Stakeholder leverage
Directors may have leverage around the board table, but stakeholders have a lot of leverage of their own.
The Ministry for the Environment and the Ministry of Business, Innovation and Employment sought feedback on a proposed climate-related financial disclosure regime for organisations.
In our submission, we recognise the importance of climate-related financial disclosure and agree that the recommendations of the Task Force on Climate-related Financial Disclosure (TCFD framework) would be appropriate in New Zealand.
We also: