Responsible investment in listed equities

IFM understands that it has been entrusted with investors’ funds and that it has a fiduciary responsibility to make responsible, long-term investment decisions. For these reasons IFM is committed to incorporating responsible environment, social and governance (ESG) investment factors into investment decision making.

Supporting the UN Principles of Responsible Investment

IFM has been a signatory to the United Nations backed Principles of Responsible Investment (UNPRI) since 2008 and is a member of ESG Research Australia, the Investor Group on Climate Change (IGCC) as well as the Australian Council of Superannuation Investors (ACSI).

Learn more about IFM’s commitment to responsible investment »

IFM aims to promote ESG practices that meet or exceed current market best practice and actively engage with business on particular issues.

For actively managed funds and mandates, IFM uses ESG data from Regnan for consideration in investment decisions. The active portfolio aims to have an ESG score higher than the benchmark.

IFM’s Proxy Engagement Committee (PEC)

IFM has a strong record on voting and engagement with Clyde Haldane, Executive Director Listed Equities (Active) heading our Proxy and Engagement Committee (PEC). We actively vote all proxies and we advise clients of our voting intentions. IFM primarily votes in accordance with recommendations issued by ACSI, unless the PEC has a contrary view.

Voting Members Non-voting members
  • Clyde Haldane (Chair), Executive Director, Listed Equities (Active)
  • Aidan Puddy, Executive Director, Listed Equities (Indexed)
  • Neil Carter, Executive Director, Listed Equities (Small Caps)
  • Azhar Abidi, Director, Sustainability and Responsible Investment
  • Dr Mark Zirnsak, an independent consultant engaged to ensure that actively held investee companies are not culpable of serious environmental damage, gross breaches of human rights or other violations of fundamental ethical norms.
  • Davina Machin, Investment Director, Listed Equities
  • Gavin Petrie, Investment Analyst, Listed Equities

Direct engagement

IFM regularly engages directly with a range of companies where there is a systemic concern regarding a particular ESG issue, or with a particular company depending on the situation. Each year, IFM also identifies one or more ESG themes to use as a basis for engagement. These themes—such as executive remuneration or investment into manufacturers of cluster munitions—are aimed at improving the environmental, social and governance performance of companies as well as ensuring that they broadly comply with IFM's Corporate Governance & ESG Policy.

Contact us to learn more about IFM’s engagement on ESG issues »