We invest to help our clients create more
More opportunity. More potential. More impact. We offer investment expertise across all key asset classes, regions and markets so our clients can capture investment potential wherever it arises.
By combining market and economic insight with technology and diverse perspectives, we look for optimal ways to help investors navigate the future and reach their financial goals.
And by putting environmental, social and governance (ESG) considerations at the heart of our process, we seek to find the most sustainable investment opportunities globally. By ensuring the assets we invest in are ready for and resilient to a world in transition, we act as guardians of our clients’ assets.
*All data facts and figures as of 30 June 2021
Acadian believe environmental, social, and governance (ESG) issues are closely associated with traditional investment issues. To this end, we were an early adopter of Responsible Investing, having implemented related concepts in our core process since the 1990s. We are pleased to have been the first quantitative investment firm to sign the PRI in 2009.
Acadian’s philosophy is that the stocks likely to generate the best risk-adjusted returns are characterized by strong financial health, solid business prospects, favorable management quality, and upside potential. As we develop a fundamental view of a company, we evaluate both traditional investment factors and non-financial signals, including those related to ESG.
Acadian wholly incorporates ESG investing throughout our investment process. Environmental, social, and governance considerations are integrated through factors in our bottom-up and top-down forecasting frameworks.Our investment process goes beyond directing capital on the basis of ESG considerations; we are also active stewards of the capital we invest. Our active research agenda prioritizes ESG factors that meet high standards of materiality, and we continue to research ESG factors that may improve returns or reduce risk in our portfolios. We monitor and offer comprehensive reporting on ESG exposures, proxy voting, and engagement activities.
Allia C&C, part of the Allia group, supports a range of organisations whose core purpose is to transform lives, communities and the environment. With extensive experience across different sectors – particularly housing, care and education – we help ensure the optimal funding solution is achieved to deliver more impact, whether that’s a bank loan, bond or private placement.
We also have strong connections with ethical investors from across the market, including high street banks, retail investors pension funds and institutional investors – offering them access to, and expertise in, socially responsible investments.
So we’re uniquely able to align high social impact businesses with investors who not only seek a financial return but want to see their money do good in society.
At AllianceBernstein (AB), we believe that effective responsible investing must start with an unwavering commitment to be a responsible firm ourselves. For more than 50 years, AB has served both our clients and the communities we operate in responsibly. Our promise to be a responsible citizen for all stakeholders underpins our approach to Responsible Investing. We seek to model the same behaviors we expect from investee companies: strong governance, positive social impact, and thoughtful environmental stewardship. Indeed, our strong, long-standing commitment to corporate responsibility makes us more responsible investors for our clients.
Our primary approach to Responsible Investing is through "Integration", meaning we fully integrate ESG factors into our research investment processes, and we actively engage on ESG-related issues. We do so for all actively-managed equity and fixed income client accounts and funds, which represent the majority of our AUM. Drawing on our experience as active owners ourselves, we designed and offer “Portfolios with Purpose”: Strategies that go one step further than ESG integration, incorporating one or more explicit ESG objectives/approaches into their day-to-day management. These solutions – screening, goals-based, sustainable and impact - address our clients’ increasing desire to invest their capital with purpose while also pursuing strong investment returns.
Alpha Real Capital LLP is a specialist real assets investment manager focused on secure income strategies. Sustainability is a core component of our investment philosophy as well as our business strategy, and prioritising responsible investment aligns with the long term nature of the financial assets in which we invest and the relationships we look for with our investment partners.
We believe identifying, measuring and managing ESG factors can play an important role in ensuring attractive risk-adjusted returns over the long term. Integrating sustainability within our investment process not only enhances risk management but in some cases allows us to quantify benefits through which we are able to assess our contribution to the broader sustainability agenda, for example through the use of MSCI Climate VaR and Loop (previously the Social Profit Calculator).
We are a signatory to the UN Principles for Responsible Investment (PRI) and believe many assets in which we invest help us face the challenge of climate change as well as exhibiting strong alignment with several of the UN Sustainable Development Goals. We constantly seek to better understand the concerns and meet the aspirations of our stakeholders with respect to sustainability.
American Century Investments is a leading global asset manager focused on delivering investment results and building long-term client relationships while supporting research that can improve human health and save lives.
Founded in 1958, American Century Investments' 1,400 employees serve financial professionals, institutions, corporations and individual investors from offices in New York; London; Frankfurt; Hong Kong; Sydney; Mountain View, California; and Kansas City, Missouri.
Jonathan Thomas is president and chief executive officer, and Victor Zhang serves as chief investment officer. Delivering investment results to clients enables American Century Investments to distribute over 40 percent of its dividends to the Stowers Institute for Medical Research, a 500-person, non-profit basic biomedical research organisation. The Institute owns more than 40 percent of American Century Investments and has received dividend payments of $1.7 billion since 2000.
ESG and stewardship have been a core part of Amundi’s investment approach since creation. We recognise the role that finance can play in delivering real world impacts, and look to minimise harms and to address key issues.
Our Responsible investing business line sits at the heart of our organisation, positioned to service all of our clients, and investment platforms. The responsible investment approach is built on three pillars, each with its own senior leadership: ESG data; qualitative research, engagement and voting; and advisory, development and advocacy. The independence of the ESG analysis team from the investment management and financial analysis teams ensures the quality and the independence of the ESG analysis. Nevertheless, ESG analysts work in close collaboration with Amundi’s portfolio management teams. As of end September 2021, the business line gathers around 40 people. Our ESG experts are entirely focused on research, engagement and voting. The team’s activities are structured in a way that ensures breadth and depth of coverage, with expertise spanning ESG issues.
Amundi engages issuers regardless of the asset class through which we have investment exposure to the business. The issuers with which we engage are chosen based on the extent of their exposure to the relevant engagement issue. As a global investor, we engage across the world, taking account of local realities but with the same level of ambition and gradual expectations across geographies.
We regard divestment as a last resort. By divesting, an asset manager gives up any opportunity to exert influence over a company or sector’s ESG practices. By staying invested in companies that are committed to improving their ESG practices, investors can promote the best sustainable practices within a sector. This is why Amundi has put in place a strong engagement policy. It is an essential part of our fiduciary duty to our clients, and our role as responsible investor.
Two major contemporary challenges are at the forefront for us: climate change (visible in the climate transition and the need to protect ecosystems), and social cohesion. Amundi is at the forefront of innovation, aiming to support and mobilize institutional investor clients to integrate climate change along the whole investment value chain from advisory to portfolio management to ad-hoc services. Our firm has developed strong climate expertise to support investors incorporate climate risk mitigation objectives into different management styles and asset classes. We seek to best accompany investors in the design, management, and monitoring of their efforts to integrate climate change into investment practices.
To do so, Amundi continuously develops research and participates in knowledge transfer of environmental best practices through a series of climate initiatives such as (the Carbon Disclosure Project, the Portfolio Decarbonisation Coalition, or participation in the Executive Committee of the Green Bond Principle), aiming to mobilize investors in the transition to a low carbon economy.
Aon is an advocate for best practices in Responsible Investment (RI). We have spearheaded several initiatives to help provide the investment industry with future insights and guidance on this evolving topic. Our work includes:
As part of our commitment in this area, we have invested in finding innovative ways to invest in Impact and provide investors with investment solutions which offer the potential for financial rewards and risk mitigation, while making a positive contribution to environmental and social challenges.
Aquila Capital is an investment and industrial development company focused to generate and manage essential assets on behalf of its clients. By investing in clean energy and sustainable infrastructure, Aquila Capital contributes to the global energy transition and strengthens the world’s infrastructure backbone. The company initiates, develops, and manages these essential assets along the entire value chain and lifetime. Currently Aquila Capital manages around 12.5 billion euros on behalf of institutional investors worldwide. Our primary objective is to generate performance for our clients by managing the complexity of essential assets.
Today, the company manages wind energy, solar PV and hydropower assets of more than 10 GW capacity. Additionally, over 2 million square metres of sustainable real estate and green logistics projects have been completed or are under development. Aquila Capital also invests in energy efficiency, carbon forestry, and data centres. Aquila Capital has been carbon neutral since 2006. Sustainability has always been part of our value system and is an integral part of our investment strategies, processes, and management of our assets. The company has around 600 employees from 48 nations, operating in 14 offices in twelve countries worldwide.
Independent and owner-managed, Artemis opened for business in 1997. Its aim was, and still is, exemplary investment performance and client service. All Artemis’ staff share these two precepts – and the same flair and enthusiasm for fund management.
The firm now manages some £25.5 billion*. Artemis’ fund managers invest in the funds that they and their colleagues manage. This has been a key tenet of Artemis’ approach since the firm started. It means that our fund managers’ interests are directly aligned with those of our investors.
As stewards of our clients’ capital, we act in their interests to invest in companies which can create, preserve and enhance value. We consider investing according to ESG principles as essential parts of fund management. In April 2021, we launched our first pure ‘impact’ fund. It invests in companies which aim to innovate and bring about positive change in society.
We encourage freedom of thought among fund managers, allowing each franchise to have an individual style and process. This means that each team selects, manages and incorporates relevant ESG factors in a way best suited to its specific investment approach.
*Source: Artemis as at 31 December 2020.
Astarte Capital Partners was founded in 2015 and is an independent alternatives co-investment platform with a focus on the real assets space. Astarte’s main focus is to build and provide access to institutional quality investment platforms that focus on real asset backed strategies which are supported by mega macroeconomic trends, such as ageing population, food safety, clean water and the transition into smart cities. These platforms are built in partnership with best-in-class operating teams that can demonstrate a strong track record in the specific asset class.
Astarte brings over 250 years of asset management and investment fund formation experience with a strategy of working closely with and institutionalizing operating teams. The aim is to contribute unique insights to governance, operation, transparency, ESG and reporting requirements expected by institutional investors. The ESG team of Astarte has developed a proprietary framework specifically designed for assessing, identifying, monitoring and mitigating material ESG risks as well as, creating opportunities and enhancing increased positive impact to all stakeholders involved. As an active asset manager building multiple sustainable investment platforms, Astarte is aspiring to act as a catalyst in the development of the next generation of ESG standards and responsibilities for private markets.
As a long‑term investor, we’re convinced our investments will be more successful if we understand how the companies and projects we invest in perform on issues like board diversity, governance, climate change and regulatory developments. Our insight into environmental, social and governance (ESG) issues and trends help us understand the risks that could hit our investments and spot investment opportunities.
Supported by the Global Responsible Investment team, our analysts and portfolio managers integrate ESG issues into the investment analysis and decision-making process across all our asset classes. We use our influence through engagement and voting to promote sustainable business practices, gain insight and reduce investment risk.
In 2019 we voted on 61,876 resolutions at 5382 shareholder meetings, representing 24% of votes against management resolutions including 46% of pay proposal. We also undertook 3,122 company engagements with 2,149 individual companies to identify and reduce ESG risks in our portfolios.
Aviva received the United Nations Foundation Leadership Award in recognition of our work to support the United Nations Sustainable Development Goals.
AXA Investment Managers (AXA IM) is an active, long-term, global, multi-asset investor. We work with our clients today to provide the solutions they need to help secure a better tomorrow for their investments, while creating a positive change for the world in which we all live.
With fundamental research at the core of our process, our investment professionals seek out and develop the most efficient and robust sources of alpha across world markets, marrying innovation and risk management in a bid to deliver long-term, value for clients.
AXA IM has a long history of innovation and, as a part of the broader AXA group, we are attuned to thinking long term about both risk and return. This combination makes us adept at mitigating tomorrow’s challenges and taking advantage of the opportunities that accompany them.
As stewards of our clients’ assets, our primary goal is to help them preserve and grow their wealth. We believe that an important part of achieving this is investing responsibly. This is why we incorporate environmental, social and governance considerations into our investment decisions and offer clients a full spectrum of responsible and impact investing tools.
Over two decades, we have become one of the largest asset managers in Europe, entrusted with £646 billion (€735bn) in assets as of 30 June 2017. Our 2,400 staff serve over 5,000 clients in 62 countries around the world.
Baillie Gifford is an independent investment management partnership founded in 1908. Over a century’s experience of investing in broadly the same manner means our firm is well suited to identifying unique businesses that can provide long term sustainable growth and make a positive impact on society.
As such, an impact investing team, Positive Change, was established. The team invest in exceptional companies that address societal challenges, rather than screening out inferior ones. These societal challenges include the lack of basic infrastructures and services, resource constraints and degradation, rising inequality, and persistent poverty. The team believe that companies focused on solving these challenges should see rising demand for their products and services and are naturally growth companies. By concentrating on a subset of companies that enjoy sustainable competitive advantages and are run by committed management teams, the Positive Change team believe that investors should be able to achieve attractive investment returns over the long term while contributing towards a more sustainable and inclusive world for future generations.
Patience and perseverance are required to invest sustainably. Positive change is delivered over years not months, so an ability to look beyond next quarter’s earnings release for operational growth and positive societal impact is essential.
Barings is a $327+ billion* global financial services firm dedicated to meeting the evolving investment and capital needs of our clients and customers. Through active asset management and direct origination, we provide innovative solutions and access to differentiated opportunities across public and private capital markets. A subsidiary of MassMutual, Barings maintains a strong global presence with business and investment professionals located across North America, Europe and Asia Pacific.
*As of March 31, 2020
Barnett Waddingham is a leading independent UK consultancy at the forefront of risk, pensions, investment and insurance. Across Barnett Waddingham, we work to assist trustees with all aspects of running their pension scheme, including ESG, responsible and impact investment considerations. We give comprehensive advice on the regulatory ESG framework affecting pension schemes and we design practical, client-focused solutions to help our clients reflect their beliefs, on ESG considerations and beyond, in their investment strategy.
Our ESG, responsible and impact research is supported by a working group whose expertise spans across manager research, DB and DC consulting. This group draws on the depth of knowledge from across the firm to provide insightful and innovative research, training and support.
As a firm, we recognise that we have an impact that goes beyond our core activities. Barnett Waddingham believes in giving back to the communities where our employees live and work, and have developed corporate social investment policies to address our own impact, as well as charitable donations and paid staff volunteering.
A clean technology-centric ecosystem, Beam Earth develops, structures, and provides funding for environmentally aligned businesses and services across the investment themes of clean energy, sustainability, and financial innovation. Together, Beam and its shareholders acquire, co-invest and operate environmentally progressive companies, as well as transition technologies and innovative financial solutions to deliver enhanced returns and minimum environmental impact.
All of Beam´s management decisions are driven by a commitment to the improvement of eco responsibility, best practices, and the reduction of carbon footprint. This is accomplished through Beam’s interconnected business lines, that harbor its commitment and passion for making ESG a reality, and through which it meets institutional impact investor’s needs that include real asset ownership, ESG requirements and attractive returns.
In this way, Beam Earth continues to work towards reshaping the oil and gas industry. However, Beam is also expanding into new clean transition-related business opportunities that will have a positive social impact on the environment and where its experience and infrastructure will add value. As hydrogen is considered the best chance for decarbonizing the global economy, Beam is focusing on two methods to economically extract White/Natural Hydrogen from sub-surface with minimal environmental footprint. Beam will leverage its expertise and proven track record of clean oil and gas production and deliver profitable, clean, customized solutions by adapting disruptive environmentally-friendly technologies to face the challenges raised by clean hydrogen production.
At Berenberg Wealth & Asset Management, we have managed sustainable strategies for decades. We believe the consideration of ESG factors as key to investment decision making given that it helps our portfolio managers to better analyse risk and return. We incorporate ESG factors by analysing risks and opportunities using our own research and via third party providers. Furthermore, our highly experienced portfolio managers have access to corporate management and industry experts where we have open and detailed conversations concerning companies’ ESG capabilities. This helps us to gain unique company insights, especially regarding potential growth drivers and guide companies in relation to sustainability-related matters. In addition, the open dialogue amongst our own investment professionals enhances our ESG integration as we benefit from the team’s depth of industry experience and knowledge. We offer a broad range of ESG investment approaches including negative/exclusionary screening, impact investing and ESG integration into fundamental assessments. We apply ESG analysis across different asset classes in our quantitative and discretionary strategies and work with our clients in segregated mandates to reflect their specific preferences around ESG and sustainability.
Berenberg is a signatory to the Principles for Responsible Investment (PRI), a member of the International Corporate Governance Network (ICGN), a participant of the ‘Know The Chain’ benchmark and a signatory of the Access to Medicine Foundation’s investor statement for a fair, equitable and global response to the COVID-19 pandemic.
bfinance is an independent investment consultant providing a range of services to investors across the globe (more than 35 countries to date). These services including manager research and selection, portfolio strategy and design, risk analytics, fee benchmarking, performance monitoring and more. The firm does not provide any asset management or fiduciary management services and we believe that such services represent a potential conflict of interest alongside investment advisory activities.
