Sunsuper has flagged an increasing focus on environmental, social and governance (ESG) issues with the appointment of Stuart Wilson to the newly created role of ESG manager.
Wilson has extensive ESG experience in the financial services industry, most recently holding the role of chief executive at the Australian Shareholders’ Association.
At Sunsuper, his role will involve reporting on the fund’s governance activities to internal stakeholders and working with portfolio managers to review the ESG capabilities of current and prospective fund managers.
He will also work closely with management to direct shareholder voting in the best interests of members.
Sunsuper chief investment officer David Hartley said the fund recruited Wilson to ensure the fund followed best practice ESG principles.
“Mr Wilson’s extensive background in ESG risk analysis, capital markets and relationship management will ensure we are well positioned to consider ESG principles across our investment portfolios,” he said.
“Given our growing asset base, we would also like to more actively liaise with the companies in which we invest on the management of ESG issues.”
Sunsuper has more than one million members and over $17 billion in funds under administration.
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