Ethics & ESG
Our members come from all walks of life and from every facet of the legal community. This diversity is reflected in our ESG policies, partnerships and choice of investment options.
Management of environmental, social & governance issues
The Board has adopted an Environmental, Social & Governance (ESG) Policy. This Policy acknowledges the potential for ESG considerations to have impacts on investments.
In 2017/18 the Board approved the exclusion of tobacco stocks from directly held share portfolios. A new investment in 2017/18 – Lighthouse Infrastructure – involved an investment in renewable energy generation and social infrastructure assets.
The Board, assisted by the Investment Committee, will continue to monitor developments in the economy and in financial markets and remain vigilant for any impacts for the savings invested with legalsuper.
Australian Council of Superannuation Investors
legalsuper is a member of the Australian Council of Superannuation Investors (ACSI). ACSI exists to provide a strong, collective voice on environmental, social and governance (ESG) issues on behalf of members. ACSI members include 38 Australian and international asset owners and institutional investors. ACSI provides research and advice on ESG risks and opportunities which have a material impact on investment outcomes.
Through ACSI, we aim to collaborate to achieve genuine, measurable and permanent improvements in the ESG practices and performance of the companies we invest in. ACSI actively contributes to government, parliamentary committees and other relevant public policy forums to promote a regulatory system that is equitable and effective for long-term investors.
Investment options for our members with a strong interest in ESG