Local Government Super has again claimed primacy in the sustainability sector, after being awarded the SuperRatings Infinity Award for a second year in row.
The Infinity Award is intended to recognise superannuation funds deemed to be leading the industry in sustainable behaviour by practicing responsible investment principles and communicating these to their members.
Commenting on the award, Local Government Super chief executive Peter Lambert said he was pleased the fund’s approach was continuing to be recognised.
"Our commitment of over $3 billion invested in responsible investment strategies across Australian shares, international shares, property and the absolute return and private equity asset classes is by far the largest commitment of any Australian super fund," he said.
Lambert said the fund had also undertaken extensive environmental retrofitting of its direct property portfolio.
