Property Council submission on the Aotearoa New Zealand Sustainable Finance Taxonomy (NZ Taxonomy): Construction and Buildings criteria
On 30 October 2026, Property Council submitted on the Aotearoa New Zealand Sustainable Finance Taxonomy (NZ Taxonomy): Construction and Buildings criteria. Why this matters to our members Property Council supports the Taxonomy’s objective of directing investment towards activities that contribute to New Zealand’s climate and sustainability goals. The framework has the potential to help guide investment in new developments, existing buildings and building improvements. It is therefore important that it is relevant and useful to our members and the wider property sector. Our view While supportive of its intent, Property Council is concerned that the criteria, as it currently stands, need to be more outcome-focused, with clearer, simpler, and more practical requirements that are easier to understand and apply. The
