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26 Jan 2026 12:43
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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
     26 Jan: New Zealand's Foreign Minister says the World Health Organisation needs to remember it serves taxpayers worldwide
     26 Jan: A major overhaul of NZ’s local government is underway – will it really fix what’s broken?
     26 Jan: A Christchurch company director will be sentenced in May - after pleading guilty to gambling offences linked to New Zealand's largest-ever illegal lottery
     26 Jan: Concerns the Government is putting child safety at risk, by letting Gloriavale's school remain open
     26 Jan: Gloriavale will stay open while the process for shutting it down goes through the courts, but questions remain over what happens to the kids if it's closed for good
     25 Jan: Former Japanese PM Shinzo Abe's killer motivated by 'disgust' at links to Unification Church
     24 Jan: Two women believed to have been killed in the Mount Maunganui campground landslide were friends
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     Today's News

    		 National:
    Opposition to moving Australia Day from January 26 is hardening: new research 12:37

     Entertainment:
    Jacob Elordi has an "obsession" with his Wuthering Heights co-star Margot Robbie 12:31

     National:
    DNA evidence: A double-edged sword that can actually deny justice for some wrongfully accused 12:27

     Rugby:
    To intervene as overbearing parents, or let a generational talent chase what's possible at 16-years-old? 12:27

     National:
    Your brain can be trained, much like your muscles – a neurologist explains how to boost your brain health 12:17

     Law and Order:
    A 40-year-old man's has been jailed for 19 years - despite firmly denying sexually abusing two girls in Auckland 12:07

     National:
    How the polar vortex and warm ocean are intensifying a major US winter storm 12:07

     Politics:
    New Zealand's Foreign Minister says the World Health Organisation needs to remember it serves taxpayers worldwide 11:07

     Basketball:
    In NBA basketball today, the Detroit Pistons host the Sacramento Kings from 9am before the Memphis Grizzlies and Denver Nuggets tip off at 9.30 10:47

     Tennis:
    Paul Coll has advanced through to the quarter-finals at the Tournament of Champions squash event in New York 10:27

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