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 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
High scoring ESG companies
Included
Animal cruelty
Fully avoided
Armaments
Fully avoided
Gambling
Fully avoided
Human rights abuses
Fully avoided
Pornography
Fully avoided
Tobacco
Mostly avoided
Alcohol
Mostly avoided
Environment
High scoring ESG companies
Included
Animal cruelty
Fully avoided
Armaments
Fully avoided
Gambling
Fully avoided
Human rights abuses
Fully avoided
Pornography
Fully avoided
Tobacco
Mostly avoided
Alcohol
Mostly 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
The Fund is managed against companies in the S&P NZX Portfolio Index, with exclusions to companies that are exposed to large carbon emitters, alcohol, gambling, munitions, adult entertainment, nuclear armaments, firearms, tobacco and recreational cannabis, child labour and companies with human and animal right violations. There will also be positive and negative tilts to the remaining companies based on Harbour’s proprietary Corporate Behaviour Score.
Description
The Fund’s objective is to provide investors exposure to constituents of the S&P/NZX Portfolio Index with exclusions to companies that do not meeting Harbours’ criteria of Responsible investing.
The Fund is managed against companies in the S&P NZX Portfolio Index, with exclusions to companies that are exposed to large carbon emitters, alcohol, gambling, munitions, adult entertainment, nuclear armaments, firearms, tobacco and recreational cannabis, child labour and companies with human and animal right violations. There will also be positive and negative tilts to the remaining companies based on Harbour’s proprietary Corporate Behaviour Score.
Summary of Harbours’ exclusion criteria for this fund.
• 0% revenue exposure threshold on production/involvement in: Alcohol, Gambling, Tobacco, Adult entertainment, Munitions, nuclear armaments and firearms, Animal testing – non-pharmaceutical, Animal welfare – factory farming, Recreational cannabis.
• 10% revenue exposure threshold on distribution/sales of: Alcohol, Tobacco, Adult entertainment
• Carbon emitter threshold: 2.5m tonnes CO2e in total scope 1, 2 and 3 emissions per annum
• Human rights and Child labour: UN Global Compact Compliance (Pass/Fail)
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Themes & Issues
1
themes included
5
issues fully avoided
2
issues mostly avoided
0
issues partially avoided
Product Targets
Retail
Certified Since
2021
Last date certified
November 10, 2023
Primary RI Strategy
Negative Screening, ESG Integration
Secondary RI Strategy