This report shows public data only. Is this your organisation? If so, login here to view your full report.

Colonial First State Global Asset Management (including First State Investments)

PRI reporting framework 2016

Export Public Responses
Pdf-img

You are in Strategy and Governance » Objectives and strategies

Objectives and strategies

SG 04. RI goals and objectives

04.1. Indicate if and how frequently your organisation sets and reviews objectives for its responsible investment activities.

04.2. Additional information. [Optional]

Three year objectives for responsible investment have been set in our Responsible Investment strategy which has been approved by the Global Responsible Investment Committee (GRIC).  The GRIC is chaired by the CEO and includes senior leaders from across the organisation including chief investment officers for equities and fixed income, senior investment professionals, distribution, people and culture, and regional business heads.

The Objectives in the RI Strategy are included in the KPIs for our responsible investment team and for the responsible group executives.

Monitoring of objectives (KPIs) occurs half yearly through the performance management process for all employees and when the GRIC meets.

We publicly disclosure objectives and our performance against them in our annual responsible investment report which is available at: http://ri.firststateinvestments.com/ 


SG 05. Main goals/objectives this year

05.1. List the main responsible investment objectives that your organisation set for the reporting year.

Responsible investment processes

Key performance indicator

          Update of RI/ESG intranet site with training material
        

Progress achieved

  • RI/ESG Intranet site update completed

Key performance indicator

          RI newsletter to be established
Update of RI/ESG intranet site
        

Progress achieved

  • Quaterly RI Newsletter established (first two issues sent in 2015)
  • RI/ESG Intranet site update completed 

Key performance indicator

          Further enhance ESG Integration by Investment Teams.
        

Progress achieved

Quality - Investment Outcomes

  • RI Report includes information on country and sector risk for the first time
  • Reporting commenced to investment assurance function to integrate ESG and stewardship factors in global investment committee meetings

Quality - ESG Data Strategy

  • ESG data fully integrated with Bloomberg and update process automated
  • Bloomberg based ESG dashboard completed, - Final testing and implementation completed with Global resources team
  • Factset integration completed.
  • Development of Factset version of ESG dashboard underway
  • Realindex performed research note using GMI and Sustainalytics data 
  • Growth team fully integrated ESG information into proprietary system

Financial performance of investments

ESG characteristics of investments

Other activities

Key performance indicator

          Stewardship - Industry Voice. Leading contribution to key industry initiatives.
        

Progress achieved

  • Joined Towers Watson Thinking Ahead Institute
  • Maintained memberships and involvement in key indsutry groups including Cambridge Investment Leaders Group, EuroSif, IIGCC, RIAA, IGCC, Financial Services Council, UKSIF. 

 

Key performance indicator

          Stewardship - Client and consultant RI Interests and concerns are incorporated into the content and management of our RI Reporting. Reports are of the highest
        

Progress achieved

  • Received award for ESG Integration at Financial News Awards
  • Over 30 case studies provided in 2015 RI Report

Key performance indicator

          Stewardship - Client and consultant RI Interests and concerns are incorporated into the content and management of our RI Reporting. Reports are of the highest
        

Progress achieved

  • RI Report delivered on time. Recieved award for ESG Integration at Financial News Awards
  • Over 30 case studies provided in 2015 RI Report

05.2. Additional information.


Top