The rating is granted to super funds that Rainmaker considers are implementing environmental, social and governance (ESG) principles to a high level, while having a track record of strong investment performance. 

TelstraSuper CEO Chris Davies said that the achievement reflects TelstraSuper’s ongoing commitment to getting the best possible outcomes for members.
“Super is a long-term investment so it makes sense to think about the long-term prospects of where we are investing members’ money,” said Mr Davies. “Environmental, social and governance factors can impact how our investments may perform, so we consider them appropriately .”

The rating assessment considers whether funds have declared a strong commitment to ESG principles, are transparent about how they operate, how they vote in company resolutions, how they disclose their investments and selection process and report on ESG progress to their members. 

“Many of our members are interested in what we’re doing in this space so we aim to be as transparent as possible,” said Mr Davies. “We regularly communicate our activities via our Sustainable Investment Bulletin and openly share our proxy voting dashboard so they can see how we and show how the fund has voted at listed company meetings.”  

From the pool of almost 110 funds that were eligible for the assessment, only 13 were awarded ESG Leader Ratings for 2023. 

 “Our research shows this matters to members, and we’re proud to be one of the super funds being recognized by Rainmaker for our in this important area of investing,” said Mr Davies. 

Learn more about sustainable investing