Local Government Super

With over 85,000 members and more than $11 billion in funds under management, Local Government Super is the fund of choice for ethical and sustainable investments.

2020

Collaborating with companies you invest in and partner with to deliver emission reductions

Pathway to 2030 Science Based Target

Committed
In progress
Achieved

Through our company engagement program, Local Government Super requested Woolworths define the pathway to meet a Science Based Target commitment to reduce greenhouse gas emissions by 2030.

Investing in line with the goals of the Paris Agreement

Annual ESG reviews across all asset classes

Committed
In progress
Achieved

Local Government Super assesses and monitors ESG risk across our entire portfolio in all asset classes via annual reviews. We assess ESG integration and correlation with investment performance using proprietary methodology which has been developed in house. This method is utilised for onboarding, monitoring and maintenance as well as the removal of fund managers. The results are reported within our Investment Committee Papers. We review ESG integration processes and in this way, we can gauge the level of active engagement, incorporation of issues that pertain to specific sectors and how these will impact stock weightings. This is one part of a comprehensive process which looks at all aspects of Policy, Integration, Innovation, Active Ownership and ESG Quality. Qualitative ESG aspects are converted to quantitative scores and compared against investment performance data.

Carbon emissions and ESG risk reporting

Committed
In progress
Achieved

Local Government Super (LGS) reports weighted average carbon intensity (expressed in tons CO2e /$M revenue as recommended by TCFD) and carbon emission figures for both the Australian and international portfolios which are compared against benchmark figures. Historical emissions data and  percentage of portfolio invested in clean technology solutions are also reported. In the ESG Risk Report, LGS reports an overall ESG Quality score as well as scores for individual E, S and G pillars for both the Australian and international portfolios. The portfolio’s top performing ESG categories, ESG rating distributions and historical ESG scores are also reported.

Latest Signatories

Aware Super

With $125 billion in funds under management, over one million members and 1,400 employees, we’re one of Australia’s largest industry funds providing superannuation, advice and…

Lendlease Funds Management

Lendlease’s Funds Management (LLFM) business manages $US36 billion in assets under management (AUM) comprised of property assets held across unlisted funds and separate mandates in…

Pendal Group

Pendal Group is an independent, global active investment management with approximately $100 billion in assets under management.

Cbus

Cbus manages over $54 billion on behalf of 770,000 members.  Cbus is the leading super fund for building and construction in Australia.  Our members build…

Pollination

Pollination is a global climate change advisory and investment firm, accelerating the transition to a net zero, climate resilient future.

UniSuper

UniSuper is the super fund dedicated to people working in Australia’s higher education and research sector. With more than 450,000 members and $80 billion in…

New Forests

New Forests is a global sustainable forestry asset manager headquartered in Australia, with offices in New Zealand, Singapore and the United States. We are committed…

AustralianSuper

AustralianSuper manages $182 billion of members’ retirement savings on behalf of 2.3 million members from more than 330,000 businesses. One in 10 working Australians are…

Victorian Funds Management Corporation

Established under the Victorian Funds Management Corporation (VFMC) Act 1994, VFMC is a public agency that provides investment and fund management services to 29 Victorian…

Local Government Super

With over 85,000 members and more than $11 billion in funds under management, Local Government Super is the fund of choice for ethical and sustainable…

Impact Investment Group

Impact Investment Group is a leading Australian impact investment funds manager. We want to prove that finance can be a force for good. That finance…

HESTA

HESTA is the industry superannuation fund dedicated to Australia’s health and community services sector. More than half of those working in the sector nationally invest…

Australian Ethical

Australian Ethical invests $4 billion ethically for over 55,000 super members and investors. Guided by the principles of the Australian Ethical Charter, Australian Ethical invests,…

Aberdeen Standard Investments Australia

Aberdeen Standard Investments is dedicated to helping investors around the world reach their desired investment goals and broaden their financial horizons. We seek to provide…

IFM Investors

IFM Investors was established in 1994, for the purpose of protecting and growing the retirement savings of our investors’ beneficiaries, who are millions of pension…

Queensland Investment Corporation

The Queensland Investment Corporation (QIC) is an investment manager specialising in alternatives offering infrastructure, real estate, private capital, liquid strategies and multi-asset investments. Collectively, QIC…