MEDIA: New impact investment guidelines aim to boost 'do-good' investing

Written by Will Mace for NBR

A set of New Zealand-centric impact investing principles have been established to give funds guidance on best practice for the emerging investment style, while giving investors more confidence to try their hand at doing good, not just doing well financially. 

The principles and guidelines have been developed jointly by PwC, Toitū Tahua: Centre for Sustainable Finance and the Impact Investing Network (IIN), and seek to codify best practices in the maturing impact investing space.

The amount of assets under management devoted to impact investing in New Zealand grew to $8 billion in 2021, compared with $3b in 2020, according to newly released research from the Responsible Investment Association Australasia.

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