The Board has oversight and accountability for responsible investment. The Board has delegated responsibility to the IC for oversight of RI policy and ongoing strategy.
RI training/briefings are provided to the Board. Board members also attend external RI related events to increase knowledge awareness such as ACSI conference.
Responsible investment is a regular item on the IC to inform management activities. The CIO monthly updates also incorporate RI information. The Chair, IC reports key RI information to the Board following IC meetings.
The CEO is a strong advocate and provides RI leadership within the organisation. The CEO also assists with ensuring the Fund is aligned with Cbus responsible investment approach, for example, he sits on the Australian Institute of Company Directors Working Group of the 30% Club; is a member of Male Champion of Change Institute and is a Workplace Gender Equality Agency Pay Equity Ambassador.
CIO and Deputy CIO
The CIO and deputy CIO are strong advocates of RI. The Responsible Investment team reports to the CIO and have fortnightly meetings on RI.
Portfolio Heads oversee and implement RI within their respective asset classes and through selection, appointment and monitoring of external Fund Managers. They also directly engage with companies when appropriate.
Responsible Investment team
Responsible Investment staff provide both guidance on strategy and policy implementation to the CEO, CIOs and Portfolio Managers. The team also drives stakeholder engagement, collaboration initiatives and proxy voting.
External asset advisors provide RI guidance on Fund Manager selection, appointment and monitoring which includes RI ratings.
Our Portfolio Head of Responsible Investment is a strong advocate for the Funds responsible investment approach having spoken at numerous RI forums over the period.