Best of BusinessDesk: KiwiSaver and fossil fuels – weighing the investment decision

Oilrig workers in Texas. (Image: Bloomberg)

Mon, 05 Jan 2026

This article was originally published May 14, 2025Five 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...

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