At QIC we believe that environmental, social and corporate governance (ESG) factors can have a material impact on the long-term outcomes of investment portfolios and the assets that we invest in and therefore we consider ESG factors in all our investment decision-making processes.
As an investment manager, our aim is to deliver innovative yet pragmatic ways to integrate ESG considerations across the full range of asset classes we invest in, and, to keep pace with the expectations of our stakeholders.
The range of responsible investment activity happening across our teams reflects an ongoing commitment to embed ESG into the way we do things. QIC’s goal is to make better informed investment decisions that promote sustainable markets and societies, while delivering on our long-term investment obligations.
While there are many important ESG issues to consider, we have collectively identified the key issues facing QIC as an investor and as a corporation.
You can find out more about how we are managing these issues in our Sustainability Report.
Our approach to Responsible Investment practices is governed by our Responsible Investment Policy and Proxy Voting Standards.
We consider climate risk to be material and we are building our understanding and capacity to respond to this risk. Both the physical (increased severity of extreme weather events and changes in long term weather trends) and transition (changes in regulation, policy and technology) risks and opportunities associated with climate change have the potential to impact the investment portfolios and assets.
Understanding the potential risks and opportunities is key to delivering a disciplined approach to both our investment processes and asset management.
Climate research and policy is constantly evolving as will our approach. We will continue to engage with relevant stakeholders to ensure our approach is reflective of the latest thinking and is practically applied to our asset management processes. You can read more about our approach to climate risk, including our response to the Task Force on Climate-related Financial Disclosures recommendations in our Sustainability Report.