Apr 17, 2021 02:50 PM EDT
New Zealand has declared laws that will compel large companies to uncover the climate impact of their acts in a move they hope will bring about a global precedent. All Aoteroa/New Zealand companies from 2023 with assets of more than US$700 million (NZ$1billion) will have to give a report on the effects of their actions on climate change.
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Greenhouse Gases
This will compel transparency of not just companies that directly discharge greenhouse gases, but the impact of investments and loans made in others. Climate Minister James Shaw said in a statement: This law will bring about risks of climate and resiliance into the heart of decision making that has to do with finance and business.
প্রথম দেশ হিসেবে জলবায়ু পরিবর্তন আইন করতে যাচ্ছে নিউজিল্যান্ড | 639577|
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New Zealand Introduces World s First Climate Impact Transparency Laws
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Our voices can unlock climate action Newsroom 2/02/2021 © Provided by Newsroom
WWF-New Zealand s Livia Esterhazy explains why the Climate Change Commission’s very existence is proof that our voices matter
COMMENT: The key takeaway from the Climate Change Commission report released this week is simple: Together, we can do this. Together, we can make it possible for Aotearoa to do our bit in the global work to confront the climate crisis and keep warming below 1.5ºC. This analysis has shown what we at World Wide Fund for Nature (WWF) have said for years: New Zealand isn t doing its bit, but doing our bit is 100 percent possible – and will make New Zealanders lives better.