Our ethical investment policy
ACC invests to ensure Kiwis pay less for accident cover, and to ensure we can meet the future cost of injuries that have already happened.
Global benchmarking
ACC is a signatory to the United Nations-supported Principles for Responsible Investment (PRI). The PRI is the internationally accepted benchmark for how institutional investors should manage environmental, social and governance (ESG) issues. Its Six Principles for Responsible Investment are a guide to incorporate ESG issues into investment practice.
It’s our duty to achieve the best possible mix of long-term return and risk on our investment funds. But it’s also our responsibility to invest lawfully and ethically.
ACC’s investment strategy is guided by our longstanding ethical investment policy that is kept under active consideration by our board. The policy is guided by New Zealand and international law, global ethical best practice, and ACC’s role in the health sector and investment community.
Crown Financial Institutions
ACC works closely with the other Crown Financial Institutions on all aspects of ethical investment.
In 2009, ACC joined the Guardians of New Zealand Superannuation and Annuitas to collaborate and share resources on ethical investing. In 2021, this was reinforced by the Crown Responsible Investment Framework (CRIF). The CRIF is currently focused on climate change.
Exclusions
ACC avoids investing in entities that engage in activities that would be illegal in New Zealand, would be considered unethical by the majority of New Zealanders, or exhibits corporate behaviour that ACC believes seriously breaches ethical/responsible investment standards. Our ACC exclusion list is kept under active review.