New Zealand introduces climate change law for financial firms in world first

In world first, New Zealand to make banks report climate impact

New Zealand will force banks to reveal the impact their investments have on climate change under world-first legislation intended to make the financial sector's environmental record transparent, officials said.

New Zealand proposes climate law no other country has dared to face

New Zealand is hoping to pass a world first climate law (Getty)New Zealand has passed a new law that will require banks and financial institutions to disclose the climate impacts of their investments.When it comes to the financial sector’s environmental record, things can often get incredibly murky.But from now on any bank, insurance company, investment firm or hedge fund will have to be transparent about where their money is.This law is the fir…

New Zealand Just Passed a Climate Change Law No Other Country's Dared to Tackle

New Zealand will force banks to reveal the impact their investments have on climate change under world-first legislation intended to make the financial sector's environmental record transparent, officials said.

Report impact on climate, NZ tells banks – The Manila Times

AUCKLAND: New Zealand will force banks to reveal the impact their investments have on climate change under world-first legislation intended to make the financial sector’s environmental record transparent, officials said. Commerce Minister David Clark said the law would make climate reporting mandatory for banks, insurance companies and investment firms. “Becoming the first country in the world to introduce a law like this means we have an opport…

In world first, New Zealand to make banks report climate impact

New Zealand will force banks to reveal the impact their investments have on climate change under world-first legislation intended to make the financial sector's environmental record transparent, officials said.

New Zealand launches world's first climate change rules for financial firms

New Zealand will force banks to reveal the impact their investments have on climate change under world-first legislation intended to make the financial sector's environmental record transparent, officials said.