New Zealand’s Mandatory ESG Disclosures

Starting 1st April 2023, many large New Zealand organisations will be required to publish climate-related disclosures (CRD) in line with XRB reporting standards. With ESG regulations expected to continue tightening, organisations and their directors are facing the same level of responsibility to understand and disclose material like they have historically done for financial information. Responsible directors who contravene the CRD regime could face significant civil and criminal liability, with fines up to NZ $1M and prison time of up to 5 years.


In addition, the upcoming requirement for independent assurance leaves no room for misstep, tasking organisations to report and reduce Greenhouse Gas emissions (GHG) in line with standards. Companies need to act now to ensure the integrity and accuracy of their GHG discloses. New Zealand's public sector organisations have also been directed to comply with the Carbon Neutral Government Programme

 

Discover how Diligent's expert ESG team and tools can help your organisation understand the latest CRD requirements by requesting a demo.


Fill out the form on the right to download the asset on How To Prepare for Mandatory Disclosures. 

Download: How to prepare for mandatory disclosures

See how these 6 foundational components can help your organisation prepare for the climate-related disclosures (CRD) in line with XRB reporting standards

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Diligent ESG Can Help You Prepare For The CRD

CompCarbon Accounting by Diligent checks all of these boxes and more. It presents a single source of truth that can help your organization easily generate accurate sustainability reports by automatically collating your data. Access dozens of pre-built, auditable reports to save time and cut auditing costs related to emissions reporting.

 

Diligent’s ESG solution offers:

  • Automated and auditable data collection, cleansing, analysis and reporting across over 2,000 fuels and business activities, including all Scope 1, 2, 3, CSR and supply chain data sources
  • Map your ESG data against always-updated standards including SASB, GRI, TCDF, WEF, CDP – and against your own internal frameworks
  • Benchmark progress across executive remuneration and public perception monitoring

Moreover, this carbon accounting software will help you build transparency and maintain stakeholder trust through comprehensive and reliable greenhouse gas reporting.

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Download Whitepaper: How to prepare for mandatory Disclosures
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Automate & Scale ESG Activities

Streamline and save time on ESG processes across the entire organisation. Continuously evaluate risk, test controls and monitor compliance with robotic process automation specifically designed to integrate and analyse your ESG data.
  • Automatically assign tasks, deploy and monitor questionnaires and assessments, send requests and follow-ups, and track progress against goals – all in a few clicks
  • Select from preconfigured ESG workflows or build your own
  • Enable real-time alerts that monitor third-party risk, so you can address any issues before they become a problem
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Download Whitepaper: How to prepare for mandatory Disclosures

Quickly Report on ESG Progress

Collect data once, then report on it in customisable configurations. Always accurate, always auditable.
  • Easily integrate ESG data from multiple internal systems and manual data sources
  • Ensure consistent data disclosure across various stakeholders and frameworks
  • Provide executives and board members with visual storyboards and dashboards for quick consumption and quick action
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Download Whitepaper: How to prepare for mandatory Disclosures

Why choose Diligent ESG Solution?

Proven and powerful: The data and intelligence Diligent ESG can provide is unmatched. Diligent helps organisations gain clarity on evolving regulations, requirements and liabilities.

Centralise a Growing Ecosystem of ESG Data
Leverage a single platform to collect, collaborate, and measure ESG data from across your organisation and produce the reports you need instantly.
Increase Efficiency and Minimise Costs
Save up to 27% of total ESG net costs by reducing audit spend by 50% and automation that saves you and your team hundreds of hours of work each year.
Turn ESG Goals into Measurable Outcomes
Tell your ESG story with compelling data that shows key stakeholders your ESG initiatives are more than just promises. All while bringing organisational transparency that helps you meet