#1 fund for weathering market ups and downs3
SuperRatings' Pension of the Year three years in a row4
QSuper’s Socially Responsible investment option is designed to make a clear, real connection between the responsible investment aims of our members and the impacts their investments have.
Our objective is to target what our members tell us they care about, seek investments that have a positive impact on the world and people, and provide information on the impact of our investments through an annual Socially Responsible investment option Outcomes Report. The first report can be found here.
In 2020-21, after 12 months of managing our redesigned Socially Responsible option, we have experienced an 82% increase in the number of members invested in the option and an increase of 174% in total funds under management in the option over the 12 months to 30 June 2021.
As at 30 June 2021, our Socially Responsible option was designated by SuperRatings1 as the fastest-growing option of its kind in Australia.
In a 2019 review, members told us they wanted to see tangible, real-world outcomes to environmental and social concerns, such as clean energy, green buildings, environmental conservation, waste reduction and recycling, along with food and water scarcity, medical and technological innovation, education, and health care.
As a result, we redesigned our Socially Responsible option, lowered its Standard Risk Measure (SRM) and fees, and brought management of the option in-house.2
In line with outcomes of the member review, we invested in a combination of asset classes and undertook to report how these investments had a positive impact. Aligning our investments with members' preferences is not only about what we buy and sell, it's about influencing how the companies we invest in do business, for the benefit of members.
We also continued to aim to deliver on the same financial investment objectives of strong returns with fewer ups and downs that apply to QSuper’s other diversified investment options.
Much of the data about the impact of our Socially Responsible investments is expressed using the United Nations’ Sustainable Development Goals (SDGs), which are 17 areas of action that member states committed to under the 2030 Agenda for Sustainable Development.
Our members’ social responsibility preferences are closely aligned to many of the 17 United Nations’ SDGs.
Our investments that contribute positively to the SDGs has a combined total of more than $366 million, or 38% of our Socially Responsible option.
The SDG-alignment and value of the assets in our Socially Responsible (SR) option, at 30 June 2021, includes:
Good health and well-being
Clean water and sanitation
Affordable and clean energy
Industry, innovation, and infrastructure
Sustainable cities and communities
Life on land
We invest in asset classes from listed and unlisted equities to fixed interest, real estate, and infrastructure.
One of the stand-out achievements in the option during the past year was entering into a custom-designed impact mandate with Swiss fund manager Partners Group, one of the world’s leading investment managers, called the Gondwana mandate.
The investment gives members exposure to private asset classes, such as private equity, infrastructure and private debt that are often hard for individual investors to access.
Through Gondwana, we have invested in Axia Women’s Health, a US-based provider of integrated women’s health and medical services that focuses on improving wellness and maternity outcomes.
We also invested in Dimension Renewable Energy, a community solar and grid storage developer that acquires and leases land for solar farms. Dimension has over 600 megawatts under development, 100 projects in its pipeline across the US, and works with communities to address the social and environmental aspects of its projects.
Read the QSuper Socially Responsible Option Outcomes Report
1. SuperRatings Sustainable Balanced fund tables, as at 31 May 2021 issued by SuperRatings Pty Ltd ABN 95 100 192 283 AFSL 311880 (SuperRatings). Ratings are general advice only and have been prepared without taking account of your objectives, financial situation or needs. Consider your personal circumstances, read the product disclosure statement and seek independent financial advice before investing. The rating is not a recommendation to purchase, sell or hold any product. Past performance information is not indicative of future performance. Ratings are subject to change without notice and SuperRatings assumes no obligation to update. SuperRatings uses objective criteria and receives a fee for publishing awards. Visit superratings.com.au for ratings information. © 2021 SuperRatings. All rights reserved.
2. The Standard Risk Measure (SRM) is based on industry guidance to allow you to compare investment options that are expected to deliver a similar number of negative annual returns over any 20-year period. The SRM is not a complete assessment of all forms of investment risk. For more information, refer to the Investment Choice Guide.
QSuper is committed to using its strength as an investor to directly influence the reduction of carbon emissions that contribute to climate change.
Actions to measure and manage climate change risk
Our Investments team explain how they managed members’ money during the past financial year
A super fund’s long-term performance is important to a member’s retirement