The number of people with a more ethical and lower-carbon KiwiSaver or investment fund is growing but is still a small proportion of the population. 123RF Switching to a fossil fuel-free KiwiSaver fund can support climate action, says ethical investment expert Barry Coates. An example is the growing impact of the global fossil fuel divestment campaign, now supported by investment funds managing US$15 trillion. More KiwiSaver funds are now avoiding fossil fuel investment. Few Kiwis are aware of which fossil fuel companies are in their KiwiSaver or investment funds or what the alternatives are.

Source: Stuff July 20, 2021 21:56 UTC