Ethical investment – creating a new, more progressive Kiwisaver fund

By jay

As divestment campaigns to starve the fossil fuel industry of funding spread around the globe, ethical investment has become a hot topic.

The Sustainable Business Network is facilitating a group of SBN members to discuss creating a Sustainable Kiwisaver Investment Fund.

Announced by SBN CEO Rachel Brown at the recent Responsible Investment Australasia Conference, the intention to create an ethical investment fund has resonated within SBN membership, through our LinkedIn discussion page.

“SBN believes investment is a key mechanism for influencing and supporting strong sustainable behaviour. We are now working with members to develop a strategic set of ‘criteria’ we believe could be used for a new and more progressive NZ Kiwisaver fund. Once we have decided on the criteria, we will work with investor members on a fund which meets our criteria and encourage SBN members to adopt it,” says Rachel Brown, SBN CEO.

On 4 December 2013, SBN held the first brainstorming session with members, to gather input into what an ethical investment service provider could look like and what sort of criteria need to be put in place. Next year, SBN will hold similar sessions around the country, so keep an eye out for the ethical investment brainstorming session in your area. 

If you are interested in joining our member-only LinkedIn group, go to the LinkedIn website and search ‘Sustainable Business Network members’ to request membership.