Mercer Socially Responsible Global Shares Fund -Hedged Units

Product Name

Mercer Socially Responsible Global Shares Fund -Hedged Units

Issuer

Mercer Investments (Australia) Limited

Category

Investment

Type

Fund or Trust

Target

Retail, Wholesale, Institutional

Certified Since

2018

Asset Classes

International equities

Markets

Australia

Investment Approaches

Negative Screening, ESG Integration

It Includes:

  • Riaa icons 14 Education
  • Riaa icons 32 Green property
  • Riaa icons 12 Healthcare and medical products
  • Riaa icons 11 Impact investments
  • Riaa icons 10 Renewable energy and energy efficiency
  • Riaa icons 15 Social and sustainable infrastructure
  • Tree green background Sustainable land and agricultural management
  • Riaa icons 13 Sustainable transport
  • Riaa icons 31 Sustainable water

It has some level of screening for:

  • Riaa icons 33 Fossil fuels
  • Riaa icons 99 Pornography

It fully excludes:

  • Riaa icons 41 Alcohol
  • Riaa icons 36 Armaments
  • Riaa icons 42 Gambling
  • Riaa icons 99 Pornography
  • Riaa icons 35 Tobacco

Overview

Mercer builds sustainability principles into investment portfolios to help protect and enhance the value of the Funds’ investments. Looking beyond traditional financial factors to consider the potential investment impacts of corporate governance, as well as environmental and social issues, specifically: - Environmental, Social and Corporate Governance (ESG) factors - Taking a broader perspective on risk - Climate change poses a systemic risk and investors should consider the potential financial impacts of both the associated transition to a low-carbon economy and the physical impacts - Active ownership (or stewardship) - Accessing long-term streams of returns, rather than focusing on short-term price movements, can add value. The investment managers appointed to the Funds are: - Encouraged to consider ESG factors, such as those set out in the following table, in assessing investment risk and opportunities, as relevant to the type of investment, and - Required to exclude investments in companies that manufacture tobacco products and controversial weapons, as detailed below under Exclusion of tobacco and controversial weapons companies.


Description


The investment managers for this fund must take into account Mercer’s commitment to sustainable investing. ESG considerations and SRI exclusions as outlined below.

The Fund’s investment managers will:

Invest in companies with a demonstrated commitment to sustainable development; good corporate governance; climate change; the safeguarding of human rights; labour rights; and environmental and social considerations.

Intentionally look for investment opportunities linked to sustainable solutions.

Monitor climate change related investment risks and opportunities, as well as alleged breaches of UN Global Compact.  
Not invest in certain companies, including companies who 

  • Involved in the manufacture of tobacco and any company that derives 50% or more of revenue from other tobacco-related business activities.
  • Involved in the production of controversial weapons, including companies involved with the production of cluster bombs, landmines, biological or chemical weapons, and automatic and semi-automatic firearms.
  • With a material exposure* to:
- Alcohol production
- Carbon intensive fossil fuels (defined as thermal coal and tar sands)
- Gambling
- Pornography

*Material exposure is defined as 10% of revenue or greater in the last financial year.

See the Sustainable investment and ESG considerations section of the booklet for full details.

Other products certified by the Responsible Investment Association Australasia (RIAA)

Mercer Socially Responsible Global Shares Fund -Unhedged Units

Mercer Socially Responsible Australian Shares Fund

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