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10 Feb 2026 14:02
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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.

    © 2026 Newstalk ZB, NZCity

     Other Politics News
     10 Feb: As a flurry of National MPs claim levies are not taxes, NZ First's leader is openly disagreeing
     10 Feb: The Energy Minister's now claiming the money gathered to pay for building a new LNG import facility - is neither a levy nor a tax on consumers
     10 Feb: It's hoped a pay dispute between Air New Zealand cabin crew and their employer is resolved soon
     10 Feb: How much longer can Keir Starmer survive?
     10 Feb: Scottish Labour leader calls for UK Prime Minister Keir Starmer to quit
     10 Feb: The former Air New Zealand boss says his time at the airline made him a better leader, as he moves into a new role abroad
     09 Feb: Yes, One Nation’s poll numbers are climbing. But major party status – let alone government – is still a long way off
     Top Stories

    RUGBY RUGBY
    A thumbs up from Crusaders flanker Ethan Blackadder ahead of their Super Rugby title defence, starting Friday against the Highlanders in Dunedin More...

    BUSINESS BUSINESS
    The Energy Minister's now claiming the money gathered to pay for building a new LNG import facility - is neither a levy nor a tax on consumers More...


     Today's News

    		 Entertainment:
    Rebecca Ferguson has given a rare insight into welcoming her first child at 23, with a man 22 years her senior 13:51

     Law and Order:
    Auckland police have caught a motorcyclist with nearly twice the legal breath alcohol limit early this morning 13:47

     Politics:
    As a flurry of National MPs claim levies are not taxes, NZ First's leader is openly disagreeing 13:27

     Entertainment:
    Whoopi Goldberg is "not cut out to be in a relationship" 13:21

     General:
    Lindsey Vonn set for multiple surgeries but denies torn ACL contributed to Winter Olympic crash 13:07

     Business:
    The Energy Minister's now claiming the money gathered to pay for building a new LNG import facility - is neither a levy nor a tax on consumers 13:07

     Entertainment:
    Jennie Garth is "bummed" about losing out on a role in White Lotus 12:51

     Law and Order:
    A person's critically hurt after falling several floors at Christchurch's central city Turanga library building about 11am 12:37

     Law and Order:
    A WorkSafe inspector's again heading to Auckland's Mount Albert Aquatic Centre - after another hydroslide injury 12:27

     Entertainment:
    Joe Manganiello and Caitlin O'Connor left Los Angeles due to "crime" 12:21

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