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30 Nov 2021 13:55
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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.

    © 2021 Newstalk ZB, NZCity

     Other Politics News
     30 Nov: Solomon Islands Prime Minister defends arrival of Australian troops despite criticism of their presence
     30 Nov: Relief over news of more financial support for businesses hard-hit by lockdowns
     29 Nov: A former National leader says deals should be done -- to avoid the National leadership coming down to a caucus vote tomorrow
     29 Nov: A New Zealand Initiative report warns change in literacy education is needed to avoid failing further generations
     28 Nov: Prime Minister Scott Morrison says more AFP personnel being sent to Solomon Islands as calm returns
     28 Nov: A further $100 million of Covid-19 economic support has been announced for the Cook Islands and Fiji
     28 Nov: Burkina Faso police fire tear gas at protesters angered by surge in attacks linked to Al Qaeda and Islamic State
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     Today's News

    Health & Safety:
    There are two new Covid-19 community cases in the Nelson-Tasman region 13:43

    Entertainment:
    Bryan Adams has been treated with an "anti-thrombosis" injection after testing positive for COVID-19 again 13:35

    Law and Order:
    Ghislaine Maxwell, Jeffrey Epstein's ex-girlfriend, is on trial on sex abuse charges. Here's what it was like inside the courtroom 13:33

    Law and Order:
    A Police officer is in a stable condition after a hit and run on Sunday night 13:33

    Law and Order:
    Police are after footage of yesterday's shooting in West Auckland 13:13

    Entertainment:
    Liam Gallagher was left shaken after staying in a "haunted" mansion 13:05

    Soccer:
    An overwhelming sense of disappointment from the All Whites playing group at Oceania Football's scheduling of March's World Cup qualifiers 12:53

    Entertainment:
    Sharon Stone's mother is recovering after undergoing an acute stroke earlier this week 12:35

    Business:
    Record breaking data usage over the past two years 12:33

    Entertainment:
    Freddie Flintoff has blasted Sir Roger Moore's James Bond as a "creepy old bloke" 12:05


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