Sustainability
We're taking actions that will build a better, fairer and more sustainable future for members
Members are at the heart of Rest. We are focused on your financial future, and we support actions that will build a better, fairer and more sustainable future for you. Whether it’s investing in clean energy or advocating for a fair super system, Rest has a focus on sustainability. Read more about Rest’s progress in the Sustainability, Responsible Investment and Climate Change Supplement.
Some of Rest's Sustainability highlights are:
May 2013 - Sustainability policies in place
May 2018 - Rest’s first female CEO
July 2018 - Full ACSI member
February 2019 - Rest signs UN PRI
June 2019 - Collgar Wind Farm
December 2019 - Supporting Women In Super
January 2020 - Rest joins RIAA
February 2020 - 6 Star Green Star design rating
March 2020 - Achieves an 'A' in the PRI
May 2020 - Sustainability strategy
June 2020 - Investor Group on Climate Change
September 2020 - Modern slavery assessment
November 2020 - Net zero by 2050
March 2021 - 'Sustainable Growth' launched
September 2021 - RIAA Responsible Investor Leader
October 2021 - Sustainability, Climate Change and Responsible Investment Supplement
June 2022 - 'Sustainable Growth' is RIAA certified
^ The Responsible Investment Certification Program does not constitute financial product advice. Neither the Certification Symbol nor RIAA recommends to any person that any financial product is a suitable investment or that returns are guaranteed. Appropriate professional advice should be sought prior to making an investment decision. RIAA does not hold an Australian Financial Services Licence. Ratings/awards are only one factor to consider when deciding how to invest your super.
Sustainable Growth option
At Rest, we know responsible investing is important to many of our members. That’s why we offer an option that seeks to maximise returns over the long term by investing in a diversified portfolio with enhanced environmental, social and governance (ESG) investment characteristics, called Sustainable Growth.
Sustainability strategy
Sustainability at Rest includes how we invest responsibly, our corporate responsibilities as an organisation, and how we advocate for change on matters that are important to our members, and broader stakeholders. We focus on:
Sustainable Development Goals
Business and investment performance is unlikely to thrive in a world of poverty, inequality, unrest and environmental stress. So it’s in our interest to contribute to the United Nations Sustainable Development Goals (SDGs).
Endorsed by all 193 United Nations Member States in 2015, the SDGs focus global efforts in a universal call to action to end poverty, protect the planet and ensure that all people enjoy peace and prosperity by 2030. They provide a blueprint to achieve a better and more sustainable future for all*.
The SDGs help to bring our sustainability strategy to life. We have done the work to align our sustainability strategy to focus on five of the SDGs. They frame the Rest contribution to your sustainable future.
Reconciliation and Rest
As one of Australia’s largest profit-to-member super funds, Rest recognises we can play a role in achieving reconciliation and supporting a more equitable future for all our members.
Our Reconciliation Action Plan (RAP) formalises our commitment to addressing inequalities that exist for Aboriginal and Torres Strait Islander peoples. It outlines how we’re embedding the principles and purpose of reconciliation across our organisation to support our First Nations members, staff and communities.
Diversity and inclusion
Rest fosters a diverse and inclusive culture where people feel welcome and inspired to do their best, regardless of their differences.
We support diversity, recognising that people from different backgrounds bring different skills, knowledge and experiences. This diversity of views strengthens decision making in the best interests of Rest members.
Rest has a 33% minimum target for males and females on the board, was achieved in June 2022.
Read more in Rest's Workplace Gender Equality Agency (WGEA) Employer Statement.
Investing in renewables - Collgar Wind Farm
As a superannuation fund managing more than $89 billion in assets**, the most meaningful contribution to sustainability we can make is how we invest.
Responsible investment helps us manage risk, maximise investment opportunities and contribute to a more sustainable future for our members. This means that your retirement savings can be invested in resilient organisations that are helping to build a sustainable economy; creating financial returns for you, and social and environmental returns for many. The WA Collgar Wind Farm, which Rest fully acquired in 2019, is a great example. The Collgar Wind Farm is WA’s largest Wind Farm located 25km south-east of Merredin.
Climate Action - Roadmap to Net Zero
We understand that the impact of climate change concerns our members, and that it is a financial risk for long term investors. With 50% of our members under the age of 30** and with decades before retirement, it is important to think long term.
So, we have adopted an objective to achieve a net zero carbon footprint for the fund by 2050. This reinforces our approach to managing ESG factors like climate-related risk and aligns with long term investment performance.
Learn more about Rest’s roadmap to net zero emissions by 2050.
Responsible investment
Investing responsibly helps us manage risk, maximise investment opportunities and contribute to a sustainable future.