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25 Feb 2026 13:17
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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: 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
     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
     Top Stories

    RUGBY RUGBY
    Scott Robertson will get an opportunity to coach against the Springboks this year More...

    BUSINESS BUSINESS
    Critical support's rolling out to at-risk regional airlines - with Golden Bay Air announced as a first loan recipient More...


     Today's News

    		 National:
    Pauline Hanson’s no ‘good’ Muslims comment shows how normalised Islamophobia has become in Australia 13:07

     Law and Order:
    A 41-year-old Auckland man has received the maximum sentence for possessing child sex material 13:07

     Entertainment:
    Ryan Coogler "didn't expect" Sinners to win Best Original Screenplay at the 2026 EE BAFTA Film Awards 12:51

     Business:
    Critical support's rolling out to at-risk regional airlines - with Golden Bay Air announced as a first loan recipient 12:47

     Business:
    A sharp drop in alcohol production last year - although spirits had a small lift 12:27

     Entertainment:
    Akinola Davies Jr. dedicated his EE BAFTA Award for Outstanding Debut to immigrant parents who sacrificed everything to give their children a better future 12:21

     Wellington:
    A fruitful fan-funding exercise for injured Wellington Phoenix women's footballer Sabitra Bhandari 11:57

     Entertainment:
    Sinners' Wunmi Mosaku has won her first EE BAFTA Film Award 11:51

     Entertainment:
    Sean Penn was dec lared Best Supporting Actor at the 2026 EE BAFTA Film Awards 11:21

     International:
    Iran signs 'secret' $700m deal for Russian air defence systems, reports say 11:17

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