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Published

October 16, 2024

Strong uplift in responsible investment leadership as investment managers respond to rising expectations

The Responsible Investment Association Australasia (RIAA) is thrilled to announce 61 Responsible Investment Leaders and 29 Responsible Investors for 2024 in Australia, and 17 Responsible Investment Leaders and 7 Responsible Investors for 2024 in Aotearoa New Zealand, reflecting the ongoing momentum in responsible investing. “It’s incredibly encouraging to see such strong progress, even after raising the standard last year,” said Estelle Parker, Co-CEO of RIAA. The past year has seen heightened regulator action and increased scrutiny of the sector. “The fact that more investment managers have met these higher expectations shows that organisations are embracing the challenge and lifting their game. There’s not only more of them doing it – they’re also getting better at it.” The recognition is based on RIAA’s Responsible Investment Scorecard, which was refined last year to meet growing expectations of responsible investment leadership and covers the 2023 calendar year.

ESG

Strong uplift in responsible investment leadership as investment managers respond to rising expectations

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Media Release

October 16, 2024

Strong uplift in responsible investment leadership as investment managers respond to rising expectations

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The Responsible Investment Association Australasia (RIAA) is thrilled to announce 61 Responsible Investment Leaders and 29 Responsible Investors for 2024 in Australia, and 17 Responsible Investment Leaders and 7 Responsible Investors for 2024 in Aotearoa New Zealand, reflecting the ongoing momentum in responsible investing.  

“It’s incredibly encouraging to see such strong progress, even after raising the standard last year,” said Estelle Parker, Co-CEO of RIAA. The past year has seen heightened regulator action and increased scrutiny of the sector. “The fact that more investment managers have met these higher expectations shows that organisations are embracing the challenge and lifting their game. There’s not only more of them doing it – they're also getting better at it.”

The recognition is based on RIAA’s Responsible Investment Scorecard, which was refined last year to meet growing expectations of responsible investment leadership and covers the 2023 calendar year.  

“We’re seeing a deeper commitment to responsible investment practices,” added Parker. “This isn’t about short-term adjustments; it’s about adopting a long-term, whole-of-business approach to building more sustainable and resilient markets.”

Responsible Investment Leaders represent the top 20 per cent of investment managers assessed on the scorecard, while Responsible Investors are those who score at least 15 out of 20. Both groups are recognised for their commitment to responsible investing, including the integration of environmental, social and governance (ESG) factors into decision-making, strong stewardship, and transparency in reporting societal and environmental outcomes.

"As a long-standing RIAA member, we're inspired by the growing number of investors and asset managers meeting increasingly rigorous responsible investment standards. This industry-wide uplift creates a powerful opportunity to deepen our collective impact, driving forward responsible investment practices that benefit both clients and society," said Caroline Ramscar, APAC ESG Investment Specialist, T. Rowe Price.

Both Responsible Investment Leaders and Responsible Investors will be featured in RIAA’s upcoming Australia and Aotearoa New Zealand Responsible Investment Benchmark Reports, which track the size of the responsible investment market based on the assets under management of investment managers.

For more information and to view the full list of Responsible Investment Leaders and Responsible Investors, please visit: https://responsibleinvestment.org/responsible-investment-leaders/  

Responsible Investment Benchmark Report Australia launch is on Tuesday 19 November, register: https://riaa.glueup.com/event/ri-benchmark-report-2024-australia-111440/?pk_campaign=widget-eventlist  

Responsible Investment Benchmark Report Aotearoa New Zealand launch is on Tuesday 3 December, register:  https://riaa.glueup.com/event/ri-benchmark-report-2024-aotearoa-nz111555/?pk_campaign=widget-event-list

For media enquiries, contact:    

Jyoti Minhas, Consultant, BlueChip Communication  

jyoti@bluechipcommunication.com.au  

+61 0412 542 788

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The Responsible Investment Association Australasia (RIAA) is thrilled to announce 61 Responsible Investment Leaders and 29 Responsible Investors for 2024 in Australia, and 17 Responsible Investment Leaders and 7 Responsible Investors for 2024 in Aotearoa New Zealand, reflecting the ongoing momentum in responsible investing.  

“It’s incredibly encouraging to see such strong progress, even after raising the standard last year,” said Estelle Parker, Co-CEO of RIAA. The past year has seen heightened regulator action and increased scrutiny of the sector. “The fact that more investment managers have met these higher expectations shows that organisations are embracing the challenge and lifting their game. There’s not only more of them doing it – they're also getting better at it.”

The recognition is based on RIAA’s Responsible Investment Scorecard, which was refined last year to meet growing expectations of responsible investment leadership and covers the 2023 calendar year.  

“We’re seeing a deeper commitment to responsible investment practices,” added Parker. “This isn’t about short-term adjustments; it’s about adopting a long-term, whole-of-business approach to building more sustainable and resilient markets.”

Responsible Investment Leaders represent the top 20 per cent of investment managers assessed on the scorecard, while Responsible Investors are those who score at least 15 out of 20. Both groups are recognised for their commitment to responsible investing, including the integration of environmental, social and governance (ESG) factors into decision-making, strong stewardship, and transparency in reporting societal and environmental outcomes.

"As a long-standing RIAA member, we're inspired by the growing number of investors and asset managers meeting increasingly rigorous responsible investment standards. This industry-wide uplift creates a powerful opportunity to deepen our collective impact, driving forward responsible investment practices that benefit both clients and society," said Caroline Ramscar, APAC ESG Investment Specialist, T. Rowe Price.

Both Responsible Investment Leaders and Responsible Investors will be featured in RIAA’s upcoming Australia and Aotearoa New Zealand Responsible Investment Benchmark Reports, which track the size of the responsible investment market based on the assets under management of investment managers.

For more information and to view the full list of Responsible Investment Leaders and Responsible Investors, please visit: https://responsibleinvestment.org/responsible-investment-leaders/  

Responsible Investment Benchmark Report Australia launch is on Tuesday 19 November, register: https://riaa.glueup.com/event/ri-benchmark-report-2024-australia-111440/?pk_campaign=widget-eventlist  

Responsible Investment Benchmark Report Aotearoa New Zealand launch is on Tuesday 3 December, register:  https://riaa.glueup.com/event/ri-benchmark-report-2024-aotearoa-nz111555/?pk_campaign=widget-event-list

For media enquiries, contact:    

Jyoti Minhas, Consultant, BlueChip Communication  

jyoti@bluechipcommunication.com.au  

+61 0412 542 788