AMP holds clear positions on the following issues that impact our business and our stakeholders.
AMP recognises climate change is a defining global economic and environmental challenge that is impacting our business, our clients and society. AMP supports the goals of the Paris Agreement to keep the increase in global temperatures to well below two degrees. We are committed to managing our business and investments in alignment with achieving net zero emissions by 2050.
AMP is committed to conducting our business in an ethical and professional manner. We consider the broader impacts to society of our own business operations, purchasing and investment decisions and understand the role we can play in the financial sector to address risks of modern slavery across our value chain.
AMP’s Innovate Reconciliation Action Plan (RAP) vision is to empower and work collaboratively with Australia’s First Peoples to promote financial wellbeing and implement reconciliation initiatives. Through our RAP, we aim to develop cultural understanding, create opportunities for Aboriginal and Torres Strait Islander communities and proudly celebrate Australia’s heritage.
AMP is committed to responsible investment and we consider environmental, social and governance (ESG) factors in our investments to drive better long-term financial outcomes for our clients and to achieve better outcomes for society.
AMP Capital is the appointed asset manager for the majority of client funds in the group, including default MySuper options. Clients also have access to a range of investment options through external fund managers and on our flagship investment platform, North.
Through AMP Capital, we launched our first responsible investment funds in 2001, and in 2007 became one of the first signatories to the UN-backed Principles for Responsible Investment (PRI). AMP is also a member of the Responsible Investment Association of Australasia (RIAA).