Climate related financial disclosures are here to stay. Other countries are moving to taxonomies and disclosures in the competition for markets. If New Zealand stands still, we will fall behind.
We need to make it easy for potential foreign direct investment to engage, and our exporters need to be fit for the markets they are targeting.
That’s why we joined forces with the Sustainable Business Council, Institute of Directors and the Climate Leaders Coalition to commend the responsiveness of the External Reporting Board (XRB) to market concerns regarding the regulatory framework and the commitment to providing further guidance on the disclosures. This proactive approach is crucial in ensuring clarity and consistency as Aotearoa navigates these changes.
Read our submission