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26 Feb 2026 5:25
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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
     25 Feb: The Drug Foundation says the sector is doing its best despite years of under-funding
     25 Feb: The Government's quietly ditched its quarterly action plans
     25 Feb: Critical support's rolling out to at-risk regional airlines - with Golden Bay Air announced as a first loan recipient
     25 Feb: Two Labour stalwarts are at odds over the lack of transparency following the Moa Point failure
     24 Feb: Peter Mandelson, former UK ambassador to US, arrested in London as Epstein files fallout continues
     24 Feb: The Finance Minister's defending a decision to drop 200-million dollars into Genesis Energy
     23 Feb: ACT says more change is needed - after controversy over a Defence Force cultural policy
     Top Stories

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     Today's News

    		 Living & Travel:
    Biosecurity staff are headed to Auckland's Papatoetoe today, following the discovery of an Oriental fruitfly 5:17

     Cricket:
    New Zealand have recovered from 84 for six in the 13th over to post 168 for seven in their super eight match against Sri Lanka at cricket's T20 World Cup in Colombo 5:07

     Environment:
    Fire crews will be back working to extinguish a large grass fire in Central Otago's Springvale this morning 4:37

     Entertainment:
    Matthew Lillard admits his fashion sense is "still stuck in 2000" 21:51

     Entertainment:
    Bonnie Blue is pregnant following her recent "breeding mission" 21:21

     International:
    President Donald Trump's State of the Union adress in detail 21:07

     Entertainment:
    Dennis Quaid thinks Donald Trump is "very funny" and "really genuine" 20:51

     International:
    Standout moments from Donald Trump's State of the Union speech 20:37

     Entertainment:
    Daniel Radcliffe admits it feels "surreal" seeing the new child stars stepping into the Harry Potter franchise 20:21

     Entertainment:
    Matthew Lillard was convinced he'd never work again during his "darkest days" 19:51

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