Monday 29 June, 2020
At Kiwi Invest, we believe that truly ‘Responsible’ investing goes beyond ‘easy’ gestures – to consider the full impact of every investment decision, across every fund.
And as part of that approach, we also champion active engagement – using our influence and voting rights as shareholders to directly engage with company boards and management to drive real, specific change on a range of environmental and social issues.
In recent months, we have:
- Voted for Amazon.com to prevent the sale of facial recognition tech to government agencies – and report on diverse topics including products promoting hate speech, sexual harassment, climate change impacts and managing food waste;
- Pressured PayPal’s board to define their human rights responsibilities in governance – and Australian supermarket chain Coles to improve human rights management in their fresh food supply chains;
- Voted for the companies that own KFC, Taco Bell, Burger King and Pizza Hut to report how they are reducing deforestation impacts in their global supply chains;
- Voted for Coca-Cola, Pepsi and McDonald's to report on the health impacts of sugar in their products;
- Pressured leading oil giants Shell, Chevron and Mobil to disclose a range of information, from setting and publishing emissions targets, to reporting on the risks of their products to environments and communities; and
- Withheld votes or voted against directors who are up for re-election to Facebook, Twitter, and Alphabet – who have failed to carry out their responsibilities appropriately as they specifically relate to the livestreaming and dissemination of content, such as the Christchurch shootings.
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