How we evaluate products
Responsible Investment strategies, processes, practices and disclosures are assessed against the eight criteria for product certification in the Responsible Investment Standard and accompanying Guidance and Assessment Notes.
What are the requirements?
In order to certify products as certified responsible investments, RIAA assesses them against its RI Certification Standard. The Certification Standard is underpinned by eight requirements that act as the guiding principles of the RI Certification Program. Since its inception the RI Certification Standard has evolved significantly, reflecting the dynamic evolution of responsible investment. These eight requirements are:
- RI strategies are formal, disclosed, consistent, auditable and fit for purpose
- Labels are clear, honest and not misleading
- Product avoids significant harm
- Discloses full holdings, performance, sustainability outcomes and engagement and voting practices
- Managed by active stewards, and managers can detail the stewardship practices and outcomes
- Organisation has formal commitment to responsible investment
- Organisation provides educational information to members and customers about RI strategies
What this symbol means


General certification: This Symbol signifies that a product or service offers an investment style that takes into account environmental, social, governance or ethical considerations, and that it adheres to the operational and disclosure practices required under the Responsible Investment Certification Program for the category of Product.


Responsible classification: This Symbol signifies that a product or service has been certified and classified to offer an investment style that takes into account environmental, social, governance or ethical considerations, and that it adheres to the operational and disclosure practices required under the Responsible Investment Certification Program for the category of Product.
Themes & Issues
Society
No specific themes
Included
Armaments
Fully avoided
Human rights abuses
Fully avoided
Labour rights violations
Fully avoided
Tobacco
Fully avoided
Fossil fuels
Mostly avoided
Environment
No specific themes
Included
Armaments
Fully avoided
Human rights abuses
Fully avoided
Labour rights violations
Fully avoided
Tobacco
Fully avoided
Fossil fuels
Mostly avoided
Overview
Responsible investment means incorporating environmental,social and governance (ESG) considerations into investment decisions, to bettermanage risk and generate sustainable, long-term returns.
Our responsible investment approach encompasses the followingareas:
· Transparency
· Integration
· Exclusions
· Engaging and voting
Responsible investment as a practice continues to evolve, andwe are committed to the ongoing development and improvement of our responsibleinvestment approach.
Description
ASB KiwiSaver Scheme is a managed investment scheme. Customer’s money will be pooled with other investors’ money and invested in various income and growth assets. The Growth Fund’s investment objective is to provide high total returns allowing for large movements of value up and down. The number of years with negative returns is expected to be higher than the Balanced Fund but lower than the Aggressive Fund. The fund invests in income and growth assets with a target investment mix of 20% Income and 80% Growth assets.
We, the Responsible Investment Association Australasia, don't earn any commission from providers or products you switch to.
Themes & Issues
1
themes included
4
issues fully avoided
1
issues mostly avoided
0
issues partially avoided
Product Targets
Retail
Certified Since
Last date certified
June 12, 2024
Primary RI Strategy
Engagement and Voting
Secondary RI Strategy
Negative Screening