KiwiSaver and fossil fuels: Weighing the investment decision

Oilrig workers in Texas. (Image: Bloomberg)

Wed, 14 May 2025

Five KiwiSaver providers have topped Mindful Money’s list for investment into fossil fuel companies. BusinessDesk looks at both sides of the issue. Part 1 of 2.This year, ethical investment charity Mindful Money launched a new campaign against investing in fossil fuels, even bringing Oscar winner Olivia Coleman on board.At the same time, Mindful Money said KiwiSaver investments in fossil fuels grew 18% in the six months from March 2024 to September 2024. According to the charit,y the five KiwiSaver providers with the largest percenta...

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