Doing our part in looking after the planet
Sustainability is not just about considering the environmental and social impacts of our decisions today, it’s about thinking ahead and ensuring we maintain and continue to develop a robust super fund for your future financial security. That’s why ensuring that we act in an ethical and sustainable manner is a priority.
For Statewide Super, sustainability is about responding to the changing environment by recognising that the actions we take and the way we invest will have an ongoing impact on the environment, society and the economy. Because it affects everything we do, we’ve made sustainability the guiding principle across our business – our investments, our organisation and our place in the community.
We are proud to have an internal Sustainability Committee driving environmental and social initiatives as well as an investment team who takes environmental, social and governance (ESG) considerations into their investment philosophy and decision-making.
Why do we operate sustainably?
Statewide Super embraces sustainability because we believe it makes good business sense – for the long term wellbeing of your retirement savings, the natural environment and the community in which we all live and work. We take every opportunity to adopt more efficient and effective internal practices which reduce our environmental impact, as well as reducing costs. This is helping us to maintain our superior local service.
How do we operate sustainably?
As a leader in environmental and social responsibility, Statewide Super is proud to be a SuperRatings ‘Infinity Recognised’ super fund once again in 2016. This honour is bestowed to a small group of fifteen super funds who display outstanding commitment to operating a sustainable super fund.
Some of the ways Statewide Super display leadership in this area is as follows:
- A signatory to the United Nations Principles for Responsible Investment (UNPRI)
- A signatory to the Carbon Disclosure Project (CDP)
- A member of the Investor Group on Climate Change (IGCC)
- A member of the Australian Council of Superannuation Investors (ACSI)
- Measuring and offsetting the Fund’s carbon emissions
- Adopting socially responsible purchasing practices
- Development of a Sustainability Committee to drive a reduction in our carbon footprint.