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New Zealand makes climate reporting compulsory – The Australian Financial Review

The island country has become the first in the world to make climate risk reporting mandatory for banks, asset managers and insurers.

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What gets measured, gets managed and if businesses know how climate change will impact them in the future they can change and adopt low carbon strategies. COVID-19 has highlighted how important it is that we plan for and manage systemic economic shocks and there is no greater risk than climate change, Mr Shaw said.
I often tell the story of the chief executive who said to me during the passage of our Governments Zero Carbon Bill that his young daughter had told him one evening that she no longe…

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