NZ best get ready for shifting global capital demands

NZ best get ready for shifting global capital demands
EY partner Pip Best says NZ companies have to get their heads around the shifting demands of capital. (Image: Supplied)
Ian Llewellyn
Many New Zealand companies large and small do not seem to be aware of the changes coming down the road in terms of climate change policy, says Pip Best, an Ernst & Young partner and a member of the Centre for Sustainable Finance.Best said there is a wave coming in terms of new legislative requirements, carbon markets and what international capital markets will require if companies want their investments.In NZ, many major companies and institutions are grappling with the new climate change disclosure rules.But Best said other countries...

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