Like UniSaver, the trustee of UniSaver’s British counterpart Universities Superannuation Scheme (USS) is bound by a fiduciary responsibility to maximise investment returns to members. However, its trustee is well convinced of the link between risk and return and environmental, social and governance factors. The trustee’s responsible investment strategy focuses on it being an active shareholder. With over £60 billion under management, one can imagine the fund’s sheer size gives it plenty of clout. It focuses on having a “seat at the table” where it can “act as an active and engaged owner who is working to improve standards and pushing companies for positive change, for sustained improvement”.
Read about USS’s approach to responsible investment