ELMRI Global Fund receives Sustainable Plus classification
As investors may remember, earlier this year our ELM Responsible Investments Global Fund received certification as a Responsible Investments Product from RIAA, the Responsible Investments Association Australasia. Certification signifies that an investment product or service has implemented an investment style and process that takes into account environmental, social, governance or ethical considerations, and that the fund is run according to the operational and disclosure practices required by the Responsible Investment Standard.
In May 2024, as a response to the maturing Responsible Investment market in Australasia, RIAA (the Responsible Investment Association Australasia) launched a Sustainability Classifications Initiative that builds on their long-running Responsible Investment Certification Program. The initiative introduces three classifications: Responsible, Sustainable, and Sustainable Plus, which will empower financial product providers to differentiate and educate the market about their investment products. We applaud RIAA for this initiative, which provides product differentiation, global interoperability, and enhances confidence and trust for consumers.
We are proud to announce that the ELM Responsible Investments Global Fund has received the classification of Sustainable Plus. Sustainable Plus is the highest classification in the new system, and is awarded to products that go beyond the standard requirements of RIAA certification by also:
Having sustainability objectives that are prominent and binding,
Measuring and tracking progress against these objectives,
Disclosing progress publicly and to our investors, and
Aligning our portfolio and stewardship activities to these sustainability objectives.
To learn more about RIAA’s sustainability classifications, please see their website.
We are proud to receive the Sustainable Plus classification, and we believe this is a powerful signal of our commitment and conviction to our responsible investment principles and processes. To learn more about the ELM Responsible Investments Global Fund, please visit our product page.
The ELM Responsible Investments Global Fund has been certified and classified by the Responsible Investment Association Australasia according to the operational and disclosure practices required under the Responsible Investment Certification Program. See www.responsiblereturns.com.au and RIAA's Financial Services Guide for details.
The Responsible Investment Certification Program provides general advice only and does not take into account any person’s objectives, financial situation, or needs. Neither the Certification Symbol nor RIAA recommends to any person that any financial product is a suitable investment or that returns are guaranteed. Because of this, you should consider your own objectives, financial situation and needs and also consider the terms of any product disclosure document before making an investment decision. Certifications are current for 24 months and subject to change at any time.