The Government plans to pass a law requiring companies to disclose climate-change risks

Listed New Zealand companies could soon be required by law to make any climate change-related risks to their businesses known to their shareholders.

Climate Change Minister James Shaw will later today announce that he plans to introduce legislation to Parliament to make climate-change disclosures for businesses a legal requirement.

But it is not, however, likely to pass before next year’s election, meaning it could still yet be torpedoed by a National government if it does not like the legislation.

To read more, please visit the NZ Herald website now.