Just 40% of listed firms making climate disclosure: PwC

Just 40% of listed firms making climate disclosure: PwC
Climate risk reporting may become mandatory in New Zealand. (Image: Getty)
Dan Brunskill
Less than 40% of NZX-listed companies are giving any consideration to the climate disclosure framework set to be compulsory in 2023, research by PwC has found.The Financial Sector (Climate-related Disclosures and Other Matters) Amendment Bill is working its way through Parliament and is likely to introduce mandatory climate risk reporting in New Zealand.PriceWaterhouseCoopers said the research showed gaps in current disclosures that companies will have to close to be prepared for the proposed law.The professional services firm analysed the curr...

More Markets

NZ sharemarket celebrates highest single-day rise in over five months
Markets Market close

NZ sharemarket celebrates highest single-day rise in over five months

The S&P/NZX 50 Index closed at 11,946.43, increasing 143.15 points or 1.21%.

Graham Skellern 24 Apr 2024
'Serious compliance breaches' in NZ sharemarket
Markets

'Serious compliance breaches' in NZ sharemarket

Seven matters were referred to the NZ Markets Disciplinary Tribunal last year.

Murray Jones 24 Apr 2024
Which NZX firms lost or gained NZ Super Fund investment
Markets

Which NZX firms lost or gained NZ Super Fund investment

The fund is an active investor in NZ. Here are the firms it likes, and those it dumped.

Gas fears weigh on Genesis, push up power prices
Markets

Gas fears weigh on Genesis, push up power prices

Worries about gas supply hit more than share prices.

Ian Llewellyn 24 Apr 2024