Why the govt wrote off fund-manager climate reports

NZ has backtracked on climate-change disclosures. (Image: DepositPhotos)

Tue, 28 Oct 2025

New Zealand was the first country in the world to introduce mandatory climate-risk reporting for fund managers.And as seen in the following excerpt from the AMP KiwiSaver 2025 climate report – produced in association with the BlackRock Aladdin risk management platform – the regime also spawned a new sub-genre of cult doom literature.Stardate 2100: “Global climate action stagnates, with only currently implemented policies remaining in place. As a result emissions continue to rise unabated, peaking around 2080. This prolonged tr...

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