Sustainability
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
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.
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.
Investing in renewables - Collgar Wind Farm
As a superannuation fund managing more than $93 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.
Responsible investment
Investing responsibly helps us manage risk, maximise investment opportunities and contribute to a sustainable future.
