Established in 1991, QIC Limited (“QIC”) is responsible for serving the long-term investment responsibilities of the Queensland Government. As at June 30, 2020, they had USD 54 billion of assets under management.
As a UN PRI signatory, QIC integrates environmental, social and governance considerations into its investment decision-making processes. Additionally, the firm applies negative screening criteria on controversial weapons and tobacco manufacturers. With regards to Climate Change, QIC engages with externally appointed investment managers to report in line with the Task Force on Climate-related Financial Disclosures’ recommendations. Moreover, QIC takes part in collaborative initiatives such as the Investor Group on Climate Change and CDP.