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.
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.
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
Armaments
Mostly avoided
Tobacco
Mostly avoided
Animal cruelty
Partially avoided
Fossil fuels
Partially avoided
Gambling
Partially avoided
Genetic engineering
Partially avoided
Nuclear power
Partially avoided
Pornography
Partially avoided
Alcohol
Partially avoided
Environment
High scoring ESG companies
Included
Armaments
Mostly avoided
Tobacco
Mostly avoided
Animal cruelty
Partially avoided
Fossil fuels
Partially avoided
Gambling
Partially avoided
Genetic engineering
Partially avoided
Nuclear power
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
Objective:Aims to provide long-term capital growth and regular income through investment in quality shares of ethical and socially responsible companies. The fund aims to outperform the S&P/ASX 300 Accumulation Index (before fees and taxes) over rolling three-year periods.
Description
Perpetual utilises a strategy for screening ethical and socially responsible investments.
Stage 1: Values-based criteria The values-based criteria means not investing in companies or issuers that derive a material proportion(5% or more) of their revenue1 from:
·       the manufacture or sale of alcohol or tobacco2
·        the operation of gambling facilities or the manufacture or supply of gambling products
·         fossil fuels (exploration and extraction)
·        uranium and nuclear
·        animal cruelty (cosmetic testing)
·        genetic engineering
·        pornography
·        armaments (including weapons)
1 - Generally calculated using the total gross amount of income generated by the sale of goods or services from normal business operations.
2 - For involvement in the production of tobacco, manufacture of nicotine alternatives and tobacco-based products and the development, production and maintenance of controversial weapons, a 0% revenue threshold is applied.
Stage 2: ESG criteria Additionally, companies or issuers are scored (both positively and negatively) on a broad range of ESG factors such as the company’s or issuer’s environmental policy and strategy, how it considers ESG factors in its supply chain management and whether it has been involved in any corporate misconduct. Â
Companies or issuers can receive negative scores for poor management of ESG risks or issues, such as a poor approach to human rights, the environment, corporate governance or supply chains. They can also receive positive scores for strong management approaches to ESG risks and issues and/or making ESG commitments, such as the use of renewable energy and inclusive employee policies. Â
The criteria we use for scoring companies or issuers is not assessed uniformly with the weight of each criteria being based on the industry that the company or issuer is operating in. All company or issuer positive and negative scores are totalled and companies or issuers that receive a negative overall score fail this criteria are excluded from investment.
We, the Responsible Investment Association Australasia, don't earn any commission from providers or products you switch to.
Themes & Issues
1
themes included
0
issues fully avoided
2
issues mostly avoided
7
issues partially avoided
Product Targets
Retail
Certified Since
Last date certified
May 22, 2023
Primary RI Strategy
Negative Screening, ESG Integration
Secondary RI Strategy