How we evaluate products
Responsible Investment strategies, processes, practices and disclosures are assessed against the eight criteria for product certification in the Responsible Investment Standard and accompanying Guidance and Assessment Notes.
What this symbol means
General certification: This Symbol signifies that a product or service offers an investment style that takes into account environmental, social, governance or ethical considerations, and that it adheres to the operational and disclosure practices required under the Responsible Investment Certification Program for the category of Product.
<span class="text-size-xxsmall">The content on this webpage is provided by Responsible Investment Association Australasia Ltd (ACN 641 046 666, AFSL 554110). For more information refer to our Financial Services Guide. Certain content provided may constitute a summary or extract from the offer document of a financial product. Any general advice has been provided without reference to your investment objectives, financial situation or needs. If the advice relates to the acquisition of a particular financial product for which an offer document (such as a product disclosure document) is available, you should obtain the offer document relating to the particular financial product and consider it before making any decision whether to acquire the product. Past performance does not necessarily indicate a financial products’ future performance. To obtain information tailored to your situation, contact a financial adviser.</span>
Themes & Issues
Society
Environment
<span class="text-size-xxsmall">For RIAA’s definitions of the themes included and issues avoided, please view this guide. Product-specific exclusion criteria and practices may vary. You can find these by referring directly to the product provider.</span>
Overview
The Purpose Capital Impact Fund invests to generate measurable positive environmental and/or social impact alongside financial return.
We invest in projects and companies that have clear potential and intent to create a positive impact and exclude investments with materially adverse impacts on the climate, environment, or people.
Through demonstrating the effectiveness of our approach with this, our first fund, we aim to increase the amount of capital invested in impact investments by asset and fund managers, as well as private and philanthropic wealth.
By acting as lead investor in various investment opportunities, we provide confidence to third-party investors to invest alongside us in impactful companies and projects.
The Purpose Capital Impact Fund focuses the following impact objectives:
- Sustainable, Secure, Affordable housing
- Environmental Regeneration
- Mitigating Climate Change
- Social Equity
Description
The Purpose Capital Impact Fund is a collaboration between the New Zealand business, investment, and philanthropic sectors. Combining the power of the commercial with the expertise of the philanthropic, Purpose Capital brings new resources and capital to projects and organisations working toward social and environmental solutions.