Aotearoa New Zealand Climate Standards (NZ CS 1, 2, 3)
New Zealand's mandatory climate-related disclosure regime, issued by the XRB and modelled on TCFD. New Zealand was the first country in the world to legislate this kind of regime.
- Enforcement
- Mandatory
- Effective date
- Reporting periods beginning on or after 1 January 2023
- Covered entities
- Climate Reporting Entities (CREs): large listed issuers, large registered banks, insurers, NBDTs, investment scheme managers