New Zealand First has introduced a Member’s Bill aimed at preventing banks from refusing their services to businesses because of the current “Environmental, Social, and Governance (ESG) Framework”.

The ‘Financial Markets (Conduct of Institutions) Amendment (Duty to Provide) Amendment Bill’ will mean that no New Zealand business can be denied banking services unless the decision is grounded in law.

https://assets.nationbuilder.com/nzfirst/pages/6764/attachments/original/1743557685/Financial_Markets_Conduct_of_institutions_Amendm-v1.4_1.pdf?1743557685