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Three government funds have more than $21 million invested in companies that have been linked to the destruction of rainforests.
Two government trusts have been found to have small amounts invested in companies that make controversial weapons and tobacco products.
The Labour Party says the Commerce Minister should step in to ensure KiwiSaver providers are not investing in the manufacture of cluster bombs.
Public servants' retirement savings are being reviewed after it has been revealed some of the money is invested in weapons manufacturers.
Some banks are reviewing their KiwiSaver investment policies after it was revealed customers' money was going into cluster bomb, landmine and tobacco manufacturers.
The New Zealand Superannuation Fund is taking a hard line with political activists trying to tell it where to spend its money.
Kiwisaver funds claiming to be ethical or sustainable are being urged to put their money where their mouth is, with calls for a industry-wide standard. Audio
The week the Ideas team looks at the notion and practice of Ethical Investment speaking with: the New Zealand executive chairman of the social lender Prometheus Finance and director of the Sustainable… Audio