Public HTML RI reports - PRI reporting framework 2020

UniSuper Management Pty Limited

PRI reporting framework 2020

Basic information [OO 01 - 09] Asset class implementation gateway indicators [OO 10 - 12] Peering questions [OO LE 01 - HF 01]

Strategy and Governance

Investment policy [SG 01 - 04] Objectives and strategies [SG 05 - 06] Governance and human resources [SG 07 - 08] Outsourcing to fiduciary managers and investment consultants [SG 12] ESG issues in asset allocation [SG 13 - 15] Asset class implementation not reported in other modules [SG 16 - 17] Innovation [SG 18] Communication [SG 19]

Indirect – Manager Selection, Appointment and Monitoring

Listed Equity and Fixed Income Strategies [SAM 01] Selection [SAM 02 - 03] Appointment [SAM 04] Monitoring [SAM 05 - 07] Outputs and outcomes [SAM 08 - 09]

Direct - Listed Equity Incorporation

ESG incorporation in actively managed listed equities [LEI 01 - 10] Implementation processes [LEI 01 - 10] (A) Implementation: Screening [LEI 04 - 06] (B) Implementation: Thematic [LEI 07] (C) Implementation: Integration of ESG factors [LEI 08 - 10] ESG incorporation in passively managed listed equities [LEI 11] Outputs and outcomes [LEI 12 - 13]

Direct - Listed Equity Active Ownership

Overview [LEA 01] Engagement [LEA 02 - 08] Outputs and outcomes [LEA 09 - 11] (Proxy) voting and shareholder resolutions [LEA 12 - 21]

Confidence building measures

Confidence building measures [CM1 01 - 07]

Export Public Responses

You are in Strategy and Governance » Promoting responsible investment

Promoting responsible investment

SG 09. Collaborative organisations / initiatives

09.1. Select the collaborative organisation and/or initiatives of which your organisation is a member or in which it participated during the reporting year, and the role you played.

Select all that apply

Principles for Responsible Investment

Your organisation’s role in the initiative during the reporting period (see definitions)

Provide a brief commentary on the level of your organisation’s involvement in the initiative. [Optional]

Seek to apply the PRI, attends PRI roundtable briefings in Australia and provides feedback to the PRI secretariat.

Participates in the "Plastics" working group

Asian Corporate Governance Association

Your organisation’s role in the initiative during the reporting period (see definitions)

Provide a brief commentary on the level of your organisation’s involvement in the initiative. [Optional]

Participate in calls and briefings and liaise with our Asian managers regarding key initiatives

Australian Council of Superannuation Investors

Your organisation’s role in the initiative during the reporting period (see definitions)

Provide a brief commentary on the level of your organisation’s involvement in the initiative. [Optional]

UniSuper actively participates in Member Council meetings, and sits on the board of directors.

AVCA: Sustainability Committee

France Invest – La Commission ESG

BVCA – Responsible Investment Advisory Board

CDP Climate Change

Your organisation’s role in the initiative during the reporting period (see definitions)

Provide a brief commentary on the level of your organisation’s involvement in the initiative. [Optional]

Signatory

CDP Forests

CDP Water

CFA Institute Centre for Financial Market Integrity

Climate Action 100+

Code for Responsible Investment in SA (CRISA)

Council of Institutional Investors (CII)

Eumedion

Extractive Industries Transparency Initiative (EITI)

Your organisation’s role in the initiative during the reporting period (see definitions)

Provide a brief commentary on the level of your organisation’s involvement in the initiative. [Optional]

Signatory and participate in a range of related activites, e.g Oxfam mining symposiums, Transparency International etc

ESG Research Australia

Your organisation’s role in the initiative during the reporting period (see definitions)

Provide a brief commentary on the level of your organisation’s involvement in the initiative. [Optional]

UniSuper was a founding member of ESG RA. For the first 5 years of ESG RA UniSuper was on the ESG RA committee. UniSuper also acts as a judge of the ESG RA awards.

Invest Europe Responsible Investment Roundtable

Global Investors Governance Network (GIGN)

Global Impact Investing Network (GIIN)

Global Real Estate Sustainability Benchmark (GRESB)

Your organisation’s role in the initiative during the reporting period (see definitions)

Provide a brief commentary on the level of your organisation’s involvement in the initiative. [Optional]

has signed up to the initiative and encourages companies to participate

Green Bond Principles

HKVCA: ESG Committee

Institutional Investors Group on Climate Change (IIGCC)

Interfaith Center on Corporate Responsibility (ICCR)

International Corporate Governance Network (ICGN)

Your organisation’s role in the initiative during the reporting period (see definitions)

Provide a brief commentary on the level of your organisation’s involvement in the initiative. [Optional]

Focus on ensuring good working knoweldge of policy documents and dialogue.

Investor Group on Climate Change, Australia/New Zealand (IGCC)

Your organisation’s role in the initiative during the reporting period (see definitions)

Provide a brief commentary on the level of your organisation’s involvement in the initiative. [Optional]

UniSuper is a member of the IGCC Management Committee and also participates in some of the IGCC subcommittees (e.g. Research). UniSuper also participates in IGCC member meetings and discussions. We also have high levels of engagement with IGCC management and are well connected with the IGCC board members.

