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Chapman Tripp has made a submission to the Ministry of Business, Innovation and Employment and the Ministry for the Environment on the Discussion Document on Climate-Related Financial Disclosure.
Our submission focused on three main themes:
- the importance of implementing a disclosure framework that is accessible and practical for entities required to make disclosures
- the need to maintain a flexible approach to allow reporting entities to benefit from increasing industry guidance and international practice, and
- ensuring compatibility with existing disclosure requirements.
The submission includes observations arising from our legal opinion for The Aotearoa Circle and our earlier client alert on the consultation.