16 Apr 2021

ACC told to speed up divestment in fossil fuels

From Morning Report, 7:28 am on 16 April 2021

The Finance Minister has told ACC it must speed up its divestment of fossil fuels.

The agency has almost met its target of halving what it calls "carbon intensive" investments by 2030 after dumping coal producers from its portfolio last year.

It still has $210 million invested in oil and gas, and no clear plan to get rid of them.

Anusha Bradley reports.