Climate questions for funds (and other matters)

Knowing climate change is an issue and measuring for it are two very different things.

Wed, 16 Jun 2021

Everybody agrees the Financial Sector (Climate-related Disclosures and Other Matters) Amendment Bill is a good thing.In principle.But the just-released tranche of 53 submissions on the proposed legislation reveals many pragmatic issues, sharp divisions on its scope and a brewing consultancy turf war.According to the Ministry of Business, Innovation and Employment, the draft law, set to impose climate-reporting duties on a range of about 200 large entities governed under the Financial Markets Conduct Act, has a few goals including to: Ensur...

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