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.
Public consultation on the Construction and Buildings sector draft criteria will open in October 2026 and run for four weeks.
Join this webinar for an update on the NZ Taxonomy development progress and to prepare for the upcoming consultation.
All stakeholders are encouraged to engage.
Public consultation on the construction & buildings sector draft criteria will open in October 2026 and run for four weeks.
This webinar provides an update on NZ Taxonomy development progress and helps prepare stakeholders for the upcoming consultation.
Click the image on the right to access the recording.
The TAG is responsible for providing technical feedback on the draft definitions to provide domestic context and industry insight to inform TEG considerations. The TEG considers and endorses all final criteria.
TAG feedback helps shape the draft materials, including for consultation. However, the criteria do not necessarily reflect the complete or preferred approach/outcomes of any individual TAG member. In many instances, the TAG expressed varying views and/or members opposed aspects of the criteria.
The current public consultation is focused on understanding preferred approaches in key areas, as well as drawing out additional data and feedback to shape and finalise technical details.
Construction & Buildings sector Technical Advisory Group (TAG) members include:
The TAG is responsible for providing technical feedback on the draft definitions to provide domestic context and industry insight to inform TEG considerations. The TEG considers and endorses all final criteria.
TAG feedback helps shape the draft materials, including for consultation. However, the criteria do not necessarily reflect the complete or preferred approach/outcomes of any individual TAG member. In many instances, the TAG expressed varying views and/or members opposed aspects of the criteria.
The current public consultation is focused on understanding preferred approaches in key areas, as well as drawing out additional data and feedback to shape and finalise technical details.
Construction & Buildings sector Technical Advisory Group (TAG) members include:
Construction and buildings TAG established and commences work.
Public consultation opens on draft NZ Taxonomy criteria for construction and buildings sector climate change mitigation, adaptation and resilience criteria. CoFR review.
Final NZ Taxonomy for the construction and buildings sector submitted to Government function.
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).
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Financing sustainable growth in Aotearoa New Zealand.
A classification system for sustainable economic activities.
Accelerating financing solutions for affordable, abundant clean energy.
Guidance for SMEs to start sustainability reporting.
Promoting greater options for New Zealand investors
