Markets

Just 40% of listed firms making climate disclosure: PwC

Dan Brunskill
Mon, 09 Aug 2021

Just 40% of listed firms making climate disclosure: PwC

Climate risk reporting may become mandatory in New Zealand. (Image: Getty)

Dan Brunskill
Mon, 09 Aug 2021

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...

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Just 40% of listed firms making climate disclosure: PwC

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