International Integrated Reporting Council (IIRC)

Investor Network on Climate Risk (INCR)/CERES

Local Authority Pension Fund Forum

Principles for Financial Action in the 21st Century

Principles for Sustainable Insurance

Regional or National Social Investment Forums (e.g. UKSIF, Eurosif, ASRIA, RIAA), specify

          RIAA

Your organisation’s role in the initiative during the reporting period (see definitions)

Provide a brief commentary on the level of your organisation’s involvement in the initiative. [Optional]

UniSuper has been a member of RIAA for a number of years and our Sustainable options and GEO option are certified by RIAA. We also engage in high levels of dialogue with RIAA and provide detailed feedback and input in relation to a range of RIAA activities, publications and initiatives. We have high levels of engagement with RIAA and are one of its key stakeholders, and over 2019 it sat on the Governance committee.

Responsible Finance Principles in Inclusive Finance

Shareholder Association for Research and Education (Share)

United Nations Environmental Program Finance Initiative (UNEP FI)

United Nations Global Compact

Other collaborative organisation/initiative, specify

          MAG 7

Your organisation’s role in the initiative during the reporting year (see definitions)

Provide a brief commentary on the level of your organisation’s involvement in the initiative. [Optional]

In 2015, UniSuper along with a select group of large Australian not for profit institutional investors established MAG7 as an informal ESG discussion group, which meets every 2-3 months to discuss a broad range of ESG related matters. This is an informal collaboration that meets with a high level of frequency and which encourages open and candid discussion regarding a range of ESG related matters.

Other collaborative organisation/initiative, specify

SG 09.2. Assets managed by PRI signatories (Private)

SG 10. Promoting RI independently

10.1. Indicate if your organisation promotes responsible investment, independently of collaborative initiatives.

Yes

10.2. Indicate the actions your organisation has taken to promote responsible investment independently of collaborative initiatives. Provide a description of your role in contributing to the objectives of the selected action and the typical frequency of your participation/contribution.

Provided or supported education or training programmes (this includes peer to peer RI support) Your education or training may be for clients, investment managers, actuaries, broker/dealers, investment consultants, legal advisers etc.)

Description

          Monthly induction presentations
Participation in presenting to Finance students at universities
Meeting with peers to share knowledge
Participated in University roundtables with RI focus

Frequency of contribution

Quarterly or more frequently

Biannually

Annually

Less frequently than annually

Ad hoc

Other

Provided financial support for academic or industry research on responsible investment

Provided input and/or collaborated with academia on RI related work

Description

          Provide examples of "real life" ESG practice, review reporting best practice
We also routinely (and did so in 2019) participate in relevant academic studies

Frequency of contribution

Quarterly or more frequently

Biannually

Annually

Less frequently than annually

Ad hoc

Other

Encouraged better transparency and disclosure of responsible investment practices across the investment industry

Description

          Adhoc requests of managers, participate in working groups regarding TCFD and Modern Slavery disclosures

Frequency of contribution

Quarterly or more frequently

Biannually

Annually

Less frequently than annually

Ad hoc

Other

Spoke publicly at events and conferences to promote responsible investment

Description

          Presentations and panels - where requested ~ 6 times a year

Frequency of contribution

Quarterly or more frequently

Biannually

Annually

Less frequently than annually

Ad hoc

Other

Wrote and published in-house research papers on responsible investment

Encouraged the adoption of the PRI

Responded to RI related consultations by non-governmental organisations (OECD, FSB etc.)

Description

          Where requested - PRI, RIAA etc

Frequency of contribution

Quarterly or more frequently

Biannually

Annually

Less frequently than annually

Ad hoc

Other

Wrote and published articles on responsible investment in the media

A member of PRI advisory committees/ working groups, specify

On the Board of, or officially advising, other RI organisations (e.g. local SIFs)

Description

          Please see membership details in previous question (specifically - ACSI, RIAA, IGCC, ESG RA)

Frequency of contribution

Quarterly or more frequently

Biannually

Annually

Less frequently than annually

Ad hoc

Other

Other, specify

10.3. Describe any additional actions and initiatives that your organisation has taken part in during the reporting year to promote responsible investment [Optional]

UniSuper's members, who come from the higher education and research sector, are highly engaged regarding ESG issues. We seek to communicate with our members regarding ESG related issues. This includes webinars, podcasts, member newsletters, investment updates, the preparation of six monthly responsible investment reports and discussion of ESG issues at member seminars. We also receive high volumes of member queries regarding specific ESG issues and we therefore spend significant amounts of time investigating the issues raised and transparently responding to these queries individually.

In addition to this, UniSuper also conducts a large number of presentations regarding ESG in a number of different forums. These presentations are conducted by not only the Manager, Sustainable Portfolios and Governance, but also by the Head of Equities, the CIO and the CEO

We regularly speak on ESG issues at various different conferences and forums.

When requested, we participate in research and studies with respect to responsible investing.

SG 11. Dialogue with public policy makers or standard setters (Private)

Previous Section Next Section