Dr DEBORAH RUSSELL (Labour—New Lynn): Thank you, Mr Speaker. I'm delighted to have an opportunity to speak on this revolutionary bill. It's an exciting piece of legislation, and normally people don't actually get too excited about accounting standards. I don't understand that personally, it's something that I find very interesting, but this is legislation that, for one of the first times in the world, ensures that we will have reporting on climate-related risks, that large entities will be required to understand and to report on the climate-related risks that they are facing.