An independent grant-making organisation supporting the work of not-for-profit groups in the Auckland and Northland regions of New Zealand. Foundation North (formerly ASB Community Trust) is founded on the sale of its shares in ASB Bank and has made grants worth nearly $800m since being formed in 1988. In its fiduciary role the Foundation believes that environmental, social and governance (ESG) issues can affect the performance of investment portfolios and in support of these beliefs the Foundation is a signatory to the United Nations Principles for Responsible Investment (UNPRI). Investment managers are selected by the Foundation with consideration given to their beliefs and practices relating to ESG issues. All investment managers must actively vote using guidelines developed around best practice fiduciary standards. The Foundation’s benchmark for responsible corporate behaviour is the United Nations Global Compact. The Foundation encourages dialogue and discussion on any issues raised through a process of engagement.
Why choose a RIAA financial adviser?
RIAA certification verifies that a financial adviser offers responsible investment products, considers client needs and concerns about responsible investment issues, and undertakes responsible investment-focused continuing professional development.
By choosing a RIAA certified financial adviser, you can have confidence that they are licensed, educated and experienced in including responsible investment in their financial advice.
