Industry Representation

As part of our commitment to stewardship practices, we are actively involved in a number of industry associations or initiatives relating to responsible investment. Pendal is a signatory to, member of, or participant in:

The Principles for Responsible Investment (PRI)
The United Nations-supported PRI is the world’s leading proponent of responsible investment. It works to understand the investment implications of environmental, social and governance (ESG) factors and to support its international network of investor signatories in incorporating these factors into their investment and ownership decisions.

Responsible Investment Association Australasia (RIAA)
RIAA, an industry body representing responsible and ethical investors across Australia and New Zealand, works to promote a more responsible approach to investment and encourage more people to actively choose a responsible and ethical option for their savings and investments.

Pendal is an active member of RIAA, in addition to being an active participant in RIAA’s human rights and corporate engagement working groups and is represented on the RIAA board via Regnan.

RIAA also has a long-standing Responsible Investment Certification Program to certify those responsible or ethical products, which meet its high standards. All of Pendal’s dedicated responsible investment funds offered in Australia have received certification.

Investor Group on Climate Change (IGCC)
IGCC is a collaboration of Australian and New Zealand investors focusing on the impact that climate change has on the financial value of investments. IGCC aims to encourage government policies and investment practices that address the risks and opportunities of climate change, for the ultimate benefit of superannuants and unit holders.

Pendal is a founding member of IGCC (as BT Financial Group).

Climate Action 100+
Climate Action 100+ works to ensure the world’s largest corporate greenhouse-gas emitters take necessary action to limit warming in line with the goals of the Paris Agreement, as well as provide greater disclosure of the climate risks they face.

Pendal is a proud signatory and investor participant.

Task Force on Climate-related Financial Disclosures (TCFD)

The G20-affiliated Financial Stability Board established the TCFD to develop recommendations for more effective climate-related disclosures to support more informed decision making for companies and investors alike, as well as enabling stakeholders to better understand the financial system’s exposure to climate-related risks.  The TCFD recommendations have become a key voluntary disclosure framework globally.

Pendal is a formal supporter of the TCFD.

Financial Services Council
The Financial Services Council (FSC) is a leading peak body which sets mandatory standards and develops policy for Australia’s financial services sector.

Pendal’s parent company Perpetual Group is a member of the FSC.