Perennial has been recognised as a Responsible Investment Leader by the Responsible Investment Association Australasia (RIAA) for the fourth consecutive year in the Responsible Investment Benchmark Report Australia 2023 released today. This highlights our continued commitment to responsible investing across Perennial Better Future, Perennial Smaller Companies, Perennial Value and Perennial Solutions Group. Read more.
Global markets have moved rapidly to lift expected standards of practice in responsible investment in the last two years. RIAA noted that “This year, to reflect evolving expectations of responsible investment leadership domestically and internationally, the standard to be named a Responsible Investment Leader was raised.” Responsible Investment Leaders are now classified as the top 20% of fund managers, which constituted 54 Responsible Investment Leaders in 2022 out of 272 fund managers in the RIAA research universe. RIAA stated that “High standards of stewardship and reporting on outcomes set Responsible Investment Leaders apart from non-leaders”, and that “more investors are holding investee companies to account through corporate engagement and shareholder action”.
Emilie O’Neill, Co-Head of ESG and Equity Analyst said “RIAA is the leading body for responsible investment in Australia. I am pleased that they continue to recognise Perennial’s achievements in this space. We constantly strive to improve both corporate and investment sustainability performance to remain market leaders. This includes the Perennial Better Future strategy which is part of the next generation of authentic ESG investors. We seek to invest in companies that are positively shaping a better future while pursuing strong, consistent returns for our investors”. Read more about the Perennial Better Future strategy here: https://perennial.net.au/our-trusts/better-future/