Greenwashing

Considerations for New Zealand fund managers

Investors are increasingly focused on Environmental, Social and Governance (ESG) credentials. Understandably, regulators in New Zealand are increasing scrutiny of fund managers in response to this investor demand and government action on sustainable growth.

Many fund managers are considering ESG to some extent. Phrases and language focused on sustainable finance and responsible investments are starting to feature more prominently in marketing material. Where these promises are made, there needs to be clear evidence to support their accuracy in a way that stands up to independent review. 

This paper is for New Zealand fund managers who have, or are considering offering, funds that apply ESG factors to their investment decisions. 

What are some of the opportunities and risks that considering ESG factors presents?

What questions should fund managers be asking to help ensure they are making the most of the opportunities ESG investments offer?

And what steps do they need to take to mitigate greenwashing concerns effectively?

How we can help

We have experts in consulting, assurance and risk services who can offer advice and insight. Our Financial Services industry experts work with a wide range of fund and asset managers, from privately owned "boutique" operators to large statutory fund managers.

Relevant services include assessing and incorporating climate risks into financial statements, assurance over climate statements and greenhouse gas (GHG) emissions.

We provide assurance over climate-related qualitative and quantitative disclosures. Our role is to provide your stakeholders with trust and confidence over the reliability of the information you are communicating to them.

Contact us

Chloe Gallagher

Chloe Gallagher

Partner and Chief People Officer, PwC New Zealand

Tel: +64 21 051 6699

Sam Shuttleworth

Sam Shuttleworth

Partner, PwC New Zealand

Tel: +64 21 976 949

Jonathan Skilton

Jonathan Skilton

Partner, Sustainability Reporting & Assurance Leader, PwC New Zealand

Tel: +64 21 355 879

Tamara McDonagh

Tamara McDonagh

Director, Governance, Risk and Regulatory, PwC New Zealand

Tel: +64 22 019 9636

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