Port of Tauranga today published its first report under the new Climate-related Disclosures regime.
The statement describes Port of Tauranga’s governance, risk management processes, climate-related risks and opportunities, as well as its greenhouse gas emissions.
About 170 of New Zealand’s biggest companies are required to produce this annual climate statement. The goal of mandatory climate-related disclosures is to:
– Ensure the effects of climate change are routinely considered in business, investment, lending and insurance underwriting decisions
– Help climate reporting entities better demonstrate responsibility and foresight in considering climate issues
– And lead to more efficient capital allocation, helping smooth the transition to a more sustainable, low emissions economy.
