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NGS Super Fund

PRI reporting framework 2020

You are in Strategy and Governance » Investment policy

Investment policy

SG 01. RI policy and coverage

New selection options have been added to this indicator. Please review your prefilled responses carefully.

01.1. Indicate if you have an investment policy that covers your responsible investment approach.

01.2. Indicate the components/types and coverage of your policy.

Select all that apply

Policy components/types

Coverage by AUM

01.3. Indicate if the investment policy covers any of the following

01.4. Describe your organisation’s investment principles and overall investment strategy, interpretation of fiduciary (or equivalent) duties,and how they consider ESG factors and real economy impact.

The principle objective of the Fund's Responsible Investment policy is to ensure that ESG risks and opportunities are adequately considered as part of the Fund’s investment processes and to assist and guide the Fund in engaging with investment managers and companies to promote better governance practices.

The Fund is of the view that corporate awareness of, and responsible behaviour towards, ESG factors will act to both reduce investment risk and have a positive influence on long-term corporate performance. In this regard the Fund believes that:

  • Disclosure should be a key focus that allows investors to better understand, evaluate and assess potential risk and return, including the potential impact of ESG factors on an entity's performance
  • Investment analysis should incorporate ESG factors to the extent that they affect long-term risk and return.

 

01.5. Provide a brief description of the key elements, any variations or exceptions to your investment policy that covers your responsible investment approach. [Optional]

01.6. Additional information [Optional].

          
        

SG 01 CC. Climate risk (Private)


SG 02. Publicly available RI policy or guidance documents

 

02.1. Indicate which of your investment policy documents (if any) are publicly available. Provide a URL and an attachment of the document.

URL/Attachment

URL/Attachment

URL/Attachment

URL/Attachment

URL/Attachment

URL/Attachment

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URL/Attachment

02.2. Indicate if any of your investment policy components are publicly available. Provide URL and an attachment of the document.

02.3. Additional information [Optional].

Also


SG 03. Conflicts of interest

03.1. Indicate if your organisation has a policy on managing potential conflicts of interest in the investment process.

03.2. Describe your policy on managing potential conflicts of interest in the investment process.

All members of the Investment Committee and Board must disclose any potential conflicts of interest before decisions are made. Our Conflicts Manageement Framework is available here: https://www.ngssuper.com.au/files/forms/download/conflicts-management-policy.pdf 

Please see SG03.3 for further context. 

03.3. Additional information. [Optional]

The following is an extract of the Fund's IGF in relation to conflict management:

The Trustee has a Conflicts Management Framework which outlines the Board’s approach to ensuring that the Fund takes reasonable practicable action to identify, avoid and/or prudently manage all actual and potential conflicts of interest.

In addition to the measures set out in the Conflicts Management Framework the following controls are in place to manage the risk that investment decisions are made other than in the best interests of members.

Investment Team Conflicts Management

A conflict of interest notification and reporting process is in place for all members of the internal investments team to ensure transparency in decision making. The process is the responsibility of the Manager, Investment Governance and Legal however, all members of the internal investments team have accountability for the notification and management of their own conflicts.

An interest register is maintained ensuring all actual or perceived conflicts are recorded and appropriately controlled for each member of the internal investments team. Pecuniary interests such as superannuation accounts and other investments of both members of the internal investments team and their family members are disclosed and no materiality threshold is applied to ensure transparency in decision making. The internal investments team are prompted to raise any new conflicts or changes to existing conflicts regularly at internal investments team meetings.

The Chief Strategy and Risk Officer and the Senior Manager, Governance have oversight of this register and reporting process.


SG 04. Identifying incidents occurring within portfolios (Private)


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