Nuclear weapons and nicotine alternatives a no-go zone for responsible investors
Nuclear weapons production and the manufacture of nicotine alternatives will no longer be permitted in investment products certified by the Responsible Investment Association Australasia (RIAA).
The move comes following an update to the minimum requirements of its Responsible Investment Standard.
The standard – which informs investment-related legislation and policy, and underpins its pioneering Responsible Investment Certification Program – specifies that a responsible investment product must, at a minimum, avoid significant harm. This means investors must exclude producers...MORE»
Climate change disclosures - the FMA's regulatory responseWednesday, November 17th, 1:16PM
The Financial Markets Authority (FMA) has published its implementation approach for the Financial Sector (Climate-related Disclosures and Other Matters) Amendment Bill (CRD Bill). MORE» |
NZ Super invests US$100m in climate tech fundFriday, November 12th, 9:26AM
The New Zealand Super Fund has committed US$100 million to the Fifth Wall Climate Technology Fund, an early-stage fund managed by leading real estate technology venture capital firm Fifth Wall. MORE» |
Investors in a race to zero
Mindful Money has formed a coalition of organisations to encourage and support investors to deepen their climate action, Barry Coates explains why it is so important.
MORE»Funds' net-zero committment must be credible
Public disclosure will be crucial to the success of the Crown Responsible Investment Framework says Mindful Money's Barry Coates who also says "pledge and forget is not an option".
MORE»Climate change disclosure rules pass final hurdle
All but one of New Zealand's political parties have voted to pass the Financial Sector (Climate-related Disclosures and Other Matters) Amendment Bill meaning around 200 large banks, insurers, KiwiSaver schemes and fund managers will now have to produce annual climate statements.
MORE»Kernel Wealth plants seeds for the future with new ESG funds
Kernel Wealth has been waiting for the right time to pick some quality funds to start filling its ESG basket and has now delivered them to market.
MORE»NZ Super invests in offshore energy infrastructure
The $58 billion New Zealand Super Fund has committed up to $208 million into Copenhagen Infrastructure Partners (CIP) Energy Transition Fund to help develop industrial-scale sustainable energy infrastructure.
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