LGS achieves standout scores in 2020 UNPRI Assessment Report

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Local Government Super (LGS) has released its latest United Nations Principles for Responsible Investment (UNPRI) assessment report with 11 categories across its portfolio scoring in the A+ performance band (the highest possible rating). The UNPRI report assists asset owners, who are signatories to the UNPRI principles, to compare their responsible investment performance across a range

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Local Government Super appoints Independent Chair and Independent Director

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Local Government Super (LGS or the Fund) has announced the appointment of its first independent Chair, Kyle Loades, and independent Director, Sandi Orleow to the Board. The Chair and Independent Director are two of three independent non-executive directors to join the Board. They supplement the experience of existing directors who have built a strong understanding of

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Local Government Super reaches new milestone of $12 billion in funds under management

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Local Government Super (LGS, the Fund) has announced that its total funds under management (FUM) has reached $12 billion. This milestone demonstrates Australia’s growing appetite for genuine long-term responsible investment and reflects LGS’ ongoing commitment to achieving long-term sustainable returns for our members. LGS’ acting Chief Executive Officer, Donna Heffernan, said: “We are extremely proud

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Local Government Super names two senior appointments to drive the Fund’s growth

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Local Government Super (LGS) has announced the appointment of Daniel Musson as Chief of People and Transformation, and Brett Dolling as Chief Experience Officer. Reporting directly to the Chief Executive Officer (CEO) David Smith, Mr. Musson and Mr. Dolling will play key roles in the implementation of LGS’ long-term growth strategy. LGS is one of

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Local Government Super adds to responsible investment credentials with highest GRESB score to date

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Local Government Super (LGS) has further cemented its position as a leader in responsible investment, receiving a 5-star rating and an overall score of 85/100 from the Global Real Estate Sustainability Benchmark (GRESB) assessment. LGS ranked above the peer average of 81/100 and the global average of 68/100.  GRESB is an industry backed organisation committed

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Local Government Super is the sole Australian signatory on the Green Bond Pledge

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Local Government Super (LGS) is a founding signatory to the Green Bond Pledge which launched last week. The Green Bond Pledge is an international declaration that all bonds financing long-term infrastructure and capital projects need to address environmental impacts and climate risk. It reflects the goals of the Paris agreement, and asks cities, county and state

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Local Government Super awards $440 million ESG investment mandate to PIMCO

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Local Government Super (LGS) has announced that it has awarded a new fixed-income ESG mandate to investment manager, PIMCO. Under the mandate, PIMCO will manage approximately AUD$440 million across global credit and government bonds. LGS Chief Investment Officer, Craig Turnbull, said: “We are pleased to continue our long standing relationship with PIMCO. PIMCO’s investment strategy

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Local Government Super strengthens responsible investment credentials

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Local Government Super (LGS) has bolstered its commitment to responsible investment practices by making three significant changes to the investment restriction criteria within its Sustainable Australian Shares investment option (SAS). The latest changes to the SAS investment restriction criteria include: A broadening of existing screens to exclude investment in companies which provide ‘significant services’ to

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Local Government Super becomes RIAA certified

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Local Government Super (LGS) has announced it has been certified as a responsible super fund by the Responsible Investment Association Australasia (RIAA), the peak industry body representing responsible and ethical investors across Australia and New Zealand. The RIAA Certification Program aims to increase the uptake of responsible investment by guiding consumers towards more responsible and ethical

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Super fund wins the Infinity Award for the fourth time

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Local Government Super leads on sustainable and responsible investment Local Government Super (LGS) yesterday announced it has won the SuperRatings Infinity award for the fourth time – taking out the prestigious award in recognition of its leadership in sustainable and responsible investment. LGS Chief Executive Officer, Peter Lambert, said: “Winning the SuperRatings Infinity Award is great

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