RI

Business should have a social purpose

john HeadshotsTRY sq John Berry Less than 1 minute read

Many companies have a sustainability focus and achieve great things for New Zealand. But equally there are companies that do harm.

It may be social harm – there are more than a hundred exploitive employers on the Labour Inspectorate’s ‘blacklist’ for breaching minimum employment standards. Others cause environmental harm; the worst in recent times was the grounding of the container ship Rena on the Astrolabe Reef near Tauranga, spilling 350 tonnes of oil into the ocean. Diamantis Manos, managing director of the company which owned the Rena, apologised to New Zealanders. But that’s no help to the 2500 sea birds killed and the serious damage to local ecology caused by the wreck.

See more of John’s article here: https://good.net.nz/article/responsible-investment-with-john-berry

Impact rawfilm ihMzQV3lleo unsplash

Ready to generate wealth and well-being?

Join our KiwiSaver FundsInvest in Managed Funds

Resources

Product Disclosure Statements

Privacy Policy

Terms & Conditions

SIGN UP to our market commentary newsletter

CONNECT

Freephone: 0800 ETHICAL (384 4225)

Auckland: 09 489 3802

Email: info@path.co.nz

© 2021 Pathfinder Asset Management Ltd
All Rights Reserved