Aotearoa New Zealand Climate-related Disclosures Standards

Around 200 of New Zealand’s most economically significant entities will start reporting against the standards from 1 January 2023.    

“By providing investors with the information they are increasingly demanding, such as a company’s greenhouse gas emissions, the reporting regime will help to drive capital towards activities that support the transition to a low-emissions future. It will also galvanize directors and management to start looking closely at their climate-related risks and opportunities and what strategies and plans they have in place to manage them,” says Michele Embling, Chair of the External Reporting Board (XRB).

The reporting standards have been developed through three consultative iterations over the past 18 months.

“The level of active engagement on this work has been impressive. New Zealand organisations and individuals are clearly and rightfully very passionate about this topic. We are immensely grateful to everyone who got involved in this work and provided feedback—we couldn’t have done it without them.”  

The standards are available on the XRB website.