Māori business values will guide new non-financial reporting standards

Wakatū CFO Joe Hanita said Māori groups have been very supportive of the XRB’s planned consultation. (Image: Supplied)

Fri, 16 Sep 2022

Māori businesses and entities will be the first groups consulted on new non-financial reporting standards under development.The voluntary standards will be created by the External Reporting Board (XRB) to help companies and other entities to report beyond their bottom-line activities.The newly launched project is known as Ngā Pou o te Kawa Ora, which roughly translates as “pillars of life”.XRB chief executive April Mackenzie said the job of developing those standards was just beginning. “To be quite honest, I’ve got...

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