Responsible Investment News

Posts in Climate Change Categories

Why carbon emission reporting is important for your retirement wallet

Stuff David Boyle, 7 Feb 2020
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.

Investing to influence climate change

Money Management 6 Feb 2020, Chris Dastoor
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.

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

Newsroom Nikki Mandow 18/12/19
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.

Why divest from fossil fuels?

Australian Ethical Investment David Macri 14 November 2019
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.

Persistent Carbon Emissions Signal Global Climate Goal Is Out of Reach

Bloomberg By James Thornhill and Eric Roston December 4, 2019
While global carbon emissions growth is slowing, the persistent rise is a warning that governments aren’t doing enough to stave off the worst consequences of climate change, according to a new report.

Australian Ethical: Clear and present danger

13 November 2019 David Macri Chief Investment Officer Australian Ethical Investment Limited
I was in London early this month where I witnessed the climate change rallies in full swing. It was an extraordinary sight. The movement's supporters came from all walks of life. It could have easily been mistaken for a fun run if not for the placards railing against the environment crisis.


UN Calls Global Climate Outlook ‘Bleak’

Bloomberg By Eric Roston, 26 Nov 2019
Greenhouse gas emissions are rising and the window for action closing. Still, there are some hopeful trends.

Calls mount for ACC to distance itself from fossil fuels, after Parliament report

Stuff Thomas Coughlan Nov 21 2019
ACC is facing mounting calls to sell its investment in fossil fuel companies, following the release of a Parliamentary select committee report into its ethical investment policy.

Green MP Chloe Swarbrick is calling on the fund to sell its fossil fuel investments, and if it refuses for the Government to use the law to force its hand.

The Government-owned fund controls roughly $40 billion worth of investment, with nearly $1b of that currently invested in fossil fuels.

It has $778 million invested in renewable energy.

Firms ignoring climate crisis will go bankrupt, says Mark Carney

The Guardian, 13 Oct 2019 Damian Carrington
Companies and industries that are not moving towards zero-carbon emissions will be punished by investors and go bankrupt, the governor of the Bank of England has warned.

Justin Welby: investors must pressure firms to act on climate crisis

The Guardian Sean Farrell 27 Aug 2019
Archbishop of Canterbury says fund managers are not doing enough to press for change.

The archbishop of Canterbury has criticised the investment industry for inaction over the climate crisis and called on fund managers to push companies to reduce their impact on the environment.