Policies

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Policies, practices and reports exist across our business that address responsible investment issues.

 

Document  Description

Responsible investment policy statement  

    

This policy outlines the approach to responsible investment across all of the Colonial First State Global Asset Management funds globally. Last updated May 2010.

    

CFSAMAL guidelines and principles for corporate engagement on governance, environment and social issues

This document outlines the guidelines and principles for engagement on governance, environment and social issues as they apply to the funds for Colonial First State Asset Management (Australia) Limited (CFSAMAL).
CFSMPL and its corporate governance practices - Unlisted funds 

CFS Managed Property Limited (CFSMPL) is the Responsible Entity of a number of registered and unregistered managed investment schemes. CFSMPL is a wholly owned subsidiary of Commonwealth Bank of Australia.  

Climate change position statement   Climate change is potentially one of the environmental issues most likely to affect our investments over the long term and so is of high level of interest to our stakeholders. We have specifically outlined our approach to climate change in our climate change position statement. Last updated May 2010.

CMIL and its corporate governance practices - Listed funds (CFX)

 

CMIL and its corporate governance practices - Listed funds (CPA)

 

CMIL corporate governance report, June 2008 - Unlisted funds

Commonwealth Managed Investments Limited (CMIL) is the Responsible Entity of the listed funds, CFS Retail Property Trust (CFX) and the Commonwealth Property Office Fund (CPA). CMIL is a wholly owned subsidiary of Commonwealth Bank of Australia.

The corporate governance practices of CMIL are in place throughout the reporting period for its listed funds and are fully compliant with the Australian Securities Exchange (ASX) Corporate Governance Council’s Principles and Recommendations . CMIL has opted for early adoption of the Revised Corporate Governance Principles. The information available on the CFX and CPA websites is provided in accordance with the second edition of the Principles, released in August 2007.

From 30 June 2008, CMIL has also adopted corporate governance disclosures for its unlisted managed investment schemes equivalent to those applicable to Australian Securities Exchange (ASX) listed schemes. As a licensed entity responsible for managing investments, we are furthering our commitment to best practice corporate governance standards and increasing transparency for unitholders in our unlisted property and infrastructure funds. Where applicable, we will adhere to the same standards as those outlined in the ASX Corporate Governance Council’s Corporate Governance Principles and Recommendations released in August 2007 (2nd Edition). In doing so, CMIL believes it is setting a benchmark for the broader unlisted funds management industry.

Direct property sustainability policy   

This policy outlines Colonial First State Global Asset Management's approach to managing sustainabilty and responsible investment issues in direct property investment funds and mandates. Last updated 31 May 2010.

Direct infrastructure corporate engagement guidelines summary  This policy outlines our approach to ESG issues in our direct infrastructure investments. Last updated 31 May 2010.