United Nation’s Sustainable Development Goals and responsible investing

 

Cbus Super has become the first Australian super fund to support the development of a new Sustainable Development Investments framework (SDI framework), an ambitious approach to responsible investing aligned with the United Nation's Sustainable Development Goals (SDGs).

The 17 SDGs were adopted by more than 150 world leaders in 2015 and came into force in 2016, as a global action plan to end poverty, protect the planet and ensure prosperity for all. It’s an ambitious plan with each goal having specific targets to be achieved by 2030.

While governments signed up to the goals, achieving them requires shared responsibility from the business and finance sectors.  

Leading Netherlands based pension funds APG and PGGM, with a combined €650 billion ($956.2 billion) in assets under management, have developed the SDI framework. Cbus has been asked to contribute to the framework’s evolution. The SDI framework has identified 13 SDGs, out of the 17, where institutional investors can invest to make a difference.

At Cbus we know our ability to deliver the best long-term outcomes for members depends on a sustainable global financial system.  We have been actively considering how we can invest in a way that contributes to the SDGs – either through active ownership or the allocation of long term capital - and meet our financial risk and return requirements.

 

Specific SDGs where we believe Cbus can invest to make a difference are:

 

Achieve gender equality and empower all women and girls.

 

Ensure access to affordable, reliable, sustainable and modern energy for all.

 

Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all.

 

Build resilient infrastructure, promote inclusive and sustainable industrialisation and foster innovation.

 

Make cities and human settlements inclusive, safe, resilient and sustainable.

 

Take urgent action to combat climate change and its impacts.

 

Strengthen the means of implementation and revitalise the global partnership for sustainable development.

The SDGs represent a clear turning point in responsible investing and create an opportunity for superannuation funds, like Cbus, to do our part while ensuring we deliver great retirement outcomes for members.