Divestment will not save the planet

Divestment will not save the planet
Simon O’Connor, the chief executive of the Responsible Investment Association Australasia. (Image: Supplied)
Greg Hurrell
Divestment will not resolve climate change and investors need to sit at the table and force that shift in business practices, a gathering of investors and fund managers heard.Simon O’Connor, the chief executive of the Responsible Investment Association Australasia (RIAA), addressed the association’s annual conference in Auckland on Wednesday.The RIAA launched a new industry-led stewardship code at the conference, with seven founding members including the NZ Super Fund. O’Connor said change would not be brought about by wa...

More Sustainable Finance

BoP businesses asked to foot the bill for Kaimāī's resources
Sustainable Finance

BoP businesses asked to foot the bill for Kaimāī's resources

Local conservation groups don't expect to get much government help in the future.

Greg Hurrell 05 Jun 2025
Lodestone Energy completes $50m raise to carry on building
Energy

Lodestone Energy completes $50m raise to carry on building

The solar farm operator is now a player in the electricity market.

Greg Hurrell 05 Jun 2025
Responsible investment struggles amid global ESG backlash
Sustainable Finance

Responsible investment struggles amid global ESG backlash

ESG funds still flowing into NZ, but flow out of Europe for the first time.

Greg Hurrell 19 May 2025
KiwiSaver and fossil fuels: Why we invest
Investments

KiwiSaver and fossil fuels: Why we invest

Some KiwiSaver providers say there are good reasons to stick with fossil fuels.

Greg Hurrell 15 May 2025