NZ Super Goes Low-Carbon on Global Passive Equities Portfolio
The New Zealand Superannuation Fund (NZ Super) announced that its massive global passive equity portfolio, which makes up around 40% of the fund’s assets, is now low-carbon. According to the organization, NZ Super essentially diverted NZ$ 950 million from 297 companies with high exposure to carbon emissions and reserves. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
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