Within these services, the firm has long worked to help clients in developing and implementing their approaches to responsible investment. Investors face a range of challenges in this space including developing effective ESG policies, integrating specific ESG or impact considerations into manager research and delivering on ESG or impact reporting objectives. Our clients frequently have specific individual requirements: there is no ‘one size fits all’ when it comes to responsible investment. The firm’s highly differentiated manager selection process has been particularly useful in addressing ESG considerations, since it enables an investor’s unique requirements to be applied to the widest universe of managers. Managers can score poorly on ESG criteria for specific clients while having a strong (generic) ESG rating from another relevant entity.
Big Issue Invest extends The Big Issue’s mission by financing the growth of sustainable social enterprises and charities across the UK. Big Issue Invest offers loans and investment from £20,000 to £3 million. Since launching in 2005, we have invested in over 330 organisations, all of which have positively influenced the lives of people across the UK.
We are also bringing the mainstream to social investment with the UK Social Bond Fund, in partnership with Columbia Threadneedle, and the UK Equity Impact – Employment Opportunities Fund, in collaboration with Aberdeen Standard Investments. Big Issue Invest is also helping to pave the way for 3.4 million social housing tenants to potentially improve their credit, by partnering with Experian on The Rental Exchange. The capital raised by Big Issue Invest comes from mainly private sources and not from sales of the magazine and Big Issue Invest pays any dividends generated by our investments to our parent company, The Big Issue Group.
Created by social entrepreneurs, for social entrepreneurs, Big Issue Invest is the world’s first ‘Social Merchant Bank’ and a steadfast champion of social enterprise.
Big Society Capital’s aim is to improve the lives of people in the UK by connecting investment to charities and social enterprises that are creating social change. We do this by bringing together our investment capital, our expertise and our network of partners. To date, we have helped establish £1bn of social investment vehicles alongside co-investors.
BlueBay considers Environmental, Social and Governance (ESG) factors as part of its Investment Risk management framework; which is applicable for all managed assets. The firm uses a range of ESG-investment strategies, ranging from ESG integration and engagement (relevant to all assets), ESG negative screening (all pooled funds apply a Controversial Weapons Investment Policy), norms-based screening (for select ESG labelled pooled funds) and proxy voting (in limited instances, where applicable).
The ESG integration process involves considering ESG-related risks at both the pre- and post-investment phase, with analysis occurring at different levels (issuer, sector, portfolio and firm-wide). BlueBay leverages a combination of external and internal, open access and fee-paying ESG resources to support its efforts. The firm employs a dedicated in-house ESG investment team which leads the development and implementation of the ESG investment strategy, working closely with the firm’s investment professionals. BlueBay reports on its ESG investing efforts to its clients through a variety of channels.
BlueBay publicly communicates its ESG efforts on its corporate website.
BMO Global Asset Management (EMEA) is part of Columbia Threadneedle Investments, a leading global asset management group. Together, we manage over $725 billion in assets, with offices in 18 countries, allowing us to provide on the ground investment expertise and be close to our clients.
A global team brings together diverse expertise with investment professionals sharing global perspectives across asset classes and markets. Behind every investment is intense research powered by a team of analysts dedicated to finding original, actionable insights.
Being responsible about investment lies at the core of everything we do - responsible investment (RI) principles and proprietary tools are used to provide a robust RI framework and better analysis for the benefit of clients. We have a responsibility not just to invest in a more sustainable future, but also to use our influence to drive positive change. It’s our belief that ESG principles enhance and improve both investment returns and real-world outcomes.
BNP Paribas Asset Management (BNPP AM) is the investment arm of BNP Paribas, a leading banking group in Europe with international reach. BNPP AM aims to generate long-term sustainable investment returns for its clients, based on a unique sustainability-driven philosophy.
BNPP AM’s investment capabilities are focused around five key strategies:
Sustainability is embedded within BNPP AM’s strategy and investment decision-making. Among the leaders in thematic investment in Europe, BNPP AM contributes to the energy transition, environmental sustainability and the promotion of equality and inclusive growth. We currently manage EUR 502 billion of assets and benefits from the expertise of around 500 investment professionals and over 400 client servicing specialists, serving individual, corporate and institutional clients in 69 countries.
Source: BNPP AM, as at 30 September 2021
Bridges Fund Management (formerly Bridges Ventures) is a specialist fund manager focused exclusively on sustainable and impact investment, with offices in London, New York and San Francisco. Since 2002, the firm has raised over £900m to invest in SMEs, properties and social sector organisations that are helping to tackle some of society’s biggest challenges, with a focus on four themes: health & wellbeing, education & skills, sustainable living and underserved markets.
Capital Dynamics is a global private assets manager focused on mid-market private equity and private credit, and clean energy infrastructure. Founded in 1999 and headquartered in Zug, Switzerland, Capital Dynamics employs approximately 160 professionals globally across 14 offices, overseeing more than USD 13 billion in assets under management and advisement1.Capital Dynamics (the Firm) has a dedicated Responsible Investment (RI) Committee that continuously seeks to improve performance and reduce risk for its clients, while providing a closer alignment of objectives amongst stakeholders and society. This is largely achieved using a rigorous RI scoring system that evaluates transactions at the time of investment and annually thereafter. The Firm has also been an early signatory of the UN-supported Principles for Responsible Investment.
CBRE Global Investors is one of the world’s leading real asset investment managers with $104.2 billion in assets under management.
Built up over more than 40 years, our unparalleled platform is focused on real assets, giving our institutional clients access to real estate and infrastructure in the Americas, Europe and Asia Pacific. Our clients benefit from a complete range of investment solutions including equity and debt, direct and indirect, and listed and unlisted strategies.
We believe the best performance comes from putting our clients first. Our local market intelligence, proprietary research and active management enable our experienced professionals to deliver world-class investment results and exceptional client service.
As part of CBRE Group, the premier real estate services platform, we also offer our clients our competitive advantage with an enriched local footprint and market knowledge and access to best-in-class services.
The built environment has a significant impact on the global environment and is at the nexus of many of today’s most important issues, including land use, resource depletion, climate change, transportation, affordable housing and workplace health.
We therefore believe that we have a responsibility to incorporate and demonstrate environmental, social and governance (ESG) best practices in all of our corporate and investment management activities.
Our commitment to ESG within our company and responsible investing initiatives can create shared advantages by enhancing returns, mitigating risk and improving the long-term value of real assets for our clients.
Cheyne Impact Real Estate has a dual financial and social impact objective, seeking to generate an attractive income-oriented return whilst delivering a meaningful social impact through UK property.
Since 2014 the strategy has been to buy or build property for use as affordable accommodation – including general needs affordable housing, temporary accommodation for local authorities to house those in urgent need, and keyworker housing – and adult social care – including supported living for adults with learning or physical difficulties, as well as senior care. A defining feature of Cheyne’s approach is to deliver additional assets for these purposes, rather than acquiring existing stock. With an in-house development team, Cheyne’s expertise runs the spectrum from modest repositioning of homes for social care purposes through to the design and build of large new development schemes.
The strategy’s impact objectives are coded into the research and due diligence processes and overseen by an external social impact member of the investment committee as well as an independent annual impact audit.
The investments are expected to deliver a steady, long-term, inflation-linked income for investors whilst increasing the provision of high-quality, affordable homes in the UK.
A leading global asset management group, Columbia Threadneedle Investments provides a range of actively managed investment strategies and solutions for individuals, pension funds and corporations. We manage $495BN / £366BN in AUM and have a presence in over 18 markets globally. We strive to deliver the investment outcomes that our clients expect when they trust us with their money, through an investment approach that is team-based, performance-driven and risk-aware. We have an established, dedicated and well-resourced responsible investment team, providing investment solutions that allow our clients to invest according to their values and to achieve social outcomes. Our award winning social investment funds take a balanced approach to achieve social outcomes, financial return and liquidity. *
*AUM includes the combined assets under management of the Columbia and Threadneedle group of companies as at 31 December 2017. Source: Ameriprise Financial.
Connected Asset Management is an impact investment management firm that has spun out of the multi-award-winning pension fintech, Smart Pension, a workplace pension provider for UK SMEs and micro employers.
At CAM we bridge the gap between impact investment firms and pension funds. We introduce UK DB & DC pension funds to a wide array of impact investments by:
Working with key stakeholders at Smart Pension we have facilitated their transition to a market leading default investment proposition with 71% exposure to ESG funds from a starting point of zero in 2019.
