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.

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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 ABOVE

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Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.