Six-figure climate reports split NZX50: useful, but over-engineered

NZX50 firms share how much they spent on climate disclosures. (Image: NZME) The country's largest listed companies are divided on whether climate disclosures deliver enough value to justify the cost. A BusinessDesk survey of climate reporting entities reveals reported annual costs ranging from $100,000 to $1 million in the past two financial years. Fourteen companies responded to the survey. Three - NZX, Mainfreight and Skellerup Holdings - agreed to be named, while others shared information on the condition of anonymity.While many found the climate-related disclosures (CRD) helped sharpen...