Martin Currie is excited to be recognised for a second consecutive year as a “Responsible Investment Leader” in the Responsible Investment Association Australasia (RIAA)’s annual Responsible Investment Benchmark Report.
The RIAA Benchmark Report is the most comprehensive review of the responsible investment sector in Australia. The 2021 report, the 20th such report, reviewed the investment practices of 198 financial institutions. The report details the size, growth, depth and performance of the Australian responsible investment market from 1 January 2020 to 31 December 2020 and compares these results with the broader Australian financial market.
The 2021 report shows that just one quarter of investment managers are practising a leading approach to responsible investment. This highlights a continuing gap between investment managers that claim to be practising responsible investing, and those, like Martin Currie, that can demonstrate they are.
According to the RIAA, Responsible Investment Leaders demonstrate strong collaborative stewardship and consider ESG factors explicitly and systematically in the valuation of assets, construction of portfolios and allocation of capital. They are decidedly transparent, reporting publicly not just on their activities to improve environmental and social sustainability, but also the outcomes they achieve.
Reece Birtles, Chief Investment Officer for Martin Currie Australia, said
“This recognition by the RIAA for a second consecutive year, reflects how our corporate purpose, Investing to Improve Lives, drives us to be leaders in Stewardship and ESG.
By fully integrating this mindset into our investment process, and with engagement at the heart of each stage, we can use this leadership to influence positive change in the world around us, and deliver more sustainable outcomes for our clients.”