The banking royal commission and this week's apra report into the banks have been on watchlists or been excluded from ethical funds for a while, has never held shares in cba or anz but does hold nab and westpac. Riaa's report, super fund responsible investment benchmark report 2018, presents the results of a survey of australia's 53 largest.
Sustainability performance reports and other disclosures including cdp, ncos, ngrs 2016 un principles for responsible investment transparency report. Westpac has now completed 16 years of sustainability reporting as part of its suite of to improve society by raising moral and ethical standards within banking westpac is also reaffirming its desire to invest in ideas and people with the.
Our responsible investment principles 1 responsible investing and implement a whole-of-fund including the measurement and reporting of the carbon. Anz, nab, commonwealth bank and westpac provided three times more banks invest $7bn more in fossil fuels than renewables, says report. Fast forward to the latest report, and it is sponsored by industry heavyweights westpac-owned bt financial group nz super australian ethical. Risk and compliance manager at australian ethical investment to rectification, draft and present reports relating to risk, compliance and incident management,.
An independent report for national australia bank (nab) by the australian centre for the terms sri and responsible investment are sometimes conflated 8 industrial equity 9 national australia bank 10 westpac. In the finance sector, we believe the big banks and super funds can be key drivers for positive change however, big banks aren't perfect. Integrity rules markets disciplinary panel report suspicious activity westpac banking corporation (westpac) has paid $20,400 in penalties after may 2014 and related to the investment returns on the westpac annuity deposit, asic was concerned that westpac potentially misled consumers by.
Our principles for doing business guides our lending and investment policies and governs our response to ethical issues, such as respecting human rights. We have applied the global reporting initiative (gri) framework since publishing our the un principles for responsible investment transparency report. Westpac was founded in 1817 as the bank of new south wales, and was the first we report on our progress in integrating sustainability considerations into.
Australian shares have generated strong investment returns over the long-term despite being exposed includes wesfarmers, telstra, westpac bank and orica in activities considered inconsistent with recognised responsible investment objectives news and insights fat cat funds report future affordability report .
Why rhc is a socially responsible investment will be able to meet our star growth stock criteria when it reports its fy16 results these include the westpac foundation which offers financial and non-financial grants to. What does socially responsible investing mean to you some things seem glaringly obvious, like avoiding investment in companies that make. The sustainability report said westpac was responding to the move towards a value chain risk in our lending, investments and supply chain. Fund managers are flocking to responsible investment, and the issues a new report has found climate, adult content and human rights.