Posts Tagged ‘Ethical Investment’

Divest from companies not committed to environment

Monday, October 12th, 2020

Investors should remove their support from companies not committed to the environment, says Pope Francis. On Saturday he added his voice to calls from a number of world leaders for an more environmentally sustainable economic model. Speaking in a video message for an online event called “Countdown Global Launch, A Call to Action on Climate Read more

KiwiSaver: $4.1 billion still invested in unethical entities

Thursday, August 27th, 2020
kiwisaver

Although there is an improving trend in ethical investment, $4.1 billion of KiwiSaver funds is still invested in companies that the public wants to avoid and $2.3 billion of retail investment funds. This is one of the findings revealed in the most recent annual surveys undertaken jointly by Mindful Money and the Responsible Investment Association Read more

Some KiwiSaver funds invested in nuclear arms industry

Thursday, October 24th, 2019

Investments in companies involved with nuclear weapons still feature in dozens of KiwiSaver funds, research by ethical investment group Mindful Money says The KiwiSaver schemes of ANZ, ASB, AMP, BNZ, Kiwi Wealth and Westpac were among those with funds still tainted with exposure to nuclear weapons despite a public outcry in 2016 following. Continue reading Related Posts:KiwiSaver: Read more

Mindful Money: How ethical are your Kiwisaver investments?

Monday, July 1st, 2019
mindful money

Mindful Money, a new charitable social enterprise helping people to invest ethically, was launched last week in New Zealand. The launch took place at a Go Live event in Auckland. Mindful Money, a free service, provides members of the public with a platform to check what is in their current KiwiSaver investments and to easily Read more

Pope Francis at odds with US Catholic oil investments

Tuesday, August 18th, 2015

Despite Pope Francis’s call for urgent action on climate change, many US Catholic dioceses and organisations retain major investments in energy companies. A Reuters’ investigation has shown some of the largest American Catholic organisations have millions of dollars invested in the energy sector. Investments range from hydraulic fracturing firms to oil sands producers. Dioceses with Read more

Catholic investing in changing times

Friday, July 17th, 2015

Poor coal. It seems like everyone is running for the door these days when it comes to investing in this dirty fossil fuel. The country of Norway and the city of Seattle are moving to divest their funds from coal. Religious organizations like the United Church of Christ, the Church of England, and universities like Read more

Anglicans divest shares in fossil fuels

Friday, May 23rd, 2014

On Thursday last week, the Anglican Church of Aotearoa, New Zealand and Polynesia unanimously passed a resolution to take all reasonable steps to divest shares in fossil fuel companies by mid-2016. Rod Oram, who moved the proposal, told synod that it “gives us the opportunity to offer leadership on, and to make a practical response Read more

NZ Super Fund in ‘Don’t Bank on the Bomb’ Hall of Fame

Tuesday, October 15th, 2013

The New Zealand Superannuation Fund (Super Fund) is one of twelve financial institutions listed in the global ‘Hall of Fame’ in the comprehensive new report ‘Don’t Bank on the Bomb’ launched tonight in Stockholm, Sweden. ‘Don`t Bank on the Bomb’ details how 298 private and public financial institutions around the world invest almost $314 billion (USD) in 27 Read more

Catholics reflecting on Anglican ethical investment stance

Friday, September 13th, 2013

New Zealand’s Catholic Church says it will “reflect” on a decision by Auckland Anglicans to sell out of all fossil fuel investments within two years. On September 7, at the Anglican Diocese of Auckland Synod, the diocese voted overwhelmingly in favour of a motion calling on the diocese to withdraw its investments from companies whose main Read more