Big investors highly sceptical of sustainability reporting

Victoria Ashplant says a company that isn’t paying attention to climate change isn’t paying attention to its own resilience and its very viability. (Image: PwC)

Greg Hurrell

Mon, 08 Apr 2024

Global investors with New Zealand assets have shown an “alarming” lack of trust in companies’ sustainability reporting, according to analysis by PwC NZ.It is expecting to see some improvement in that trust with the bedding in of climate disclosure requirements and improved assurance in NZ.PwC conducted a global survey of 345 investors and analysts in 30 countries and territories. From that group, it looked at the 36 investors with investments in NZ. The amount of assets under management of those surveyed ranged from less...

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