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Climate Policy: Once Bragged About, Now Gutted

The government raised the reporting threshold from $60 million to $1 billion, cutting required reporters from 164 to 76 to reduce compliance costs, officials said.

Climate disclosure reports, first published in early 2024, were meant to help investors see which companies were prepared for a warmer, riskier world. But soon after, companies complained the regime was too costly and complex. Photo: Getty Images By Kirsty Johnston of RNZ  The coalition government has gutted New Zealand's once world-leading climate disclosure law, just months after officials showcased it to the United Nations as evidence of "si…

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BizToc broke the news in on Wednesday, October 22, 2025.
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