New Zealand Prime Minister on ESG

New Zealand Prime Minister Jacinda Ardern wants the country’s financials to reflect a more holistic look at value and values:

“Our vision is focused on higher living standards for New Zealanders. Achieving this requires growing the country’s human, social, natural, and financial/physical capitals which together represent New Zealand’s economic capital. Our vision is to be a world-class Treasury working for higher living standards for New Zealanders.”

We want to emphasize that this is in no way “non-financial.” It is a more accurate picture of the economic vitality of an entity, real value, not accounting “value.”

 

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