Published by Money Management – 17th Oct 2018
JBWere has become a full member of the Responsible Investment Association Australasia (RIAA), the peak industry representing responsible, ethical and impact investors across Australia and New Zealand.
The firm’s chief investment officer, James Wright, said JBWere believed that integrating environmental, social and governance (ESG) factors into the investment research, analysis, selection and monitoring process would help drive better portfolio outcomes for clients over the long term.
“Responsible investments already account for more than half of all professionally managed assets in Australia, up from 16 per cent in 2014 and this will only continue to grow,” he said.
“ESG integration is about how effectively a company is being managed in the broadest sense – it is not a ‘values-based’ judgement on the nature of the activities the company undertakes. And it’s something more and more of our clients are interested in – they have a deep social conscience and want the right fit for their investments,”
RIAA encourages investment in sustainable assets and shaping responsible financial markets underpinned by strong returns.
It has over 220 members, which include superannuation funds, fund managers, consultants, researchers and community trusts that manager more than $9 trillion in assets.
