ESG Newsletter

The Foundation North was founded following the sale of the community's share in what had been the Auckland Savings Bank. Today, this endowment enables the organization to provide grants to not-for-profit groups focusing on Increased Equity, Social Inclusion, Regenerative Environment, and Community Support in Auckland and Northland, New Zealand. As of March 20, 2019, the Foundation had NZD 1.356 billion (USD 648 million) of assets under management.

As part of Foundation's North investment approach, the organization ensures that all of its external managers consider ESG issues when investing the Foundation's assets. Furthermore, the North Foundation seeks to invest in climate change solutions, advance the efficient use of natural resources, renewable energy, clean technology and delivering societal solutions in areas such as health, education and economic wellbeing. Finally, to further its mission, the organization allocates 2% of its portfolio to impact investing.

Statement of Investment Policies and Objectives

Impact Investing Policy