miranda, Sara Bareilles, Josh Groban and members of almost every current Broadway company honoured Stephen Sondheim with a special performance in New York's Times Square on Sunday (28.11.21) 14:05

    Motorsports:
    Kiwi driver Chris Pither along with other co-drivers will go into this week's Bathurst 100 a bit blind 14:03

    Rugby League:
    Warriors coach Nathan Brown's impressed with the form of some the youngsters during the pre-season period 13:43

    Entertainment:
    Kanye West dedicated his Sunday Service to his late friend and longtime collaborator, Virgil Abloh 13:35


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