Sustainability
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.
We say NO to:
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 say NO to companies that own part of other companies involved in these excluded areas.
We “look-through” layers of company ownership to also exclude investing companies that own certain percentages of other companies involved in these excluded areas. This means that we may invest in companies that own smaller percentages of other companies involved in the excluded areas.
Refer to the AMP Sustainable Investment Philosophy for more detail.
Sustainability links
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.
Which is why we've partnered with the Responsible Investment Association Australasia (RIAA) to certify all AMP-named funds across our AMP KiwiSaver Scheme and New Zealand Retirement Trust (NZRT).
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 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 www.responsiblereturns.com.au for details.¹
AMP Wealth Management NZ has been named a Responsible Investment Leader
We are placed in the top 20% of responsible investors assessed by the Responsible Investment Association Australasia, 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.
Read more
Sustainability videos
VIDEO:
When you join the AMP KiwiSaver Scheme, you're saying YES to sustainable investing and YES to healthy returns.
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. Find out more here (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
1. 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.