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Insights/Climate Standards Gap Analysis

Climate Standards Gap Analysis

Automated gap analysis of NZX-listed companies against the NZ XRB Climate Standards (NZ CS 1-4), based on TCFD and ISSB frameworks. Assesses 23 requirements across governance, strategy, risk management, and metrics & targets using NZXplorer structured data.

131
Issuers Analyzed
53
Mandatory Reporters
20.4
Average Score
44%
With Emissions Data
Governance (NZ CS 1)
5requirements

Board oversight, climate skills, diversity

Strategy (NZ CS 2)
6requirements

Scenario analysis, transition plan, risks

Risk Management (NZ CS 3)
4requirements

Risk identification, management, integration

Metrics & Targets (NZ CS 4)
8requirements

Emissions, targets, verification

Filters:
Score:-
131 of 131 shown

Climate Gap Analysis Results

All NZX companies assessed against 23 NZ XRB Climate Standards requirements. Scores are based on available structured data only.

#Company Sector Mkt Cap MandatoryScore Met Partial Gap EmissionsTCFDSBTiNet ZeroClimate Skills
1
FBUFletcher Building
Materials$3.6BYes
72
1373YesYesYesYes-
2
FPHFisher & Paykel Healthcare Corporation Limited
Healthcare$22.4BYes
72
1373YesYesYesYes-
3
VNTVentia Services Group Limited
Industrials$5.7BYes
72
1373YesYesYesYes-
4
AIRAir New Zealand
Industrials$1.5BYes
65
1184YesYesYes--
5
NZLNew Zealand Rural Land Company Limited
Real Estate$146MNo
65
1184YesYesYes--
6
CHIChannel Infrastructure NZ Limited
Energy$1.1BYes
63
1094YesYes-Yes-
7
NZMNZME Limited
Communication Services$211MNo
63
1094YesYesYes--
8
WBCWestpac Banking Corporation
Financials$169.3BYes
61
9104YesYes-Yes-
9
DGLDelegat Group Limited
Consumer Staples$435MNo
59
8114YesYes-Yes-
10
STUSteel & Tube Holdings Limited
Materials$92MNo
59
8114YesYes-Yes-
11
KPGKiwi Property
Real Estate$1.5BYes
57
1067YesYes---
12
MFTMainfreight Limited
Industrials$6.1BYes
57
1067YesYes---
13
AIAAuckland International Airport Limited
Industrials$14.1BYes
52
887YesYes---
14
CDICDL Investments New Zealand Limited
Real Estate$224MNo
52
887YesYes---
15
FRWFreightways Group Limited
Industrials$2.4BYes
52
887YesYes---
16
NZXNZX Limited
Financials$457MYes
52
887YesYes---
17
RADRadius Residential Care Limited
Healthcare$112MNo
52
887YesYes---
18
SCLScales Corporation Limited
Industrials$867MNo
52
887YesYes---
19
THLTourism Holdings Limited
Consumer Discretionary$531MNo
52
887YesYes---
20
TRATurners Automotive Group
Consumer Discretionary$756MNo
52
887YesYes---
21
WINWinton Land Limited
Real Estate$587MNo
52
887YesYes---
22
ARBArborGen Holdings Limited
Industrials$54MNo
50
797YesYes---
23
EBOEBOS Group Limited
Healthcare$4.6BYes
50
797YesYes---
24
SUMSummerset Group Holdings Limited
Healthcare$2.5BYes
50
878-YesYes--
25
BIFBooster Innovation Fund
Financials$24MYes
48
788YesYes---
26
PLPPrivate Land and Property Fund
Real Estate$211MNo
48
788YesYes---
27
VSLVulcan Steel Limited
Materials$1.1BYes
46
698YesYes---
28
HGHHeartland Group Holdings Limited
Financials$1.2BYes
37
5711-Yes---
29
POTPort of Tauranga Limited
Industrials$5.3BYes
37
5711-Yes---
30
RBDRestaurant Brands New Zealand Limited
Consumer Discretionary$623MNo
37
5711-Yes---
31
RYMRyman Healthcare Limited
Healthcare$2.3BYes
37
5711-Yes---
32
SCTScott Technology Limited
Industrials$200MNo
37
5711-Yes---
33
SEKSeeka Limited
Consumer Staples$230MNo
37
5711-Yes---
34
MOVMOVE Logistics Group Limited
Industrials$29MNo
28
5315Yes--Yes-
35
OCAOceania Healthcare Limited
Healthcare$540MNo
28
5315Yes-Yes--
36
PCTPrecinct Properties New Zealand Limited
Real Estate$2.0BYes
28
5315Yes--Yes-
37
SPGStride Property Limited
Real Estate$655MNo
28
5315Yes--Yes-
38
MHJMichael Hill International Limited
Consumer Discretionary$198MNo
26
4415Yes--Yes-
39
LICLivestock Improvement Corporation Limited
Financials$142MYes
24
4316Yes----
40
DOWDowner EDI Limited
Industrials$3.8BYes
22
3416---Yes-
41
FCGFonterra Co-operative Group Limited
Consumer Staples$10.1BYes
22
4217--Yes--
42
FSFFonterra Shareholders' Fund
Consumer Staples$901MNo
22
4217--Yes--
43
ATMThe a2 Milk Company Limited
Consumer Staples$8.2BYes
20
4118Yes----
44
HLGHallenstein Glasson Holdings Limited
Consumer Discretionary$592MNo
20
4118Yes----
45
MCKMillennium & Copthorne Hotels New Zealand Limited
Consumer Discretionary$345MNo
20
4118Yes----
46
MELMeridian Energy Limited
Utilities$14.2BYes
20
4118Yes----
47
MFBMy Food Bag Group Limited
Financials$55MYes
20
4118Yes----
48
NPHNapier Port Holdings Limited
Industrials$708MNo
20
4118Yes----
49
NZKNew Zealand King Salmon Investments Limited
Consumer Staples$108MNo
20
4118Yes----
50
PFIProperty for Industry Limited
Real Estate$1.2BYes
20
4118Yes----
51
RUARua Bioscience Limited
Healthcare$11MNo
20
4118Yes----
52
SPKSpark New Zealand Limited
Communication Services$4.2BYes
20
4118Yes----
53
SPNSouth Port New Zealand Limited
Industrials$237MNo
20
4118Yes----
54
TWRTower Limited
Financials$620MYes
