Case Study: Comvita – Climate action leaders to watch

By David Fyfe – Portfolio Manager, Mint New Zealand SRI Equities Fund

Not all investment ideas need to be big blockbusters, as sometimes it’s the smaller names that can provide the most potential upside. By venturing outside the S&P/NZX50, one name that has come to our attention and more recently into our Mint New Zealand SRI Equities Fund is Comvita.

Who are Comvita and what do they do?

Comvita is a New Zealand-founded company established in 1974. They are a global leader in manufacturing, supplying, and selling Manuka honey and related products. Comvita manages close to 20,000 hives [1] so with the Manuka tree only flowering for 2 -6 weeks a year, it’s a delicate business harvesting this unique product.