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10 Jan 2026 10:23
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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 Jan: It's full steam ahead for a local Wellington gaming company, as the sector continues to boom
     09 Jan: NetBlocks reports internet blackout imposed in Iran amid nationwide protests
     09 Jan: Health portal Manage My Health is still working to notify users affected by last week's major cyber breach
     09 Jan: A cyber expert's not impressed with the handling of Manage My Health's massive cyber breach - compromising the data of more than 100-thousand patients
     09 Jan: A warm welcome for significant changes to laws for earthquake-prone buildings
     08 Jan: Labour leader Chris Hipkins says Shadbolt was a passionate advocate for his community, a tireless public servant, and a voice for those often unheard
     08 Jan: Hopes new meth-contamination statistics will quell concerns
     Top Stories

    RUGBY RUGBY
    Kiwi Ben Robb will be throwing stress-free at the professional darts tour qualifying school in Germany starting overnight More...

    BUSINESS BUSINESS
    It's full steam ahead for a local Wellington gaming company, as the sector continues to boom More...


     Today's News

    		 Law and Order:
    Police have launched a homicide investigation, after reports a man was shot in Auckland's Manurewa overnight 10:06

     Entertainment:
    Elvis Presley once gifted a car to a fan 9:53

     International:
    The daily struggle continues in Caracas as Venezuelans dare to hope for change 9:36

     Basketball:
    A second quarter disappearing act has underlined a horror night for the Breakers in basketball's NBL 9:26

     Entertainment:
    Derek Hough and his wife Hayley Erbert are parents 9:23

     Soccer:
    Satisfaction for Auckland FC coach Steve Corica after they solidified top spot in football's A-League with a 2-nil win away to the Brisbane Roar 9:06

     International:
    Cautious hopes Beijing lifting soft ban on South Korean pop culture 8:56

     Entertainment:
    Savannah Guthrie is doing well following vocal cord surgery 8:53

     Entertainment:
    Jessica Biel is one of Justin Timberlake's "number one fans" 8:23

     Environment:
    Kiwis are being urged to prepare for fire risks amid soaring temperatures today 8:16

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