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23 Feb 2026 7:37
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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
     22 Feb: Failure to prevent people living with intellectual disabilities from falling between the cracks
     21 Feb: How a window opened for IS-linked Australians to leave Syria
     21 Feb: The country's first research-informed cyberbullying programme is now available
     21 Feb: A new national toolkit is set to target our one-billion dollar cyberbullying crisis
     21 Feb: Work by dozens of artists is being showcased on Auckland's waterfront today
     20 Feb: The Local Government Minister says he is seeking advice on changes to the 30-year-old Dog Control Act
     20 Feb: Andrew Mountbatten-Windsor released under investigation after almost 10 hours in custody
     Top Stories

    RUGBY RUGBY
    The Crusaders have been demolished by the Brumbies 50-24 in Christchurch to close out the second week of Super Rugby More...

    BUSINESS BUSINESS
    Business appears to be booming in most parts of the country More...


     Today's News

    		 Law and Order:
    US Secret Service agents shoot and kill man trying to unlawfully enter Trump's Mar-a-Lago 7:27

     Business:
    Business appears to be booming in most parts of the country 7:27

     Law and Order:
    An Auckland couple continued buying stolen crayfish, despite knowing it was likely illegal 7:17

     General:
    Indra Brown's phenomenal fifth in freeski halfpipe at 2026 Milano Cortina Winter Olympics a sign of her rapid rise 7:07

     Environment:
    A magnitude 7.1 earthquake has stuck 55 kilometres off the coast of Malaysia near Brunei 7:07

     Entertainment:
    Kansas City Chiefs star Chris Jones has launched an impassioned defence of Travis Kelce 6:17

     Soccer:
    Former Phoenix football manager Ufuk Talay has shown support for the departed Giancarlo Italiano after he stepped down following the 5-nil loss to Auckland FC 5:07

     Auckland:
    Citybound lanes on Auckland's North-Western motorway have now reopened following a two-vehicle crash 22:07

     Entertainment:
    James Van Der Beek was a "great leader on set", according to Algee Smith 21:47

     Motoring:
    There are serious injuries after a crash between a car and cyclist in Christchurch's Sumner 21:17

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