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...

More Markets

NZ sharemarket rallies, ends day up 0.6%
Markets Market Close

NZ sharemarket rallies, ends day up 0.6%

The S&P/NZX 50 Index closed at 12,989.18, up 83.2 points or 0.64%.

Graham Skellern 14 Feb 2025
Toy entrepreneur quashes spec of NZME takeover
Finance

Toy entrepreneur quashes spec of NZME takeover

Zuru founder Nick Mowbray says a report speculating he could take over private media company NZME is wrong. On Friday morning, The Australian’s Data Room said “some wealthy Kiwis” were plotting to do something about the state of New Zealand’s media industry and cited Mowbray as a...

Victoria Young 14 Feb 2025
Below-normal rainfall sees NZ hydro storage drop to 91%
Markets

Below-normal rainfall sees NZ hydro storage drop to 91%

Last month was the second-driest January on record.

Staff reporters 14 Feb 2025
Gentailers' earnings: Don't look back in anger
Markets

Gentailers' earnings: Don't look back in anger

Reporting season will be about the winter past and the winter to come.

Ian Llewellyn 14 Feb 2025