As your superannuation is a long term investment, we believe it makes sense to consider environmental, social and corporate governance issues (ESG) when investing. Consequently we consider, and expect our fund managers to consider, these factors alongside traditional financial measures when making investment decisions.

The United Nations Principals for Responsible Investment

Consistent with the CareSuper approach, there is a growing view among investment professionals that environmental, social and corporate governance (ESG) issues can affect the performance of investment portfolios. The United Nations Principles for Responsible Investment (UNPRI) were developed to provide a framework for the investment community to achieve better long-term returns and more sustainable markets. More information about the Principles is available at www.unpri.org.  The Principles are not prescriptive, but instead provide a menu of possible actions for incorporating ESG issues into mainstream investment decision-making and ownership practices. CareSuper uses these actions as a guide to monitor all service providers as well as its own conduct.

Signing the Principles represents a very real commitment, demonstrating support from the top-level leadership of the Fund. Applying the Principles should not only lead to better long-term financial returns for members, but also a closer alignment between the objectives of all institutional investors and those of society at large.
CareSuper encourages its managers to sign the Principles and become exponents of responsible investing. All current signatories who manage funds for CareSuper are noted under the UNPRI found here.

Australian Council of Superannuation Investors

CareSuper is a Founding Member of the Australian Council of Superannuation Investors (ACSI) the peak corporate governance body for Australian superannuation funds. ACSI provides independent research and advice to superannuation funds on the environmental, social and corporate governance risk of companies in which they invest. CareSuper subscribes to ACSI’s proxy voting service, using the recommendations provided by ACSI to record its votes. More information about ACSI is available at www.acsi.org.au

Carbon Disclosure Project

CareSuper is a signatory to the Carbon Disclosure Project. This is a global project that asks top companies around the world to report information on their carbon emissions. This information helps investors to assess whether companies have a good understanding of their potential liabilities once regulation to reduce carbon emissions is introduced.

ESG Research Australia

CareSuper is a member of ESG Research Australia. This is an initiative designed to encourage and promote research amongst Australia’s brokers and financial analysts that takes into account the impact of environmental, social and governance issues on companies performance.

_{Disclaimer
Hyperlinks to third party websites are provided to you as a convenience only for viewing purposes only. Information on these websites may be subject to copyright and must not be downloaded, printed or reproduced without the permission of the copyright owner. CareSuper does not endorse, recommended or accept any responsibility for the content of any third party website.}