Thee NZ Super Fund has received an A+ rating for responsible investment governance and strategy in a 2016 benchmarking report by the United Nations Principles for Responsible Investment.
The fund also received A or A+ ratings across all the specific asset class categories it reported on.
The UNPRI is the internationally accepted benchmark for how institutional investors should manage environmental, social and governance issues.
Matt Whineray, chief investment officer of the Guardians of New Zealand Superannuation, the manager of the fund, said the UNPRI report provided confirmation that the fund was being managed in line with global best practice.
He said responsible investment went hand-in-hand with strong financial returns. “There is strong empirical evidence to support responsible investment as a way to control risk and a source of investment opportunities. We believe it is material to long-term financial returns.”
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