Sustainability

At the heart of everything we do are our values: Wellbeing, Sustainability and Aspiration. These values underpin how we operate as a business and are the foundation of our integrated sustainability strategy.

Sustainability to us means more than protecting and maintaining our natural environment. It's also about helping to address a range of social issues to support a thriving community, economy and sustainable environment.

Investing sustainably

Our investment philosophy puts sustainable investing at its core.
We’re committed to making sustainable investment decisions that aim to deliver healthy fund performance, provide better value for money and help create a brighter future for generations to come.
Find out how we're reducing our carbon footprint.

Good fees and performance

We use an index investing approach to deliver value and performance over the long-term. We replicate market performance by constructing a well-diversified portfolio and holding it over a long time period. We aim to keep investment costs down and maximise value for our members. Explore how we invest and how our funds perform.

A thriving community

We're committed to helping Kiwis achieve a great retirement while supporting a sustainable future. Through our community partnerships we aim address a range of social issues to support a thriving community, economy and environment right here at home.
Find out more about who we support.

What is sustainable (green or eco) investing?

Sustainable, green, or eco investment is about considering the impact our investments have on society and the world around us alongside other financial outcomes and business factors. AMP is on a sustainable investing journey. Our intention is to:

Support the good

Integrating environmental, social and governance factors into investment decisions.

Avoid the bad

Don't invest in companies causing harm, such as the fossil fuel industry.

Reduce our carbon footprint

Decarbonising our portfolios to achieve a net zero outcome by 2050 or sooner.

Advocate for change

Active engagement with companies to deliver better outcomes for customers, shareholders, and the climate.

Good for the planet. Good for your balance

The future is about putting money into good

More and more people want to support businesses that are good for the world, and these businesses are thriving.

Our investment philosophy puts sustainability at its core

We’re committed to making sustainable investment decisions that deliver healthy fund performance, provide better value for money and help create a brighter future for generations to come.

What this means for companies involved in controversial practices

We say NO

Fossil fuels

All companies that earn revenues from the exploration, extraction, production, refinement, distribution and supply of fossil fuels

Palm oil

All producers and any companies that earn revenue from the distribution and supply of palm oil

Nuclear weapons

All companies that provide components or services used in the manufacturing of nuclear weapons, their related components or delivery systems

Nuclear power

All companies generating (or that have installed capacity to generate) more than 5% of their electricity from nuclear sources

Whale products

Companies that derive revenue from whale meat production

Tobacco

All producers of tobacco products and all companies that earn more than 5% of their revenue from the distribution, retail and supply of tobacco-related products

Military weapons

All companies deriving 5% or more revenue from the production of conventional weapons, weapons systems, components and support systems and services

Civilian firearms

All producers of civilian firearms and any companies that earn more than 5% of their revenue from the distribution, retail and supply of civilian firearms

Controversial weapons

All companies that provide components or services used in the manufacturing of controversial weapons (including cluster weapons, anti-personnel mines and biological and chemical weapons)

Find out more about the UN Global Compact principles and what we invest in.

We also have rules around the level of ownership that the companies we invest in can have in other companies that are involved in these excluded areas

We look through layers of company ownership to exclude investing in companies that own certain percentages of other companies involved in these excluded areas. In some cases, this means that we may invest in companies that own a certain percentage of other companies involved in the excluded areas. See our AMP Sustainable Investment Philosophy and our list of exclusion thresholds for more detail.

Committed to becoming New Zealand's leading sustainable investment provider

'Greenwashing' - providing misleading information or a false impression about how environmentally sound investment products are - is a growing issue.

This is why we've partnered with the Responsible Investment Association Australasia (RIAA) to certify all 23 of our eligible AMP-named funds across our investment portfolio.

RIAA's Responsible Investment Certification Programme is the leading initiative for distinguishing quality responsible, ethical, and impact investment products and services in Australia and New Zealand.

AMP achieves highest level of responsible investment certification for 23 funds

This year RIAA has launched a Sustainability Classification initiative to respond to growing market demand and help consumers avoid greenwashing. The three classifications (Responsible, Sustainable, and Sustainable Plus) differentiate funds by their approach to responsible investing and the degree to which they target or address sustainability.

All 23 of our RIAA certified funds have been classified as Sustainable Plus, the highest level of classification. This means that our funds have binding and measurable sustainability objectives, measurement is disclosed, and progress against these objectives is measured and tracked.

AMP Wealth Management New Zealand Limited has been certified by the Responsible Investment Association Australasia according to the strict operational and disclosure practices required under the Responsible Investment Certification Program. See responsiblereturns.com.au for details.*

AMP named a Responsible Investment Leader

AMP is recognised as a Responsible Investment Leader 2024 by the Responsible Investment Association Australasia (RIAA), in the upcoming Responsible Investment Benchmark Report. We are placed in the top 20% of organisations assessed, demonstrating leading practice in our commitment to responsible investing; our explicit consideration of environmental, social and governance factors in investment decision making; our strong and collaborative stewardship; and our transparency in reporting activity, including the societal and environmental outcomes being achieved.

AMP in the community

We recognise the vital role business needs to play to support our communities. That’s a key part of who we are and what we do.

We’re a Toitu Envirocare certified carbon neutral business

We're a proud partner of Voices of Hope, a fantastic mental health charity trying to change attitudes towards mental health

We were New Zealand’s first living wage accredited financial services employer

We take diversity and inclusion seriously – we’ve been a Rainbow tick accredited employer since 2018

We’re a proud partner of Dignity – a social enterprise on a mission to combat period poverty

Age Concern’s vision is for our older population to be a thriving, respected and engaged part of our community, helping older people live their best lives. Watch the video

KiwiHarvest rescues 170,000-200,000 kgs of good quality surplus food every month and diverts this back to people who are struggling across NZ

Kaipātiki Project runs a thriving native plant nursery, facilitates native ngahere, streams and estuary regeneration, and provides conservation volunteering opportunities at its nursery, teaching garden and in its wider restoration projects

Putting our values into action

We recognise the vital role business needs to play to provide the help New Zealanders need. At the heart of our customer promise is our focus on:

Wellbeing: Helping to foster a community where everyone can flourish

• Improving diversity and inclusion in our workplace
• Continuing to provide market leading employee benefits and wellness initiatives
• Providing the help not-for-profits and social enterprise need to support those in our community who need it most
• Strengthen our connection to Aotearoa New Zealand, our land and people.

Sustainability: Protecting and maintaining our natural environment

• Continuing to offset and reduce our carbon emissions
• Collaborating with other New Zealand businesses to address key environmental challenges through the Sustainable Business Council
• Actively engaging on environmental issues through our investments.

Aspiration: Supporting the financial wellbeing of all New Zealanders

• Delivering great outcomes for our clients through high-quality products and services, and financial help and guidance
• Maintaining our focus on conduct and culture and promoting best practice across the financial services industry
• Delivering innovative tools and technologies to empower more Kiwis to take control of their financial future.

Join the AMP KiwiSaver Scheme and say YES to sustainable investing and YES to healthy returns.

* The Responsible Investment Certification Program does not constitute financial product advice. Neither the Certification Symbol nor RIAA recommends to any person that any financial product is a suitable investment or that returns are guaranteed. Appropriate professional advice should be sought prior to making an investment decision. RIAA does not hold a Financial Advice Provider licence.