Responsible Investment News

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".

The simple finance decisions that can make a huge impact

The Guardian (paid for by Bank Australia)
Millennials are proving that when it comes to making an impact, they’re not happy with a participation trophy. They want to be the most valued players.

Most of us make choices to live life responsibly and ethically, and when we entrust someone with our earnings, we expect they will invest it according to our values. But do we really monitor what our bank or super fund is doing with our money?

To divest or not to divest? That is the question

Money Management 22 March 2019
... should (investors) simply divest from “bad” companies, or should they be using their stake to change the inner workings of companies?

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

NZ Herald 23 Mar, 2019
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.

Super Fund set to pull out of gun investments

NZ Herald 23 Mar, 2019
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.

Carbon Emissions Hit a Record High

Bloomburg By Mathew Carr and Jeremy Hodges March 26, 2019
Carbon emissions from fossil-fuel use hit a record last year after energy demand grew at its fastest pace in a decade, reflecting higher oil consumption in the U.S. and more coal burning in China and India.

10 ways to neutralise your personal carbon footprint

RNZ From Nine To Noon, 20 March 2019
Dr Janet Stephenson, the Director of Otago University's Centre for Sustainability shares ten ways individuals and households can minimise their carbon footprint.

Jonathan's note: at the end of the interview, Dr Janet Stephenson refers to investing responsibly.

Investment funds add voices to calls for more responsibility on social media

Stuff Susan Edmunds Mar 20 2019
The NZ Super Fund, Accident Compensation Corporation, Government Superannuation Fund Authority, National Provident Fund and Kiwi Wealth are putting their investment heft behind calls for Facebook, Google and Twitter to take action following the live-streaming and sharing on social media of last week's Christchurch terror attacks.

Ethical funds review Facebook shareholding amid political crackdown

The Sydney Morning Herald By Jennifer Duke and Fergus Hunter March 20, 2019
Ethical investment funds are reviewing their shareholdings in Facebook after the platform was used to livestream the Christchurch terror attacks, as digital giants scramble to defend their practices amid growing global criticism.