Environmental criteria look at how organisations affect the natural environment – for example, whether an organisation’s activities are polluting or protecting.
Governance deals with an organisation’s leadership, executive pay, audits and internal controls and shareholder rights. Basically, how the organisation is run and what values it operates by.
There is growing evidence that ESG factors, when integrated into investment analysis and portfolios, can offer potential long-term performance advantages. Which means that your super performs better over the long term when ESG factors are considered.
We exercise our shareholder vote. This gives us the opportunity to support businesses that we consider to be acting in alignment with our ESG Principles, and oppose actions such as the use of cheap labour in unsafe conditions or excessive pay for executives.
ESG considerations are included in our fund-wide investment beliefs, which guide the decisions we make about our investment portfolio on behalf of our members.
We were an early signatory to the UN-backed Principles of Responsible Investment (PRI)
We are a full member of the Australian Council of Superannuation Investors (ACSI)
Is our sole independent proxy voting research provider, who assists in voting proxies internationally.
Vision Super is a long-term investor and we aim to improve the long-term sustainable value of the companies we are invested in. We look to the Boards and Executive management of those companies to serve in the best interests of long-term shareholders and other stakeholders. We integrate ESG issues and risks as part of our investment governance framework and incorporate dialogue with our fund managers and the companies we are invested in more broadly.
Vision Super is a signatory to the Australian Asset Owner Stewardship Code (the Code), which essentially refers to the responsibility that asset owners must exercise their ownership rights to protect and enhance long-term investment value for their beneficiaries by promoting sustainable value creation in which they invest. The Code consists of six guiding principles, which range from publicly disclosing our voting, to reporting to beneficiaries about our stewardship activities. The principles are designed to improve the quality and transparency of all our stewardship activities.
The Code was coordinated by the Australian Council of Superannuation Investors (ACSI), of which we are a founding member. ACSI has developed this Code with and for Australian asset owners to promote good practice stewardship in their role as providers of capital.