Pendal Ethical Share Fund

Product Name

Pendal Ethical Share Fund

Issuer

Pendal Group

Category

Investment

Type

Fund or Trust

Target

Retail, Wholesale, Institutional

Certified Since

2005

Asset Classes

Australian only equities

Markets

Australia

Investment Approaches

Negative Screening, Positive Screening

It Includes:

  • Riaa icons 32 Green property
  • Riaa icons 12 Healthcare and medical products
  • Riaa icons 10 Renewable energy and climate change solutions
  • 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 52 Human rights abuses
  • Riaa icons 38 Labour rights violations
  • Riaa icons 99 Pornography

It fully excludes:

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

Overview

The Pendal Ethical Share Fund is an actively managed portfolio of Australian shares which seeks to ensure that funds are invested in an ethical and socially responsible manner. The investment process combines the potential to achieve strong performance over the long term while also investing in companies whose practices and impacts are aligned with an investor’s own social, environmental and ethical preferences.


Description


Investing in this fund provides exposure to companies assessed as demonstrating and or/offering leading environmental and social practices, products and services, whilst avoiding companies that do not meet the Fund’s ethical guidelines.

Negative screening means that we exclude companies which do not meet our criteria as set out below.
 
Negative screens are used to exclude companies (0% materiality threshold) as follows: 
  • Uranium: companies which directly mine uranium for the purpose of weapons manufacture
  • Alcohol and tobacco: producers of these products
  • Gaming: manufacturers and providers of gaming facilities 
  • Weapons: manufacturers of weapons and armaments
  • Pornography: manufacturers and distributors of pornography (if revenues from manufacture or distribution represent greater than 10% of revenues)
We also exclude:
• Environment: companies that have committed significant or recurrent breaches of environmental regulation 
• Workplace and business ethics: companies that have committed significant or recurrent breaches of workplace health and safety, anti-discrimination, equal opportunity, trade practices, or industrial relations legislation 

Positive screening means that we actively seek investments in industries and companies assessed as demonstrating and/or offering leading environmental and social practices, products or services.

Leading Industries
Industries offering products and services that provide a direct benefit to social and/or environmental outcomes such as: 
  • Environmental management or remediation
  • Environmental technologies
  • Energy efficiency and renewable energy
  • Low-impact products or products that reduce ecological footprint
  • Sustainable buildings and property development
  • Sustainable land use and food production
  • Improved health and community wellbeing

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

Pendal Sustainable Australian Fixed Interest Fund

Pendal Sustainable Balanced Fund

Pendal Sustainable Conservative Fund

Pendal Sustainable Future Australian Share Portfolio

Pendal Sustainable International Fixed Interest Fund

Pendal Sustainable International Share Fund

Pendal Sustainable Australian Share Fund

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