04.2.
Provide an example per asset class of your benchmarks, objectives, incentives/controls and reporting requirements that would typically be included in your managers’ appointment.
Asset class
Benchmark
ESG Objectives
To manage the portfolio in accordance with the ESG Exclusions.
Acting consistently with the PRI; researching and incorporating material ESG factors as relevant to the investment strategy; requirement for ESG reporting.
Acting consistently with the PRI; engaging with companies as relevant to the investment strategy; requirement for ESG reporting.
Requirements around the voting process, including voting policy and management of conflicts of interest, and reporting.
Report on improvement and implementation of ESG policies and processes, including training.
Report on consideration of climate change risk.
Acting consistently with the PRI.
Incentives and controls
Benchmark
Bloomberg AusBond Composite Bond 0+ Yr Index SM
Bloomberg Barclays Global Aggregate Bond Index (fully hedged) in Australian dollars
Incentives and controls
Benchmark
Bloomberg AusBond Composite Bond 0+ Yr Index SM
Bloomberg Barclays Global Aggregate Bond Index (fully hedged) in Australian dollars
ESG Objectives
Acting consistently with the PRI; researching and incorporating material ESG factors as relevant to the investment strategy; requirement for ESG reporting.
Acting consistently with the PRI; engaging with companies as relevant to the investment strategy; requirement for ESG reporting.
Report on improvement and implementation of ESG policies and processes, including training.
Report on consideration of climate change risk.
Acting consistently with the PRI.
Incentives and controls
Benchmark
Bloomberg AusBond Composite Bond 0+ Yr Index SM
Bloomberg Barclays Global Aggregate Bond Index (fully hedged) in Australian dollars
ESG Objectives
Acting consistently with the PRI; researching and incorporating material ESG factors as relevant to the investment strategy; requirement for ESG reporting.
Acting consistently with the PRI; engaging with companies as relevant to the investment strategy; requirement for ESG reporting.
Report on improvement and implementation of ESG policies and processes, including training.
Report on consideration of climate change risk.
Acting consistently with the PRI.
Incentives and controls
Benchmark
Bloomberg AusBond Composite Bond 0+ Yr Index SM
Bloomberg Barclays Global Aggregate Bond Index (fully hedged) in Australian dollars
Incentives and controls
Benchmark
FTSE EPRA/NAREIT Developed hedged in AUD Net TRI Index
ESG Objectives
Acting consistently with the PRI; researching and incorporating material ESG factors as relevant to the investment strategy; requirement for ESG reporting.
Acting consistently with the PRI; engaging with companies as relevant to the investment strategy; requirement for ESG reporting.
Requirements around the voting process, including voting policy and management of conflicts of interest, and reporting.
Report on improvement and implementation of ESG policies and processes, including training.
Report on consideration of climate change risk.
Acting consistently with the PRI.
Incentives and controls
Benchmark
Incentives and controls
04.4.
Provide additional information relevant to your organisation`s appointment processes of external managers.
[OPTIONAL]
Responses across the fixed interest categories are consistent as we hire investment managers to manage across these categories.