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auckland.scoop.co.nz » Government Echoes Calls From Climate Movement For ACC To Divest From Fossil Fuels


Press Release – 350 Aotearoa
 
Climate justice organisation 350 Aotearoa is celebrating the direction from the government for the Accident Compensation Corporation (ACC) to accelerate its moves to divest from investments in fossil fuels. The direction to ACC to divest was included in the Minister of Finance’s annual letter of expectation to Crown Financial Institutions. This echoes the call from 350 Aotearoa, a grassroots climate organisation that has been calling on ACC to divest from all coal, oil, and gas companies since June 2020.
350 Aotearoa Executive Director Erica Finnie said “Our community-led campaigning has built the social license and momentum for our government to direct ACC to divest from fossil fuels. It’s fantastic to see the government recognising that stopping investing in coal, oil, and gas companies is a vital step to align our financial sector with New Zealand’s climate commitments, and to align our public funds with the direction of pub ....

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Community Scoop » Crown Financial Institutions' Exposure To Climate Risk Back In The Spotlight Following Mandatory Disclosure Announcement


Press Release – 350 Aotearoa
Climate justice organisation 350 Aotearoa welcomes todays announcement by Climate Change Minister, Hon James Shaw, that all Crown Financial Institutions will be required to report on their exposure to climate risk. The announcement from Minister Shaw …
Climate justice organisation 350 Aotearoa welcomes today’s announcement by Climate Change Minister, Hon James Shaw, that all Crown Financial Institutions will be required to report on their exposure to climate risk.
The announcement from Minister Shaw has put the spotlight back on the responsible investment standards of Aotearoa’s Crown Financial Institutions. “Mandatory climate risk reporting is a necessary first step to help us shine a light on our public funds’ exposure to unsustainable and unethical investments in fossil fuels, but reporting alone is not enough,” said 350 Aotearoa Co-Director, Erica Finnie. ....

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Business Scoop » Crown Financial Institutions' Exposure To Climate Risk Back In The Spotlight Following Mandatory Disclosure Announcement


Press Release – 350 Aotearoa
Climate justice organisation 350 Aotearoa welcomes todays announcement by Climate Change Minister, Hon James Shaw, that all Crown Financial Institutions will be required to report on their exposure to climate risk. The announcement from Minister Shaw …
Climate justice organisation 350 Aotearoa welcomes today’s announcement by Climate Change Minister, Hon James Shaw, that all Crown Financial Institutions will be required to report on their exposure to climate risk.
The announcement from Minister Shaw has put the spotlight back on the responsible investment standards of Aotearoa’s Crown Financial Institutions. “Mandatory climate risk reporting is a necessary first step to help us shine a light on our public funds’ exposure to unsustainable and unethical investments in fossil fuels, but reporting alone is not enough,” said 350 Aotearoa Co-Director, Erica Finnie. ....

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