Working Paper 2021/06 – Reviewing TCFD information in 2017–2020 Annual Reports of

This working paper provides a quantitative assessment of the state of climate reporting in New Zealand through the lens of NZSX-listed companies who have published annual reports that (i) mention climate-related information in the years 2019 and 2020 or (ii) mention TCFD between the years 2018 and 2020. [...] As such, this report includes full set and drive the agenda in order for of the independent Climate Change no technology barriers to the use disclosures against five of the recommended 11 disclosures in the four key areas: Governance, the New Zealand energy sector and Commission and supported a of hydrogen in transport energy, it Strategy, Risk, and Metrics and Targets (see TCFD Index on page 158). [...] As such, this report includes full set and drive the agenda in order for of the independent Climate Change no technology barriers to the use disclosures against five of the recommended 11 disclosures in the four key areas: Governance, the New Zealand energy sector and Commission and supported a of hydrogen in transport energy, it Strategy, Risk, and Metrics and Targets (see TCFD Index on page 158). [...] Industry associations and the valuable We have begun to align our reporting with the role they play recommendations of the TCFD and will continue to evaluate and enhance our climate-related disclosures to We are a member of a number of industry associations that we reflect our accelerated response in managing the impacts believe provide value to our business, industry, the economy and of climate c. [...] Our response to the recommendations of the TCFD and the location of these disclosures are summarised in the table below.