“VicSuper is a $13 billion strong not-for-profit Australian superannuation fund. We have over 240,000 members and over 20,000 participating employers. The VicSuper Fund is not-for-profit, and because our profits are returned to our members not shareholders, we make decisions with our members’ best interests in mind.
VicSuper chose to become a signatory of the NCD as it aligns closely with our corporate responsibility and sustainability advocacy objectives. Over the longer term, we think that the NCD will also help us to deliver on our investment related environment, social and governance integration commitments.
We are interested to see how the NCD helps the investment industry drive the capture and reporting of natural capital data at the company and industry level. We believe that more comprehensive disclosure and analysis of natural capital risks, impacts and performance by companies will help our external investment managers to make more informed, balanced and longer term investment decisions.”