To: Commerce Minister Paul Goldsmith and Prime Minister John Key

Stop Kiwisaver Fund Managers from investing in weapons.

Stop Kiwisaver Fund Managers from investing in weapons.

We call on you to introduce legislation to make it illegal for Kiwisaver fund managers to invest the savings of New Zealanders in companies involved in the manufacture of weapons, bombs, land mines ,missiles or any device the sole purpose of which is to kill or injure.

The legislation should further apply to any company which has a subsidiary involved in weapons manufacture of any sort.

The Legislation should make it particularly clear that investing Kiwisaver funds in any of the following weapons is unethical and expressly prohibited,

- the manufacture of cluster bombs
- the manufacture or testing of nuclear explosive devices (NEDs)
- the manufacture of anti-personnel mines

Why is this important?

Some KiwiSaver fund managers have been investing in companies that make land mines and cluster bombs. By extension, hundreds of thousands of New Zealanders who are KiwiSaver members are unwittingly investing in companies that make weapons of war.

At least five of the nine default KiwiSaver providers have invested in these types of companies, despite them rightly being treated as unethical investments by government agencies such as the New Zealand Superannuation Fund and ACC. Both of these organisations are forbidden to invest in any of these munitions companies because of the government's obligations under international conventions banning the use of these weapons and investment in the companies that make them.

Please sign this petition and share it widely with your friends. Together we can let Commerce Minister Paul Goldsmith know that New Zealanders do not want their hard-earned savings going to manufacture such things as nuclear warheads , cluster bombs or land mines.

Read more: http://www.radionz.co.nz/news/national/311225/kiwisavers-fund-cluster-bombs,-land-mines

Category


Reasons for signing

  • We don't need to make money from other peoples misery.
  • Weapons of war are not the future I want for my mokopuna
  • Unethical..absolutely no need to.

Updates

2016-10-17 21:40:33 +1300

We've reached over 15,000 signatures . Thank you ! Please keep sharing because we deliver our petition tomorrow Tuesday October 18th at 2.30pm. Kia Kaha Bryan

2016-08-30 23:35:34 +1200

We've reached our first milestone of over 10,000 signatures! Thank you .I've spent the last 25 minutes reading some of your many thoughtful reasons for signing.They are simply inspirational. The decency and core values you express have reminded me of how , at heart, we New Zealanders are good people and we want our government to do the right thing. The more of us speak up, the more chance we have of making this happen,so please keep this petition rolling by sharing the link with your friends and family. Kia Kaha. Bryan.

2016-08-30 21:38:57 +1200

10,000 signatures reached

2016-08-21 18:22:59 +1200

5,000 signatures reached

2016-08-18 19:18:09 +1200

1,000 signatures reached

2016-08-18 17:01:50 +1200

500 signatures reached

2016-08-18 13:40:21 +1200

100 signatures reached

2016-08-18 13:16:37 +1200

50 signatures reached

2016-08-18 13:09:30 +1200

25 signatures reached

2016-08-18 13:01:40 +1200

10 signatures reached