Consilium Capital is a specialist corporate finance firm dedicated to advising and raising capital internationally for companies and investment funds making sustainable or impact investments.
Our mission is to offer investments across a range of asset classes (private markets and public markets) and geographies which:
Our sector expertise aligns with several of the UN SDGs:
Clean Energy & Cleantech; Sustainable Food & Agriculture; Nature-Based Solutions (sustainable forestry, sustainable oceans & fisheries), Financial Inclusion and Multi-sector Impact areas (circular economy, sustainable real estate, edtech).
Our services include:
Strategic advice, structuring of corporate and fund transactions, M&A and capital raising as a placing agent.
We have ongoing relationships with a wide range of investors including asset owners and asset managers, private banks and wealth managers, family offices and ultra high net worth investors.
Consilium Capital is a member of the Global Impact Investing Network (GIIN), a signatory of the United Nations-supported Principles for Responsible Investment (PRI) and a member of the Coalition for Private Investment in Conservation (CPIC).
DWS Group (DWS) is one of the world's leading asset managers with EUR 880bn of assets under management (as of 30 September 2021). Building on more than 60 years of experience, it has a reputation for excellence in Germany, Europe, the Americas and Asia. DWS is recognised by clients globally as a trusted source for integrated investment solutions, stability and innovation across a full spectrum of investment disciplines.
We offer individuals and institutions access to our strong investment capabilities across all major asset classes and solutions aligned to growth trends. Our diverse expertise in Active, Passive and Alternatives asset management – as well as our deep environmental, social and governance focus – complement each other when creating targeted solutions for our clients. Our expertise and on-the-ground-knowledge of our economists, research analysts and investment professionals are brought together in one consistent global CIO View, which guides our investment approach strategically.
DWS wants to innovate and shape the future of investing: with approximately 3,500 employees in offices all over the world, we are local while being one global team. We are investors – entrusted to build the best foundation for our clients’ future.
Earth Capital Ltd (‘Earth Capital’) is the investment manager for the Nobel Sustainability Fund® (‘NSF’) and a global private equity investment manager who invests exclusively in sustainable technology within the climate change nexus of energy, food and water efficiency with a track record of strong returns and an extensive history of collaborative working together .
We are marketing the Nobel Sustainability Fund® to institutional investors looking to allocate to impact and ESG themes in private equity. We are building a portfolio of sustainable businesses targeting key themes of the Sustainable Revolution which will drive disruptive change through the global economy over the next 20 years. Cornerstone commitment has been secured from the family office of Stephen Lansdown and the Monaco Constitutional Reserve Fund.
Our impact private equity strategy uses our unique Earth Dividend™ tool measuring impact across 5 dimensions of ESG in our private markets investments. Investments are measured across Natural Resource Consumption, Ecosystem Services, Pollution, Social and Economic Contribution, and Society and Governance.
Eaton Vance is a leading global asset manager with a strong commitment to responsible investing.
A signatory to the UN Principles for Responsible Investing (UN PRI), Eaton Vance has an uncompromising commitment to integrity and excellence. The firm seeks to provide investors with consistent performance, top-quality service and value-added strategies across a range of investment disciplines. In managing client portfolios, the firm adheres to established investment disciplines and balances the pursuit of return with the careful management of portfolio risk.
In 2016, Eaton Vance acquired the assets of the impact-investing firm Calvert Investment Management to form a new investment subsidiary: Calvert Research and Management (“Calvert”).
A recognised leader in responsible investing, Calvert is one of the founding signatories of the UN PRI. Calvert also helped to launch the Sustainability Accounting Standards Board (SASB) and last year helped found the SASB Alliance, which seeks to standardise disclosure for responsible investing.
Calvert seeks superior investment performance through integrated ESG research with an emphasis on company engagement and rigorous measurement of non-financial factors to demonstrate positive global environmental and societal impact. It provides measurable and reportable impact metrics on many of the portfolios it manages.
“Impact reporting” has been made possible by the development of a range of metrics in areas such as green tech, human rights, greenhouse gas intensity and water stress aimed at quantifying how business activity affects the environment, society and corporate governance.
Today, Calvert is one of the largest and most diversified managers of responsible investments across actively and passively managed equity, fixed income and asset allocation strategies.
EQ Investors (EQ) is a chartered financial planning and employee benefits firm. We offer a full range of life planning and financial advisory services for individuals, families, trustees, attorneys, directors and business owners.
At EQ we have a strong sense of being a member of a wider community. We are proud to be one of the first UK companies to be awarded B Corporation status, an internationally recognised standard for companies that believe in business as a force for good. Our Positive Impact Portfolios are a unique proposition for clients who care about how and where their money is invested. Established in 2012, the portfolios are designed to meet the growing investor appetite for an investment approach which not only delivers an attractive return but is also committed to making a positive contribution to society or the environment.
ESGnie specializes in building ESG and economically literate AI models that can correctly automate the extraction, standardization, and mapping and reporting of ESG and financial information onto funds' internal investment frameworks for their entire portfolio universe, significantly reducing the amount of time, cost, and resources spent on processing unstructured ESG data. This enable funds' to build in-house ESG research capabilities aligned with their internal frameworks and differentiated investment strategies (by combining internal and external datasets that was not previously cost and time effective to process accurately.
Our original AI bakes-in sufficient economic understanding to be able to correctly extract and standardise financial and ESG information across a very large number of companies, in an automated manner, which is not possible with existing AI (computer vision and NLP) that fails to correctly standardise information across companies that report economically similar information using a variety of different terms and formats.
Our technology has also been recognised by Microsoft, coming in 3rd place in a recent Microsoft Virtual Hackathon 2021.
At EY, we strongly believe in developing sustainable solutions that factor in ESG considerations. We have been advising asset owner globally, including pension schemes, insurers, asset managers, sovereign wealth funds and banks.
We support pension funds of all sizes in their approach to ESG and we continuously invest and innovate in this space. Our commitment to research, thought leadership and market leading tools aid clients in the process of integrating ESG within the wider pension scheme governance.
Our multi-disciplinary approach is backed by deep expertise across the investment, covenant and funding pillars and our dedicated climate change and sustainability team provides specialist insights.
We take our role as a responsible corporate citizens extremely seriously, and have taken steps to address our impact on climate change. Over 2020 we achieved carbon neutrality, with the ambition of being carbon negative over 2021. These are steps towards our stated ambition of being “net zero” by 2025
A global leader in active, responsible investment
Federated Hermes is guided by the conviction that responsible investing is the best way to create long-term wealth.
We provide specialised capabilities across equity, fixed income and private markets, in addition to multi-asset strategies and proven liquidity-management solutions.
Through our world-leading stewardship services, we engage companies on strategic and sustainability concerns to promote investors’ long-term performance and fiduciary interests.
Our goals are to help individuals invest and retire better, to help clients achieve better risk-adjusted returns, and to contribute to positive outcomes in the wider world.
Becoming Federated Hermes
Our brand launched in February 2020, when Federated Hermes, Inc. listed on the New York Stock Exchange, strengthening our position as a global leader in active, responsible investment.
This was a natural step in the development of Federated Investors and Hermes Investment Management. Since Federated became the majority owner of Hermes in 2018, we have been united by a shared commitment to client-centric responsible investment and long-term business growth.
We are the international business of Federated Hermes
All activities previously carried out by Hermes now form the international business of Federated Hermes. Our brand has evolved, but we still provide the same distinct investment propositions, deep integration of responsibility and industry-leading stewardship capabilities for which we are renowned – in addition to important new offerings from the entire group.
* As of February 3, 2020
Fidelity International provides world class investment solutions and retirement expertise to institutions, individuals and their advisers - to help our clients build better futures for themselves and generations to come. As a private company, we think generationally and invest for the long term. Helping clients to save for retirement and other long-term investing objectives has been at the core of our business for nearly 50 years.
We are dedicated to achieving the best possible risk-adjusted returns for our clients. We believe that integrating sustainability across everything we do as a company can help our clients achieve a better future. In that regard, high standards of corporate social responsibility in ESG issues make good business sense and contribute to the long-term potential of companies. Our analysts have responsibility for analysing the ESG performance of the companies in which we invest, working closely with a dedicated team of ESG specialists.
Fidelity has been signatory to the PRI since 2012. We have been rated as an industry leader in ESG integration by the PRI, scoring A+ in every category in 2018 and have outperformed the median for the last four years.
