NZ managed funds excluding fossil fuels (coal, oil, gas)
Funds whose SIPO excludes coal, oil, and gas — extraction, production, or in some cases transportation and refining. Some funds exclude only thermal-coal extraction; others screen the full fossil-fuel value chain. Revenue thresholds vary per fund.
50 funds match. Source: each fund's Statement of Investment Policy and Objectives lodged on the FMA Disclose register.
- ACI Conservative FundACI · Diversified"Coal"Also excludes: Tobacco · Alcohol · Gambling · Adult · Weapons1.50% annualSIPO 2025-11-26
- ACI Growth FundACI · Diversified"Coal"Also excludes: Tobacco · Alcohol · Gambling · Adult · Weapons1.61% annualSIPO 2025-11-26
- AMP Aggressive Managed FundAMP · Diversified"Fossil fuels (arctic oil & gas, oil & gas, oil sands, shale energy, thermal coal)"Also excludes: Weapons · Nuclear · Tobacco · Russian0.80% annualSIPO 2025-05-29
- AMP Balanced Managed FundAMP · Diversified"Fossil fuels (arctic oil & gas, oil & gas, oil sands, shale energy, thermal coal)"Also excludes: Weapons · Nuclear · Tobacco · Russian0.81% annualSIPO 2025-05-29
- AMP Growth Managed FundAMP · Diversified"Fossil fuels (arctic oil & gas, oil & gas, oil sands, shale energy, thermal coal)"Also excludes: Weapons · Nuclear · Tobacco · Russian0.81% annualSIPO 2025-05-29
- AMP International Shares Managed FundAMP · International Equities"Fossil fuels (arctic oil & gas, oil & gas, oil sands, shale energy, thermal coal)"Also excludes: Weapons · Nuclear · Tobacco · Russian0.79% annualSIPO 2025-05-29
- Artesian Green and Sustainable Bond Fund (NZD)Artesian · International FI"Fossil fuel exploration and/or production"Also excludes: Tobacco · Alcohol · AdultSIPO 2026-04-02
- Artesian Short Duration Corporate Bond Fund (NZD)Artesian · International FI"Fossil fuel exploration and/or production"Also excludes: Tobacco · Alcohol · AdultSIPO 2026-04-02
- BetaShares Australian Sustainability Leaders FundBetaShares · Australasian Equities"Fossil fuels – direct (0%)"Also excludes: Gambling · Tobacco · Nuclear · Animal testing · Alcohol · Adult · Predatory lending0.67% annualSIPO 2026-03-30
- BetaShares Global Sustainability Leaders FundBetaShares · International Equities"Fossil fuels – direct (0%)"Also excludes: Gambling · Tobacco · Nuclear · Animal testing · Alcohol · Adult · Predatory lending0.77% annualSIPO 2026-03-30
- BetaShares Global Sustainability Leaders Fund (NZD Hedged)BetaShares · International Equities"Fossil fuels – direct (0%)"Also excludes: Gambling · Tobacco · Nuclear · Animal testing · Alcohol · Adult · Predatory lending0.79% annualSIPO 2026-03-30
- BetaShares NZ Sustainability Leaders FundBetaShares · Australasian Equities"Fossil fuels – direct (0%)"Also excludes: Gambling · Tobacco · Nuclear · Animal testing · Alcohol · Adult · Predatory lending0.59% annualSIPO 2026-03-30
- Booster Socially Responsible Balanced FundBooster · Diversified"Fossil fuels exploration, extraction, refinement, distribution, supply and retailing"Also excludes: Gambling · Tobacco · Nuclear · GMO · Animal testing1.33% annualSIPO 2026-03-30
- Booster Socially Responsible Growth FundBooster · Diversified"Fossil fuels exploration, extraction, refinement, distribution, supply and retailing"Also excludes: Gambling · Tobacco · Nuclear · GMO · Animal testing1.34% annualSIPO 2026-03-30
- Booster Socially Responsible High Growth FundBooster · Diversified"Fossil fuels exploration, extraction, refinement, distribution, supply and retailing"Also excludes: Gambling · Tobacco · Nuclear · GMO · Animal testing1.35% annualSIPO 2026-03-30
- Booster Wealth Geared Growth FundBooster · Diversified"Fossil fuels exploration, extraction, refinement, distribution, supply and retailing"Also excludes: Gambling · Tobacco · Nuclear · GMO · Animal testing1.35% annualSIPO 2026-03-30
- Daintree Core Income PIEDaintree · International FI"The exploration and production of any fossil fuels (coal, oil, gas, oil sands)"Also excludes: Weapons · Tobacco · Alcohol · Gambling0.73% annualSIPO 2026-04-01
- Daintree High Income PIEDaintree · International FI"The exploration and production of any fossil fuels (coal, oil, gas, oil sands)"Also excludes: Weapons · Tobacco · Alcohol · Gambling0.90% annualSIPO 2026-04-01
