Impact Investing in New Zealand | Purpose Capital Impact

Impact

As Impact Investors driving positive environmental and social change in New Zealand, it is important that we track and report on the impact of our investments.

Philosophy & Approach

Vision

To demonstrate how investment can protect and regenerate the environment, support the low/no carbon transition and provide opportunities for people to flourish as part of the new economy.

Mission

Use the power of investment to drive social and environmental change and demonstrate a new way to make money work.

Strategy

We invest in projects and companies that have clear systemic impact potential and intent, ability to meet the Fund’s financial return target and can generate liquidity options within the Fund’s term.

Fund 2 Theory of Change

Principles, Frameworks and Standards

We strive to use best reporting practices, including the below complementary approaches:

Principles

The Operating Principles for Impact Management (Impact Principles) is hosted by the Global Impact Investing Network (GIIN), the leading global industry body for Impact Investing. Purpose Capital became a signatory in June 2023. Our most recent disclosure report is available here, and our 2024 independent verification report, prepared by The Lever Room, is available here.

Frameworks

The Impact Management Project (IMP) builds global consensus on how to measure, manage and report impact. We have used the IMP Five Dimensions of Impact Framework since the Purpose Capital Impact Fund’s inception. The dimensions help explain the intended impact as well as progress towards reaching the impact targets.

Standards

IRIS+ metrics are standardized indicators that describe an organization’s social, environmental, and financial performance. The GIIN offers IRIS+ as a free and public good to advance impact investing around the world. Purpose Capital aligns our metrics with IRIS+ indicators as much as possible while taking a pragmatic approach to using other, more context appropriate metrics when needed.

Our Impact Investments

Pioneer Energy

Supporting the development of renewable energy generation in Aotearoa.

Maungaturoto Solar Farm

Providing equity funding to build a 21MW solar farm project in Northland.

Cool Group

Providing next-generation refrigeration technology and low GWP refrigerant.

Lodestone Energy

Pioneering Utility-Scale Solar Agri-voltaics in the Bay of Plenty, Waikato, and North Island.

Homes for Tamariki

Assisting in housing the most vulnerable children and young adults in the care of Oranga Tamariki.

Bureta Park Build-to-Rent

Affordable housing stock in Tauranga for both renters and first homebuyers alike.

Whakatōhea Mussels Ōpōtiki Limited

A New Zealand first and world leading open ocean mussel farm and mussel processing plant.

Our Impact Reports

Our FY 2025 Impact Report is available to download below, followed by previous impact reports.

White Papers

Solar Section Scan – Summary

Solar Section Scan – Full Paper

Environmental Impact of EV’s

Investing In De-growth

Certifications

Purpose Capital is proud to be at the forefront of Impact Fund Management in New Zealand. We are a certified B Corp, Carbon Positive Organisation, and New Zealand’s only signatory to the global Operating Principles for Impact Management.