Responsible Investing Approach
The Fund takes labour standards, environmental, social and ethical considerations into account, as variables in a multi-varied and holistic analysis of the merits of any particular investment, when selecting, retaining or realising investments to the extent that such considerations may have a financial effect on investments and does not invest in companies that do not meet its responsible investment criteria.
The Manager uses a negative and positive screening strategy, ESG integration and a comprehensive stewardship approach including company engagement and proxy voting. It applies a negative screen to its investment universe to exclude businesses that have material involvement in activities that detract from a sustainable future. The Manager then applies a positive screen, further limiting the investment universe to companies that make a meaningful positive contribution to one or more of its sustainable investment themes. These themes are relevant to the Australian equity market and are informed by the UN Sustainable Development Goals.
Documents
Exclusions
The Fund prohibits investment in companies generating revenue from specific activities including tobacco manufacturing, controversial weapons production, promotion, distribution, or sale, and the sale or distribution of 'X'-rated material. Additionally, it refrains from investing in companies with over 10% revenue from alcohol manufacturing, gambling, fossil fuel extraction (including thermal coal, metallurgical coal, oil, and gas), electricity generation from thermal coal, or uranium extraction.
Exclusions | Full/Partial Exclusion |
Description
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Full | The Fund does not invest in companies that derive any revenue from the manufacture of tobacco. |
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Partial | The Fund does not invest in companies that derive more than 10% of their revenue from the manufacture of alcohol. |
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Full | The Fund does not invest in companies that derive any revenue from the manufacture, promotion, distribution or sale of controversial weapons or armaments. |
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Partial | The Fund does not invest in companies that derive more than 10% of their revenue from the extraction of fossil fuels including thermal coal, metallurgical coal, oil and gas, or electricity generation from thermal coal. |
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Partial | The Fund does not invest in companies that derive more than 10% of their revenue from gambling. |
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Partial | The Fund does not invest in companies that derive more than 10% of their revenue from the extraction of uranium. |
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Full | The Fund does not invest in companies that derive any revenue from the production, sale or distribution of "X"-rated images, videos or films. |
Inclusions
The Maple-Brown Abbott Australian Sustainable Future Fund seeks to invest in companies that contribute to one or more of the sustainable investment themes that are informed by the UN Sustainable Development Goals (SDGs). The positive screen seeks out companies where Maple-Brown Abbott believes their activities, products or services promote a sustainable future. Any company the Fund invests in must contribute meaningfully to one or more of the following Themes: Health and wellbeing, by providing access to medical care and services or supporting an ageing and healthy population; Innovation and technology, by advancing social outcomes through education and developing technology and innovative products and services; Circular economy, by reducing waste and pollution through recycling, reuse, and regeneration of materials and sustainable use of natural resources; Low carbon future, by providing materials, infrastructure, and technology for clean energy and reduced greenhouse gas emissions; Better communities, by offering products and services that support a safe, prosperous, and connected society; Sustainable infrastructure, by designing, building, maintaining, and providing materials and goods for systems and structures that support socially and environmentally resilient urban development; Inclusive finance, by enabling access to appropriate and affordable financial products and services; and Food production and distribution, by facilitating the production and distribution of safe, healthy, high-quality food.
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UN Sustainable Development Goals
Conventions & Treaties
Maple-Brown has been a signatory of the United Nations-supported Principles for Responsible Investment (PRI) since 2008. It also is a signatory to the Taskforce on Climate-Related Financial Disclosures, Transition Pathway Initiative and Net Zero Asset Manager initiative, and member of RIAA and FAIRR. Investor collaborations that Maple-Brown participates in include Climate Action 100+ and Investors Against Slavery and Trafficking Asia Pacific.
Conventions & Treaties | Aligned |
Description
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Principles for Responsible Investment | Yes | Signatory since 2008 |
Task Force on Climate-related Financial Disclosures | Yes | Maple-Brown Abbott's assessment of climate change risks is aligned with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD). |
UN Sustainable Development Goals | Yes | Maple-Brown Abbott's positive screen seeks out companies where it believes their activities, products or services promote a sustainable future. The Fund Manager has identified eight sustainable investment themes that are relevant to the Australian equity market and are informed by the UN Sustainable Development Goals. |
Collaborative Initiatives | Yes | Signatory to the Transition Pathway Initiative and Net Zero Asset Manager initiative, and member of RIAA and FAIRR. Participates in Climate Action 100+ and Investors Against Slavery and Trafficking Asia Pacific investor collaborations. |
ESG Score
ESG Score |
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Does the portfolio have an ESG score? | Not disclosed | ||
If so, who is responsible for calculating the score? | Not disclosed | ||
If a score is calculated, is this publicly available; i.e. displayed in monthly reports, on your website, etc.? | Not disclosed | ||
If the portfolio has an ESG score, how often is that score recalculated to account for changes to portfolio holdings? | Not disclosed |
Impact Investing Score
Impact Investing Score |
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Does the portfolio have an Impact Investment score? | Not disclosed | ||
If a score is calculated, is this publicly available; i.e. displayed in monthly reports, on your website, etc.? | Not disclosed | ||
If the portfolio has an Impact Investment score, how often is that score recalculated to account for changes to portfolio holdings? | Not disclosed | ||
Does the fund publish its holdings publicly? | Yes |
Policies, Certification & Marketing
Policies, Certification & Marketing |
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Responsible investing policy | View Responsible investing policy document | |||
Proxy voting policy | View Proxy voting policy document | |||
Stewardship policy | View Stewardship policy document | |||
Modern slavery policy | View Modern slavery policy document | |||
Is the fund RIAA certified? | Yes | |||
Date certified | ||||
Holdings | View Holdings document | |||
Climate Policy | View Climate Policy document | |||
Climate Change Report 2023 | View Climate Change Report 2023 document | |||
Responsible Investment and Stewardship Report 2023 | View Responsible Investment and Stewardship Report 2023 document |
Maple-Brown Abbott Australian Sustainable Future Fund
Strategy Summary
The Maple-Brown Abbott Australian Sustainable Future Fund is invested in companies listed (or expected to be listed) on an ASX. They seek to invest in companies that they expect to positively contribute to a sustainable future.
The Fund provides exposure to a diversified portfolio constructed of their highest conviction opportunities, subject to the negative and positive screening criteria. They aim to invest across a broad universe of Australian companies and will typically hold 25-40 stocks.
Key Terms
Status: | Closed | Inception Date: | Oct 2009 |
Strategy: | Equity Long | Style: | Blend |
Geography: | Australia | Domicile: | Australia |
Investors: | Retail | Min. Investment: | AU$20000 |
Mgmt. Fee: | 0.9% | Perf. Fee: | 0% |