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.
The content on this webpage is provided by Responsible Investment Association Australasia Ltd (ACN 641 046 666, AFSL 554110). For more information refer to our Financial Services Guide. Certain content provided may constitute a summary or extract from the offer document of a financial product. Any general advice has been provided without reference to your investment objectives, financial situation or needs. If the advice relates to the acquisition of a particular financial product for which an offer document (such as a product disclosure document) is available, you should obtain the offer document relating to the particular financial product and consider it before making any decision whether to acquire the product. Past performance does not necessarily indicate a financial products’ future performance. To obtain information tailored to your situation, contact a financial adviser.
Themes & Issues
Society
More sustainable companies
Included
Animal cruelty
Fully avoided
Human rights abuses
Fully avoided
Labour rights violations
Fully avoided
Armaments
Mostly avoided
Fossil fuels
Mostly avoided
Nuclear power
Mostly avoided
Tobacco
Mostly avoided
Gambling
Partially avoided
Pornography
Partially avoided
Alcohol
Partially avoided
Environment
More sustainable companies
Included
Animal cruelty
Fully avoided
Human rights abuses
Fully avoided
Labour rights violations
Fully avoided
Armaments
Mostly avoided
Fossil fuels
Mostly avoided
Nuclear power
Mostly avoided
Tobacco
Mostly avoided
Gambling
Partially avoided
Pornography
Partially avoided
Alcohol
Partially avoided
For RIAA’s definitions of the themes included and issues avoided, please view this guide . Product-specific exclusion criteria and practices may vary. You can find these by referring directly to the product provider.
Overview
FAIR provides ‘true-to-label’ ethically screened exposure to Australian shares. FAIR aims to track the performance of an index (before fees and expenses) that includes Australian companies that have passed screens to exclude companies with direct or significant exposure to fossil fuels or engaged in activities deemed inconsistent with responsible investment considerations.
The Fund’s methodology also preferences companies classified as 'Sustainability Leaders' based on their involvement in sustainable business activities.
For more information, please refer to the Product Disclosure Statement.
Description
Benefits
Align your investments with your values
Invest in a way that is consistent with your ethical standards.
True-to-label
FAIR’s investment methodology consists of stringent screening criteria, offering investors a true-to-label ethical investment solution.
Diversified exposure
FAIR does not invest in any of the "Big 4 Banks" or large Australian mining companies. In one simple ASX trade, investors gain exposure to a diversified portfolio of ethical Australian companies
We, the Responsible Investment Association Australasia, don't earn any commission from providers or products you switch to.
Themes & Issues
1
themes included
3
issues fully avoided
4
issues mostly avoided
3
issues partially avoided
Product Targets
Wholesale
Retail
Institutional
Certified Since
2018
Last date certified
September 3, 2024
Primary RI Strategy
Negative Screening
Secondary RI Strategy
Positive Screening