Financial markets reform: turning down the liability, turning up the signal
The IoD and Chapter Zero NZ endorse changes so listed boards rely on core duties and deliver more meaningful climate reporting.
The IoD supports the introduction of a reporting standard to provide PBEs with a framework for service performance reporting.
Financial information alone doesn’t tell the whole story and accurate, timely and meaningful non-financial information is essential for good governance.
Introducing a new performance reporting regime will mean significant change for many PBEs and it is important that sufficient time and support is provided to enable an effective transition.