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Bill requires finance sector to disclose climate risks

Tuesday 13 Apr 21 12:00pm

 

A BILL requiring the financial sector to disclose the impact of climate change on their business and explain how they manage climate-related risks has its first reading in Parliament this week.

The Financial Sector (Climate-related Disclosure and Other Matters) Amendment Bill is the first of its type in the world, according to commerce and consumer affairs minister David Clark.

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