NZX and Shareholders Association want level playing field in climate reporting

NZX and Shareholders Association want level playing field in climate reporting
Minister of Commerce and Consumer Affairs Andrew Bayly. (Image: NZME)
Greg Hurrell
Commerce and Consumer Affairs Minister Andrew Bayly isn’t committing to bringing private companies into New Zealand’s climate disclosure regime, at least not yet.On Thursday, the Government unveiled plans to shake up NZ’s capital markets, such as making it easier for KiwiSaver funds to invest in private markets. It also proposes to lift the market capitalisation threshold where listed companies must issue climate reports.Both the NZ Exchange (NZX) and the NZ Shareholders Association (NZSA) have welcomed moves to shake up...

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