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Australian Ethical Investment and Superannuation Ltd

Australian Ethical Investment and Superannuation Ltd was established in Canberra in 1986 as a pioneer of environment and socially responsible investment. Today AEI has market capitalization of approximately $50 million and some 500 shareholders and is recognised as a leader in socially responsible investment with more than $600m in funds under management.

Mr Phillip Vernon
GPO Box 2435

telephone : 61 2 6201 1943
email :

Member News

Australian Ethical reports continued growth in members and FUM

Australian Ethical has again reported a steady increase in individual members and FUM for the quarter to 30 September 2015. Phil Vernon, Australian Ethical Managing Director, said almost 400 new members are joining every month as Australians realise they can invest ethically while enjoying strong investment performance. "Australian Ethical's growth demonstrates that in business today, there is no need to compromise on ethics to deliver performance: you can achieve both," Mr Vernon said. Read more...

Australian Ethical to launch Community Grants Program
27 March 2013

Australia's only ethical, green, coal-free superannuation company, Australian Ethical, is proud to announce the launch of its Community Grants program which will see over $100,000 made available to Australian not-for-profit organisations and community projects. Applications open for three months on the 1st April 2013. Read more...

Australian Ethical announces new chairman and board members
4 February 2013

  • Andre Morony stepping down as Chairman at the end of February
  • Current board member Steve Gibbs elected as new Chairman
  • New board members - Mara Bun (CEO, Green Cross Australia) and Tony Cole (Senior Partner, Mercer)

Australian Ethical Investment Limited today announced that Andre Morony had decided to stand down as Chair from the end of February 2013 and that the Board had elected Mr Steve Gibbs to the position of Chair.

"During my two years as Chair, Australian Ethical has faced a number of challenges not the least of which has been the difficult external environment all funds management organisations have faced." said Mr Morony. "But today we are well placed to capitalise on the growing awareness amongst the general public that social, environmental and ethical considerations have an important role to play in investment decision making."

Mr Morony also noted that "we are a much more robust organisation today than we were five years ago when I first joined the Board. I have known and worked with Steve Gibbs for over a decade and I have every confidence that he will further strengthen AEI in the period ahead".

Mr Morony will stay on the Board as an ordinary member to ensure a smooth transition.

Australian Ethical also announced the appointment of two new Board members, Ms Mara Bun and Mr Tony Cole.

Mara Bun brings more than 20 years of business and community experience to Australian Ethical. Mara is the current and founding CEO of Green Cross Australia an organization set up in 1993 by Mikhail Gorbachev to create a new approach to solving the world's most pressing environmental challenges. Previously, Mara has worked for The Wilderness Society, Greenpeace Australia, Choice, the CSIRO and a number of financial organisations, including as a director of Allen Consulting Group.

Tony Cole has a background in investment and public service. For the past 17 years he has been a senior investment consultant and executive in Mercer's Investment Consulting business, including heading the business in the Asia Pacific region for more than five years. Tony remains a Senior Partner in Mercer working on a part time basis. Previously, Tony has held senior positions in the Commonwealth Public Service, including Secretary to the Treasury, Secretary of the Department of Health and Social Security, Deputy Secretary to the Department of the Prime Minister and Cabinet and Chairman of the Industry Commission (now the Productivity Commission).

Incoming Chair Steve Gibbs said, "I welcome the appointment of Mara and Tony. They are both highly credentialed appointments and we are honoured that they share our vision and have agreed to join the AEI Board. I look forward to working closely with them."

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