NZ Taxonomy -
Construction and buildings

A sustainable finance taxonomy is a classification system. It labels and establishes credible criteria for economic activities based on their contributions to meeting environmental goals. 

Our long-term prosperity and resilience depend on transitioning to a low-emissions economy. The NZ Taxonomy creates a common language between investors and businesses and intends to flow capital to activities which support the transition, by making it easier to assess the sustainability credentials of an activity or investment, thereby lowering associated costs and greenwashing risk. For businesses, the NZ Taxonomy can be used to distinguish activities that could be relevant for a broader range of financing structures offered by lenders or investors. 

Learn more about the NZ Taxonomy.

In partnership with the New Zealand Government, CSF is working to support New Zealand’s transition to a resilient, low emissions economy, by creating a sustainable finance taxonomy (the NZ Taxonomy). 

Development timeline

Feb 2026

Construction and buildings TAG established and commences work.

Jul 2026

Public consultation opens on draft NZ Taxonomy criteria for construction and buildings sector climate change mitigation adaptation and resilience criteria. CoFR review.

Dec 2026

Final NZ Taxonomy for the construction and buildings sector published.

The construction and buildings sector Technical Advisory Group (TAG)

The TAG is responsible for providing technical input to inform taxonomy definitions for Technical Expert Group (TEG) endorsement, and for offering feedback on TEG technical methodologies for TEG’s consideration and approval.

The TAG’s key responsibilities include identifying and proposing a list of construction and buildings sector activities and measures, and associated criteria for climate change mitigation, adaptation, and resilience.

TAG Members

TAG members announced in February 2026

Meeting Minutes

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