RNZ - Anusha Bradley, 12 April 2017
Auckland Council has voted to dump its investments in controversial weapons, tobacco, fossil fuels and gambling.
Investing in companies that make sugary, unhealthy or alcoholic products will still be allowed, but must be closely monitored under its new responsible investment policy.
A review of the council's investments was triggered last year after RNZ found some of its $320 million 'rainy day' fund held shares in tobacco, alcohol and sugary drink companies.