Almost good: a tale of responsible investing

Responsible investing's best intentions are increasingly popular. (Image: Depositphotos)

Wed, 08 Sep 2021

New Zealand is about two-thirds good, according to the latest annual survey of the local responsible investment market.The Responsible Investment Association Australasia study found about $221 billion of an estimated $328b total NZ funds under management had some claim to goodness as measured by environmental, social and governance – or ESG – awareness.But some managers are better than others, RIAA says, with 21 of the 47 funds in the survey ranked as ‘responsible investment leaders’, accounting for $142b, or 43%, of the...

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Politics

Govt reshuffle: Lee demoted, Simmonds loses portfolio

Melissa Lee has been stripped of her media and communications portfolio and dropped from the cabinet, prime minister Christopher Luxon announced today.He has given Paul Goldsmith the portfolio after Lee was widely criticised over her public handling of the numerous issues facing...

Staff reporters 1:20pm

Economy