Responsible Investment

MLC Investments Limited’s (MLCI) Responsible Investment Policy defines the role Responsible Investment plays in the assessment, selection and monitoring process of externally appointed managers and outlines the framework for identifying and managing Environmental, Social and Governance (ESG) risks and opportunities across a number of Managed Investment Schemes. This Policy covers schemes where MLCI acts as responsible entity or trustee.

The policy identifies five core Responsible Investment beliefs which promote ESG principles and considerations in our investment decisions and offerings:

• ESG issues can be a source of opportunity and risk in the management of investment portfolios;
• Consideration of ESG issues assists in meeting long-term performance objectives;
• Proxy voting and company engagement can positively influence corporate behaviour;
• Effective stewardship of companies with negative environmental and social risks is preferred to the alternative of divestment; and
• Climate change creates significant long-term risks and opportunities that require special attention.

The Proxy Voting Policy sets out the rules MLCI applies in relation to proxy voting and the disclosure of voting activities.

For information on Responsible Investment for OnePath Funds Management Limited (ANZ Smart Choice, OptiMix and OnePath investment funds), please visit the OnePath website.

Responsible Investment across the Insignia Financial Group

To find out more about Responsible Investment in superannuation business, (including IOOF Investment Management Limited) read our IIML, OPC and OFM Responsible Investment Policy.

For more information about Responsible Investment across Insignia Financial Group please visit the website.