The Study is conducted every two years, to assess the responsible investment and ESG practices within Australia’s superannuation sector, encompassing 52 super funds and Australia’s sovereign wealth fund, the Future Fund. 

Being recognised as one of the Responsible Super Fund Leaders acknowledges our work on good governance, accountability, and transparency. This includes our efforts in implementing and evaluating responsible investment approaches, such as ESG integration, active ownership, fulfilling reporting commitments, and pragmatically addressing systemic ESG issues like climate change.

TelstraSuper CEO Chris Davies said the achievement recognised the Fund’s ongoing commitment to delivering the best outcomes for members by actively monitoring and considering the impact of environmental, social and governance factors on the Fund’s long term investment strategy. 

“We are proud to be recognised by such a leading membership body as RIAA who are working to grow the uptake and deepen the impact of the wide-ranging ESG issues that comprise responsible investment,” Mr Davies said. 

Key findings of the RIAA report included that:

• Responsible Super Fund leaders have a 60% lower weighted average carbon intensity compared to non-leaders when counting 1, 2 and 3 emissions.
• Performance of the MySuper products of Responsible Super Leaders is on a par or better than non-leaders.
• Climate change is the key ESG risk that super funds seek to manage, with 42% of super funds (including TelstraSuper) having portfolio targets aligned with the Paris Agreement (net zero by 2050). 

You can read the RIAA report here or learn more about TelstraSuper’s approach to ESG.