How does the NZDPU interact with other climate transition-related data initiatives?

Addressing the lack of high-quality, widely accessible private-sector climate data requires collaboration among many stakeholders. There are many stakeholder types with varying roles in advancing the quality, availability, and comparability of climate data. Flows of climate data are complex—and sometimes circular—as information is created, collected, disclosed, analyzed, and used.

Financial and non-financial companies, policymakers, data service providers, disclosure platforms, and others are often interconnected in driving both the supply and demand of information. The NZDPU aims to centralize a core set of private sector climate-transition related data disclosures in one place to make it freely accessible to all stakeholders. However, the NZDPU cannot achieve its full potential alone at the speed and scale required.

There are many initiatives helping to drive the availability and quality of private sector climate data and the NZDPU’s vision is to centralize data from a variety of different sources building on the important work done by the One Planet Data Initiative and a range of other organizations to increase the transparency of climate data.

Collaborations to connect existing work to transmit data into the NZDPU will be critical in increasing company coverage while limiting reporting burden for companies by avoiding redundant submission processes. As a component of a growing global climate data architecture, the Utility is being designed to be integrated with the UNFCCC’s Non-State Actor Zone for Climate Action.