Te Whakatipurawa
Our investment decision making framework
All investment opportunities will be considered using Te Whakatipurawa, a decision-making framework applicable to Te Iho Nuku. The purpose of Te Whakatipurawa is to ensure that all investment decisions of Te Iho Nuku, and certain other agreed decisions and matters, are consistent with identified principles of te ao Māori and the values, code of conduct and objectives of Te Iho Nuku. Te Whakatipurawa will be reviewed and enhanced by the Board of Te Iho Nuku no less than annually.
Key principles or prerequisites of the framework include the following:
use of culturally appropriate protocols with relevant stakeholders and respect for cultural heritage;
integrating active consideration of mana, mauri, and tapu, alongside taiao and tāngata, in all decisions - to ultimately enable enhancement of social outcomes for hapori and improve the impact Property Investments have on the built environment; and
using best endeavours to support employment and up-skilling of Māori, including considering procurement opportunities with Māori businesses across the various rohe invested in, and considering opportunities to enable mana whenua to participate either in the Fund and/or relevant Property Investments.
The framework, as it applies to decisions to acquiring Property Investments, forms part of the Investment Committee Charter.
