1. Responsible investment definition

1.1. Responsible investment means incorporating environmental, social and governance (ESG) considerations into investment decisions, to better manage risk and generate sustainable, long-term returns.

2. Our responsible investment beliefs

2.1. The investment interests of our customers and stakeholders are impacted by ESG considerations.
2.2. We have a responsibility to allocate our customers’ money to productive purposes in the pursuit of sustainable long term wealth protection and enhancement in accordance with the investment objectives of our products.
2.3. The understanding and application of ESG considerations continues to develop.
2.4. We will earn and maintain the trust of our customers and stakeholders by the careful and responsible execution of our fiduciary responsibilities.

3. Our responsible investment commitments

3.1. We will seek to understand the responsible investment needs of our customers.
3.2. We will reflect public awareness of responsible investment considerations and demand for responsible investment options through the development and delivery of innovative products and services.
3.3 Where consistent with our fiduciary responsibilities:

(a) We will incorporate ESG considerations into our investment analysis and decision making processes.
(b) We will incorporate ESG considerations into our active ownership policies and practices.
(c) We will build the capacity of staff to understand and assess ESG risks and opportunities and will collaborate to enhance our effectiveness in implementing our commitments.
(d) We will report on how we manage ESG considerations.
(e) We will seek disclosure on ESG considerations by the entities in which we invest and the fund managers that we use.
(f) We will promote acceptance and implementation of Responsible Investment considerations within the investment industry.