Guardians of NZ Superannuation comment on High Court judgement:

We welcome the Court’s decision. 

We take our obligations as a responsible investor very seriously. These obligations are integrated into Guardians’ activities through several policies including our Responsible Investment Framework.

In all investment matters we appropriately apply our Framework to meet our legislative requirements to manage the Fund in a manner consistent with, among other things, avoiding prejudice to New Zealand’s reputation as a responsible member of the world community.

The Framework is closely aligned to the United Nations’ backed Principles for Responsible Investment (PRI), which graded the Guardians’ activities as A or A+ in its annual assessment of Governance and Strategy for Responsible Investment.