Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Material decrease in international travel due to Covid-19 restrictions, increased use of video conferencing.
• Encouraged staff to adopt environmentally sustainable practices, including recycling and reduced printing.
• Re-evaluation of office requirements to reduce space and energy consumption post-Covid-19.

Social Achievements

• High employee retention rates (approximately 2.8% turnover in FY2020).
• Robust succession planning.
• Extensive training program through Omni Bridgeway Academy.
• Various wellbeing initiatives across the network, including Benestar services in Australia.
• Focus on employee performance review processes, including 360° reviews for senior management.
• Support for various community focused projects via financial sponsorship or pro bono staff expertise.

Governance Achievements

• Updated corporate governance policies and procedures in accordance with the fourth edition of ASX Corporate Governance Council’s Principles and Recommendations.
• Establishment of Board committees (Audit and Risk, Remuneration, Nomination, and Corporate Governance).
• Implementation of policies promoting equal opportunities, diversity, and flexible work practices.
• Adoption of a Whistleblower Policy and an Anti-bribery and Corruption Policy.

Climate Goals & Targets

Environmental Challenges

• Relatively light environmental footprint limits the applicability of some ESG themes.
• Maintaining a close-knit culture while expanding globally.
• Balancing the need for international business travel with environmental concerns.

Mitigation Strategies

• Increased use of video conferencing to reduce travel.
• Focus on employee wellbeing and retention initiatives.
• Succession planning to ensure business continuity.
• Re-evaluation of office space to reduce environmental impact.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: FTSE Russell ESG themes, ASX Corporate Governance Council’s Principles and Recommendations

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Not disclosed

Environmental Achievements

• Not disclosed

Social Achievements

• Not disclosed

Governance Achievements

• Improved investor communications and disclosures in response to shareholder feedback from the 2021 AGM.

Climate Goals & Targets

Environmental Challenges

• COVID-induced slowdowns in settlements and trials.
• Global economic uncertainties, supply chain disruptions, and constraints on access to capital.

Mitigation Strategies

• Secondary market sales to improve liquidity and ameliorate duration risk.
• Innovative risk management strategies using insurance structures.
• Geographic and asset diversification to mitigate risk of increased competition or regulatory intervention.
• Restructuring of Investment Committees and operational functions to improve efficiencies and enhance scalability.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Climate Change
• Pollution and Resources
• Water Security
• Diversity and Inclusion
• Employee Engagement
• Parental Leave
• Health and Wellbeing
• Community
• Incorporation of ESG Factors in Investment Management
• Data Security
• Compliance Risk
• Transparent Information & Fair Advice to Clients
• Communication with Fund Investors
• Communication with Shareholders
• Whistle-blower Policy
• Anti-corruption Policy
• Modern Slavery
• Grievance Policy
• Risk Management Framework

Environmental Achievements

• Reduced carbon footprint through local presence strategy and carbon offsetting program (180 tonnes of CO2 emissions offset in FY23)
• Decommissioning servers in New York and Perth offices and migrating workloads to cloud services by the end of 2023
• Amsterdam office uses 100% green energy and ‘climate neutral’ gas.

Social Achievements

• 33% female representation on the Board and 50% female representation across all Board committees as of June 30, 2023
• 43% of new recruits in FY23 were women
• Annual Employee Engagement Survey conducted since 2021
• Paid parental leave program offered since 2008
• Access to Employee Assistance Programs (EAP)
• Introduction of a volunteer scheme allowing employees two days of paid leave for community volunteering
• Launched inaugural Summer Associate Program in the US in August 2022

Governance Achievements

• Adoption of the Sustainability Accounting Standards Board (SASB) Standard
• Regular mandatory training on information and data security
• Consistent investment to upscale cyber resilience
• Compliance Program designed to ensure adherence to global regulations
• Whistleblower Policy in place and reviewed annually
• Anti-corruption Policy with zero-tolerance for bribery and corruption
• Risk Management Framework in place, overseen by the Board and Audit and Risk Committee

Climate Goals & Targets

Environmental Challenges

• Limited ability to install energy-saving devices in leased office premises
• Lack of separate emissions data collection for offices
• Lack of comprehensive race and ethnicity data collection across all regions (except US)
• Changes in Australian class action regulations

Mitigation Strategies

• Proactive adoption of strategies to reduce energy consumption where possible
• Encouraging employees to use public transport
• Using low-flow fixtures to reduce water usage
• Utilizing external providers for recycling and e-waste disposal
• Implementing initiatives to improve diversity, equity, inclusion, and belonging
• Regular reporting to the Board on gender diversity
• Exploring opportunities to conduct more regular pulse surveys to understand employee sentiment
• Adapting to regulatory changes in Australia regarding class actions

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Recycling programs for paper, cardboard, and e-waste in select offices; returning used toner cartridges to supplier for recycling; using specialist provider for e-waste disposal.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: SASB

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Not disclosed

Environmental Achievements

• Not disclosed

Social Achievements

• Gender diversity figures exceeded 30% in female representation for Board committees and all other areas of operation for FY23. Female composition of the Board is currently 33% and the female composition of the non-executive directors remains at 50%.

Governance Achievements

• Established a Corporate Governance Committee to assist the Board in fulfilling its responsibilities in relation to ethical standards and corporate governance policies and practices, and compliance with regulatory requirements for corporate governance.

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: ASX Corporate Governance Council’s Principles and Recommendations (4th Edition)

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed