Vision Super only excludes listed companies where we don’t believe engagement can reduce harm, or where we believe there is a long-term risk to our members’ money. Our company exclusions are for tobacco/vaping products and controversial weapons based on information from our ESG service provider. These exclusions are outlined below. Our exposure to fossil fuels in our listed equities portfolio is managed through carbon intensity limits under our carbon budget framework. For further information please refer to our Carbon budget page.
Vision Super has an exclusions framework that the Board uses to ensure we make decisions about whether to exclude particular companies in a consistent way, and that doing so is in the long-term financial interests of our members.
As part of this framework, the Board will:
Clearly define what is being proposed for exclusion.
Define why the category of assets is being proposed for exclusion. This will take into account the values of the Fund.
Vision Super maintains a list of companies that we consider to be prohibited investments. The list is reviewed regularly by the Vision Super ESG Working Group and Investments team. Using the methodology and definitions of our ESG data provider MSCI we have identified companies that are involved in controversial weapons production and the production of tobacco and vaping products. The list is reviewed at least annually and where new companies are identified for exclusion we seek to divest our holdings within a reasonable timeframe.
Member Hotline 1300 300 820
Employer Hotline 1300 304 947
Retirement Hotline 1300 017 589