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
Certification covers all retail mortgage products sold by the four divisions within Teachers Mutual Bank Limited (TMBL): Firefighters Mutual Bank, Health Professionals Bank, Teachers Mutual Bank, and UniBank. Certification commenced on December 1, 2018, which means that every mortgage product sold from that date adheres to these ESG exclusion criteria.
Description
The Bank’s ESG Exclusion Policies details how we invest our member's moneyresponsibly and ethically.
ESG exclusions and policies applyto 100% of lending and investment (excluding secondary trades , and 100% ofAssets and Liabilities, across the whole balance sheet, and 100% of all‘non-individual’ Company Pty applications.
ESG exclusions are embedded in ourlending and investment practices, in our Board approved Lending Risk, Treasury CreditRisk and Wholesale funding policies.
Certification covers all mortgage lending by the fourdivisions: Firefighters Mutual Bank, Health Professionals Bank, Teachers MutualBank, and UniBank.
Certificationcommenced on December 1, 2018, which means that every mortgage issuedfrom that date adheres to these ESG exclusion criteria.
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
Retail
Certified Since
2018
Last date certified
August 17, 2023
Primary RI Strategy
Negative Screening, Minimum Standards (norms-based) Screening
Secondary RI Strategy