At Finance for Sustainability, we work on big ideas that connect new forms of investment to social issues in the UK. We do this by working in partnership with others to identify gaps in the provision of finance and creating new funds, private investment products or seeding new advisory firms to work on solving the complex social and environmental issues others are afraid to work on. Finance for Sustainability is a not-for-profit, every penny we make in profits is reinvested in the Group, both expanding and strengthening existing operations or launching and seeding new ventures. Our Group Companies are either ‘not-for-profit’ or ‘for profit social sector’ businesses, meaning we have a mission lock and no less than 51% of profits are reinvested in that mission each and every year. Across the FFS Group we manage or advise on £43m of Social and Environmental Impact Funds, with more in the process of being created.
Our Group Companies:
Environmental Finance is a social enterprise that works across a wide variety of the conservation, natural and built asset sectors. Environmental Finance create, and partner with others who are creating innovative, investable projects. These projects are specifically structured to deliver quality returns for investors, local communities and the environment at large.
Sporting Assets is social enterprise that helps develop sustainable sports enterprises, by taking ownership of facilities, developing new ones and by helping to create or diversify revenue streams.
ArtsVentures is a social enterprise that helps develop sustainable and resilient arts enterprises, by supporting them to make the most of their assets.
Being a good global corporate citizen is central to our mission to be a premier global investment management organisation. We understand this not only affects our business, but also impacts our reputation with investors, customers, and employees.
We believe that responsible private capital can create “win-win” outcomes for both investors and the community. As such we see impact investing as a natural strategy to deploy within our social infrastructure investment strategy. For example, renovations that directly improve the utility of a space for tenants and visitors can both improve the quality of services being provided and increase the value of the physical asset. We can also create local partnerships that enhance the experience of stakeholders. For example, working with a school to have students volunteer time at an elderly care facility can create a more positive experience for the elderly, thereby increasing the value of that facility to the community. Likewise, making energy efficient upgrades to buildings can reduce service costs while also reducing greenhouse gas emissions.
Fulcrum Asset Management gives careful consideration as to our involvement in and responsibility to the financial markets as well as further afield. We are strong supporters of initiatives to create a more sustainable world and view financial services to have an important role to play in this in the years ahead.
We have a holistic approach to Responsible Investment, incorporating our activities with key stakeholders as well as embedding them in our investment philosophy and process. We believe we can achieve improved risk-adjusted returns and as such we integrate ESG risks and opportunities across asset classes and time horizons wherever possible.
We also believe it is part of our responsibility to consider the impact investments might have on society and the planet, particularly when it comes to Climate Change. Climate Change is a mega trend that is not only a significant driver of investment risk but also an area of opportunity - in particular the transition to a low-carbon world. We believe this to be the single largest risk faced by investors and as society seeks to mitigate Climate Change over the coming decades, we expect there to be profound and lasting effects across all sectors of the investment landscape.
An alternative investment in UK affordable housing
Funding Affordable Homes (“FAH”) is a social impact company which builds and acquires affordable housing to deliver financial and social returns for both communities and investors.
Real Estate and Investment Advisory services are provided by Edmond de Rothschild Real Estate Investment Management ('EdR REIM').
Introduction to FAH
Funding Circle is the leading small business loan platform in the UK, US, Germany and the Netherlands. As of 30 September 2018, investors have lent over £5.6 billion to more than 56,000 businesses. In 2017, Funding Circle loans helped to create and sustain more than 75,000 jobs, and contributed £3.9 billion to the economies of its four markets.
Funding Circle uses its cutting-edge technology, proprietary credit models and sophisticated data analytics to create an attractive and convenient proposition to historically underserved small businesses, whilst also providing attractive risk-adjusted returns to investors.
Funding Circle institutional investors not only gain access to a granular, diversified, high yielding and short duration asset class that was previously held exclusively on bank balance sheets; they will also be making a real and measurable impact on local economies.
GCM Grosvenor invests on behalf of clients who seek allocations to alternative investments, such as private equity, hedge funds, real estate and infrastructure. With approximately $50 billion in assets under management, we are one of the world’s largest and most diversified independent alternative asset management firms.
GCM Grosvenor is committed to responsible investment (RI) and to environmental, social and corporate governance (ESG) issues across our alternative investment platform. We view ESG issues as key elements of investment return, volatility and risk mitigation, and believe the consideration of such issues is an important aspect of our fiduciary responsibility to our clients. We promote sustainable and responsible investing by incorporating key ESG considerations into our business management, investment analysis, due diligence and portfolio construction.
The Firm has RI policies in place and considers ESG issues in its investment process to the extent it believes such issues might be reasonably expected to have a material impact on investment performance. In connection with underlying fund investments, GCM Grosvenor’s investment due diligence typically includes a review of the Investment Manager’s RI policies and its implementation thereof, among other things. Furthermore, GCM Grosvenor periodically requests underlying managers to provide updated RI-related information.
Giant Ventures is a multi-stage venture capital firm backing purpose-driven founders solving the world's biggest challenges. Giant champions technology founders creating a more sustainable, equitable and resilient planet. The fund plans to deploy $1bn into purpose-driven technology companies over the next decade.
Giant is a thesis-driven firm seeking systemic change across four themes: environment, health & wellbeing, sustainable cities and financial inclusion.
Giant’s companies must fit into Giant’s Impact Framework before selection and are monitored via its Impact Assessment process, which has been adapted from the Impact Management Project.
Gowling WLG (UK) LLP is an international law firm with one of the UK's largest pensions law teams. Our team advises trustees, employers and financial institutions on all areas of pensions law. This includes advice in relation to investments made by pension funds and, over the last few years, has increasingly seen us advising clients on environmental, social and governance (ESG) issues.
Working alongside our specialist corporate funds team, our Pensions Law Team has become increasingly involved in supporting clients in their implementation of responsible investing. This has included providing training for trustees on ESG issues, assisting with the drafting of statements of investment principles and responsible investment policies, and negotiating agreements and side letters with investment managers in relation to pooled funds. Our advice has been applied to both defined benefit and defined contribution schemes, and in the latter environment, we have also been helping our clients consider how to engage with the scheme's membership to understand its views on ESG matters.
We have established an ESG Working Group within the team, which is specifically focused on driving the agenda on responsible investment for pension schemes and, more widely, that group is working with other parts of our law firm to help our clients respond to challenges relating to climate change, the circular economy and sustainability.
Incorporated in 1857, Gresham House is an alternative asset manager providing funds, direct investments and tailored investment solutions including co-investment across a range of highly differentiated investment strategies which include strategic public and private equity, timber, renewable energy, housing and infrastructure. The highly experienced investment team is led by Chief Executive Tony Dalwood (ex-CEO of SVG Advisers (formerly Schroder Ventures (London) Limited).
Gresham House recently launched a new UK focused investment strategy that bridges the gap between investors’ investment goals and the need for longer-term investment into important, government supported UK sectors, namely housing and infrastructure, whilst aiming to deliver a positive ESG impact.
This investment approach provides investors with the ability to invest in social and infrastructure investment initiatives (the ‘building blocks’ for supporting UK economic activity) as well as renewable energy projects. The deal-by-deal co-investment structure will allow investors to increase their allocation to underlying community-based transactions or sections of specific interest so that they make a positive social impact whilst maintaining prudent financial control. One of the objectives is to “partner” with local authorities and local government pension schemes to fulfil both financial, social returns, and potentially to support local area objectives.
The strategy already has the backing of two Local Government Pension Schemes and is designed for institutional investors including local authority and corporate pension funds, endowments and family offices to fulfil both long-term financial and social returns whilst having a positive ESG impact.
Our strategy is part of a newly formed Long-Term Investment Solutions Platform, which was established to deploy long-term or ‘patient’ capital while providing an opportunity for co-investment.
Hamilton Lane (NASDAQ: HLNE) is a leading private markets investment management firm providing innovative solutions to sophisticated investors around the world. Dedicated exclusively to private markets investing for 29 years, the firm currently employs more than 400 professionals operating in offices throughout North America, Europe, Asia Pacific and the Middle East.
Hamilton Lane has long been focused on ESG, and has been formally issuing our ESG Questionnaire to fund managers since 2010. Our Responsible Investment Committee (RIC) was established in 2012, and each of our investment teams factor ESG considerations into their investment processes. We raised our first dedicated Impact Opportunities Fund in 2019 and intend to continue expanding that platform in the future.
