Question

Many of Australia's largest and most successful superannuation funds have significant investments in coal production and in other polluting industries. These funds are now coming under sustained pressure through both traditional and social media for supporting these polluting industries. Here is a great example of one such campaign. The funds often reply that they are required to provide the best possible return on fund member investments and are not in the business of passing judgements on the worthiness of one industry over another.

Even allowing that the narrow view of corporate social responsibility justifies the investment perspectives of the superannuation funds, those same fund managers are quite prepared to pull investments out of other industries, such as tobacco, if community standards demand that they do so. So who is right? As usual there is no simple answer. However, you should be able to assess both sides of the argument and come to your own conclusion. Therefore, to give you practice in this vital skill, this assignment will require that you research and report on the CSR issues at hand for UniSuper. This page will be of particular interest, where UniSuper sets out its investment strategies for sustainability.

What you have to do

1. Research and report on UniSuper and its importance in the Australian superannuation industry.
2. Review and report on UniSuper's investment strategies concerning corporate social responsibility. Do this using both:
   1. The narrow view of corporate social responsibility, and
   2. The broad view of corporate social responsibility. Make sure that you provide a brief overview of what each of these views mean.
3. Conclude your report with a recommendation for UniSuper management, where you either confirm their approach or whether you recommend another. Make sure that you base your recommendation on your research.

Answer 1

Answer: Corporate Social Responsibility by the word itself implies that the Company or the corporate is socially responsible to itself or to the speculators or investors. Which implies that the organization looks for the security itself in it's further plans and check whether the future or continuous plans are useful to the individuals including their investors and speculators. Furthermore, the organization further analyze cautiously about the continuous choices from the two sides. The social duty referenced here incorporates the monetary, social and financial strength. For an organization is to be socially responsible it must be right off the bat responsible to it's financial specialists and investors.

UniSuper's speculation methodologies worry about the Corporate Social Relationship. Their systems includes thought with respect to the ventures both natural, social and corporate relationship. Furthermore, they additionally consider these qualities at the hour of dynamic rearguards the speculation and furthermore they attempt to advance the qualities in organizations which they will contribute their assets. They generally search for the organizations who advance ESG values, which implies ecological, social and oversee ence values. What's more, they likewise give choices to the individuals to put resources into the Sustainable adjusted, Sustainable high development and Global natural chances.

Also, the organization consistently attempt to develop a network agreeable stage. They generally attempt to keep up the network organization in a decent way. And furthermore they attempt to contribute with the prosperity and government assistance by making with their representatives. What's more, they attempt to set up this health among the individuals in all parts of the organization, the workers, the specialist organizations, the business colleges and the rundown proceeds.

What's more, to secure the earth and to guarantee it's wellbeing the organization they organization follows most extreme usage with least waste delivered approach. To expand the proficiency of the regular assets and to follow the reuse, decrease and reuse process. What's more, they use the papers which were reused under the best possible rules.

From a more extensive perspective the UniSuper set up a report on the environmental change and how that change will hazard the speculation. This venture to set up the report on the atmosphere clears their expectation on the social duty towards the speculation and furthermore towards their investors.

Suggestion to Management:

I concur with their methodology towards the Social Responsibility and value their continuous tasks and the plans under the radar. Still they needs to be increasingly watchful on this issue and to make their undertakings and plans completely clear to both the individuals under their umbrella and for an outcast.