Mana Tupu Capital · Venture Fund I
ESG Framework
& Investment Approach.
Market-rate financial returns and verifiable environmental and social outcomes are not in conflict. At Mana Tupu, they are the same mandate — embedded in every investment decision, governed by every committee meeting, and reported on every year.
Our ESG Philosophy
A sustainable world
begins with
governance and inclusion.
Mana Tupu invests in New Zealand and NZ-connected companies that accelerate productivity, resilience, and decarbonisation across three strategic sectors: Financial Services (FinTech), Agriculture (AgriTech), and Renewable Energy (GreenTech).
We deliver market-rate financial returns while producing verifiable environmental and social outcomes through investment covenants, measurable impact KPIs, and full transparency — aligned with Invest NZ AIP expectations and the UN's 17 Sustainable Development Goals.
ESG is not a filter applied after investment decisions are made. It is a structural input to origination, due diligence, IC approval, portfolio monitoring, and annual reporting. Every company in our portfolio is held to enforceable minimum standards from the day of investment.
Three Investment Pillars
Where financial returns
and ESG outcomes align.
Each of our three sector pillars has been chosen precisely because the ESG thesis and the commercial thesis reinforce each other. Strong governance produces better FinTech. Sustainable farming is more productive farming. Clean energy is the growth market of the next decade.
Enabling strong governance, improved risk management, transparency, and equitable access in financial services through technology-driven innovation. Open banking, payments infrastructure, and digital financial inclusion create measurable social outcomes alongside commercial returns.
Improving productivity, creating quality jobs, and building economic advantage in agriculture while strengthening New Zealand's export capabilities and local supply chains. AgriTech investments are assessed for their contribution to food security, rural employment, and sustainable land use.
Accelerating technologies that deliver cleaner energy, enhanced resilience, biodiversity protection, and measurable decarbonisation outcomes. Projects with cultural or environmental significance undergo independent technical and cultural advisory review before Investment Committee approval.
Headline Impact KPIs
We measure what
matters. And report it.
Quantifiable outcomes that demonstrate real value creation for New Zealand — tracked quarterly, reported annually, and subject to independent limited assurance.
Full-time equivalent positions created in New Zealand across technical, operational, and leadership roles within portfolio companies.
Investment in workforce capability including training programmes, internships, and graduate placements supported by portfolio companies.
Export revenue generated and international market capability developed by portfolio companies — contributing to NZ's trade position.
For GreenTech investments: emissions avoided, renewable energy generated, biodiversity improvements, and other quantifiable environmental outcomes.
ESG Investment Process
Staged capital.
Enforced by milestones.
Investment capital is released in stages tied to achievement of technical, commercial, and ESG milestones — protecting investor capital while ensuring portfolio companies deliver on their commitments to New Zealand.
Standards & Boundaries
What we will never invest in.
What every investee must uphold.
Investment Exclusions
Minimum Safeguards Required
Reporting & Assurance
Annual reporting with
independent assurance.
The Fund produces an annual report for investors and regulators that includes a dedicated ESG and impact section documenting outcomes, metrics, and progress against sustainable development objectives. Headline KPIs receive independent limited assurance annually.
ESG Governance
Board accountability.
Annual policy review.
ESG accountability is not delegated to a sub-committee or outsourced to a third-party ratings provider. The Mana Tupu Board and Investment Committee retain ultimate accountability for ESG outcomes — and are assessed against them.
Request the Full ESG Policy →
Investment that
leaves New Zealand better.
For investors who want their capital to generate returns and contribute to a measurable outcome — Mana Tupu's ESG framework is built to deliver both. Request our full ESG Policy or speak with our team.