In a previous edition of Property Voice, we shared that The Centre for Sustainable Finance (CSF), in partnership with the New Zealand Government, is developing the NZ Taxonomy. This voluntary classification system provides common criteria for identifying sustainable and transition-aligned economic activities. It aims to give investors, lenders and businesses greater clarity when assessing sustainability and help direct capital towards activities that support a low-emissions, climate-resilient economy.
Following consultation on agriculture and forestry, and then energy, the focus is now turning to the construction and buildings sector. Public consultation on the draft criteria is open until 30 October 2026.
Read the draft Construction and Buildings criteria to find out more.
Property Council is preparing a submission with support from our Environment and Sustainability Taskforce. If you would like to contribute your perspective, please contact Sandy at sandamali@propertynz.co.nz
Author | Sandamali Ambepitiya
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