New Zealand Superannuation Fund
The New Zealand Superannuation Fund, commonly referred to as the NZ Super Fund, is a sovereign wealth fund headquartered in Wellington, New Zealand. Established in 2001, the fund plays a crucial role in supporting the country’s pension system, ensuring financial sustainability for future generations. Operating primarily within the investment management industry, the NZ Super Fund focuses on a diverse range of asset classes, including equities, fixed income, and alternative investments. Its unique approach combines a long-term investment strategy with a commitment to responsible investment practices, setting it apart in the market. With a strong track record of performance, the NZ Super Fund has achieved notable milestones, including significant growth in its asset base, positioning it as a key player in the global investment landscape.
DitchCarbon Score
How does New Zealand Superannuation Fund's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
New Zealand Superannuation Fund's score of 15 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
New Zealand Superannuation Fund's reported carbon emissions
In 2022, the New Zealand Superannuation Fund reported total carbon emissions of approximately 14,702.3 kg CO2e. This figure includes Scope 1 emissions of about 12.6 kg CO2e, Scope 2 emissions of approximately 3,974.9 kg CO2e, and significant Scope 3 emissions of around 10,714.7 kg CO2e. The previous year, 2021, saw total emissions of about 18,594.8 kg CO2e, with Scope 1 emissions at 14.3 kg CO2e, Scope 2 at approximately 4,186.9 kg CO2e, and Scope 3 emissions reaching around 14,393.6 kg CO2e. This indicates a notable reduction in total emissions from 2021 to 2022. In 2020, the Fund's total emissions were approximately 1,617,000 kg CO2e, with Scope 2 emissions at about 13,000 kg CO2e and Scope 3 emissions at around 1,604,000 kg CO2e. The 2019 figures were even higher, with total emissions of about 1,968,000 kg CO2e, including Scope 2 emissions of approximately 14,000 kg CO2e and Scope 3 emissions of around 1,954,000 kg CO2e. Despite these reductions, the New Zealand Superannuation Fund currently has no publicly disclosed reduction targets or climate pledges. The Fund's commitment to addressing climate change is evident through its emissions reporting, but specific initiatives or targets for further reductions have not been outlined.
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Add to project| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | - | - | 00.0 | 00.0 |
| Scope 2 | 14,000 | 00,000 | 0,000.0 | 0,000.0 |
| Scope 3 | 1,954,000 | 0,000,000 | 00,000.0 | 00,000.0 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
New Zealand Superannuation Fund is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
