Oz trustees urged to consider ESG factors

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AUSTRALIA - Environmental, social and governance (ESG) issues are critical to the long term financial success of superannuation assets and should be incorporated into the investment decision making process of trustees, superannuation and corporate law minister Nick Sherry has warned.

In an address to the Goldman Sachs JBWere Superannuation Forum in Melbourne yesterday, Sherry said trustees were hesitant to expressly incorporate ESG factors into investment strategies for which t...

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