Carbon Catch-up: Closing then opening the climate reporting gap with Australia

Carbon Catch-up: Closing then opening the climate reporting gap with Australia
Far fewer NZX-listed companies will have to issue climate reports. (Image: NZME)
Greg Hurrell
When the Government launched a review of New Zealand’s climate disclosure settings last December, it said they should be better aligned with Australia’s newer system.Instead, changes to the climate-related disclosures (CRD) regime will eventually widen the gap between NZ and Australia, potentially increasing the attractiveness of the NZ Exchange (NZX) over the Australian Securities Exchange (ASX). That may have been the point.Minister of Commerce and Consumer Affairs Scott Simpson said in a statement that the decision to set th...

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