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 Aotoeroa Circle and our earlier client alert on the consultation.
Our submission is available here.