20
4118Yes----
55
VCTVector Limited
Utilities$4.7BYes
20
4118Yes----
56
WHSThe Warehouse Group Limited
Consumer Discretionary$250MNo
20
4118Yes----
57
AFTAFT Pharmaceuticals Limited
Healthcare$368MNo
17
3218Yes----
58
CMOThe Colonial Motor Company Limited
Consumer Discretionary$268MNo
17
3218Yes----
59
FWLFoley Wines Limited
Consumer Staples$38MNo
17
3218Yes----
60
GMTGoodman Property Trust
Real Estate$3.0BYes
17
3218-----
61
GTKGentrack Group Limited
Information Technology$886MNo
17
3218Yes----
62
GXHGreen Cross Health Limited
Healthcare$172MNo
17
3218Yes----
63
KMDKMD Brands Limited
Consumer Discretionary$160MNo
17
3218Yes----
64
MCYMercury NZ Limited
Utilities$8.8BYes
17
3218Yes----
65
GNEGenesis Energy Limited
Utilities$2.5BYes
15
3119Yes----
66
SANSanford Limited
Consumer Staples$677MNo
15
3119Yes----
67
BRMBarramundi Limited
Financials$191MYes
11
2120Yes----
68
MLNMarlin Global Limited
Financials$195MYes
11
2120Yes----
69
2CC2 Cheap Cars Group Limited
Financials$29MYes
4
1022-----
70
AFCAFC Group Holdings Limited
Financials$4MYes
4
1022-----
71
AFIAustralian Foundation Investment Company Limited
Financials$10.2BYes
4
1022-----
72
AGLAccordant Group Limited
Utilities$10MNo
4
1022-----
73
ALFAllied Farmers Limited
Financials$22MYes
4
1022-----
74
ANZANZ Group Holdings Limited
Financials$133.0BYes
4
1022-----
75
AOFAoFrio Limited
Financials$36MYes
4
1022-----
76
APLAsset Plus
Real Estate$69MNo
4
1022-----
77
ARGArgosy Property Limited
Real Estate$964MNo
4
1022-----
78
BAIBeing AI
Healthcare$5MNo
4
1022-----
79
BFGBurger Fuel Group Limited
Consumer Discretionary$12MNo
4
1022-----
80
BGPBriscoe Group Limited
Consumer Discretionary$1.0BYes
4
1022-----
81
BITThe Bankers Investment Trust PLC
Financials$2.9BYes
4
1022-----
82
BLTBLIS Technologies Limited
Consumer Staples$20MNo
4
1022-----
83
BPGBlack Pearl Group Limited
Real Estate$87MNo
4
1022-----
84
BRWBremworth Limited
Consumer Discretionary$49MNo
4
1022-----
85
CCCCooks Coffee Company Limited
Consumer Staples$14MNo
4
1022-----
86
CENContact Energy Limited
Utilities$9.7BYes
4
1022-----
87
CNUChorus Limited
Communication Services$4.0BYes
4
1022-----
88
CRPChatham Rock Phosphate Limited
Industrials$7MNo
4
1022-----
89
CVTComvita Limited
Industrials$47MNo
4
1022-----
90
ENSEnprise Group Limited
Information Technology$12MNo
4
1022-----
91
ERDEROAD
Industrials$167MNo
4
1022-----
92
FCTF&C INVESTMENT TRUST PLC
Financials$15.5BYes
4
1022-----
93
GENGeneral Capital Limited
Financials$27MYes
4
1022-----
94
HFLHenderson Far East Income Limited
Financials$832MYes
4
1022-----
95
IFTInfratil Limited
Utilities$10.6BYes
4
1022-----
96
IKEikeGPS Group Limited
Materials$190MNo
4
1022-----
97
IPLInvestore Property Limited
Real Estate$406MNo
4
1022-----
98
IPRIperion Limited
Real Estate$2MNo
4
1022-----
99
KFLKingfish Limited
Financials$432MYes
4
1022-----
100
MEEMe Today Limited
Consumer Staples$5MNo
4
1022-----
101
MEXMinerals Exploration Limited
Materials$36MNo
4
1022-----
102
MKRManuka Resources Limited
Materials$243MNo
4
1022-----
103
MPGMetro Performance Glass
Real Estate$36MNo
4
1022-----
104
NTLNew Talisman Gold Mines Ltd
Industrials$12MNo
4
1022-----
105
PEBPacific Edge Limited
Healthcare$198MNo
4
1022-----
106
PGWPGG Wrightson Limited
Industrials$165MNo
4
1022-----
107
PHLPromisia Healthcare Limited
Healthcare$24MNo
4
1022-----
108
PYSPaySauce Limited
Information Technology$42MNo
4
1022-----
109
RAKRakon Limited
Information Technology$338MNo
4
1022-----
110
RTORTO Limited
Information Technology$2MNo
4
1022-----
111
SDLSolution Dynamics Limited
Consumer Discretionary$9MNo
4
1022-----
112
SKCSkyCity Entertainment Group Limited
Consumer Discretionary$871MNo
4
1022-----
113
SKLSkellerup Holdings Limited
Industrials$1.1BYes
4
1022-----
114
SKOSerko Limited
Industrials$244MNo
4
1022-----
115
SKTSky Network Television Limited
Communication Services$469MNo
4
1022-----
116
SMISantana Minerals Ltd
Materials$982MNo
4
1022-----
117
SMLSynlait Milk Limited
Consumer Staples$296MNo
4
1022-----
118
SVRSavor Limited
Consumer Staples$16MNo
4
1022-----
119
TAHThird Age Health Services Limited
Consumer Discretionary$49MNo
4
1022-----
120
TEMTempleton Emerging Markets Investment Trust PLC
Financials$1.5BYes
4
1022-----
121
TGGT&G Global Limited
Consumer Staples$309MNo
4
1022-----
122
TRUTRUSCREEN GROUP LIMITED
Industrials$13MNo
4
1022-----
123
TWLTradeWindow Holdings Limited
Industrials$35MNo
4
1022-----
124
VGLVista Group International Limited
Information Technology$432MNo
4
1022-----
125
VHPVital Healthcare Property Trust
Real Estate$1.5BYes
4
1022-----
126
WCOWasteCo Group Limited
Industrials$12MNo
4
1022-----
127
CO2Carbon Fund
Financials$27MYes
0
0023-----
128
LOCLocate Technologies Limited
Information Technology$20MNo
0
0023-----
129
RGIRua Gold Inc
Materials$220MNo
0
0023-----
130
TCMTaiko Critical Minerals Limited
Materials-No
0
0023-----
131
UVAUvre Limited
Materials-No
0
0023-----

