UN Investment Principles Responsible Investment

An investor initiative in partnership with UNEP FI and the UN Global Compact

Tyndall’s intrinsic value Australian equities and the UN Principles for Responsible Investment

The United Nations Principles for Responsible Investment (PRI) provide a framework for investment professionals to include environmental, social and corporate governance (ESG) considerations into their investment philosophies, analysis and decision making and disclose such issues to investors.

The Principles were developed by a group of the world’s largest institutional investors and the United Nations and launched in 2006 by the UN Secretary-General.

The Principles
1. Incorporate ESG issues into investment analysis and decision-making processes.
2. Be active owners and incorporate ESG issues into ownership policies and practices.
3. Seek appropriate disclosure on ESG issues from the entities invested in.
4. Promote acceptance and implementation of the Principles within the investment industry.
5. Work together to enhance the effectiveness in implementing the Principles.
6. Report on activities and progress towards implementing the Principles.

Tyndall’s involvement
Tyndall Equities Australia Limited is a signatory to the UN Principles for Responsible Investment (PRI). This reinforces and affirms the Tyndall intrinsic value Australian equities approach to ESG issues.

Linking the Tyndall’s intrinsic value Australian equities approach to standards that have been developed by a highly respected third party highlights Tyndall’s commitment to investing in a manner that is environmentally and socially responsible, rather than simply developing our own code of conduct.

As a long-term investor, the Tyndall intrinsic value Australian equities team believes that ESG considerations can affect the fundamental performance of investment portfolios, particularly over the longer term, and that adopting the Principles will benefit Tyndall’s investors as well as the community.

Tyndall Equities Australia has always taken its role as a shareholder very seriously, and in the past the intrinsic value Australian equities team has raised concerns, voted at shareholder meetings, and worked directly with the companies in which it invests, to ensure that its concerns and opinions are heard and, hopefully, taken into account by the company so that the best outcome for them, and thus investors, is achieved. This could include assisting in the development of appropriate board structures, suitable and appropriate remuneration systems, or getting involved in decisions around strategy as it pertains to ESG.

The Tyndall intrinsic value Australian equities team believes it is good for companies that it invests in to know the standards that shareholders expect from them, which in itself gives further support to ESG considerations.

In addition, the Tyndall intrinsic value Australian equities team has appointed team members to be ‘advocates’ for issues such as climate change and corporate governance, whose role is to ensure that understanding and consideration of these issues are included in any investment decision.

Click here (www.unpri.org) to go to the website of the United Nations Principles of Responsible Investment.