Walk the talk on climate change
By Di, September 14 2018New Zealand hasn't been walking the talk on climate risk, finds a sweeping new analysis of hundreds of annual reports and statements.
Climate change threatens hundreds of billions of dollars of property and infrastructure, and will require an economy-wide shift toward lower emissions. However, of more than 380 large organisations analysed, just 40 recognised the risks as of serious concern—suggesting that boards either opted not to publicly disclose the implications, or didn't discuss them at all. "Both are horrific—but the latter is particularly more horrific," said Wendy McGuinness, chief executive of Wellington-based think-tank the McGuinness Institute.