POWERED BY MOMENTUM MEDIA
EISS Super strengthens ESG tools
EISS Super has implemented State Street’s environmental, social and governance (ESG) tools to provide the firm with customised performance and risk management.
The risk analytics solution would help EISS Super assess the tonnes of carbon emissions produced by its investee companies as well as use ESG data sets to meet investment and reporting requirements. It could also assess how changes in allocation would affect the overall risk of a portfolio.
ESG had been a growing focus of super funds and, according to State Street, 62% of asset owners globally ranked strengthening their ESG integration across investment portfolios as one of their top three priorities over the next three years.
Daniel Cheever, head of State Street Institutional Services for Australia, said: “Asset owners are not only looking at ESG from a transparency and disclosure perspective, but also integrating ESG into their investment process to manage material ESG risks and generate alpha.
“Increasingly, investors analyse data beyond traditional financial metrics and it is important for them to have a holistic view of ESG drivers along with risk metrics our ESG Risk Analytics Solutions delivers.”
EISS Super chief executive, Alexander Hutchison, said: “We’re committed to delivering solid long-term investment outcomes for our members. We have a responsibility to consider, understand and manage all the potential risks facing our investment holdings and one of the risk categories we look at is ESG”.
AUTHOR
Laura Dew
Laura Dew is editor at Super Review. Prior to joining SR, she spent five years working at Investment Week in the UK covering asset and wealth management.
Recommended for you
Governor Michele Bullock took a more hawkish stance on Tuesday, raising concerns over Donald Trump’s escalating tariffs, which sent economists in different directions with their predictions.
Equity Trustees has announced the appointment of Jocelyn Furlan to the Superannuation Limited (ETSL) and HTFS Nominees Pty Ltd (HTFS) boards, which have oversight of one of the companies’ fastest growing trustee services.
Following growing criticism of the superannuation industry’s influence on capital markets and its increasing exposure to private assets, as well as regulators’ concerns about potential risks to financial stability, ASFA has released new research pushing back on these narratives.
A US-based infrastructure specialist has welcomed the $93 billion fund as a cornerstone investor.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
GAM LSA Private Shares AU I
37.08 3 y p.a(%)
2
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
32.63 3 y p.a(%)
3
Fidante Credit Suisse Global Private Equity
32.16 3 y p.a(%)
4
Global X GlobalX FANG+ ETF
28.28 3 y p.a(%)
5
Plato Global Alpha A
27.76 3 y p.a(%)