- Dimensional Australian Sustainability PIE FundDimensional · Australasian Equities"Coal (ownership of thermal or metallurgical coal reserves or revenue from mining of thermal coal and its sale to third-parties)"Also excludes: Weapons · Tobacco · Alcohol · Gambling · Adult0.35% annualSIPO 2025-09-29
- Dimensional Global Bond Sustainability PIE FundDimensional · International FI"Coal (ownership of thermal or metallurgical coal reserves or revenue from mining of thermal coal and its sale to third-parties)"Also excludes: Weapons · Tobacco · Alcohol · Gambling · Adult0.32% annualSIPO 2025-09-29
- Dimensional Global Sustainability PIE FundDimensional · International Equities"Coal (ownership of thermal or metallurgical coal reserves or revenue from mining of thermal coal and its sale to third-parties)"Also excludes: Weapons · Tobacco · Alcohol · Gambling · Adult0.40% annualSIPO 2025-09-29
- Dimensional Global Sustainability PIE Fund (NZD Hedged)Dimensional · International Equities"Coal (ownership of thermal or metallurgical coal reserves or revenue from mining of thermal coal and its sale to third-parties)"Also excludes: Weapons · Tobacco · Alcohol · Gambling · Adult0.40% annualSIPO 2025-09-29
- Dimensional Two-Year Sustainability Fixed Interest PIE FundDimensional · International FI"Coal (ownership of thermal or metallurgical coal reserves or revenue from mining of thermal coal and its sale to third-parties)"Also excludes: Weapons · Tobacco · Alcohol · Gambling · Adult0.25% annualSIPO 2025-09-29
- Evidential Sustainable Global Bond FundEvidential · International FI"Coal (ownership of thermal or metallurgical coal reserves or revenue from mining of thermal coal)"Also excludes: Weapons · Tobacco · Alcohol · Gambling · Adult0.32% annualSIPO 2025-11-18
- Evidential Sustainable Targeted Factor FundEvidential · International Equities"Coal (ownership of thermal or metallurgical coal reserves or revenue from mining of thermal coal)"Also excludes: Weapons · Tobacco · Alcohol · Gambling · Adult0.62% annualSIPO 2025-11-18
- Foundation Series Balanced FundFoundation Series · Diversified"Thermal coal extraction (>5% revenue) or electricity generation from thermal coal (>=25% revenue) (Australasian Equities)"Also excludes: Tobacco · Alcohol · Gambling · Adult · Weapons · Animal testing · Nuclear · Russian0.36% annualSIPO 2026-01-29
- Foundation Series Global ESG FundFoundation Series · International Equities"Coal, oil and gas companies meeting specified revenue or reserve thresholds (International Equities)"Also excludes: Tobacco · Alcohol · Gambling · Adult · Weapons · Nuclear0.10% annualSIPO 2026-01-29
- Foundation Series Growth FundFoundation Series · Diversified"Thermal coal extraction (>5% revenue) or electricity generation from thermal coal (>=25% revenue) (Australasian Equities)"Also excludes: Tobacco · Alcohol · Gambling · Adult · Weapons · Animal testing · Nuclear · Russian0.38% annualSIPO 2026-01-29
- Foundation Series High Growth FundFoundation Series · Diversified"Thermal coal extraction (>5% revenue) or electricity generation from thermal coal (>=25% revenue) (Australasian Equities)"Also excludes: Tobacco · Alcohol · Gambling · Adult · Weapons · Animal testing · Nuclear0.37% annualSIPO 2026-01-29
- Hunter Global Fixed Interest FundHunter · International FI"Companies deriving more than 10% of earnings from or whose only, core, or majority business is the exploration, extraction, refining or processing of fossil fuels"Also excludes: Tobacco · Weapons · Gambling0.53% annualSIPO 2025-08-27
- Lighthouse Global Equity FundLighthouse · International Equities"Fossil fuels"Also excludes: Alcohol · Tobacco · Gambling · Adult · Animal testing1.03% annualSIPO 2026-03-27
- Mercer Responsible Balanced FundMercer · Diversified"Coal, oil or gas (GICS sub-industries: Oil & Gas Drilling, Equipment & Services, Integrated Oil & Gas, Exploration & Production, Thermal Coal; companies with >15% revenue from extraction and proved/pr…"Also excludes: Weapons · Tobacco · Russian · Adult · Alcohol · Gambling1.25% annualSIPO 2026-03-22
- Mercer Responsible Global Shares FundMercer · International Equities"Coal, oil or gas (GICS sub-industries or >15% revenue from extraction with proved/probable reserves)"Also excludes: Weapons · Tobacco · Russian · Adult · Alcohol · Gambling1.69% annualSIPO 2026-03-22
