Abstract
Mandatory climate-risk disclosures were introduced in Aotearoa New Zealand in 2023 under the Aotearoa New Zealand Climate Standards (NZ CS 1–3), aligned with the Task Force on Climate-Related Financial Disclosures (TCFD). While prior research focuses on disclosure content and market effects, less is known about how organisations enact climate risk within everyday practice. Drawing on social practice theory, this study conceptualises climate-risk disclosure as an organisational accomplishment constituted through the integration of meanings, materials, and competences. Based on semi-structured interviews with twenty climate-reporting entities during their first compliance cycle, we identify three practice configurations: proactive integrators, deliberate compliers, and sectoral realists. These assemblages reflect differentiated alignments of practice elements and varying depths of institutionalisation. By shifting attention from disclosure outputs to disclosure practice, the study advances understanding of how mandatory climate regulation is mediated within organisations and clarifies the conditions under which reporting may extend beyond procedural compliance toward strategic integration and reflexive governance.