This information sheet details compliance expectations of the FMA for scenario analysis disclosures made under the climate-related disclosures (CRD) regime. It will be useful for climate reporting entities (CREs), their directors, and other interested parties.
The CRD framework includes a requirement to conduct scenario analysis and disclose the process undertaken.
This information sheet sets out:
This information sheet was updated in October 2023 to address questions raised during engagement with climate reporting entities and industry bodies.
The substantive updates are inclusion of:
Other minor updates have been made to provide further clarification and context.