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Opinion

Good greed: UN ETF makes for WTF moment

David Chaplin
Wed, 10 Nov 2021

Good greed: UN ETF makes for WTF moment
The UN launched its new climate-saving fund with just US$2m in the tin. (Image: Mathias Reding/Pexels)
David Chaplin
Wed, 10 Nov 2021
The United Nations holds significant sway over the current global investment agenda but not in a secret conspiratorial kind of way.As the creator of the Principles for Responsible Investment (PRI) and the Sustainable Development Goals (SDG), the United Nations (UN) established benchmark reference points for fund managers and others looking to align greed with good.More than 3,800 investment firms across the world (including many New Zealand fund managers) have signed up as PRI members while the 17 SDGs frequently pop up in corporate guff and pr...

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