The PRI recognises the need for a more proportionate Climate-Related Disclosures (CRD) Regime for Aotearoa New Zealand. However, our response does not support the proposed amendments as they would significantly limit investors’ access to decision-useful climate data across their portfolios.

Further, it recommends addressing these issues within within the framework of the forthcoming XRB consultation on differential/proportional reporting, accompanied by suitably refined modifications to assurance requirements.

Download the response below.