Now, that’s what we call being responsible!
Everyone deserves a bright weekend – smartMonday is committed to supporting the best possible future for all members. This means not just focusing on financial wellbeing, but also supporting a world that is sustainable and bright for generations to come.
In early 2020 smartMonday implemented a responsible investing (RI) focused global equities strategy for its MySuper product. This builds upon smartMonday’s long standing position to favour investment managers who embed RI features in their investment portfolios. The new strategy provides members in smartMonday’s MySuper investment option (renamed to smartMonday Lifecycle effective 30 June 2022), over 60% of our superannuation membership, with exposure to a low cost global equities investment strategy that can deliver on the fund’s financial risk and return objectives – while addressing the “triple bottom line”: profits, people and the planet.
Our RI approach includes a positive bias towards:
companies with lower carbon footprints relative to the company’s size,
aligning with community standards on industries such as nuclear and biological weapons, munitions manufacturing, and tobacco production.
investing with companies that comply with the United Nations Global Compact (UNGC), the OECD’s Principles of Corporate Governance and the OECD’s Guidelines for Multinational Enterprises.
Along with a large and growing number of global investors, smartMonday believes the companies that earn superior returns over the long-term are likely to embrace RI attributes, and we look forward to continuing the RI journey with smartMonday members.