Climate Scenarios

Climate Scenarios for the Construction and Property Sector

New reporting requirements for climate-related disclosures came into effect in early 2023. This means large, listed companies (with a market capitalisation of more than $60 million) will be required to make climate statements outlining the potential effect of climate change on their business.

Leading experts in the construction and property sector have created three comprehensive climate change scenarios to guide the industry on how they assess and report these disclosures.

Sector participants will be able to use these scenarios to apply a consistent method when conducting scenario analysis, in line with External Reporting Board’s (XRB’s) reporting standards.

The report, developed by Beca for Te Kaunihera Hanganga Tautaiao | New Zealand Green Building Council (NZGBC) can be downloaded here

Special thanks to all those who contributed to this work.