At Hamilton Lane, we take seriously our goal of generating strong investment returns for our clients and their beneficiaries, while incorporating ESG and Sustainability principles into our investing practices. Our long-standing focus on ESG and sustainability has been reinvigorated in part because of the events of the past year, the growing importance such practices have for our clients, and our own genuine commitment to responsible investing. Together, Hamilton Lane, our clients and our investing partners can have a meaningful impact on safeguarding the futures of all those who depend on us.
Hamilton Lane has approximately $657 billion in assets under management and supervision, composed of approximately $76 billion in discretionary assets and approximately $581 billion in advisory assets, as of December 31, 2020.
Read our 2021 Sustainability Report.
HSBC Asset Management invests on behalf of HSBC’s worldwide customer base including leading institutional investors. With a global network of offices in 25 countries and territories and 600+ investment professionals, we manage assets totalling some US$621bn (as at 31 March 2021).
A global leader in Responsible Investment we are fully committed to the integration of ESG within our investment process, as can be evidenced not least by our UNPRI Manager ESG integration Assessment rating of A+ in 2020, placing us in the top 10% of a peer group of 500+ asset managers. As well as membership of a raft of industry groups, including Climate Action 100+, IIGCC and CDP, we are supporters of the TPI and are signatories to the Montreal Pledge on carbon reporting.
Importantly we can also cite a number of practical examples where we have integrated non-financial and specific climate/carbon/impact focussed investment restrictions within our client portfolios and funds i.e. across asset classes including core fixed income, equity and multi asset capabilities as well as more esoteric approaches e.g. facilitating the growth of Emerging market Green Bonds and most recently through the creation our Natural Capital Joint venture, HSBC Pollination Climate Asset Management.
Hymans Robertson is one of the UK’s leading independent pensions and financial services consultancies. We work alongside employers, trustees and financial services institutions, offering independent pensions, investments, benefits and risk consulting services, as well as data and technology solutions. We operate as an independent partnership with over 1,000 people across four UK offices in London, Glasgow, Edinburgh and Birmingham. We pride ourselves on our trusted relationships and our innovative, client focused approach. Our clients include some of the UK’s leading names and largest pension schemes, and we are recognised leaders in the field of public sector pensions.
At Hymans, we care about building better futures by delivering improved long-term outcomes for our clients and their stakeholders. We believe that investing responsibly isn’t just something we need to do, but something that can lead to better outcomes. Impact investing is a specific area where we believe there are exciting opportunities, not just to enhance financial outcomes, but to partner with others and engage savers on the issues they care about. We welcome opportunities to collaborate with others and improve long-term outcomes.
Insight Investment is a leading global investment manager focussing on risk-management solutions, including liability-driven investing (LDI) and currency risk management; a full spectrum fixed income capability; and a range of multi-asset and absolute return strategies.
Insight has been a long-term proponent of responsible investment as a founding signatory to the PRI in 2006 and a supporter of the Institutional Investors Group on Climate Change and CDP initiatives since their founding in 2002. In 2016 Insight was given Tier 1 status by the Financial Reporting Council in recognition of "a good quality and transparent description of [their] approach to stewardship”. In 2020, Insight was awarded A+ ratings across most of the relevant categories in the PRI survey, a reflection of their ongoing commitment to integrating responsible investment practices across all aspects of their business.
For Insight, responsible investment is about value. They believe all risks, including environmental, social and governance (ESG) risks, can affect the value of an investment. Their proprietary models continually evolve to help address the gaps in third-party ESG data. These models guide their engagement with companies and governments to better understand the ESG risks they face and how those risks are managed.
Insight also take a proactive role in ensuring the long-term sustainability and resilience of markets and have helped to drive change on significant regulatory and market issues to protect their clients’ long-term interests, as well as those of wider society.
For more information, including regular market insights and views from industry experts, please click on the link below.
Invesco has been implementing environmental, social and governance (ESG) strategies for over 30 years, and today deliver these through equities, fixed income, multi-asset, real estate, ETFs and bespoke solutions.
We’re committed to adopting and implementing ESG principles in a manner consistent with our fiduciary responsibilities to our clients. Whether it's industry advocacy, adherence to principles and practices, or by leading the charge in engagement, client needs sit at the heart of our ESG approach.
Launching our first SRI product over 30 years ago, Invesco became a signatory of the UN-backed Principles for Responsible Investment in 2013 – achieving A+ in Governance and Strategy for three consecutive years. We are also disclosers to the Carbon Disclosure Project and supporters of the Task Force for Climate-related Financial Disclosure. Additionally, we recently joined three leading initiatives aimed at combating Climate change: Climate Action 100+, the Institutional Investors Group on Climate Change and the World Economic Forum’s Climate Change Resilient Infrastructure working group.
Our ESG philosophy is centred around ESG integration, ESG engagement / active ownership (using our position as one of the largest investment managers globally to drive demonstratable change) and ESG collaboration (partnering with clients and industry innovators to develop new products and customized solutions).
Jupiter was founded in 1985 with the aspiration of delivering investment performance through active fund management. More than thirty years later, our adherence to the same principle has earned us a reputation as a successful asset manager of equity portfolios, as well as fixed income, multi-asset and absolute return strategies.
Jupiter’s investment approach revolves around one concept: we seek to deliver outperformance over the medium to long term. Alongside an active and unconstrained approach to investment we recognise the importance of environmental, social and governance (ESG) criteria. Acting upon our fiduciary role as a responsible asset manager we encourage our investment experts to be the best possible stewards of clients’ assets. We seek high standards of corporate governance from the companies in which we invest, are signatories to the UN’s Principles of Responsible Investment (PRI) and the UK Stewardship Code. We also have in-house sustainability and stewardship committees, which include the CIO, members of the board and dedicated governance and sustainability specialists.
Kempen Capital Management is a specialist asset manager with a focused approach and a clear investment philosophy. We believe in long-term stewardship for our clients and other stakeholders.
Kempen provides sustainable returns across a range of actively-managed investment strategies, fiduciary management services, manager selection, portfolio construction and monitoring.
As of 30 September 2021, Kempen Capital Management had a total of €89.1 billion in client assets under management. Kempen Capital Management is active in the impact investing arena, including the co-creation of its Global Impact Pool in 2018 with a Dutch pension fund client, as well as a long-standing Sustainable Equity capability.
ESG is a critical component of our investment philosophy. Our 275 investment professionals globally work together to generate best-in-class research, analysis, and industry insights. Each individual is responsible for identifying and sharing ESG risks and opportunities in their area of expertise and incorporating them into their investment processes. Our Co-Heads of Sustainable Investing and ESG work closely with our analysts to continue to advance our long-standing efforts to integrate ESG considerations into our research process and portfolio management capabilities across the business. Being integrated within our research teams allows them to work closely with our investment professionals and focus on ways in which we can optimally address our clients’ ESG-related needs.
Lazard is a signatory to, and a member of, several organisations that promote responsible investing and consideration of ESG issues. We are signatories to the United Nations-supported Principles for Responsible Investment (PRI), the UK Stewardship Code, and Japan’s Stewardship Code. We are also members of the International Corporate Governance Network (ICGN), Pensions and Lifetime Savings Association (PLSA), International Accounting Standards Board (IASB) Investors in Financial Reporting programme, the UK Women in Finance Charter, and Institutional Investors Group for Climate Change (IIGCC). In 2019, Lazard joined the advisory board of the Chief Executives for Corporate Purpose’s (CECP) Strategic Investor Initiative. In addition, one of our investment professionals serves on the PRI Fixed Income Advisory Committee.
Since 1848, Lazard has remained a trusted advisor to governments, financial institutions, public and private pension schemes, financial advisors, and individuals around the world. We operate from 22 cities across 16 countries and manage over £151 billion in assets globally. Our investment solutions span a wide range of global, regional, and country-specific strategies in listed equity, fixed income, and alternative investments delivered through traditional fundamental and active quantitative approaches.
LCP is among the largest independent investment advisory firms in the UK, advising on over £250bn of assets. We have over 130 investment professionals. LCP’s responsible investment and impact team has been active since 2011 when we ran our first Responsible Investment Survey. Since then we have supported clients such as charities, endowments and pension schemes in evaluating and putting in place impact strategies.
We help our clients with a broad spectrum of impact investment from setting investment policies which include explicit impact objectives to researching and implementing impact investment funds to meet their objectives. Examples of client projects include:
Most recently our focus has been understanding the investment implications of putting in place a Net Zero target and advising clients on asset allocation and manager selection to meet that target.
