An analysis of NZX50 31 March 2022 reporters
Climate risk, in particular, is a focus area with a number of investor groups becoming increasingly vocal about how the impacts of climate change are reflected in financial statements.
This report is an analysis of the annual reports of the 31 March 2022 NZX50 reporters. We examine how climate-related impacts on the financial statements are disclosed and how auditors have considered climate-related impacts in key audit matters.
15 businesses on the NZX50 with March year ends have completed their financial reporting.
3 reporters discussed the impact of climate-related risks in their financial statements.
0 businesses included a quantification of the impacts of climate risk in the financial statements.
9 reporters included some non-financial climate-related information.
7 entities included non-financial climate related information in the front-half of their annual report and 2 businesses published this information in a separate sustainability report.
4 companies mentioned the use of green finance.
2 reports included mention of climate change in KAMs.