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flag New Zealand’s cut in climate disclosure rules may hurt global competitiveness and sustainability skills, CPA Australia warns.

flag CPA Australia warns New Zealand’s reduction of climate disclosure requirements from 164 to 76 entities may weaken long-term readiness for global standards, create knowledge gaps, and hinder development of critical sustainability reporting skills. flag While acknowledging cost and implementation challenges, the organization stresses that limited reporting risks undermining policy effectiveness, international competitiveness, and the ability to meet evolving climate goals as major trading partners advance their own disclosure rules.

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