Climate-related financial disclosures: Our proposals, your views

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The financial impacts of climate change on businesses are not being adequately considered, valued and reported on within financial markets in New Zealand.  

The Government is proposing to require financial firms and listed companies to report on the impacts for their business and investments in a consistent way. The aim is to help investors, shareholders and companies make informed decisions.

We are keen to get your feedback on the proposals.

How to review the proposals and submit feedback

Discussion document 

Climate-related financial disclosures — Understanding your business risks and opportunities related to climate change

Making a submission

You can submit your feedback during the consultation period using one of the following options:

The closing date for submissions is 13 December 2019 at 5pm. 

Information about the publishing and releasing of submissions

Related information

Public information sesssions

We are holding the following information sessions to discuss the proposals. Please register for these meetings by Friday 22 November.

DATE LOCATION TIME

VENUE

Register
25 November Wellington 10.45am – 12.45pm Fusion Meetings and Events, Conference 6, Level 6, 90 The Terrace, Wellington Register here
26 November Auckland 7.30am – 9.30am CA ANZ, Carlaw Park Complex, 12-16 Nicholls Lane, Parnell, Auckland Register here
  Auckland 11.45am – 1.45pm CA ANZ, Carlaw Park Complex, 12-16 Nicholls Lane, Parnell, Auckland Register here
27 November Christchurch 8.30am – 10.30am Leadership House, 1/245 Blenheim Rd, Upper Riccarton, Christchurch  Register here
3 December Online webinar 10.00am – 11.30am This is for those who are unable to attend a meeting in person. We intend to film the webinar and make it publicly available. Register here

 

Next steps

The feedback from this consultation will inform the Government’s decision on the proposed regime for climate-related financial disclosures.

After the consultation period has ended, our Ministry and the Ministry of Business, Innovation and Employment (MBIE) will prepare a report that summarises the submissions. 

We will then seek agreement from Ministers for policy decisions on the proposed regime, including any recommended changes arising from the consultation.

Following Cabinet approval, officials will begin introduction of new regulations.