ESG investment isn’t ethical

Pathfinder CEO John Berry. (Image: Pathfinder)

Fri, 06 Sep 2024

Pathfinder chief executive John Berry says investors need to realise that ESG and ethical investment aren’t the same thing.This week, National Capital released its KiwiSaver Value for Money Report, ranking the performance of ESG (environmental, social, and governance) funds. Pathfinder’s Growth fund scored the highest ESG rating at 9.75 out of 10. Booster’s Socially Responsible High Growth Fund earned the highest five-year returns of 9.99% in the category. Nothing to celebrateThe National Capital report sai...

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