Responsible Investment News

Capitalism, Red in Tooth and Claw, Is Going Vegan

Bllomberg Opinion By Mark Gilbert May 12, 2019
When pressure from investors dovetails with index-beating returns, fund managers are sure to notice.

Stalling on Climate Change Action May Cost Investors Over $1 Trillion

Bloomberg By Mathew Carr May 11, 2019
Delays in tackling climate change could cost companies about $1.2 trillion worldwide during the next 15 years, according to the United Nations.

Climate groups to rally NZ banks

Thursday, 9 May 2019 Press Release: 350 Aotearoa
Climate groups to rally NZ banks to break ties with fossil fuel companies

On Friday 10th and Saturday 11th May, grassroots climate action groups across Aotearoa will take action to call for banks in New Zealand to stop lending to or investing in fossil fuel companies. The events in Auckland, Kāpiti, Wellington, Nelson, Christchurch, and Dunedin are coordinated by 350 Aotearoa, as part of their Fossil Free Banks campaign, calling for banks to cut their ties with the fossil fuel industry.

New UN Report Says Nature Is in Worst Shape in Human History

People are putting nature in more trouble now than at any other time in human history, with extinction looming over 1 million species of plants and animals, scientists said Monday.

Oram: The sixth wave is coming Rod Oram APRIL 28, 2019
Other than the fact they are our two biggest producers of greenhouse gases, it seems cars and cows have little in common. However, both will benefit from the next wave of the industrial revolution, writes Rod Oram.

Writing on the wall for oil companies, say funds

The Australian APRIL 29, 2019
Several big fund managers believe that oil companies should shut themselves down because soon they will become impossible to invest in as the world switches to renewable energy.

Ethical investment: How green is my fund really?

The Australian Financial Review Apr 17, 2019 This is sponsored content for Australian Ethical Investment.
More Australians are trying to live an ethical life and want their investments to do the same, seeking to use the power of their savings to have a positive impact on issues including climate change and the environment.

But despite this, many are still unsure whether funds are investing in line with their values and how they can pursue these social goals while growing or protecting wealth.

There's lots to admire in the Islamic approach to finance

Stuff Janine Starks Mar 29 2019
OPINION: Sonny Bill Williams once taped over the BNZ logo on his rugby shirt. Most people knew he was objecting to "banks" and probably assumed it was for the same reason we all jump up and down - the level of profits made. It wasn't that at all.

Investors Should Worry If Climate Goals Are Missed, Report Warns

Bloomberg By William Wilkes and Christopher Flavelle April 9, 2019
Investors be warned: If the planet heats up by more than two degrees, it’s going to get a lot harder to make money.

That’s the conclusion of investment advisory firm Mercer LLC, which modeled the financial fallout from two, three and four degrees Celsius of global warming through 2100 in a report released Monday.

Oil and gas giants shed billions after Norwegian fund's divestment

The Sydney Morning Herald March 11, 2019
Australian energy companies shed more than $2.5 billion on Monday after Norway's sovereign wealth fund’s decision to cut its global oil holdings, the rout even hitting companies the fund didn’t own.

The group is the world’s largest sovereign wealth fund, with more than $1 trillion in investments. On Friday, the fund's deputy governor, Egil Matsen, said it would divest its stakes in energy exploration and production companies "to make the government's wealth less vulnerable to a permanent drop in oil prices".