Divestment must be a priority for ACC and other Public Funds under the new Investment Framework
Climate justice organisation 350 Aotearoa is pleased to see that the Accident Compensation Corporation (ACC) joined forces with other public funds to sign the Paris Aligned Asset Owner Commitment. A first priority must be to divest ACC's $210 million invested in coal, oil, and gas companies.
New Zealand Parliament just passed the Financial sector mandatory climate-related risk disclosure bill – a step in the right direction
350 Aotearoa applauds the passing of the Climate-related Disclosures Bill by parliament in its third reading in Parliament today. Mandatory climate-related risk disclosure is a useful mechanism to ensure extensive and thorough climate-risk reporting in our financial sector.
Hope for a world beyond oil and gas?! The new Alliance that puts the efforts of Aotearoa to phase out oil and gas to shame
The Beyond Oil and Gas Alliance initiative brings together first-mover countries and subnational actors to create an international platform to give visibility to and create momentum for policy decisions to end the expansion of the fossil fuel industry and phase out existing production.
Reflections from Aaron after 11 years as Chair of 350 Aotearoa
As I close my time at 350 Aotearoa, naturally I have been reflecting on the impact we have made since we started out. I’m really proud of the role 350 Aotearoa has played in helping to nurture and grow the climate movement since 2008, supporting it to move forwards and sideways.
Media advisory: A swarm of Grant Robertsons tell ACC to divest from fossil fuels
“Thousands of people across Aotearoa, including our government and the Minister of Finance, are calling for ACC to stop investing our public money in the fossil fuel industry. We’re taking action to send ACC’s Board a message that it needs to commit to divest from fossil fuels by the 31st of July.”
Press release: Waikato Regional Council votes to divest from fossil fuels!
Today Waikato Regional Councillors voted in favour of a new Responsible Investment Policy that includes a climate change investment policy and a commitment to divest from coal, oil, and gas …
Press release: ACC’s climate fund a distraction from $210 million investments in the fossil fuel industry
“ACC is a public investment fund, and it must be invested in the public good, not supporting the world’s biggest polluters.”