NZ companies buck United States' ESG backlash

NZ companies buck United States' ESG backlash
(Image: Getty)
Greg Hurrell
New Zealand companies are sticking with their sustainability plans despite a growing backlash against environment, social and governance initiatives in the United States.Forsyth Barr’s latest ESG Insights report found that NZ’s new mandatory climate reporting regime was the key, but not only, driver of the sustainability trend.NZ corporate and investor interest in ESG has stayed relatively stable. “No matter the terminology you use in this often polarising area, the transition to a low-carbon economy is under way and here...

More Markets

NZ sharemarket up 0.5% ahead of long weekend
Markets Market Close

NZ sharemarket up 0.5% ahead of long weekend

Pacific Edge's share price fell 7.32%.

Tom Raynel 24 Apr 2025
Pacific Edge suffers another setback in US
Markets

Pacific Edge suffers another setback in US

Shares in cancer diagnostics company Pacific Edge are down 2.44% to $0.120 after another setback in the US market.The US District Court for the Middle District of Pennsylvania has determined that it does not have jurisdiction to review a Local Coverage Determination (LCD) that co...

Staff reporters 24 Apr 2025
Listed retailers stand to gain from Trump tariffs:  Forsyth Barr
Retail

Listed retailers stand to gain from Trump tariffs: Forsyth Barr

Forsyth Barr lifted its KMD Brands target price by 10.4% after Trump tariff walkbacks.

Gregor Thompson 24 Apr 2025
NZ sharemarket rises as Trump backs down
Markets Market Close

NZ sharemarket rises as Trump backs down

The S&P/NZX 50 Index closed up 1.01% or 119.78 points.

Tom Raynel 23 Apr 2025