New Zealand: Greenwashing–The New Due Diligence Environment

It has been five years since the Task Force on Climate-related Financial Disclosures (TCFD) published its recommendations. Since then, support for this global initiative – and for company climate and ESG reporting in general – has skyrocketed. Today more than 3,000 organizations in 92 countries with a combined market capitalization of USD27.2 trillion have signed up as TCFD supporters, and thousands more businesses are also now publishing reports in this area.