The Task-force on Climate-related Financial Disclosures (TCFD) was set-up to help develop voluntary, consistent climate-related financial risk disclosures for use by companies in providing information to investors, lenders, insurers, and other stakeholders. New Zealand has made it mandatory for all banks, asset managers and insurance companies with more than NZ$1 billion in assets to disclose their climate risks, in line with the emerging global standard from the Task Force on Climate-related Financial Disclosures (TCFD). Mandatory TCFD disclosure by New Zealand is a perfect example of a progressive approach taken by a country to ensure its disclosure standards are aligned with international best practices. When India established the NGT, it probably became only the third country in the world after New Zealand and Australia to have specialised environmental court/tribunal. It would be a good idea to follow New Zealand’s example again and adopt a progressive approach where companies are required to make disclosures of environment and climate change risks.