Not a word on sales post balance date from what I can glean from the notes of the meeting.
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Why is climate such a big deal to this company
They choose and build the sites they own so surely due diligence is done on flooding risk at that time.
Why so much focus on this issue for them.... it is just a waste of their effort for virtue signalling purposes. Remember how Synlait went pink and look whats happened to them.
Any juicy questions? Had the privilege of catching the catching the insightful ones last year on native trees, recycling and how that lady was really interested in getting costs for a room at the Helier.
Unfortunately I think you will find the companies have no choice in the matter…they probably don’t want to do the climate reporting either.
you can read a bit more here…but there has been a glut of first reports hitting the market lately
https://www.fma.govt.nz/business/ser...ctober%202024.
https://www.fma.govt.nz/assets/Guida...ed-to-know.pdf
You are right, there is a new climate related reporting thingee, if your capitalisation is over $60m you have to include this in the Ann Report. It is costing companies a lot of money as they want to get it right.
Very annoying and more wastage of resources to satisfy the bureaucrats.