AMP Capital is a leader in corporate responsibility. We integrate environmental, social and governance (ESG) issues into both our own operations and our decision-making practice. Throughout our long history, we have been closely intertwined with the community through our customers, planners, employees and shareholders, therefore we believe it is important to invest responsibly.
AMP Capital is committed to a number of responsible investment and environmental initiatives, including:
UN Principles for Responsible Investing (UNPRI)
– AMP Capital is a proud signatory to UNPRI, an internationally agreed framework to help institutional investors incorporate ESG issues into investment decision-making and ownership practices.
Energy Efficiency Opportunities Act (EEO)
– This is an Australian Federal Government business energy saving initiative that encourages large energy-consuming companies to use less energy by implementing energy saving initiatives. EEO participating companies will publicly report on the success of their energy savings initiatives on an annual basis.
National Greenhouse and Energy Reporting Act (NGERA)
– This is an Australian Federal Government initiative designed to collect data from large Australian corporate groups relating to their members’ greenhouse gas emissions, energy production and energy consumption.
AMP has established an environmental committee chaired by AMP Capital’s Managing Director and is comprised of key heads including Infrastructure, Property and AMP Workspace. This environmental committee has oversight of these environmental initiatives together with other waste, water and energy programs.
Using our experience and scale to influence companies in which we invest, or in which we may invest in the future, gives us opportunities to drive better performance in the management of corporate responsibilities. We believe this approach creates value for our clients and shareholders.
As one of the first Australian fund managers to offer funds with a sustainable focus, we are able to use our expertise in this area to encourage more proactive management of ESG issues.