ACC's climate fund on the hunt for new pastures

ACC's climate fund has looked at 70 potential companies to invest in. (Image: Getty)

Mon, 07 Nov 2022

The Accident Compensation Corp's (ACC) climate change impact fund is on the hunt for new investments as it nears its first anniversary.The fund was launched last December, with a notional value of $100 million. To date, it has taken a 1.3% share in plant protein company Leaft Foods and a 1.24% stake in solar generator Lodestone Energy. It chose those companies after looking at 70 possible investment opportunities before narrowing them down to two. ACC climate change impact fund manager James Muir said only a small number of the 70...

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