"I think a common experience for young people as they become more and more aware of how the world works is a questioning of norms and grey-area corporate acts: why have certain actions and inactions been allowed without repercussion? What about the people that affected? This questioning is often met with condescending affirmation of the status quo, implying the questioning is naïve in the first place. It is easy to see how this breeds a paradigm of not asking questions, adapting to a counter-productive workplace culture, glossing over issues and sometimes an attitude of cynicism. In attempting to fight this seemingly insistent bureaucracy and passivity, as a young person, it can be hard to know where to begin.
It was with these questions in my mind that on 25 August I had the pleasure of attending the 2020 Australian Dialogue on Business and Human Rights held by the UN Global Compact virtual conference. The recurring themes throughout the conference of being brave, challenging unconscious bias, and asking uncomfortable questions reiterated that young people should not be staying silent when these issues come up” .
The tragic human rights situation currently unfolding in Myanmar holds particular significance to our Sustainability Analyst Georgina. Please read Georgie’s poignant thoughts on her visit to the camp, our expectations on our portfolio companies in regard to Myanmar, and why Ethical Partners has recently signed on to the Investor Statement on Human Rights and Business Activities in Myanmar.
As members of the Investor Group on Climate Change, Ethical Partners Funds Management strongly endorses its new roadmap released today in conjunction with the CDP and the Principles for Responsible Investment. It is entitled: "Confusion to clarity: A plan for mandatory TCFD-aligned disclosure in Australia".
During May 2021 the Fund returned 1.56% versus the S&P/ASX 300 Accumulation Index of 2.31%, underperforming the market by -0.75%. An underweight position in IT and an overweight position in Westpac contributed to relative performance while an overweight position in Consumer Staples and an underweight position in CBA detracted from relative performance.