Cooking The Books

Each week the NZ Herald and Newstalk ZB's Cooking the Books podcast tackles a different money problem. Today, it's how to check that your retirement fund is only funding companies you're ok with. Hosted by Frances Cook.To say that New Zealanders care about ethical investing is a bit of an understatement.Research from Mindful Money shows the vast majority of us want guilt-free investing, and it's more of us each year.In 2019, 83 per cent of us said we expected our KiwiSaver to be invested responsibly, which is up from 72 per cent of us in 2018.The ultimate test, of course, is whether people will put their money where their mouth is. Again, most of us say that we would – two thirds of New Zealanders say they would move their KiwiSaver if they disagreed with what it was being invested into.It's not just customers either.The world's biggest money manager, BlackRock, has started pulling out of fossil fuels across the board.And just this year, New Zealand's own Institute of Directors said responding to climate-rela