WNZL/BTNZ submitted a reponse to the Ministry of Business, Innovation and Employment on the Review of the KiwiSaver Default Provider Arrangements. This included views on Responsible Investment information that may be required to help investors understand how products differ from a responsible investment perspective.
WNZL submitted a response to the Financial Markets Authority on the proposed guidance on green bonds and other responsible investment products. This included views waht governance arrangements should be in place to support these products. WNZL responded that product issuers should substantiate the claims made in their disclosure materials, including third party verification, to assist with comparability, and to avoid greenwashing and a misalignment with investor expectations.