Public HTML RI reports - PRI reporting framework 2020

Monash University

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

Objectives and strategies [SG 05 - 06] Governance and human resources [SG 07 - 08] Promoting responsible investment [SG 09 - 11] 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]

Confidence building measures

Confidence building measures [CM1 01 - 07]

Export Public Responses

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.

Yes

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

Select all that apply

Policy components/types

Coverage by AUM

Policy setting out your overall approach

Formalised guidelines on environmental factors

Formalised guidelines on social factors

Formalised guidelines on corporate governance factors

Fiduciary (or equivalent) duties

Asset class-specific RI guidelines

Sector specific RI guidelines

Screening / exclusions policy

Engagement policy

(Proxy) voting policy

Other, specify (1)

Other, specify(2)

Applicable policies cover all AUM

Applicable policies cover a majority of AUM

Applicable policies cover a minority of AUM

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

Your organisation’s definition of ESG and/or responsible investment and it’s relation to investments

Your investment objectives that take ESG factors/real economy influence into account

Time horizon of your investment

Governance structure of organisational ESG responsibilities

ESG incorporation approaches

Active ownership approaches

Reporting

Climate change

Understanding and incorporating client / beneficiary sustainability preferences

Other RI considerations, specify (1)

Other description (1) Annual review of progress in integrating ESG considerations into investment managers approach.

Other RI considerations, specify (2)

Other description (2) Annual review of investments in low carbon assets including renewal energy and low carbon technologies.

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.

Principles
Monash aims to actively incorporate environmental, social and governance (ESG) principles into its investment approach. The Investment Advisory Committee via its investment advisor and investment managers will actively engage on ESG issues to influence corporate behaviour where possible.

Strategy
The Long Term Investment Pool is viewed as an investment in perpetuity, aiming to maintain and grow its capital base to provide a source of funding for University expenditure into the future. The investment objective is to maximise the rate of return over a relatively long time horizon within an acceptable level of risk (including currency risk, credit risk, third party, ESG and sovereign risks). IAC considerations also include the tax exempt status of the University.

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.

Policy setting out your overall approach

URL/Attachment

URL

URL https://www.monash.edu/about/discover-sustainability

Attachment (will be made public)

Screening / exclusions policy

URL/Attachment

URL

URL https://www.monash.edu/__data/assets/pdf_file/0004/709798/16P-1726-T2-VC-The-Environmental-Statement-FINAL-web-2.pdf

Attachment (will be made public)

We do not publicly disclose our investment policy documents

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

Your organisation’s definition of ESG and/or responsible investment and it’s relation to investments

URL/Attachment

URL

URL https://www.monash.edu/__data/assets/pdf_file/0004/709798/16P-1726-T2-VC-The-Environmental-Statement-FINAL-web-2.pdf

Attachment

Time horizon of your investment

Governance structure of organisational ESG responsibilities

URL/Attachment

URL

URL https://www.monash.edu/__data/assets/pdf_file/0004/709798/16P-1726-T2-VC-The-Environmental-Statement-FINAL-web-2.pdf

Attachment

Reporting

URL/Attachment

URL

URL https://www.monash.edu/about/discover-sustainability

Attachment

Other RI considerations, specify (1)

Other RI considerations, specify (2)

We do not publicly disclose any investment policy components

02.3. Additional information [Optional].

SG 03. Conflicts of interest

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

Yes

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

Decision making committees - standing item to declare conflicts of interest.

03.3. Additional information. [Optional]

Fund managers provide annual reports to Monash on internal controls under audit guidance statement GS007, including conflicts of interest.

SG 04. Identifying incidents occurring within portfolios (Not Completed)

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