Learn more about Media Super’s investment beliefs, proxy voting, and broader environmental, social, and governance management.
Media Super is a substantial investor in Australian and international companies and has an obligation to be an ‘active owner’ – in other words, to use our influence to help align the interests of the Fund and our members with the management of investee companies. As well as engaging with companies – through the Australian Council of Superannuation Investors (ACSI) – to improve environmental, social, and governance (ESG) practices, a vital element of active ownership is exercising our right to vote.
Being an active owner is part of our broader approach to managing ESG matters related to investment. Find out more about Media Super’s investment beliefs, proxy voting and broader ESG management.
ACSI provides advice to Media Super on proxy voting for Australian listed companies. We typically follow these recommendations and direct our investment managers to vote in line with these recommendations. Proxy voting summaries are published annually.
Proxy voting summaries for Media Super’s investment managers in the period from 1 July 2020 to 30 June 2021 are as follows:
In instances where Media Super invests directly in international equity markets, ACSI and CGI Glass Lewis provide advice on proxy voting under the same framework outlined above for Australian equities.
Media Super also invests in international equities via pooled investment trusts, which means that, while we maintain the economic benefit of such investments, we do not have the ability to directly vote and instead rely on our investment managers to vote appropriately on our behalf. Our role is to ensure that we select investment managers who will vote shares in a responsible manner, in line with our investment beliefs.
More information on selecting and overseeing investment managers is available in our ESG Investment Policy.
Proxy voting summaries for Media Super's investment managers in the period from 1 July 2020 to 30 June 2021 are as follows:
Direct Investment option
Members invested in the Direct Investment option who hold ASX300 shares may provide voting directions on any of their shareholdings, where the trustee has determined it is appropriate to provide this option at the member level.
For more information, please see the 'Corporate actions' section of the Direct Investment Guide.