Climate-related disclosures consultation paper
A consultation paper setting out the key aspects being consulted on for the exposure draft of the Financial Markets Conduct (Climate-related Disclosures) Amendment Regulations 2023.
On this page
This is the web version of the climate-related disclosures consultation paper.
You can download the PDF version or read about the consultation at:
This discussion document outlines proposals for regulations to be implemented under the Financial Markets Conduct Act 2013 (FMC Act), as amended by the Financial Sector (Climate-related Disclosures and Other Matters) Amendment Act 2021 (CRD Act).
The proposed regulations will introduce record-related requirements and set infringement fees for minor offences in the climate-related disclosures regime.
Submissions process
The Ministry of Business, Innovation and Employment (MBIE) seeks written submissions on the proposed regulations raised in this document by 5pm on 12 July 2023.
Your submission may respond to any or all of these issues. Where possible, please include evidence to support your views, for example references to independent research, facts and figures, or relevant examples.
Use the submission template provided at:
This will help us to collate submissions and ensure that your views are fully considered. Also include your name and (if applicable) the name of your organisation in your submission.
Include your contact details in the cover letter or email accompanying your submission.
You can make your submission by either:
Send your submission as a Microsoft Word document to climateregulations@mbie.govt.nz
Mail your submission to:
Corporate Governance and Intellectual Property Policy
Building Resources and Markets
Ministry of Business, Innovation and Employment
PO Box 1473
Wellington 6140
New Zealand
If you have questions
You can direct any questions that you have in relation to the submissions process to:
climateregulations@mbie.govt.nz
Use of information
The information provided in submissions will be used to inform MBIE’s policy development process and will inform advice to Ministers. We may contact submitters directly if we require clarification of any matters in submissions.
Release of information
MBIE intends to upload PDF copies of submissions received to MBIE’s website.
MBIE will consider you to have consented to uploading by making a submission, unless you clearly specify otherwise in your submission.
If your submission contains any information that is confidential or you otherwise wish us not to publish:
- indicate this on the front of the submission, with any confidential information clearly marked within the text
- provide a separate version excluding the relevant information for publication on our website.
Submissions remain subject to request under the Official Information Act 1982. Set out clearly in the cover letter or email accompanying your submission if you have any objection to the release of any information in the submission, and in particular, which parts you consider should be withheld, together with the reasons for withholding the information.
MBIE will take such objections into account and will consult with submitters when responding to requests under the Official Information Act 1982.
Privacy information
The Privacy Act 1993 establishes certain principles with respect to the collection, use and disclosure of information about individuals by various agencies, including MBIE. Any personal information you supply to MBIE in the course of making a submission will only be used for the purpose of assisting in the development of policy advice in relation to this review.
Clearly indicate in the cover letter or email accompanying your submission if you do not wish your name, or any other personal information, to be included in any summary of submissions that MBIE may publish.