Differential climate reporting
The XRB has published a document that provides:
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information on our plan to consult on Aotearoa New Zealand Climate Standards (NZ CS), focusing on the topic of differential climate-related reporting.
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context to readers of the MBIE discussion document Adjustments to the climate-related disclosures regime.
Read more here.
Clarification on disclosure and assurance of scope 1 and 2 greenhouse gas (GHG) emissions for MIS Managers
The XRB and FMA have published an FAQ answer on our website in response to questions asking whether MIS Managers are required to disclose (and get assurance) over their scope 1 and 2 GHG emissions. In brief, because scope 1 and 2 GHG emissions do not pertain to MIS Managers, no disclosure (and therefore no assurance), is required.
Please see the FAQ at the bottom of this page for more detail
Guidance published
A suite of transition planning guidance has been published to support climate reporting entities:
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Overview (with the Sustainable Business Council)
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A guide for directors (with the Institute of Directors)
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A guide for executives (with the Sustainable Business Council)
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Transition planning disclosures (XRB staff guidance)
A reminder that our ‘Questions to get started’ guidance on transition planning is also available.
IPSASB climate exposure draft
We are seeking input into a submission to the International Public Sector Accounting Standards Board® in response to its exposure draft of a global public sector climate-related disclosure standard. Read more here.
Other updates
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