First State Super Australian Equities Socially Responsible Investment (SRI) option

Product Name

First State Super Australian Equities Socially Responsible Investment (SRI) option

Issuer

First State Super

Category

Superannuation or KiwiSaver product

Type

Superfund option

Target

Retail

Certified Since

2016

Certification Symbol

Responsible Investment

Asset Classes

Equities - Australian only

Markets

Australia

Investment Approaches

Negative Screening, Positive Screening

It Includes

  • Riaa icons 11 More sustainable companies

It Excludes

  • Riaa icons 33 Fossil fuels
  • Riaa icons 34 Logging
  • Riaa icons 35 Tobacco
  • Riaa icons 50 Nuclear energy (including uranium)
  • Riaa icons 52 Human rights violations
  • Riaa icons 56 Animal cruelty
  • Riaa icons 36 Armaments
  • Riaa icons 41 Alcohol
  • Riaa icons 42 Gambling
  • Riaa icons 55 Pornography

Overview

The option comprises a diversified range of listed Australian shares screened to meet socially responsible criteria.


Description


First State Super's socially responsible investment options do not include companies that receive more than 10% of their annual revenue through the manufacturing of weapons, uranium, tobacco, alcohol or gaming.

We also rule out organisations that practice forest logging or inhumane animal treatment.

In 2015, First State Super withdrew our socially responsible investment options from all companies that source more than 20% of their operational revenue from coal, oil and gas.

Our investment managers use positive screening to find organisations that are doing business in a sustainable way. That means they’re committed to creating positive outcomes for society and the environment through clean technology, waste emission reduction, recycling and other sustainable initiatives. We also look at good work place practices, sound corporate governance procedures, and high environmental standards.

Whilst the investment managers select companies based on various screens, as Trustee we have absolute discretion to change the underlying investment managers and the SRI considerations that are taken into account in the investment process. 

For more details on our exclusions and inclusion please visit our product information on our website. https://firststatesuper.com.au/investment-and-performance/investments/socially-responsible/