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 braces for Trump's 'Liberation Day'
Markets Market Close

NZ sharemarket braces for Trump's 'Liberation Day'

The S&P/NZX 50 Index closed at 12,320.19, up 7.59 points or 0.062%.

Westpac Bank’s Eckhold says April cut likely wrong move
Economy

Westpac Bank’s Eckhold says April cut likely wrong move

Economists are widely expecting a 25 bps rate cut next week. 

Trump-era FX 'compounding' margin losses, analysts say
Retail

Trump-era FX 'compounding' margin losses, analysts say

"Liberation day" could make matters worse, says Kiwibank’s Kerr.

The simple strategy behind Dairyworks
Primary Sector

The simple strategy behind Dairyworks

Is New Zealand still fixated on the 1kg block of cheese?