Markets

ACC invests millions in Robotics Plus to prevent logging injuries

Dan Brunskill
Wed, 24 Feb 2021

Log handling is a major cause of workplace injuries with some 17,000 active claims costing $75m last year.
Dan Brunskill
Wed, 24 Feb 2021
The Accident Compensation Corporation has taken a stake in Tauranga-based Robotics Plus as the first investment from its $50 million Impact Investment Fund.  The fund, launched in September, aims to improve health and safety while also providing a strong investment return that reduces levies for accident cover. Details on the first investment are scarce; a statement from ACC only notes the investments is in the target range of $2m to $15m. However, Yamaha Motors pai...

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