LGT Capital Partners Ltd is a leading alternative investment specialist that has had a strong focus on ESG for many years. Since 2003, many of our investment programs have had a responsible investment clause written into their governing documents. In 2008, we became an early signatory to the Principles for Responsible Investment (PRI), and 2018, one of the firm’s managing partners, Tycho Sneyers, joined the board of directors of PRI.
LGT Capital Partners Ltd manages over US$ 70 billion for more than 550 institutional clients in 41 countries. Headquartered in Pfaeffikon (SZ), Switzerland, the firm has offices in New York, Dublin, London, Paris, Frankfurt, Vaduz, Dubai, Beijing, Hong Kong, Tokyo and Sydney.
The Liontrust Sustainable Investment team has a track record of more than 18 years of managing funds in this way and has a 14-strong team investing in equities and bonds.
Among the team’s key differentiators is the fact that all the sustainable elements are integrated within a single team. Every team member is responsible for all aspects of financial and ESG relating to an investment decision. This means the team engages with companies across a broad range of issues relating to stages in our process, including screening criteria, sustainable investment themes and company specific ESG issues.
The team has a five-strong external Advisory Committee to provide another layer of expertise in key areas of social and environmental impact.
The Sustainable team’s investment process is based on the belief that in a fast-changing world, the companies that will thrive will be those which improve people’s quality of life, make usage of increasingly scarce resources more efficient and help build a more stable, resilient and prosperous economy.
The team uses a thematic approach to identify the key structural growth trends that will shape the global economy of the future. They then seek to invest in well run companies whose products and operations capitalise on these transformative changes.
At Lombard Odier, we believe the economy is already transitioning towards a sustainable ‘CLIC’ model that is Circular, Lean, Inclusive and Clean. This transition is fundamentally re-shaping risk and return dynamics across all sectors and asset classes. Achieving the objectives outlined in the UN Sustainable Development Goals will require a monumental, concerted effort to transform business models across all sectors. This is likely to create unprecedented value and investment opportunity. It may also mean significant, and sudden, re-pricing of assets.
We believe it is our fiduciary duty to help clients benefit from these opportunities, while also navigating the risks. Our priority is to best meet clients’ long-term objectives while fostering the transition to a CLIC economy. This is why we embed sustainability at the very heart of our investment process.
We rely on robust, forward-looking, science-based analysis to assess how well companies are positioned in relation to material sustainability issues. We actively engage with them to inform our investment decision making and to encourage them to transition towards more sustainable business practices and models. We believe this is essential to protect and enhance the value of clients’ assets, accelerate the transition to a sustainable economy, and create positive economic, environmental and social outcomes.
M&G Investments is a global asset manager with a long history investing and innovating across both public and private markets.
We’re part of M&G plc, an international savings and investment business with the ambition to deliver long term value for our investors, while working together to create a more positive future.
As an active manager we build solutions around what matters most to our clients whether it be investing for growth or income, to meet future liabilities, protect capital or invest responsibly.
Together, through a strong sense of partnership and collaboration, we support a culture of continued innovation to build long-term relationships as needs evolve over time.
We offer access to a broad range of capabilities that span both public and private assets including fixed income, equities, multi-asset, real estate, infrastructure and private equity.
Globally we manage over £271 billion (at 30 June 2020) on behalf of individual and institutional investors including pension funds, endowments and foundations, insurers, sovereign wealth funds, banks and family offices.
We recognise that clients are increasingly looking to align their investments with their environmental and social values. This is why our investment decisions are underpinned by our commitment to investing responsibly.
Considering material environmental, social and governance (ESG) factors is an integral part of our investment approach. Combining market-leading research with our own proprietary data, we believe this helps us make more informed investment decisions. We also pro-actively engage directly with the businesses we invest in to help drive positive change.
M&G has committed to reducing our own carbon emissions to net-zero by 2030 and to achieving carbon net-zero investment portfolios by 2050.
We believe sustainability drives financial value in today's markets and that ESG analysis is vital to understanding the true worth of our investments. That's why we put responsible investing at the heart of our business and culture, both as an asset manager and as a steward of our clients' capital.
In all asset classes, we’re committed to continuing to integrate ESG analysis alongside our fundamental research process, and we seek to create a positive impact by engaging with investee companies to mitigate ESG-related challenges and enhance ESG-related opportunities. We believe that identifying and assessing material sustainability issues help us protect and enhance the value of the assets we own or operate.
To us, being a good steward in the financial markets means focusing on the long term, prioritizing the sustainability of our investments and operations, and expanding the view of what matters beyond financial value.
We help steer industry-changing sustainability initiatives across the global capital markets. Through collaborating with industry peers, we amplify our impact by working with other investors to address ESG concerns among the companies, industries, and markets in our collective orbit of influence.
MJ Hudson Group PLC is a UK listed asset management consultancy that helps fund managers and investors operate more efficiently and invest more successfully. MJ Hudson’s services include investment consulting, law, regulatory solutions, ESG consulting and reporting, IR & Marketing solutions, benchmarking, transition & trading solutions, corporate services and fund administration. We work with asset managers and investors alike, many of the latter are UK and European pension funds.
As a service provider in the asset management and alternative investment industry, like our clients, we regard having an appropriate ESG framework that matches our value and beliefs as fundamental. Our ESG policy reflects the Group’s and the PLC Board’s commitment to these values and to the continual improvements of our processes, procedures and the organisation as a whole. We integrate ESG considerations in our decision-making processes and strive to maintain a high level of ESG stewardship.
We have a dedicated team that works with investors and asset managers that are looking to derive value or mitigate risk by integrating ESG and responsible investing into their processes and policies. Our services include: trustee training; creation of policies, monitoring frameworks, data capture and aggregation, fund/investment due diligence, portfolio reporting and ESG consultancy.
Montanaro is an independent investment boutique with an exclusive focus on quoted Small & MidCap. We have the largest and most experienced specialist team in Europe dedicated exclusively to researching and investing in quoted Small & MidCap companies. Our long-term “Quality Growth” investment approach is the hallmark of Montanaro. As advocates of Sustainable Capitalism, we apply a holistic approach to company analysis. Emphasis is placed on environmental, social and governance factors alongside fundamental attributes. We work closely with our companies to encourage sustainable business practices, which we believe play an integral role in the creation of long-term shareholder value.
The Montanaro Better World Fund invests in quoted Global Developed Small & MidCap companies that make a positive impact on the world. Companies within the Fund provide products or services that are helping to solve some of the world’s major problems. Investments are aligned to six themes that support the United Nations Sustainable Development Goals. The Fund only invests in businesses with at least 50% of revenue attributable to these themes. In addition, the wider operational footprint of investee companies is considered as part of a detailed research process, allowing Montanaro to assess a company’s “net” impact. The Fund has been awarded a 5 Star rating by 3D Investing and the “Label ISR” from the French Finance Ministry.
At Natixis we distinguish between different kinds of ESG investing, but in all that we do we focus on activities that truly make a difference.
Natixis Investment Managers as a group has committed to responsible investment as defined by the UN-backed Principles for Responsible Investment (PRI):
Natixis Investment Managers is a PRI signatory and all of our affiliates recognize these principles; most of our affiliates are also PRI signatories in their own right (covering 89% of AuM).
Because of the unique characteristics of our multi-affiliate model, affiliates implement ESG approaches to ESG Integration and active ownership that match their DNA. It's a model that offers active investment solutions from over 20 high-conviction investment managers, offering more than 200 strategies that cover liquid and illiquid strategies across private equity, infrastructure, real estate and private debt.
Many of our affiliates are also involved in 'outcome-oriented ESG investing' – achieving explicitly defined societal or investment goals based on high conviction ESG strategies.
Neuberger Berman is a private, independent, employee-owned investment manager with $304 bn1 in assets under management. More than 2,000 employees, including 604 investment professionals, operate from offices across 22 countries to service our clients including institutions, family offices, advisors and individuals.
We offer investment solutions across asset classes, capitalizations, styles and geographies in both public and private markets, as well as multi-asset class solutions that bring them all together.
As a firm, we believe that material environmental, social and governance characteristics are an important driver of long-term investment returns from both an opportunity and a risk mitigation perspective. We also understand that for many of our clients the impact of their portfolio is an important consideration in conjunction with investment performance.
The broad implementation of the consideration of social and environment impact in investment portfolios will require market participants to work together to develop shared impact infrastructure, especially with regard to its measurement and management. Neuberger Berman is working collaboratively with industry associations and peers to help shape the future of the industry and to deliver solutions for our clients.
