Barry Coates: Mindful Money founder on the surge of KiwiSaver investments linked to deforestation contributors

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Recorded10 May 2023

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New Zealand investment into companies linked to deforestation has been trending upward in the last few months. According to research carried out by ethical investment charity Mindful Money, investment into companies known to contribute to deforestation has increased by 79 percent in one year. Mindful Money's report also shows that most of these investments are coming from KiwiSaver funds. Mindful Money founder Barry Coates says that $68 million has been redirected from KiwiSavers and investment funds and invested in companies driving deforestation overseas. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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