LGS has a Sustainable & Responsible Investment Policy, located on the website at https://www.lgsuper.com.au/assets/Documents/LGS-Sustainable-and-Responsible-Invest-Policy.pdf, and last updated on 1/5/2015.
This Sustainable and Responsible Investment Policy (‘The Policy’) recognises that LGS is long term in nature, and that the long term prosperity of the economy and the wellbeing of members depends on a healthy environment, social cohesion and good governance of LGS and the companies in which it invests.
As a universal investor with index holdings, LGS has an interest in all major companies in Australia and internationally. This Policy sets down the sustainability principles by which LGS will be managed, and the requirements for all investments made by LGS. It covers the total investment portfolio, with specific policies for public and private equity investments and direct property. The Policy includes the list of collective engagement initiatives that LGS will participate in, and the ESG risk assessment that will be required of LGS’s asset consultant and investment managers.