Environmental, social and governance

Media Super believes that a sustainable approach to investing is vital to the long-term stewardship of the planet and will have a positive impact on the value of our investments. We are committed to incorporating consideration of environmental, social and governance (“ESG”) issues into our investment decision making, and to ensuring that our own business is a responsible user of finite resources. 

Initiatives undertaken within the fund include:

  • Use of FSC certified recycled paper stocks where possible in externally printed materials
  • Engagement of ISO certified printers
  • Use of FSC certified recycled paper stocks where possible as standard office copy paper for internally printed materials
  • Initiatives to reduce paper use by encouraging the use of digital alternatives
  • Inter-office video conferencing to reduce reliance on air travel

Principles for responsible investment

Media Super is a signatory to the United Nations-backed Principles for Responsible Investment (PRI). The PRI is a global initiative that provides a framework for the integration of ESG into mainstream investment management.

Media Super’s PRI commitment provides a comprehensive structure for the Fund in its overall efforts to support sustainability in investing and deepen its capability for identifying and incorporating environmental, social and governance factors that can materially impact the risk and return profile of our overall investment portfolios.

Australian council of superannuation investors

Media Super is a foundation member of the Australian Council of Superannuation Investors (ACSI).

ACSI provides independent research and advice to assist its member superannuation funds to manage environmental, social and corporate governance (ESG) investment risk.

Gerard Noonan, Media Super’s Chair, is the current President of ACSI.

Sustainable investments

Many of Media Super’s investment managers consider ESG issues in their asset portfolios and some are signatories to the PRI.

Media Super formalised its ESG approach in investment management agreements with managers and the reports that they provide on their ESG activities in 2010.

During that year, four of Media Super’s five external managers of Australian shares transferred the Fund’s assets from pools into separately-managed accounts. As a result, the Fund has a better understanding of its managers’ practices in the area of ESG and has the power to vote on company issues as it sees fit.

Many of Media Super’s long-term asset portfolios also include ESG-focussed investments in sectors including renewable energy and social infrastructure.