AUSTRALIAN NATIONAL UNIVERSITY
160 community was enormously positive .” Fallon has been driving further changes over recent years . “ We have reconsidered our management of international equities , revised the funds and investment mandate , and overlaid our SRI policy to our international equities management , applying performance metrics on carbon reduction to how we invest and who we invest in .” ANU has done the same with its domestic equities investment . “ We have consistently achieved a 25 % reduction or more in the carbon intensity of our domestic portfolio than the ASX200 benchmark ” reveals Fallon who believes ANU has been a pioneer in that space .
“ We ’ re now seeing the industry and the investment houses moving to accommodate Environmental , Social and Governance ( ESG ) and socially responsible investment , it ’ s a muchimproved marketplace ,” she notes . “ Aberdeen Standard Investment , for example , applies the same ESG standards found in equity portfolios to fixed interest portfolios .” That overlay excludes investment in companies that derive more than 20 % of their
NOVEMBER 2019