Investment in unethical businesses falling
According to the Financial Markets Authority, around 90% of investment is now being managed with some form of ESG overlay.
As KiwiSaver hits $111 billion in funds under management, that’s $100 billion of KiwiSaver funds, FMA general counsel LIam Mason told attendees at the Responsible Investment Australasia Association NZ last month.
ESG and ethical investment aren’t the same, as outlined by Pathfinder’s John Berry. An ESG rating doesn’t measure how a company contributes to a better society...MORE»
RIAA aligning climate standards across bordersWednesday, September 25th, 6:19AM
Climate standards must be consistent and comparable while ensuring they don’t drive “vanilla” uniformity. MORE» |
Harbour puts out first stewardship report as sustainability round upWednesday, July 24th, 5:21AM
Harbour Asset Management has included a stewardship report for the first time as part of its annual sustainability report. MORE» |
Climate reporting not yet backed by climate action
A 2023 survey of New Zealand institutional investors, with collectively more than $230 billion assets under management, has found slow progress on investment targeting climate mitigation.
MORE»Ethical investment course coming for advisers
Responsible Investment Association Australasia is launching a specialised course for advisers wanting to integrate ESG and sustainability into client offering.
MORE»Mindful Money Awards celebrates leaders
Cambridge financial advisers Moneyworks were named Best Ethical Financial Adviser at the Mindful Money Awards held in Auckland last night.
MORE»Mindful Money adds two fixed interest funds to ethical list
Mindful Money has expanded the number of managed funds it recommends as being ethical, dubbed Mindful Managed Funds, on its website.
MORE»RIAA launches investor guide on AI and human rights
Potential harm to people, reputational and operational risk to companies, regulatory and financial risk - all reasons why investors should care about AI and human rights.
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