Putting positive pressure on social media companies

By April 16, 2019Investor news

Social Media and the Christchurch Event

In the aftermath of the Christchurch terror attack, attention has turned to the role of social media in events of this nature, and the responsibility social media companies have to understand how their platforms are used.

MAS has joined an initiative led by the NZ Super Fund that seeks to bring institutional investors together to jointly engage and influence the major social media companies to take responsibility for the content on their platforms. You can find out more about the initiative here.

The action we have taken is in addition to the regular engagement and voting activities that MAS as a responsible investor undertakes. We are also in the process of introducing further consideration of environmental, social and governance (ESG) factors into our investment process. You can find more about our approach to responsible investing here.

As part of our commitment to responsible investing, we hosted an investment function for Auckland Members at which respected business journalist Rod Oram spoke.  Rod has particular expertise in sustainability and his presentation provided a fascinating insight to the challenges and opportunities that consumers and investors face.

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