She'd Like to Thank You for Your KiwiSaver Funds
Our friend Oblivia from Big Oil has a message for you: Thank you, New Zealand!
Your KiwiSaver savings are doing a wonderful job helping fossil fuel companies dig, drill, and destroy more of the planet than ever before.
While you're busy sorting your recycling and bringing your reusable bags to the supermarket, $4.42 billion of Kiwis' retirement savings are quietly being pumped into fossil fuel companies.
That's right – your KiwiSaver could be undoing your climate actions while you sleep.
What Does This Mean For You?
Your KiwiSaver fund might be investing in companies that are:
- Actively expanding oil and gas production
- Funding climate change denial
- Lobbying against renewable energy
- Making record profits while our planet burns
Here's the Good News
You have the power to change this. Just like you might choose to drive less or reduce power use, you can choose a KiwiSaver fund that doesn't invest in fossil fuels.
Take Action in 3 Simple Steps:
- Find Out: Check what companies are in your current KiwiSaver fund
- Choose Better: Find an Ethical Mindful Fund, or a climate friendly fund that avoids fossil fuels
- Tell Others: Share this message with your friends and whānau
Why Switch Now?
Your Money, Your Future
Fossil fuel companies have underperformed the market for the past decade. When the world transitions to renewable energy, fossil fuel assets could become nearly worthless.
The Writing's on the Wall
When fossil fuel assets become "stranded" (fancy way of "worthless"), it's your retirement savings that could take the hit. It's like owning a video rental store when Netflix arrived – except this time, we can see it coming.
Your Money Has Power
The global movement away from fossil fuels now represents over $70 trillion in assets. That's not just a number – it's creating real change. Look at Genesis Energy here in New Zealand: their share price is 20-30% lower than renewable-focused competitors, pushing them to finally move away from coal at Huntly.
The World Is Changing
As climate disasters intensify – from bushfires to floods – pressure is mounting on fossil fuel companies. Major investors, governments, and businesses are shifting to renewables. Do you want your retirement savings stuck in yesterday's energy?
The Time Is Now
Every day that your KiwiSaver sits in fossil fuels is another day your money could be working against your values – and your financial interests.
The good news? Switching takes just a few minutes, and it could be your most powerful climate action this year.
Ready to Make the Switch?
Together, we can stop being fossil fools with our savings.