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Improving ESG Communications. Adam Kirk. General Manager – Business Development & Client Relations. September 2013. More Effective Communications. Consistent and comparable Integrated reporting with detail What and why Focus on core business. What do investors want to avoid?.
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Improving ESG Communications Adam Kirk General Manager – Business Development & Client Relations September 2013
More Effective Communications • Consistent and comparable • Integrated reporting with detail • What and why • Focus on core business
What do investors want to avoid? Coal Mining Native Forrest Logging Alcohol Armaments Child Labour Tobacco 55% of respondents believe their advisers should ask about their ethical considerations as part of their advisory process.
Tobacco • 0.12 – 1.28% of a $1.6 Trillion Australian Superannuation Industry • $6 Trillion by 2037 • $8,000,000,000 (based on 0.5%) • Why Divest? • No safe exposure • 41 Australians die every day (15,000 worldwide) • 6,000,000 per year worldwide • 50% of Smokers die early • losing an average of 18 years of life
Tobacco Divestment • Unisuper 2011 $ 20M • First State Super 2012 $250M • NSW State Super 2012 $280M • ACT Govt 2012 $ 20M • SA Govt 2013 $ 20M • HESTA 2013 $ 35M • Future Fund 2013 $222M • Sunsuper 2013 $ 54M • VicSuper 2013 $ 50M • GESB 2013 $ 52M • Alcohol, mining, gambling, munitions?? Over$1 Billion divested
Communication methods Statements • Good Money magazine Employee Information Sessions Social Media Events Seminars Advisers
Communication methods Facebook followers from June 11 to Sept 13
NEW RECORD FOR WIND FARMSWind energy's share of the National Electricity Market was at a record 7.6%, or enough to supply about 2.3 million homes, according to the Clean Energy Council, in the week beginning August 11. DID YOU KNOW?The solar energy falling on Australian each year, is 10,000 times our annual total energy use. FEDERAL GOVERNMENT STUDY: Switching Australia to 100% renewables within decades could end up costing the same as continuing to use fossil fuels. AGL SAYS 9GW OF BASELOAD FOSSIL FUELS NO LONGER NEEDED