Climate Change

Investors BlackRock, Vanguard join net zero effort

Top asset managers BlackRock Inc and Vanguard Group Inc have joined an investor push to limit greenhouse gas emissions to net zero by 2050, giving new momentum to the effort despite concerns its goals have some wiggle room. Reuters
By Ross Kerber

Election 2020: Financial sector will have to report on climate change risk in world-first move

Roughly 200 of New Zealand’s biggest companies and financial organisations will be made to report on climate change risk, Climate Change Minister James Shaw has announced.

The policy will force large financial organisations in New Zealand to disclose how exposed their business and investments are to climate change-related risk. Some entities, such as the NZ Super Fund, are already proactively disclosing such risks, ahead of the mandatory regime. Stuff
Henry Cooke and Thomas Coughlan
15 Sep 2020

Climate change and investment

It was around this time last year that I went to the movies and saw Vice, starring one of my favourite actors Christian Bale portraying Dick Cheney’s rise to Vice President under the George W Bush administration.

There was a short scene in the film that just blew me away. It was when a public focus group was asked the question: “‘Global warming’ sounds bad doesn’t it, how do you feel about the term ‘climate change’?” Everyone agreed it sounded much less scary and the next day it was adopted all over the world through a brilliant PR marketing campaign. Good Returns
11 Feb 2020
By Mint Asset Management

Coronavirus: Economic stimulus is climate’s ‘Last Chance Saloon’

As governments around the world prepare to spend billions of dollars to stimulate their economies, climate activists see these investments as the last chance for big spending on climate change, Marc Daalder reports

“We’re out of time.”

That’s the alarm that Climate Change Minister James Shaw has been raising for anyone who will listen. Marc Daalder of Newsroom (via Stuff)

Why carbon emission reporting is important for your retirement wallet

OPINION: Australia is burning and too many New Zealand companies are behaving as if it’s business as usual.

The debate on whether climate change is real or not has come and gone, the key question is what are we all going to do about it?

It’s a question that should matter to anyone who is an investor, including the 3 million New Zealanders who are in KiwiSaver.

The United Nations is concerned that climate change could have a significant impact on financial markets and also the value of stocks you have money invested in, including through your Kiwisaver. Stuff
David Boyle, 7 Feb 2020

Investing to influence climate change

When running for Prime Minister in the 2007 election, Kevin Rudd described climate change as “the greatest moral, economic and social challenge of our time”.

Over time we’ve seen policies come and go, including the carbon pricing scheme enacted by the Gillard government in 2011.

Despite the ineffectiveness of public policy to take hold and be a catalyst, the market had slowly created options for consumers and investors to help contribute to change. Money Management
6 Feb 2020, Chris Dastoor

Why investing in coal mines could (maybe) be ‘responsible investment’

Editor’s note: The opinions in this article are the author’s, as published by our content partner, and do not necessarily represent the views of MSN or Microsoft.

Newsroom business editor Nikki Mandow looked into responsible investment, and found that it is way more complicated, nuanced – and interesting – than she could ever have imagined. Newsroom
Nikki Mandow 18/12/19

Why divest from fossil fuels?

Fossil fuel divestment can have a real impact on a company’s prospects. By refusing to invest in companies that are causing climate change we are denying them a social licence to operate. Australian Ethical Investment
David Macri
14 November 2019