We are seeking your input on our draft guidance on anticipated financial impacts
In early August, the XRB released draft staff guidance to support climate reporting entities (CREs) to identify climate-related risks and opportunities, assess anticipated impacts, and quantify anticipated financial impacts (AFIs).
The guidance has been released in draft form to seek feedback on its usefulness, clarity and practical application. In particular, the XRB is interested in feedback on:
the interaction between the approach and scenario analysis
the usefulness of the examples provided
whether the approach is sufficiently practical, proportionate and flexible to be integrated into existing enterprise risk management and related business processes
areas where further clarification or additional examples may be helpful.
The XRB expects to publish a final version of the guidance by the end of 2026, taking into account feedback received from stakeholders.
We welcome any comments, questions, or feedback on the draft guidance. While no formal submission deadline has been set, receiving feedback by mid-November would be appreciated to allow sufficient time for consideration before the guidance is finalised.
Please send any feedback or enquiries to sustainability@xrb.govt.nz.
