KiwiSaver fails the Johnson & Johnson test

It seems that nearly every KiwiSaver provider is now promoting themselves as a "fully integrated ESG manager" or "the most ethical". Frankly, we don't believe most of them. There is a simple test to determine whether your manager really believes in Environmental, Social and Governance (ESG) analysis or is just applying it as a nice layer of marketing spin on top of their business as usual approach. That simple test is called the Johnson & Johnson (J&J) test and it's a test that almost all the New Zealand ESG KiwiSaver schemes fail.

Raise $100 for Movember NZ – here’s how

This November CareSaver is joining forces with Movember NZ to help raise money to tackle prostate cancer, testicular cancer, mental health and suicide prevention. When you join or switch to CareSaver this November...

CareSaver Quarterly Report

A Positive Outlook This is CareSaver’s first quarterly update for our Growth, Balanced and Conservative funds. We are an active manager of CareSaver, meaning we can decide if we want to be in high risk (and more volatile) assets like shares or lower risk (and less volatile) assets like cash.  So far the funds have […]

Charity Partner Update

We are often meeting up with our charity partners and want to keep you up to date with their good work.  Here’s a quick overview of seven of our recent catch ups: We caught up with Forest & Bird CEO Kevin Hague who shared with us challenges that NZ wildlife faces from climate change – […]

The Switch That Makes A Difference

Switch to CareSaver and 20% of our fee goes to a charity of your choice. So your KiwiSaver Plan is not only working to benefit you, it’s helping others at the same time.

The Power of Renewable Energy

Renewable energy is a key investment theme for CareSaver, as we expect the global shift to renewables to continue to gain momentum. It’s driven by a range of factors including massive improvements in technology, regulatory settings for carbon and consumer preferences.

Why we don’t like the look of Facebook

Thumbs down Social media has changed the way we communicate, interact and source our daily news.  Facebook is a US$500 billion listed company, yet at CareSaver we don’t invest in it. For several years we have been concerned about its governance standards – it is a global media company yet effective control is vested in […]

What We’re Doing About Climate Change

Investments that change the world Climate change is recognised as a massive issue in Europe, in fact in the European elections 48% of voters said climate change was their top concern!  Heatwaves through Europe this summer turned many towns and cities into a furnace. It’s not new for Europe – the heatwave of 2003 is […]

Why are Australian banks investing in Nuclear Weapons companies

New Zealanders have strong and clear opinions about where our money is invested, and not supporting the manufacture of nuclear weapons is right at the top of the list. Our country has a long and proud anti-nuclear weapon history.

New KiwiSaver fund refuses to invest in all-male companies

For lots of New Zealanders, KiwiSavers are among the biggest assets we own. But how can we make sure that the funds we invest that money in are investing in socially-conscious companies? John Berry has started up a new fund called CareSaver, aiming to do just that, and joins us to explain how it works.

New KiwiSaver scheme will only invest in companies with women on board

A new KiwiSaver fund will invest only in New Zealand listed companies with female board members. CareSaver, which has been established by Pathfinder Asset Management, a fund manager committed to responsible investment, will target companies with good environmental, social and governance (ESG) track records.

New KiwiSaver scheme CareSaver to only invest in NZX-listed companies with a female director

A new KiwiSaver scheme aligned with ethical investing promises to only invest in New Zealand listed companies that have at least one female director on their boards. CareSaver, which was launched today, comes as funds are getting keener to be seen investing ethically or responsibly.

‘Responsible investment: changing the world one dollar at a time’

Gains to animal welfare, climate change and the environment from ‘conscious consumerism’ have been profound. Free-range eggs, eco-friendly cleaning products and organic foods were once choices only available in the shopping aisles of health-food stores.

Sustainable Investing

“There’s more companies doing it. It used to be more of a boutique thing. I think it’s going mainstream now.” Sustainable investing is set to be the 'next big thing' in the market, contact our advisers for a more in-depth overview.

Big Oil Companies Deny Reality

We are disappointed but not surprised as Big Oil companies continue to deny reality and enrich themselves at the expense of wider society. We don't invest in Big Oil and if anyone wonders why, this kind of thinking by their boards is a good reason to ignore these companies.

Johnson & Johnson

We haven't liked or owned Johnson and Johnson stock for quite some time as they have been engaged in various controversies like this, contributing to what has been called the "worst manmade public health crisis in our state's history".