Today news
About the same in other media
New Zealand becomes first country to force finance companies to act on climate risks
Reading now: 415
theguardian.comNew Zealand has become the first country in the world to pass a law forcing financial institutions to disclose and, the government says, act on climate-related risks and opportunities.
“We have an opportunity to pave the way for other countries to make climate-related disclosures mandatory,” climate change minister James Shaw said. “New Zealand is a world-leader in this area and the first country in the world to introduce mandatory climate-related reporting for the financial sector.”
The new rules will apply to large insurers, banks, publicly listed companies, listed issuers and investment managers. At present, most of these large New Zealand entities provide little information on what the climate crisis and global heating might mean for
Read more on theguardian.comAbout this in other media
One of the World’s Hottest Real-Estate Markets Tries to Cool Down wsj.com /3 years ago
Australia: Following in CBA’s footsteps, ANZ bank might join cryto party ambcrypto.com /3 years ago
The hidden climate costs of America’s free parking spaces theguardian.com /3 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
