'World leading' climate disclosure rules likely to be weakened

Posted: 11 Feb 2025

The government is considering halving the number of companies required to report their greenhouse gas emissions.

Just a year after the country's "world leading" climate disclosure rules came into force, the bar looks likely to be lowered after complaints about "ridiculous" compliance costs of up to a million dollars.

The rules require certain large companies - including some stockmarket-listed companies and some big Kiwisaver providers - to publish transparent and consistent disclosures on their plans and efforts to reduce emissions, as well as the risks climate change could pose to their businesses.

Read more on RNZ.