KiwiSaver Responsible Investment

Tax dodgers and predatory lenders oust fossil fuels and tobacco from KiwiSavers’ top 10 hate list

Fossil fuels, and tobacco have been squeezed out of KiwiSavers’ top 10 ethical concerns by abusive social media companies, corporations that don’t pay their fair share of taxes, factory farming and predatory lending.

Research paid for by the Responsible Investment Association of Australasia (RIAA) and New Zealand’s Mindful Money places tobacco eleventh and fossil fuels 12th in the list of things most people did not want their KiwiSaver money invested in. Stuff
Rob Stock 29/10/2020

Ethical KiwiSaver funds prove more resilient

KiwiSaver funds invested solely in ethical companies are outperforming other funds amidst market volatility.

An analysis of returns for the first quarter of 2020 shows growth funds were on average down more than 12 percent, but growth funds that were ethically invested lost on under 8 percent.

Conservative and balanced funds also performed better. Newsroom – 9 April

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

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

Guns, Facebook and Google – investment managers ponder whether to shake up or ship out

Three years ago a wave of pressure from media and the public forced KiwiSaver providers to ditch investments in clusters bombs, nuclear weapons and tobacco stocks.

Now providers are facing difficult decisions over investments in Facebook, Google and Twitter while also changing the way they invest to match the New Zealand Government’s ban on semi-automatic guns. NZ Herald
23 Mar, 2019

Super Fund set to pull out of gun investments

The New Zealand Superannuation Fund and KiwiSaver providers are reviewing their exposure to gun-related investments following the Government’s ban on semi-automatic weapons. NZ Herald
23 Mar, 2019

A return to values

Investors are looking to align their investments with their values, writes Tom McKinlay.
“Money, so they say, is the root of all evil today”.

That was Roger Water’s take on the subject back in 1973, in the chart-topping Pink Floyd song. And if the received wisdom has softened somewhat in the intervening years, the question is still out there: can money do good?

Well, there is some encouraging news on that front. More money is being invested in such a way as to avoid abetting the worst of intentions, the likes of cluster bombs and cigarettes, according to research on trends in New Zealand. Otago Daily Times
By Tom McKinlay, 22 Oct, 2018

Show me the money

Big Oil has repeatedly lied about the impact of burning fossil fuels on our environment. In a repeat of tactics that delayed tobacco regulation for decades, the major oil companies have hidden evidence and paid for junk science by climate deniers. As a result of inaction, millions of people have suffered from air pollution, toxic waste and climate change, particularly those who are vulnerable and living in impoverished communities.
By Barry Coates – October 8, 2018