NZ Super Fund Gets Perfect GSR Score

Published on:
by KnowESG
KnowESG_NZ Super Fund and GSR scoreboard
Image courtesy of Freepik

The New Zealand Super Fund has achieved a flawless score in the latest GSR (governance, sustainability, resilience) scoreboard released by GlobalSWF, the leading experts on international sovereign wealth funds.

Securing the top position on this year's list, the Super Fund shares the honour with prestigious counterparts such as Singapore's Temasek, Canada's Caisse de dépôt et placement du Québec, and Nigeria's sovereign wealth fund NSIA.

This remarkable achievement marks the second consecutive year that the Super Fund has dominated the GSR scoreboard.

Introduced in 2020, Global SWF's GSR scoreboard evaluates sovereign wealth funds and public pension funds based on 25 rigorous criteria, encompassing transparency, accountability, governance structure, ethical standards, policies, and alignment with sustainable development goals.

Adding to their accomplishments, the Super Fund was recently lauded as the best financial performer over the past decade among 50 prominent sovereign wealth funds by Global SWF. An impressive annualized return of 12.1 per cent between FY13 and FY22 firmly solidified its position as a frontrunner.

Anne Maree O'Connor, Head of Sustainable Investment at the NZ Super Fund, expressed her satisfaction with these dual successes, affirming the Guardians' commitment to embracing a sustainable finance approach in their investment strategies. The outcomes not only exemplify their dedication to achieving sustainable objectives but also demonstrate their ability to fulfill their financial purpose, ultimately delivering robust returns for all New Zealanders.

For more investor-related news

To view and compare company ESG Ratings and Sustainability Reports across sectors, follow our Company ESG Profiles page.

Source: NZ Super Fund

Share:
esg
esg
esg
esg

Investors Headlines

AIDA Cruises Wins ESG Shipping Award

AIDA Cruises Wins ESG Shipping Award

Bath & Body Works Publishes 2023 ESG Report

Bath & Body Works Publishes 2023 ESG Report

Li-Cycle Releases 2023 Sustainability Report

NGFS' Reports Guide Central Banks to Invest Sustainably

REC Group Earns EcoVadis Silver Medal for Sustainability

Climate-Focused Fintech Ekko Raises $2.5 Million

Cooper Standard Publishes 2023 ESG Report

Woodspin Gets Certified for Sustainable Sourcing

HH Global Gets EcoVadis Gold Sustainability Rating

SoCalGas Publishes 2023 Corporate Sustainability Report