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
No specific themes
Included
Armaments
Fully avoided
Fossil fuels
Fully avoided
Gambling
Fully avoided
Illegal logging
Fully avoided
Nuclear power
Fully avoided
Pornography
Fully avoided
Tobacco
Fully avoided
Alcohol
Fully avoided
Environment
No specific themes
Included
Armaments
Fully avoided
Fossil fuels
Fully avoided
Gambling
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
Any wholesale investor in the Bank is guaranteed that their investmentis Certified as Responsible Investment. Under the $500 million Debt InvestmentProgramme (DIP), the Bank may issue debt securities that are issued in seriesand each series may comprise one or more tranches. These may vary in number,timing and tenor. By certifying the $500 million, each individual issuance ofnotes or tranches is certified.
Description
The Bank’s ESG Exclusion Policies details how we invest our member's money responsibly and ethically.
ESG exclusions and policies apply to 100% of lending and investment ( excluding secondary trades) , and 100% of Assets and Liabilities, across the whole balance sheet, and 100% of all ‘non-individual’ Company Pty applications.
ESG exclusions are embedded in our lending and investment practices, in our Board approved Lending Risk, Treasury Credit Risk and Wholesale funding policies.
Various lending and investment opportunities are disqualified from the Bank’s lending origination business for ESG (Environment Social and Governance) exclusion criteria. The bank does not provide finance (i.e directly lend to, invest in, buy equity or debt) to corporations that operate in these industries;
1. Alcohol (production and distribution)
2. Controversial weapons manufacturing and sales (cluster munitions, anti-personnel mines, nuclear, biological and chemical weapons, depleted uranium)
3. Animal cruelty (testing on animals, live exports)
4. Gambling ( products or services or operations and ownership)
5. Fossil fuels (coal, oil and gas - exploration for and extraction of reserves, exports, combustion for power generation, major suppliers to the oil, coal and gas industries)
6. Logging
7. Palm oil (non –RSPO production, distribution and significant ownership)
8. Pesticides
9. Nuclear power (including uranium mining, excluding medical uranium use)
10. Pornography (production or ownership or operation or distribution)
11. Tobacco (growing and production retailing and sales, packaging)
12. Industries that create environmental degradation, human rights abuses and labour rights violations.
We, the Responsible Investment Association Australasia, don't earn any commission from providers or products you switch to.
Themes & Issues
1
themes included
8
issues fully avoided
0
issues mostly avoided
0
issues partially avoided
Product Targets
Wholesale
Certified Since
2018
Last date certified
August 17, 2023
Primary RI Strategy
Negative Screening, Minimum Standards (norms-based) Screening
Secondary RI Strategy