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

Australian Capital Territory

PRI reporting framework 2020

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

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]

Treasury supports the Principles for Responsible Investment through addressing ESG issues in investment policy statements, utilising ESG-related tools, research, analysis, and supporting external ESG service providers, incorporating ESG issues and assessment of ESG risks directly into the investment decision-making process, supporting shareholder resolutions on ESG disclosure, incorporating PRI and ESG requirements in procurement activity and investment management agreements, communicating ESG expectations to investment managers and service providers and increased reporting and disclosure of Treasury's investment policy documents, share investment holdings and proxy voting activity.

Treasury does not participate as a member in other responsible investment associations or groups on behalf of the ACT Government due to being an Australian state government (a body politic) and the governmental arrangements and responsibilities associated with this status. Productive participation by Treasury in ESG associations, organisations or initiatives is not feasible due to very limited internal resources, including both staff and budget resources.

The Responsible Investment policy framework incorporates ongoing ESG research and analysis which addresses agreed and developing international norms and conventions, declarations and principles across a broad range of social, environmental and governance issues.

Treasury considers this approach more effective and appropriate for the ACT's unique circumstances.


SG 09.2. Assets managed by PRI signatories

Indicate approximately what percentage (+/- 5%) of your externally managed assets under management are managed by PRI signatories.

95 %

SG 10. Promoting RI independently

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

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.

Description

          Treasury supports a number of external business entities that provide for responsible investment research and analysis through the provision of environmental, social and governance research and analysis and proxy voting research and analysis.
        

Frequency of contribution

Description

          Treasury continually encourages the adoption of the PRI for all fund managers and related external service providers, with approximately 95% of all investment assets managed by external fund managers that are signatories to the PRI.
        

Frequency of contribution

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

Promotion of responsible investment practices and adoption of the PRI by Treasury is through ongoing discussions with current and potential investment-related service providers and fund managers.


SG 11. Dialogue with public policy makers or standard setters

11.1. Indicate if your organisation - individually or in collaboration with others - conducted dialogue with public policy makers or regulators in support of responsible investment in the reporting year.

Please explain

Treasury is a Directorate of the ACT Government which is an Australian Sovereign government entity responsible for public policy, legislation and regulations for the Australian Capital Territory. Treasury does not undertake investment advocacy engagement activities.

11.4. Provide a brief description of the main topics your organisation has engaged with public policy-makers or regulators on.

Treasury is a Directorate of the ACT Government which is an Australian Sovereign government entity responsible for public policy, legislation and regulations for the Australian Capital Territory. Treasury does not undertake investment advocacy engagement activities.


Top