Our Environmental, Social and Governance Policy

ESG refers to three important criteria that we use to decide where to invest your super funds: environmental, social and governance criteria. Having this framework not only helps us to choose good ethical investments, it's also been shown that these criteria can predict good long-term performance for the funds we manage.

The three criteria

E

Environmental

Environmental criteria look at how organisations effect the natural environment – for example, whether an organisation’s activities are polluting, mining or protecting.

S

Social

Social criteria examine how an organisation manages relationships with its employees, suppliers, customers and the communities where it operates.

G

Governance

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.

Good ESG makes for good investment performance

ESG factors don’t only help organisations like Vision Super invest responsibly for the environment and community. There is growing evidence that ESG factors, when integrated into investment analysis and portfolios, can offer potential long-term performance advantages too. Which means that your super performs better over the long term when it’s invested ethically.

Also, as an ethical not for profit industry super fund, we ensure the companies that we invest in are doing their best to minimise their impact on the environment and act ethically, so we exercise our shareholder vote. This gives us the opportunity to support businesses that are doing the right thing, and oppose actions such as the use of cheap labour in unsafe conditions or excessive pay for executives.

ESG and our investment beliefs

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.

  1. We believe we have a responsibility to act on members’ environmental and ethical concerns.
  2. We encourage an orderly transition to a low carbon economy.
  3. We believe a price should be set on carbon.
  4. We actively engage with our partners, organisations and community groups to make it happen.

Vision Super has a thorough ESG Policy that we use as a guide in our decision making, and to monitor the impact we have on communities and the environment.

Our major ESG alliances

UN Principles of Responsible Investment

We were an early signatory to the UN-backed Principles of Responsible Investment (PRI)

Australian Council of Superannuation Investors

We are a full member of the Australian Council of Superannuation Investors (ACSI)

Responsible Investment Association Australasia (RIAA)

We are a member of the Responsible Investment Association Australasia.

SuperRatings Infinity Rating winner

We are one of the funds awarded SuperRatings’ Infinity Rating for environmental and social responsibilities.

Glass Lewis

Is one of our independent proxy voting research providers, who assists in voting proxies internationally.

Recognition of our responsible investing ratings

Vision Super’s approach to active ownership and stewardship activities are actioned through our proxy voting, collaborative initiatives, company engagement and through policy advocacy work through our proxy research advisors and on occasions directly when required.

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 believe that ESG considerations need to be integrated into investment oversight and decision-making, in order to fulfil our duties to act in the best interests of our members.

Stewardship Statement

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. 

Frequently asked questions

Already a Vision Super member?

The great news is you can now open your pension account online through the secure site.

Not a Vision Super member?

You’ll just need to open a Vision Personal account first and then you can transfer across to a Vision Super pension.