Building better futures

Vision Super exists to help our members achieve a comfortable retirement. We do this with sustainable super products, quality advice and education, and low fees.

We pride ourselves on being a fund that invests and operates responsibly for the environment and our community. Our environmental and social responsibilities are underpinned by the overarching principle that as an industry fund, we put our members’ interests first in everything we do.

A low cost and low carbon option

Further to our fund-wide commitment to responsible investment and practices, we have introduced a new investment option for those who want even more focus on sustainability. 

Vision Personal's Sustainable balanced option specifically seeks to invest in companies that are considered sustainable.

It is Australia's cheapest sustainable super option, as rated by SuperRatings on a $50,000 balance.

Sustainable option >logo greenJoin now >

Environmental, Social and Governance (ESG)

Environmental, social and governance (ESG) are three important factors used to measure the sustainability and ethical impact of an investment in a company or organisation. Vision Super has a thorough ESG Policy which we use to guide our decision making and to monitor the impact we have on communities and the environment.

Environmental criteria looks at how organisations effect the natural environment, for example, whether it be polluting, mining or protecting. Social criteria examines how an organisation manages relationships with its employees, suppliers, customers and the communities where it operates. Governance deals with a company’s leadership, executive pay, audits and internal controls and shareholder rights.

ESG factors don’t only help organisations like Vision Super invest responsibly for the environment and community - growing evidence suggests that ESG factors, when integrated into investment analysis and portfolios, they can offer potential long-term performance advantages too.

Vision Super's major ESG alliances include:

UN Principles of Responsible Investment

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

Australian Council of Superannuation Investors

An associate member of the Australian Council of Superannuation Investors (ACSI)

Responsible Investment Association Australasia (RIAA)

A member of the Responsible Investment Association Australasia.

SuperRatings Infinity Rating winner

One of the funds awarded SuperRatings' Infinity Rating for environmental and social responsibilities.

 

How are we an ethical super fund?

elthicsAs a not for profit, industry fund, everything we do is for our members. We keep fees low, cut costs where possible, and return all profits back to our members – and we think that’s an ethical structure.

We want to make sure that 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.

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

Responsible investing ratingsround pri

For 2019, Vision Super was recognised as one of only 6 Australian super funds to join the 2019 PRI Leader’s Group for responsible investment work in the field of selecting, appointing and monitoring external managers in listed and or private equity. The Leaders Group of leading signatories is roughly equivalent to 10% of all asset owner signatories and receiving a rating/score “A+” for 9 out of out of the 10 reporting categories for our PRI Reporting Framework Assessment and an “A” for Listed Equity Active Ownership.  

- PRI Leaders Group

In 2018 we were found to be one of only 12 funds that met the Responsible Investment Association Australasia’s (RIAA) highest reporting standards in responsible investing. We were and rated as comprehensive across their main asset pillars. 

Furthermore, in 2019 we made the RIAA Responsible Investment Super Study Leaders Board. Each year the leading funds comprise the top 25% of the research universe. Here we were one of 14 of the 57 funds they researched that consistently articulated and demonstrated a comprehensive responsible investment approach across our frameworks.

- Responsible Investment Benchmark Report (2018) and RIAA Responsible Investment Super Study (2019)

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The evidence

Our fossil fuel divestment and exposure, our investments, governance framework, and what we're doing to influence change – you can get all the details in our Corporate responsibility report:

Corporate responsibility report >


Putting members first


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Our responsibility

It is our fiduciary responsibility to grow and manage our members’ retirement savings, so that they can enjoy a good quality of life in retirement. 

As an industry fund, everything we do is for our members – and we return all profits to them. We keep management fees to a minimum, cut costs where possible, and we’re efficient in our processes – all so our members can have more money for their retirement.

We believe that for our members to have confidence in the superannuation system, there needs to be effective policy in place that allows them to grow sufficient super savings during their working life.

We work with major employer associations to stand up for our members, protect their interests, and to increase their benefits. We recently introduced a measure with participating employers and members, to increase members’ super contributions from their before-tax salary. This extra “top up” is a minor fraction of a members’ salary that can make a major difference to their final outcome.


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Committed to our community

We are committed to caring for Victorian communities and organisations that offer positive, sustainable and practical help to all Victorians. Each year we support a number of grassroots events, where we get the opportunity to give back to members and their social communities. Over the last three years, Vision Super staff raised over $80,000 for the Snowdome Foundation, Kidney Health Australia, Carers Victoria, and the Royal District Nursing Service through staff participation in the Murray to Moyne cycling event. We also support the Prostate Cancer Foundation of Australia, a broad-based community organisation and the peak national body for Prostate Cancer in Australia.

Additionally, we work alongside key industry partners, including (but not limited to) the Municipal Association of Victoria (MAV), a peak local government body, the Australian Services Union (ASU) representing 185,000 members across the country, and the Victorian Water Industry, the industry association for water businesses in Victoria.

We are a proud member of the National City Switch Green Office program, which helps organizations to achieve office energy efficiencies and reduce carbon emissions and have a comprehensive recycling program to reduce waste. To improve efficiencies and further reduce our carbon output, we recently replaced two of our fleet cars with hybrid Toyota Corollas and have a commitment to move our entire fleet to hybrid electric cars or other innovative vehicles as soon as is practical. To reduce paper consumption, Vision Super has a pass code printing system, which means employees can print only after swiping their security pass at the printer.


Our key partners

We are committed to caring for Victorian communities and organisations that offer positive, sustainable and practical help for all Victorians. Our key community and industry partners include the following:

Governance 

Our environmental and social responsibilities are all underpinned by good governance.

Open communication with our members and stakeholders helps us remain accountable and transparent. We achieve this through our Annual report, annual member forums and our Corporate responsibility report and governance framework. These events provide us with an opportunity to share information about our leadership, executive pay, audits, and shareholder rights.

We also maintain partnerships with a variety of different associations and employer groups which help us remain engaged with the industries where many of our members work, and to show our support for our members and their communities. Some of these associations, such as the Australian Services Union, the Municipal Association of Victoria and Victorian Water Industry Association have appointed members on our Board of directors.

Need more information?

If you need help with any of the topics covered on this page, please don't hesitate to contact us.  
Use our quick contact online form or call us on 
1300 300 820.

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