How to invest without committing 'climate crime'

Q. Pathfinder's CareSaver is the only KiwiSaver scheme to measure its funds' carbon footprints. Really? In this day and age?

A. Unless we have missed the news, we are the only KiwiSaver to report the carbon footprint of their KiwiSaver, and measure how the companies we invest in will adapt to a low-carbon economy. This is a critical piece of risk management that is dangerous to ignore.

If an investment manager is investing without thinking about how companies heavily reliant on fossil fuels will survive and thrive in the low-carbon world we are clearly heading toward, then they are being reckless with your money.

We genuinely believe that climate change is a huge risk for humanity and our planet, and that the science around climate change is clear. We take a lot of flak from people for this stance, particularly on social media. But when oil companies, like ExxonMobil and Shell, openly accept the reality of climate change and the need to reduce carbon emissions, then calling climate change a "scam" or a "hoax" simply doesn't hold water.

See more of Paul's article here

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This information is general information only and does not take account of your individual investment objectives or financial situation.
Pathfinder Asset Management encourages all investors to seek independent financial advice prior to making investment decisions.