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Legislative Assembly for the ACT: 2009 Week 13 Hansard (12 November) . . Page.. 5030..

(5) The Principles are voluntary and aspirational.

The Principles are not prescriptive, but instead provide a menu of possible actions for incorporating ESG issues into mainstream investment decision-making and ownership practices.

As an institutional investor, the Territory has a duty to act in the best long-term interests of its beneficiaries. In this fiduciary role, environmental, social, and corporate governance (ESG) issues can affect the performance of investment portfolios (to varying degrees across companies, sectors, regions, asset classes and through time).

Being a signatory to the Principles for Responsible Investment represents the Government's commitment.

Mental health-funding

(Question No 347)

Mr Seselja asked the Minister for Health, upon notice, on 14 October 2009:

(1) How is the Government progressing in reaching a target allocation of 30% of mental health funding going to the Government.

(2) What policy initiatives will be implemented to achieve this target.

(3) What will be the total cost of these initiatives.

(4) Is this a firm target or an aspirational one.

Ms Gallagher: The answer to the member's question is as follows:

(1) The Government has no such target.

(2) Not applicable.

(3) Not applicable.

(4) Not applicable.

Women-gender impact statements

(Question No 348)

Mr Seselja asked the Minister for Women, upon notice, on 14 October 2009:

(1) What is the progress in phasing in gender impact statements and gender disaggregated data.

(2) When will this initiative be phased in.

(3) How much will this policy initiative cost.

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