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24 Feb 2026 9:59
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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
     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
     23 Feb: Marshall Islands launches first universal basic income scheme to stop outward migration
     23 Feb: New rules for early childhood education come into force today
     23 Feb: The woman at the centre of the Jevon McSkimming scandal isn't confirming or denying whether she wrote a tranche of emails demanding money
     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
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     Today's News

    		 Entertainment:
    Eric Dane was "starting to lose his ability to speak" before his death 9:51

     Business:
    Regional New Zealand appears to be leading the charge - as overall retail sales see a lift 9:27

     Entertainment:
    Daniel Radcliffe has claimed the late Michael Gambon "f**** around all the time" while filming the Harry Potter movies 9:21

     International:
    Trump's dispute with Denmark over Greenland 'far from over', warns intelligence expert 9:17

     Business:
    The Finance Minister's defending a decision to drop 200-million dollars into Genesis Energy 9:07

     Law and Order:
    Andrew Mountbatten-Windsor could go to prison but the real damage would be to King Charles 8:57

     Entertainment:
    Denise Richards has claimed Aaron Phypers' alleged abuse was a "slow burn" 8:51

     Entertainment:
    Katie Price is in talks for a new musical about her life 8:21

     Law and Order:
    Police aren't ruling out further arrests - after charging a man in relation to an aggravated robbery in New Lynn 8:17

     Cricket:
    To T20 World Cup cricket super eight action on Sky Sport.. 8:07

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