Methodology

NZ XRB Climate Standards

New Zealand's External Reporting Board (XRB) adopted climate-related disclosure standards (NZ CS 1-4) aligned with the TCFD framework and ISSB standards. Large listed issuers, banks, and insurers with over $1B in assets are mandatory climate reporting entities.

23 Requirements Assessed

Each company is assessed against 23 requirements spanning Governance (5), Strategy (6), Risk Management (4), and Metrics & Targets (8). Each requirement is scored as Met (100%), Partial (50%), or Gap (0%), producing an overall score out of 100.

Scoring

Scores are color-coded: green (60+) indicates strong alignment, amber (30-59) indicates partial compliance with gaps, and red (below 30) indicates significant gaps. Scores are based on structured data available in NZXplorer and may not capture all disclosures.

Data Sources

Analysis draws on ESG emissions data, reporting standards adoption (TCFD, GRI, SBTi), board diversity statistics, director skills matrices, climate-related announcements, and revenue segment disclosures. No external API calls or AI interpretation is used.

Framework references: XRB Aotearoa NZ Climate Standards NZ CS 1-4 (2022), TCFD Recommendations (2017), ISSB IFRS S2 Climate-related Disclosures (2023), Science Based Targets initiative (SBTi), GRI Standards, UN SDGs.

Related Insights

Climate Disclosure

NZX company climate reporting and emissions data.

ESG Reporting

Environmental, social, and governance reporting standards.

NZ CS Compliance

NZ Climate Standard compliance tracker.

Data sourced from NZX ESG emissions, reporting standards, board skills, announcements. Our datasets may not be complete. Automated analysis can produce errors. Scores are calculated using disclosed methodology and are analytical tools, not investment ratings or recommendations. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz.

For informational purposes only. Not investment advice.