TCFD Workshops: Practical steps for implementation
Auckland and Wellington
Standard-setters, policy-makers, investors and citizens around the globe are assessing the ways in which they can meet the Paris Agreement goal of 1.5oC. The 2017 G20 Financial Stability Board’s Recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) has emerged as ‘the framework’ shaping climate-related financial disclosures.
- ‘A total of 785 organisations are now supporters of the TCFD, including the world’s largest banks, asset managers and pension funds, responsible for assets of [USD] $118 trillion’ (FSB, June 2019).
- ‘The TCFD has also received support from governments— Belgium, Canada, France, Sweden, and the United Kingdom—as well as financial regulators around the world, including in Australia, Belgium, France, Hong Kong, Japan, the Netherlands, Singapore, South Africa, Sweden, and the United Kingdom’ (TCFD, June 2019).
- The UK Government expects ‘all listed companies and large asset owners to disclose in line with TCFD recommendations by 2022’. They are ‘[e]stablishing a joint taskforce with UK regulators, chaired by Government, which will examine the most effective way to approach disclosure, including exploring the appropriateness of mandatory reporting’ (UK Green Finance Strategy, July 2019).
- TCFD is discussed in the NZX ESG Guidance Note (NZX, January 2019).
- The New Zealand Government endorses TCFD ‘as one avenue for the disclosure of climate change financial reporting’ and is currently considering ‘the most appropriate means for implementing requirements’ (MfE, August 2019).
Hon James Shaw, Minister of Climate Change (Wgtn only)
Michael Zimonyi, CDSB (Ak and Wgtn)
Mark Baker-Jones, Special Counsel, Simpson Grierson, (Ak and Wgtn)
Michele Embling, Chair, External Reporting Board (XRB) and Chair, PwC (Ak only)
Kirk Hope, Chief Executive BusinessNZ (Ak only)
Kimberley Crook, Chair, NZASB (XRB) (Wgtn only)
Christina Hood, RBNZ (Wgtn only)
Ann Smith, CEO, Enviro-Mark Solutions (Wgtn only)
Ian Edwards, Climate Change Adaptation Consultant, Queensland (By Skype) (Ak and Wgtn)
Dr David Rubens, CEO, Deltar Training Solutions Ltd and Executive Director of the Institute of Strategic Risk Management, London (By Skype) (Ak and Wgtn)
Date: Wednesday, 16 October 2019
Location: Simpson Grierson, Level 28, 88 Shortland Street, Auckland 1141
Time: 8.30 am – 3.00 pm
Date: Thursday, 17 October 2019
Location: Simpson Grierson, Level 24, HSBC Tower, 195 Lambton Quay, Wellington 6011
Time: 8.30 am – 3.00 pm
Thank you to Simpson Grierson for hosting the workshops in their offices in Auckland and Wellington. Thank you also to the Climate Disclosure Standards Board (CDSB) for enabling Michael to join us in New Zealand and share his expertise. If you would like to get in touch regarding this event, please email us at email@example.com.
Click here to register for either the Auckland workshop or the Wellington workshop.
Click here to download the event flyer.
Revisiting Tomorrow: Navigating with Foresight
Lessons from the Commission for the Future
and the New Zealand Planning Council
How to begin the hugely complex task of thinking about the future?
– Margaret Hunn, Commission for the Future, 1981
In the mid-1970s international futurist Alvin Toffler visited New Zealand. During this visit he met with both Prime Minister Robert Muldoon and future Prime Minister Jim Bolger (who at the time was a National Party MP). Their meeting was a precursor to the passing of the 1977 New Zealand Planning Act, which established both the Commission for the Future (long-term thinking) and the
New Zealand Planning Council (medium-term planning).
While the Commission was later disbanded in 1982 under Muldoon, and the Council dissolved in 1991 under Bolger, recent initiatives such as the Infrastructure Commission and the proposed Climate Change Commission have the potential to embed foresight into public policy in new ways.
Shifting away from linear short-term planning is becoming more important as the world faces increasing uncertainty, interconnectedness and exponential change. These challenges will require different ways of exploring and thinking about our future and may lead to the design of new instruments and institutions.
Join us for a panel discussion between Rt Hon Jim Bolger and former members of the Commission for the Future and the New Zealand Planning Council, followed by reflections from several future thinkers on how we might embed foresight into public policy in 2020 and beyond. Speakers include:
Rt Hon Jim Bolger, Former Prime Minister 1990–1997
Dame Silvia Cartwright, Commissioner, Commission for the Future 1977-1981
Peter Rankin, Chief Executive, New Zealand Planning Council 1982–1990
Tāmati Kruger, Chief Negotiator, Tuhoe’s 2013 Treaty Settlement
Amy Fletcher, Associate Professor of Political Science, University of Canterbury
Wendy McGuinness, Chief Executive, McGuinness Institute
Date: Wednesday 30 October 2019
Location: National Library of New Zealand, 70 Molesworth Street, Thorndon, Wellington (Aitken Street entrance)
Time: 5.30 pm – 7.30 pm (arrive by 5.15 pm) followed by refreshments
RSVP: By Monday, 28 October 2019 (seats are limited)
If you would like to get in touch regarding this event, please email us at firstname.lastname@example.org.