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29 Mar 2024 10:54
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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.

    © 2024 Newstalk ZB, NZCity

     Other Politics News
     29 Mar: Another pay offer is on the table for Police - after union members labelled the last one insulting
     28 Mar: The Secondary Principals Association believes the community should get behind schools and students to help reduce bad behaviour
     28 Mar: Victorian Premier Jacinta Allan says government will roll out tobacco shop licensing by end of year
     28 Mar: Local councils are being challenged to back up rising debt with infrastructure revenue
     28 Mar: Tax havens and worker exploitation: Baltimore bridge disaster gives glimpse into 'murky world' of shipping
     28 Mar: Cabinet has halted work on plans to make the Kermadec Ocean area, a sanctuary
     28 Mar: Fiji PM orders Chinese police out of country, saying no need for them in Pacific police force
     Top Stories

    RUGBY RUGBY
    Calls for Rugby Australia to back their women's game from Chiefs Manawa fullback Renee Holmes More...


    BUSINESS BUSINESS
    Innovative New Zealand apple producing company Rockit is focussing on its international expansion More...



     Today's News

    Entertainment:
    Whoopi Goldberg stormed off the stage of 'The View' to tell off an audience member for filming it on his phone 10:53

    Cycling:
    Star Belgian cyclist Wout van Aert has had surgery after suffering multiple fractures in a crash which has put his Giro d'Italia entry in doubt 10:47

    Law and Order:
    Cordons remain in place in Auckland's Brown's Bay as police investigate a death following an assault 10:27

    Law and Order:
    The tangi of one of the men who died after a mass brawl at a 21st birthday party in Gisborne last weekend will be held today 10:27

    Entertainment:
    Machine Gun Kelly is said to be in "good spirits" despite Megan Fox admitting they once called off their engagement 10:23

    Rugby:
    Calls for Rugby Australia to back their women's game from Chiefs Manawa fullback Renee Holmes 10:07

    Tennis:
    The men's semifinals at the Miami Open will feature a rematch of this year's Australian Open final 10:07

    Entertainment:
    Inside Islamic State's transformation, from life support to 'slaughtering with gusto' 9:57

    Entertainment:
    Stephen Colbert regrets being one of the famous faces who stoked conspiracy theories about Catherine, Princess of Wales ahead of her cancer treatment announcement 9:53

    Business:
    Innovative New Zealand apple producing company Rockit is focussing on its international expansion 9:27


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