Meet the Responsible Investment team
Hear from the Responsible Investment team about the role they play in the sustainable, responsible management of Colonial First State’s super investments.
In addition to supporting the Investor Statement on Coronavirus Response and the Investor Group on Climate Change, the Colonial First State Investments team is proud to support a new initiative: the Investor Statement on Modern Slavery, Human Trafficking and Labour Exploitation Issues.
The Investor Statement on Modern Slavery, Human Trafficking and Labour Exploitation Issues represents a coalition of investors calling on companies to take real action against modern slavery, labour exploitation and human trafficking. These issues are sadly prevalent even in the twenty-first century, and can involve anything from weak regulatory environments and illegal activities such as forced labour or slavery, to supply chains and business models that rely on underpaid workers.
Even before the pandemic, there were more than 40 million people estimated to be experiencing issues like modern slavery worldwide. But due to Coronavirus, various industries across the world are facing additional challenges that are likely to increase the number of vulnerable individuals.
We believe supporting the statement’s proposed action items can help encourage companies to:
When it comes to being a responsible investor, it’s important to be conscious of the world around us. Scott Tully, General Manager of Investments, says, “We believe that good investment management of the environmental, social and governance risks of investing can have a positive impact – not only on the world around us, but also on long-term investment performance and, in turn, the long-term financial returns of our members.“
Looking ahead, Colonial First State will continue working towards supporting initiatives that aim to have a positive impact and will keep members up to date on the latest developments. More information about our approach to responsible investing and the responsible investment beliefs that underpin Colonial First State’s investment process can be found on our website.