21 Oct 2021

New law requires companies to reveal assets at climate risk

From Nights, 10:18 pm on 21 October 2021

New Zealand is the first country in the world to pass a law that forces financial organisations to disclose and act on climate-related risks. The Bill requires around 200 of the largest financial market players and will put climate harm at the centre of their business decision-making.  The Minister for Climate Change, James Shaw explains why New Zealand is first with this legislation.

James Shaw

Photo: RNZ / Samuel Rillstone