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Sustainable KiwiSaver fund: where your savings are spent

Monday, 26 May 2014, 1:12 pm
Press Release: Sustainable Business Network

26 May 2014

Sustainable KiwiSaver fund: have your say on where your savings are being spent

A new survey, launched today by the Sustainable Business Network, aims to identify demand and create a sustainable KiwiSaver fund for New Zealand.

SUSTAINABLE KIWISAVER SURVEY

KiwiSaver funds currently have little to no sustainability criteria. This means that when fund managers select companies to invest in on New Zealanders’ behalf, they don’t include environmental or social factors as part of their investment criteria.

“A growing number of New Zealand businesses are providing solutions to some of our environmental and social issues. We want to develop investment criteria that will help to grow these sorts of businesses,” says Rachel Brown, CEO of the Sustainable Business Network.

“A set of positive criteria, which would align well with SBN’s aim of turning New Zealand into a model sustainable nation, would reward companies in areas such as clean technology, sustainable agriculture and more.”

The survey forms part of the Sustainable Business Network’s project to create a sustainable KiwiSaver fund for New Zealand. The results of the survey will be taken to the finance industry to find a solution.

“We want to know what New Zealanders want from a sustainable KiwiSaver investment fund,” says Rachel. “So if you care about which companies your savings are supporting, take this quick survey and be part of a collective voice.”

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The survey takes less than five minutes to complete. Your input can help drive demand for a sustainable KiwiSaver fund.

The Sustainable Business Network is aiming for 5000 responses to show the investment community that New Zealanders care, so please pass it on and share on your social media channels.

www.surveymonkey.com/s/MDPPJWJ

About the Sustainable Business Network
The Sustainable Business Network (SBN) provides advice and support to help business succeed through becoming more sustainable. As the largest organisation of businesses dedicated to sustainability in New Zealand, the SBN actively helps our network of progressive companies to: collaborate with other innovators and learn; profile stories and connect; and access practical support.

www.sustainable.org.nz

For the latest news on sustainable business follow us on Twitter and Facebook.

ENDS

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