The purpose of the bill is very clearly set out: "ensure that the effects of climate change are routinely considered in business, investment, lending, and insurance underwriting decisions". Well, risk already is by these companies. These are large entities that are, more often, listed on stock exchanges in New Zealand, or can be overseas, and they already have significant obligations to report risk, to consider risk. In the case of this, therefore, when it comes to climate change, where it doesn't move them directly, or actually indirectly, to do anything about their own activity when it comes to their carbon footprint, then it is well meaning but actually won't make the changes that the Minister has just spoken about.