Sustainability for Eureka involves a real commitment to responsible investment practices, a culture of transparency and good governance, supported by a robust compliance regime. It involves Eureka being an active and independent Fund Manager and supports Eureka's active management philosophy through its fund structures, fee alignment and management behaviour.
Sustainability is about creating and maintaining value for the long term. It is closely linked to the values of Eureka and its clients, which are predominantly Superannuation Funds, all of whom are naturally focused on the long term welfare of their members.
Eureka will only invest, on behalf of its clients, in circumstances where Eureka believes it can add value. Eureka employees will apply their experience in a hands on way to ensure that investors' interests and objectives are vigorously pursued in all circumstances.
Sustainability covers environmental challenges, social issues, governance and economic risks/opportunities. However, Eureka's commitment to responding to these challenges is tempered by its fiduciary responsibility to investors. Eureka strives to invest astutely, seek efficiencies, reduce waste to enhance and protect value. The elements of sustainability which are not mandatory will be measured on their ability to add value or future proof value to the investor.
Eureka is a signatary of the United Nations Principles of Responsible Investment (UNPRI) and, in doing so, joined with other institutional investors and managers globally in committing to the six principles for responsible investment namely:
To incorporate Environmental Social Governance (ESG) issues in investment analysis;
To incorporate ESG issues in ownership policies and practices;
To seek disclosure on ESG issues with parties with whom we invest;
To promote implementation of the ESG principles;
To collaborate widely to enhance the implementation of the principles; and
To report on our activities and our progress.
For further information on UNPRI visit www.unpri.org
Read our Sustainability Report (6.5Mb PDF download)
