Colonial First State is building on its commitment to responsible investing, announcing a key appointment to drive its responsible investing initiatives.

Jodie Tapscott will join Colonial First State to oversee its Responsible Investing initiatives.

In her new role as Senior Manager, Corporate Responsibility, Jodie will be responsible for the implementation of the Wealth Management Responsible Investing Framework within CFS.

The Framework applies to all of Wealth Management’s businesses including CFS, and was announced as part of a broader suite of updated environmental, social and governance (ESG) policies and practices by the Commonwealth Bank late last year.

The Framework was established to integrate ESG factors across our investment processes, consistent with our pursuit of sustainable long term investment outcomes for our customers and clients.

Under the Responsible Investing Framework, CFS will embed ESG considerations into investment decision making and active ownership practices, and build the capacity of employees to understand and assess ESG risks and opportunities, while also providing transparency on how it manages ESG considerations, and to disclosing the progress made on these initiatives.

Head of Investments at Colonial First State, Scott Tully said: “We are increasing our commitment to responsible investing, enabling us to drive positive and lasting change through good business practice. Jodie’s appointment is a key step in that process.”

Jodie will start her new role next month.

Source: Colonial First State

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