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Sovereign Wealth Funds Briefing - Categorized | Ethical/Green Investments

NZ Super to announce new climate focused investment standards

Posted on 19 October 2016

New Zealand’s $30 billion sovereign wealth fund is to announce new environmental investment rules, as part of a push towards sustainable investment. On Wednesday the New Zealand Superannuation Fund will announce rules designed to make its investment portfolio resilient to climate change.
While it is understood the new rules would not explicitly rule out investment in fossil fuels or mining, the fund, established to help cover New Zealand’s rising pension costs, is expected to set “hurdle rates” for investments which are not considered sustainable…………………………………….Full Article: Source


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