New Zealand High Court Rules Against National Super Fund for Inconsistent Application of Ethical Criteria | BDS Movement (2026-04-29)
-
New Zealand High Court Rules Against National Super Fund for Inconsistent Application of Ethical Criteria | BDS Movement (2026-04-29)
https://bdsmovement.net/news/New-Zealand-National-Super-Fund-Ethical-Criteria
———>> The High Court of New Zealand, in a recent ruling, found the policy referenced by the New Zealand Superannuation Fund (NZ Super) in defense of its investments in companies complicit in Israel’s international crimes to be “unreasonable and unlawful.” The Guardians of the Fund failed their statutory duty to invest in a manner consistent with “avoiding prejudice to New Zealand’s reputation as a responsible member of the world community,” the Court declared, thereby underscoring “internationalism” as the source of the Fund’s duties to adhere to the standards of ethical investment. Crucially, the Fund was consequently ordered to reformulate its investment policy…
#PalestineSolidarityNetworkAotearoa #NZSuper #BDS #NewZealand #EconomyOfGenocide #palestine
@palestine@lemmy.ml @palestine@fedibird.com -
R relay@relay.infosec.exchange shared this topic
