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.


Sustainable Plus 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, with embedded, measurable and reported sustainability objectives aligned with portfolio holdings and stewardship practices, adhering 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
Sustainable water
Included
Animal cruelty
Fully avoided
Armaments
Fully avoided
Fossil fuels
Fully avoided
Gambling
Fully avoided
Genetic engineering
Fully avoided
Human rights abuses
Fully avoided
Labour rights violations
Fully avoided
Illegal logging
Fully avoided
Nuclear power
Fully avoided
Pornography
Fully avoided
Tobacco
Fully avoided
Alcohol
Fully avoided
Environment
Sustainable water
Included
Animal cruelty
Fully avoided
Armaments
Fully avoided
Fossil fuels
Fully avoided
Gambling
Fully avoided
Genetic engineering
Fully avoided
Human rights abuses
Fully avoided
Labour rights violations
Fully avoided
Illegal logging
Fully avoided
Nuclear power
Fully avoided
Pornography
Fully avoided
Tobacco
Fully avoided
Alcohol
Fully 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 Murray Darling Basin Balanced Water Fund (the Fund) is the first investment vehicle in Australia to provide investors the opportunity to achieve multiple objectives of securing water for agriculture, realising a financial return and restoring threatened wetlands.
Description
Operating in the world’s largest water market, the Murray-Darling Basin Balanced Water Fund is the first water investment fund in Australia to address balanced environmental, agricultural, social and financial outcomes. The Fund’s water portfolio is managed by Kilter Rural, one of Australia’s largest water fund managers with more than $190 million of water assets under management.
In October 2015 The Nature Conservancy Australia and Kilter Rural launched the Murray-Darling Basin Balanced Water Fund to provide water security for Australian farming families while protecting culturally significant wetlands that support threatened species. The Fund invests in permanent water rights in the Southern Murray-Darling Basin and allocates those rights in a smart way. When water is scarce and agricultural demand is higher, more water is made available to agriculture. When water is abundant and agricultural demand is lower, more water is allocated to wetlands. It is a win-win, aligning the interests of people and nature.
We, the Responsible Investment Association Australasia, don't earn any commission from providers or products you switch to.
Themes & Issues
1
themes included
12
issues fully avoided
0
issues mostly avoided
0
issues partially avoided
Product Targets
Wholesale
Institutional
Certified Since
2020
Last date certified
March 5, 2025
Primary RI Strategy
2020
Secondary RI Strategy
Sustainability themed