350 Aotearoa applauds the passing of the Climate-related Disclosures Bill by parliament in its third reading in Parliament today. Mandatory climate-related risk disclosure is a useful mechanism to ensure extensive and thorough climate-risk reporting in our financial sector.
“Thousands of people across Aotearoa, including our government and the Minister of Finance, are calling for ACC to stop investing our public money in the fossil fuel industry. We’re taking action to send ACC’s Board a message that it needs to commit to divest from fossil fuels by the 31st of July.”
“The announcement from the government today reflects the Fossil Free State Sector coalition’s concern that the government hasn’t adequately assessed the scale of Aotearoa’s decarbonisation challenge and aligned this with budget commitments."
“The changes to default Kiwisaver standards reflect the power of citizens coming together to demand climate action. New Zealanders do not want their savings associated with the fossil fuel industry that is most responsible for emissions causing the climate crisis,” said Erica Finnie, Executive Director of 350 Aotearoa.
A coalition of climate, education and public health organisations, concerned that hundreds of schools burn fossil fuels for heating, are calling for the government to commit to funding a fast transition to 100% renewable energy in all of our schools & wider state-sector by 2025. The coalition includes Parents for Climate Aotearoa, School Strike 4 Climate, NZEI Te Riu Roa, Coal Action Network Aotearoa, OraTaiao: New Zealand Climate and Health Council, and 350 Aotearoa.