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Kiwi funds fattened by fossil fuels

Thursday 29th of June 2023
In the year September 2021 to 2022, KiwiSaver and retail fund investment in fossil fuel producers increased significantly, new research from Mindful Money has revealed.
This includes 80% investment growth (now close to NZ $3 billion) in companies that have backtracked on public pledges to cut fossil fuel production and transition to renewable energy.
Since Russia’s invasio...
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