Rules for calculating climate risk in financial reporting by NZ businesses need revisiting – new research
- Written by Martien Lubberink, Associate Professor of Accounting and Capital, Te Herenga Waka — Victoria University of Wellington
Andrew MacDonald/Getty ImagesThe recent International Court of Justice (ICJ) decision on climate action marked a significant step forward in formalising an idea many already accept: climate inaction is not merely a policy failure, but potentially a breach of legal duty by governments.
The court’s opinion is not legally binding but establishes...
