XRB will soon release final, but temporary, greenhouse gas assurance standards

XRB will soon release final, but temporary, greenhouse gas assurance standards
A first cut on how businesses should measure emissions under the new rules. (Image: Getty)
Greg Hurrell
The External Reporting Board expects to release new standards for verifying greenhouse gas emissions in July – but don’t expect them to be set in stone.Large companies and financial institutions are now grappling with new climate-related disclosure rules that require them to provide independent verification, or assurance, for their greenhouse gas emissions from the end of 2024.A draft of the assurance standards was released last December for consultation, and the External Reporting Board (XRB) is working on the final – if some...

More Sustainable Finance

Simon Watts tries to win over sceptical ethical investors
Sustainable Finance

Simon Watts tries to win over sceptical ethical investors

The Government was being open about the challenges of reducing emissions, he said.

Greg Hurrell 23 Sep 2024
Climate reporting is critical despite its huge cost
Sustainable Finance

Climate reporting is critical despite its huge cost

ANZ found climate scenario analysis challenging the first time round.

Greg Hurrell 20 Sep 2024
NZ needs to break out of a ‘sustainability recession’
Sustainable Finance

NZ needs to break out of a ‘sustainability recession’

Flipflopping government climate policies aren't helping either.

Greg Hurrell 10 Sep 2024
ANZ's green loan adapts to changing environment
Sustainable Finance

ANZ's green loan adapts to changing environment

Taihape's Hautapu Pine has slashed its emissions and costs by ditching coal.

Greg Hurrell 09 Sep 2024