Proposed amendments to NZ CS 1
Climate-related Disclosures

We are consulting on targeted amendments to NZ CS 1 Climate-related Disclosures to:

  • internationally align requirements for the disclosure of scope‍ 3 investment-related greenhouse gas (GHG) emissions
  • include content from our existing staff guidance on GHG emissions exclusions as authoritative (mandatory) application material within NZ CS 1.

Accessing the exposure draft and key materials

The consultation document outlines why we are consulting on the proposed amendments to NZ CS 1 and explains what would change.

The exposure draft shows the proposed changes to the standard.

Watch our webcast (~10mins) for further information.

All submissions will be published on the XRB website at the close of the consultation. Submissions were sought through an online survey given the targeted nature of the proposed amendments.

The consultation closed 29 July 2026

 

Written submissions received

Written submissions were received via  email, or survey monkey.

ACC Insurance Council of New Zealand
AA Insurance IOD Chapter Zero
BNZ KPMG New Zealand
CA ANZ NZBA
Ernst and Young PCAF
FMG PRI
Fonterra PwC
IAG New Zealand QBE Insurance Group
Individual 1 Suncorp New Zealand
Individual 2 Tower
Consultations