Tim King, Melior: How to have impact in listed equity markets

Good Future

We’re continuing our series that explores how an investor can have impact in listed equity markets. Impact investing has a long history in private markets, but when it comes to investing in public companies that are listed on a stock exchange, it’s a lot harder, to measure your impact, and to influence the companies you’re investing in. Tim King is here to talk about his approach to impact at Melior Investment Management. Tim is chief investment officer, he has deep experience in wrangling equity markets, and as you’ll hear today, he’s applied his broad research and analysis skills to measuring impact and driving positive change. Melior certainly focus on identifying the most high impact companies in Australia, but they also appreciate the importance of leading large, well-known companies in their transition towards impact, in adopting renewable energy, and re-aligning their corporate purpose beyond the narrow metrics… of financial reports, and towards broader societal outcomes. The sponsor of this series is ACCR, the Australasian Centre for Corporate Responsibility. The ACCR engages with companies as a shareholder, advocating for them to improve their environmental and social practices, and in the process make the company more sustainable. It’s no easy feat, but through a modest holding of shares, and with the help of a high-performing team, they put forward shareholder resolutions that focus on positive social and environmental outcomes. They’re a group of pragmatic lawyers and finance experts, and by utilising shareholder resolutions, they approach some of Australia’s biggest companies in a forum they can’t ignore. Now to put a resolution forward, at least 100 shareholders in a company must come together. So, if you hold shares in ASX-listed companies and want to be involved in holding them to account on their environmental and social impacts, then let ACCR know about it. Head to www.accr.org.au/shareholders to get involved. They’re independent, not-for-profit and they’re taking action for more sustainable businesses in Australia. Alright, let’s get going, here’s my conversation, with Timothy King. Enjoy