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