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17 Apr 2024 7:17
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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.

    © 2024 Newstalk ZB, NZCity

     Other Politics News
     16 Apr: The Telecommunications Commissioner says he's disappointed about alleged breaches of the 111 Contact code by telco One New Zealand
     16 Apr: The Government's changing the law, to make it easier for new early learning services to start -- and existing ones to operate
     16 Apr: Belief the Government's changes to tenancy laws are a step in the right direction
     15 Apr: Who is Lawrence Wong, the man poised to become Singapore’s fourth prime minister in six decades, on a $2.5m salary?
     15 Apr: The Housing Minister says introducing pet bonds will make landlords more likely to accept cats and dogs in their properties
     15 Apr: Labour's leader says an international effort is needed to save news media
     15 Apr: Some Dunedin residents are taking action against their proposed rates hike
     Top Stories

    RUGBY RUGBY
    Add another chapter to the book of big name oval-ball code switchers More...

    BUSINESS BUSINESS
    Spire collapses after fire breaks out at Copenhagen's 17th-century Old Stock Exchange More...


     Today's News

    		 Entertainment:
    Reese Witherspoon has warned Hollywood to "get used to" AI because it is "here to stay" 7:10

     Law and Order:
    Julian Assange extradition edges closer after US promises not to seek death penalty 7:07

     Living & Travel:
    Air New Zealand's looking to get a fully-electric plane in the skies within the next two years or so 7:07

     Entertainment:
    Prince Edward is taking on the "distinct honour" of being Colonel of the Scots Guards 6:40

     Entertainment:
    Jennifer Aniston is "still excited" by fame - even though she has "learned lessons" 6:10

     Accident and Emergency:
    A tough result for Police as they turn up nothing in the latest search for missing Gisborne man Joseph Ahuriri 4:36

     Business:
    Spire collapses after fire breaks out at Copenhagen's 17th-century Old Stock Exchange 22:27

     Business:
    The Telecommunications Commissioner says he's disappointed about alleged breaches of the 111 Contact code by telco One New Zealand 21:57

     Entertainment:
    The ex ecutor of O.J. Simpson's will plans to fight any payments to the families of his late ex-wife Nicole Brown and her friend Ron Goldman 21:40

     Law and Order:
    Police have named a man who drowned after running into the sea while fleeing Police at Mt Maunganui 21:17

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