Risk management & ESG
Assessing and managing investment risks is an important aspect of Maritime Super’s risk management framework, within the Maritime Super’s overall governance structures.
Maritime Super aims to be a responsible investor and to recognise environmental, social and governance (ESG) matters in our approach to managing your investments.
- Environmental factors include climate change, energy efficiency, water and waste treatment practices.
- Social factors include human capital, workplace health and safety, industrial, community and stakeholder relations.
- Governance factors are very wide ranging, including business ethics, transparency of company management and reporting, executive remuneration and board structure.
We believe that ESG matters may impact investment performance over the long term. Companies that soundly manage all risks are more likely to be financially sustainable over time and therefore deliver better long term returns.
We encourage our investment advisors and investment managers to consider ESG matters as part of their investment processes. The ESG policy and processes of an investment manager is one of the items considered as part of the Fund’s due diligence process when appointing an investment manager.
We acknowledge that the consideration of ESG issues in investment management is growing in importance worldwide. Maritime Super attempts to understand the broader implications both locally and internationally of ESG issues and networks widely to ensure proper consideration. We continue to monitor developments and engage in debate so that, in the best interests of all members, an appropriate balance of all considerations is maintained.