QIC believes that environmental, social and corporate governance (ESG) factors can have a material impact on the long-term returns of investment portfolios. Considering ESG factors is part of our investment decision-making process and we are committed to delivering strong, long-term investment performance to our clients.
QIC became a signatory to the United Nations-backed 'Principles for Responsible Investment' initiative in 2008. The six Principles for Responsible Investment provide guidance on how we can integrate the consideration of ESG factors into our investment decision-making and ownership practices.
The six Principles are:
QIC is committed to applying these Principles in our investment process.
As a signatory to UN PRI, QIC participates in the annual PRI Reporting and Assessment process in the interest of ongoing learning and development in Responsible Investment. In 2017, QIC received an A+ rating for Strategy & Governance plus A+ or A ratings for all other modules as shown below.
You can access the full 2017 Assessment Report here.
Our approach to Responsible Investment practices is governed by our Responsible Investment Policy and Proxy Voting Standards.
QIC is a diversified alternatives business specializing in global infrastructure, global real estate, global private capital, global multi-asset and global liquid strategies. Each of our investment capabilities also have their own way in how they approach, integrate, manage and report on ESG practices. These are profiled below and have been developed with reference to the particular investment processes of each team:
QIC is committed to responsible investment practices. This involves ensuring there is no modern slavery or human trafficking in any part of our direct business operations. We are committed to acting ethically, responsibly and with integrity in all our business relationships and take a risk-based approach to our service providers’ compliance with the Modern Slavery Act 2015.
This statement is made pursuant to section 54(1) of the Modern Slavery Act 2015 and constitutes our group's slavery and human trafficking statement for the current financial year.
Memberships and affiliations QIC participates in:
QIC's approach to ESG integration also involves engaging with companies to understand, assess and influence the ESG risks and opportunities impacting that particular company. To get more insight into our Engagement Programme, please click here.
Over the past 12 months we have embarked on a major review of our ESG strategy and framework across all elements of the business. The reports below demonstrate the importance we place on responsible investment and how we integrate these practices within our investments.
We aim to understand the environmental impacts of our business operations more fully and maximise the effectiveness of our environmental performance.
Corporately, we are committed to developing plans and processes to reduce the impact of our environmental footprint and to offset environmental impacts we can't avoid. We are committed to meeting our environmental regulatory and reporting obligations, both in federal and state jurisdictions. We educate and motivate our employees to be environmentally responsible in their actions and we work with our stakeholders and service providers to find practical and innovative ways to deliver our joint business and environmental objectives.
Environmental management is everyone’s responsibility – including our employees, our management, our Board and shareholders, and our clients. QIC’s culture encourages environmental awareness and the adoption of emerging best practice consistent with our fiduciary and commercial obligations.