How we invest responsibly
We use our voting power to make a positive difference to the industries we invest in.
What is responsible investment?
We’re committed to responsible investment. Responsible investment is an approach to managing assets that sees investors, like us, include environmental, social and governance (ESG) factors in their investment decisions.
When we invest in a company, we become a shareholder, which allows the fund to engage with a company in order to seek improvement in their business practices.
You can’t say no if nobody’s listening
It would be easier for us to avoid fossil fuels altogether, but instead we’re there with a seat at the table, engaging with them to try and seek an improvement in their corporate governance and sustainable business practices. We recently lent our support to a shareholder resolution at BHP’s AGM, calling on them to suspend their membership of advocacy groups who obstruct climate change action on behalf of the fossil fuel industry. And when it isn’t possible to change an immovable industry, we’ve simply said ‘no’. ‘No’ to investing in cluster munitions and ‘no’ to big tobacco.
More than anything, we care about the working rights of our members. We recently co-filed a resolution saying ‘no’ to modern slavery in Australia, which affects an estimated 15,000 people in our country. We will continue to speak up for social change, and know that with our influence, people will listen.
Our top portfolio holdings as at 31 December 2020
In the following tables, we disclose the top 50 Australian and International equities and top 10 Property and Infrastructure asset class investment holdings. These asset classes have been selected because they make up a significant portion of the investment options offered . This information has been provided to inform members and stakeholders of the largest holdings in our portfolio.
The investment holdings in these assets classes can change on a daily basis.
Proxy voting disclosure
Proxy voting is an effective way for us, as investors to influence company management on ESG issues and other business decisions put to shareholders.
Our proxy voting process is included as part of our Environmental, Social and Corporate Governance Issues Policy.