Leading university ventures into ESG

asset-allocation/

4 August 2014
| By Malavika |
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Specialist research firm CAER has inked a deal with the Australian National University (ANU) to provide it with environmental, social and governance ratings and reports on companies within their portfolios.

The university runs a professionally staffed investment office (IO), which manages its financial assets and runs the day-to-day management of its funds.

It also prepares strategies and other asset allocation and investment policy papers for consideration by the university's governing bodies.

CAER will supply the reports for the IO.

"ANU recognises the importance an explicit socially responsible investment policy plays in communicating the broader corporate culture of the university to stakeholders," ANU investment director Mark Waldron said.

CAER CEO Duncan Paterson hopes more institutions will follow suit.

"Universities tend to have relatively progressive stakeholder groups, so it is not surprising that issues around environmental, social and governance are increasingly on the radar of university investment teams," said Paterson.

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