Weapons, fossil fuels and human rights violations are increasingly being funded by our retirement savings.
Data analysis from ethical investing charity Mindful Money has found $8.6 billion of our KiwiSaver funds are invested in companies that it says can cause harm – almost 9 percent of our total combined KiwiSaver funds.
This is despite up to 90 percent of Kiwis saying they don’t want their money connected to harmful activities.
AM spoke to Milford Asset Management portfolio manager Frances Sweetman about ethical investing.
Watch the video above.
Article created in partnership with Milford.
