Listed New Zealand companies could soon be required by law to make any climate change-related risks to their businesses known to their shareholders.
Climate Change Minister James Shaw will later today announce that he plans to introduce legislation to Parliament to make climate-change disclosures for businesses a legal requirement.
But it is not, however, likely to pass before next year’s election, meaning it could still yet be torpedoed by a National government if it does not like the legislation.
To read more, please visit the NZ Herald website now.