Responsible Investment Leaders
Responsible Investment Leaders are investment/asset managers that demonstrate a commitment to responsible investing; the explicit consideration of environmental, social and governance (ESG) factors in investment decision making; strong and collaborative stewardship; and transparency in reporting activity, including the societal and environmental outcomes being achieved.
In 2023, RIAA is introducing a two-tiered approach to the assessment of responsible investors in Australia and New Zealand. In 2023 only those investment managers that scored in the top approximately 20% of all investment managers assessed on RIAA’s Responsible Investment Scorecard are designated as ‘Responsible Investment Leaders.’
Who are Responsible Investors?
Responsible Investors are investment/asset managers who, similarly to Responsible Investment Leaders, also demonstrate a commitment to responsible investing; the explicit consideration of environmental, social and governance (ESG) factors in investment decision making; strong and collaborative stewardship; and transparency in reporting activity, including the societal and environmental outcomes being achieved. Investment managers who achieved a score of at least 15 out of 20 on the scorecard but are not within the top 20% of all investment managers that are assessed are designated as ‘Responsible Investors’.
Previously, all investment managers who scored above 15 were identified as Responsible Investment Leaders.
If you have any questions, please visit our Frequently Asked Questions (FAQ) page.
RIAA’s Responsible Investment Scorecard
Investment managers are assessed using the Responsible Investment Scorecard and is featured in RIAA’s annual Australia and Aotearoa New Zealand Responsible Investment Benchmark Reports. The assets the Responsible Investment Leaders and Responsible Investors manage are used to size the responsible investment market each year.
RIAA’s Responsible Investment Scorecard consists of 22 questions, covering four key areas, or pillars:
Pillar 1:
Coverage of and
commitment to responsible
investing and transparency
Pillar 2:
Enhancing risk management through
explicit and systematic consideration of ESG
factors and other screens, including reporting of these
Pillar 3:
Being strong stewards for
more sustainable and resilient
assets and markets
Pillar 4:
Allocating capital to benefit stakeholders
and contribute to solutions as well as
measurement and reporting of outcomes
Being a Responsible Investment Leader or Responsible Investor recognises an investment manager’s whole-of-organisation attributes.
In contrast, RIAA’s Responsible Investment Certification Symbol is used to differentiate quality, true to label responsible investment products which meet the Australian and New Zealand standard for responsible investing.
WHO ARE THE 2023 RESPONSIBLE INVESTMENT LEADERS?
In 2023, the following RIAA members were assessed as Responsible Investment Leaders across Australia and New Zealand:
| RI Leaders | RI Leaders | RI Leaders |
|---|---|---|
| abrdn | Ethical Partners Funds Management | Nuveen |
| Acadian Asset Management | Fidelity International (FIL Investment Management Australia) | Pathfinder Asset Management |
| Adamantem Capital | First Sentier Investors | Pella Funds Management |
| Affirmative Investment Management | Emit Capital Asset Management | Pendal |
| Altius Asset Management | Franklin Templeton Australia Ltd | Perennial Partners Ltd |
| AMP Wealth Management | Harbour Asset Management | PIMCO Australia Pty Ltd |
| ANZ New Zealand Investments Limited | IFM Investors | Purpose Capital |
| Australian Ethical Investment Ltd | Impax Asset Management | Queensland Investment Corporation |
| Aviva Investors Pacific Pty Ltd | Janus Henderson | Resolution Capital |
| AXA Investment Managers Australia Ltd | Kilter Rural Pty Ltd | Russell Investments Management Ltd. |
| Baillie Gifford | Kiwi Wealth | Schroders Investment Management Australia Ltd |
| Bell Asset Management Ltd | Macquarie Asset Management | Stewart Investors |
| Betashares | Maple-Brown Abbott | TAHITO Limited |
| BNP Paribas Asset Management Australia Ltd | Melior Investment Management | T. Rowe Price |
| BT Funds Management (NZ) Ltd | Mercer New Zealand | Teachers Mutual Bank Ltd |
| Conscious Investment Management Pty Ltd | MFS Investment Management | Triple Eight Capital (T8 Capital) |
| Devon Funds Management | Milford Asset Management | Trust Waikato |
| Dimensional Fund Advisors | Nanuk Asset Management | TT International Asset Management Ltd |
| DNR Capital | New Forests | U Ethical |
| ECP Asset Management | Northern Trust Asset Management |
WHO ARE THE 2023 RESPONSIBLE INVESTORS?
In 2023, the following RIAA members were assessed as Responsible Investors across Australia and New Zealand:
| Responsible Investors | Responsible Investors | Responsible Investors |
|---|---|---|
| Alphinity Investment Management | Ethical Investment Funds Management Pty Ltd | Pengana Capital |
| American Century Investments | Loftus Peak Pty Ltd | Perpetual Asset Management |
| Australian Unity Ltd | Magellan Asset Management LtdLoftus Peak Pty Ltd | Platypus Asset Management |
| Ausbil Investment Management | Northcape Capital | Vanguard Investments Australia Ltd |
| Clean Energy Finance Corporation | Paradice Investment Management | Vontobel Asset Management Australia |
| ClearBridge Investments | Morphic Asset Management | Uniting Financial Services (Treasury and Investment Services) |