- Mercer Responsible Hedged Global Fixed Interest Index FundMercer · International FI"Coal, oil or gas (GICS sub-industries or >15% revenue from extraction with proved/probable reserves)"Also excludes: Weapons · Tobacco · Russian · Adult · Alcohol · Gambling0.43% annualSIPO 2026-03-22
- Mercer Responsible Trans-Tasman Shares FundMercer · Australasian Equities"Coal, oil or gas (GICS sub-industries or >15% revenue from extraction with proved/probable reserves)"Also excludes: Weapons · Tobacco · Russian · Adult · Alcohol · Gambling1.06% annualSIPO 2026-03-22
- Pella Global Generations PIE FundPella · International Equities"Fossil fuel generation – thermal coal (>5% revenue threshold, unless transitioning and fully exiting within three years)"Also excludes: Animal testing · Gambling · GMO · Adult · Tobacco · Nuclear0.85% annualSIPO 2025-03-26
- Plato Global Alpha PIE FundPlato · International Equities"Companies that derive more than 5% of revenues from Thermal Coal Mining (based on ISS data)"Also excludes: TobaccoSIPO 2026-05-07
- Russell Investments Global Fixed Interest FundRussell Investments · International FI"Prohibited Coal Companies (corporate debt holdings only)"Also excludes: Tobacco · Weapons0.58% annualSIPO 2026-04-01
- Russell Investments Global Listed Infrastructure FundRussell Investments · Other"Prohibited Coal Companies (With Exceptions)"1.08% annualSIPO 2026-04-01
- Russell Investments Hedged Sustainable Global Shares FundRussell Investments · International Equities"Prohibited Coal Companies"Also excludes: Tobacco · Weapons · Nuclear0.33% annualSIPO 2026-04-01
- Russell Investments Sustainable Global Shares FundRussell Investments · International Equities"Prohibited Coal Companies"Also excludes: Tobacco · Weapons · Nuclear0.33% annualSIPO 2026-04-01
- Schroder Sustainable Global Core PIE FundSchroders · International Equities"Thermal coal mining — more than 10% of gross revenue"Also excludes: Weapons · Tobacco0.39% annualSIPO 2026-03-26
- Schroder Sustainable Global Core PIE Fund (Hedged)Schroders · International Equities"Thermal coal mining — more than 10% of gross revenue"Also excludes: Weapons · Tobacco0.39% annualSIPO 2026-03-26
- Smart Emerging Markets ESG ETFSmartshares · International Equities"Companies with exposure to Thermal Coal"Also excludes: Weapons · Tobacco0.59% annualSIPO 2026-04-16
- Smart Europe ESG ETFSmartshares · International Equities"Companies with exposure to Thermal Coal"Also excludes: Weapons · Tobacco0.55% annualSIPO 2026-04-16
- Smart Global Bond ETFSmartshares · International FI"Financial products issued by entities where a material part of revenue (greater than 10%) and/or activities involve fossil fuel production"Also excludes: Tobacco · Weapons0.54% annualSIPO 2026-04-16
- Smart Japan ESG ETFSmartshares · International Equities"Companies with exposure to Thermal Coal"Also excludes: Weapons · Tobacco0.55% annualSIPO 2026-04-16
- Smart US ESG ETFSmartshares · International Equities"Companies with exposure to Thermal Coal"Also excludes: Weapons · Tobacco0.34% annualSIPO 2026-04-16
- Stewart Investors Worldwide Leaders FundStewart Investors · International Equities"Companies with material exposure to exploration, production or generation of fossil fuel energy (coal, unconventional oil & gas, conventional oil & gas) — 5% gross revenue threshold"Also excludes: Nuclear · Alcohol · Tobacco · Gambling · Adult · Animal testing · Weapons0.61% annualSIPO 2026-03-30
- Te Ahumairangi Global Equity FundTe Ahumairangi · International Equities"GHG-intensive fossil fuels"Also excludes: Weapons · Tobacco · Alcohol · Gambling0.62% annualSIPO 2026-03-29
Other exclusion categories
How exclusions work in NZ ethical funds
Exclusion screens are set in each fund's Statement of Investment Policy and Objectives (SIPO) — the foundational policy document each scheme must lodge under the Financial Markets Conduct Act 2013. Each fund's revenue threshold for inclusion in the exclusion list varies (typically >5%, >10%, or "any involvement"). The exact wording for any fund is visible on its `/investment-mandate/` page.
An exclusion screen is one component of an ethical or responsible-investment policy — the other components are positive screens (e.g. preferential weighting of high-ESG-score companies), thematic tilts (e.g. clean-energy overweight), and engagement (proxy voting, manager-investee dialogue). The SIPO sets out which approaches the manager uses; click any fund to see the full policy.