Our Story

With almost 20 years working on ESG and sustainability risk research in Australia, CAER is an organisation with a depth of history and experience in the field.

Established in 2000, CAER was started as the Green Ratings unit of Australian Ethical Investment. This was also the year that we began a research partnership with Vigeo Eiris, then known as EIRIS. It quickly became clear that there was a need for independent and sound research on company ESG risks in Australia, of which there was none at the time. Therefore in 2002, the unit was separately forged as the Centre for Australian Ethical Research – a stand-alone, independent business providing tailored ESG data and ethical analysis of companies for a large and diverse client base.

As a specialist in the field backed by a long history of Australian-centric information, CAER’s client base soon expanded, positioning our organisation at the forefront of detailed ESG research in the country.

Over the following years we expanded our product offerings, alongside the expansion of the local coverage offered on the Vigeo Eiris (EIRIS) platform. By 2010 this included the ASX300 and the NZ50. Corporate Monitor and the Corporate Monitor Star Rating were also acquired and integrated into our product offerings.

CAER has continued to expand and sharpen its product offerings over the years as more investment managers, asset owners, NGOs and small-to-medium investment houses have sought out detailed ESG information about Australian and New Zealand companies. Our research has since been used in advocacy, engagement, shareholder resolutions and policy both in Australia and overseas.

Combining detailed qualitative and quantitative metrics backed by our partnership with global ESG data provider Vigeo Eiris, CAER’s products and services guarantee rigorous research systems. We are also one of few organisations who provide research exclusively on ESG risk exposure, meaning clients have an accurate picture of the ESG scenario before introducing financial considerations.


CAER ownership and board

CAER is a privately owned company wth six shareholders. Four of the shareholders are employees and executive directors of CAER. CAER’s two non-executive directors, James Thier and Howard Pender, are the remaining shareholders.

CAER is governed by a board of directors that meets quarterly.  The current membership of the CAER Board is as follows:

  • Chair and Non-Executive Director: James Thier
  • Non-Executive Director: Howard Pender
  • Executive Directors: Duncan Paterson, Julia Leske, Konrad Knerr,  Philip Sloane


2000 – CAER established as ‘Green Ratings’ unit of Australian Ethical Investment, commencement of research partnership with Vigeo Eiris (then EIRIS).

2002 – Establishment of the Centre for Australian Ethical Research (CAER) spun out as stand-alone, independent business to provide tailored ESG data and ethical analysis of companies for a diversified client base.

2008 – Expansion of local research coverage on the Vigeo Eiris (then EIRIS) ESG platform: client access to consistent data of ASX 200 and later to NZ 50 (2009) and the ASX 300 (2010).

2010 – Corporate Monitor and the Corporate Monitor Star Rating business acquired and becomes part of CAER.

2016 – EIRIS merges with French ESG rating agency Vigeo, creating Vigeo Eiris. CAER renews the exclusive partnership with Vigeo Eiris for Australia and New Zealand.