1 As of 31 December 2018
Newton Investment Management is a London-based, global investment management firm, providing a focused range of investment strategies to public and private-sector DB and DC pension plans, corporations, charities, and, via BNY Mellon, individuals. We have particular expertise in absolute-return, income-focused, high-conviction and sustainable investing.
We use bottom-up security selection in the context of a thematic framework to manage strategies to help secure our clients’ futures. We integrate environmental, social and governance (ESG) research into our security selection process across all investments. We believe that the long-term value of an investment is ultimately driven by the relationship between and among all stakeholders (e.g. directors, investors, customers, suppliers, employees, the environment, society and regulators), and that understanding the materiality of ESG issues improves our investment decision-making.
Our sustainable strategies build on this integrated process by targeting a dual outcome of investment returns and positive societal outcomes. Principles-based red lines prohibit investment in tobacco, companies that violate the UN Global Compact’s ten principles, and companies and governments that we deem incompatible with limiting global warming.
We aim to help our clients make a positive difference to people and the planet while delivering long-term investment returns. We do so through comprehensive integration of sustainability considerations into our investment strategies with all our strategies incorporating ESG factors. We also offer dedicated strategies targeting opportunities arising from the world’s transition to a more sustainable model.
With our roots in Africa, we know that well-directed investment can transform lives for the better. For over a decade, we have been investing in economic development in Africa, mobilising finance to bring health and prosperity to some of the continent’s poorest communities. We also care deeply about preserving the natural world. As well as investing sustainably, we support initiatives to conserve wildlife.
As an active investor, we engage with companies and governments to encourage them to address sustainability and improve their ESG performance. We believe strongly in the power of engagement to effect positive change. We also aim to act sustainably in our engagement with clients, communities and other stakeholders — and in the way we inhabit our own environment.
“By investing sustainably, we aim to help people lead better lives in a better world.” – Hendrik du Toit, CEO Ninety One
Nuveen, the investment management arm of TIAA, is one of the largest investment managers in the world with $1.2 trillion in assets under management.
Managing a broad array of assets across diverse asset classes, geographies, and investment styles, we offer solutions for a range of investors including pension funds, insurance companies, sovereign wealth funds, banks and family offices.
We provide investors access to a wide range of liquid and illiquid alternative strategies such as real estate, real assets (farmland, timber, infrastructure) and private capital, in addition to both traditional equity and fixed income assets.
Our heritage providing retirement plans means we wholly understand the challenges other like-minded investors face. We have successfully been investing through market cycles for over 120 years, for both ourselves and our investment partners. We do this with our best-in-class multi-affiliate model.
Source: Nuveen, 31 March, 2021.
Pantheon is an experienced investor in global private markets, with 39 years’ experience spanning private equity, infrastructure & real assets and private debt markets. We employ approximately 360 staff, over 100 of whom are investment professionals, and manage in excess of $58 billion* in assets under management from our offices in London, New York, San Francisco, Hong Kong, Seoul, Tokyo, Bogotá and Dublin.
Partners Group is a leading global private markets investment manager with over USD 109 billion in assets under management and more than 1500 professionals across 20 offices worldwide.
Partners Group has a long-standing commitment to Responsible Investment, having been one of the first private markets asset managers to become a signatory of the UNPRI in 2008. Responsible Investment is also embedded within Partners Group’s core values, as written in the firm’s charter: “We manage assets with a long-term perspective to the benefit of individuals and societies worldwide. We aspire to be a role model in corporate responsibility and we continuously raise environmental, social and governance standards.”
Over the years, Partners Group has developed its own ESG Integration Methodology, which is applied to every investment opportunity and ensures material ESG factors are integrated throughout the investment cycle, from sourcing to diligence through to ownership, across all private markets asset classes.
PfP Capital is a fund management business established by Places for People. Its objective is to create a suite of residential funds, raising equity and investing in regeneration and rental property across all tenures including established PRS, Build to Rent, retirement and affordable homes. Leveraging Places for People Group’s expertise in placemaking, property management and measurable social value PfP Capital adds its own FCA-regulated fund management expertise to offer investors stable returns and ongoing value growth.
At its core, PfP Capital is a socially-conscious fund manager which provides institutional investors an opportunity to deploy capital into residential real estate in a responsible manner. This approach protects and enhances asset values and improves long term investment performance. The Group has an unrivalled tracked record of placemaking and makes long-term commitments to the communities it serves. The focus of the Group is to use commercial methods to deliver social outcomes while delivering stable returns over the long term.
As a result of Places for People Group’s not-for-dividend status, any financial surplus achieved is reinvested into its core business of creating sustainable places.
Pictet Asset Management is an independent asset manager, overseeing over GBP 147 billion (as at 30 September 2018) for our clients across a range of equity, fixed income, alternative and multi asset products. We provide specialist investment services through segregated accounts and investment funds to some of the world’s largest pension funds, financial institutions, sovereign wealth funds, intermediaries and their clients.
Our commitment to responsible investment
We are convinced that Environmental, Social and Governance (ESG) considerations can help us make better long-term investment decisions for our clients. For decades, sustainability has been central to our way of thinking. Since the Pictet Group was founded in 1805, we have aimed to ensure the prosperity of our clients over the long term. In doing so, we have instinctively considered the interests of future generations. Pictet Asset Management believes in responsible capitalism and takes an enlarged view of the economy and its interactions with civil society and the natural environment.
Consistent with our fiduciary duty to act in the best interests of our clients and our adherence to the UN Principles for Responsible Investment (UN PRI), we are committed to integrating material ESG criteria in our investment processes and ownership practices with a view to enhance returns and/or mitigate risks. We also aim to embed ESG in our risk management and reporting tools in order to maintain high standards of transparency and accountability.
PIMCO is one of the world’s premier fixed income investment managers. In the nearly 50 years since our launch in 1971 in Newport Beach, California, we have worked with millions of investors to pursue their objectives through shifting cycles and market conditions. PIMCO is committed to the integration of Environmental, Social and Governance (ESG) factors in our entire investment process, as well as developing innovative ESG solutions for clients. We manage a range of ESG-focused mutual funds and separate accounts founded on the belief that it’s possible to achieve both attractive financial returns and positive change. Within PIMCO’s dedicated ESG strategies, we focus on identifying and engaging with companies that have the ability and willingness to improve ESG-related business practices. We believe that successful engagement has the potential to lower credit risk, unlock value and influence change. As one of the world’s largest fixed income managers, we believe we are uniquely positioned to partner with bond issuers for the long term to help them achieve their climate and sustainability goals. Our goal is not just to find opportunities, but to create them by engaging with issuers.
As a purpose-led business, Pinsent Masons aspire to make business work better for people - this goes beyond legal expertise. We help our clients make responsible business central to their strategy, enabling them to achieve their goals and to do business the right way, for the right reasons.
Impact investing is a rapidly growing area of expertise for our international investment funds & asset management team. We work alongside a diverse range of clients (including fund sponsors, asset managers, development finance institutions, government agencies, not for profit organisations and investors) to structure, launch and invest in impact funds committed to making a positive social and environmental impact through their investments, without sacrificing returns.
The Quinbrook Infrastructure Partners group (‘Quinbrook’) is a specialist investment manager focused on lower carbon and renewable energy infrastructure investment and operational asset management in the US, UK and Australia. Quinbrook was founded in 2015 by David Scaysbrook and Rory Quinlan, experienced power industry professionals and investment managers who have been working together for over 15 years. Quinbrook has completed multiple investments in both utility and distributed scale wind power, reserve power gas plants, and ‘smart grid’ projects in the US, UK and Australia.
Quinbrook’s value-add investment strategy targets higher returns from a combination of new asset development and construction, and operational improvement of assets. Quinbrook believes strongly in delivering tangible ESG outcomes such as job creation, economic stimulus, community benefit and environmental improvement, as well as clear and concise ESG reporting. Quinbrook recently announced the signing of a Power Purchase Agreement (PPA) for Gemini, believed to be (at the time) the world’s largest solar and battery storage project which is expected to:
Record Currency Management is a leading currency asset manager. Though specialising in an underexplored asset class with respect to responsible investment, Record has pioneered research into ESG investment in currency, developing an emerging market ESG currency product back in 2018. Since, sustained research has developed further understanding and supported innovation in Impact products, as well as an ESG/Impact counterparty engagement process. We work collaboratively with clients and other researchers to broaden our understanding and contribute to the important debates occurring in a fast-developing, though nascent, market. In this vein, the firm branched out into the Impact bond space in 2019. Using Record’s own funds to invest in bonds from multilateral organisations aimed at supporting developments pertaining to the UN SDGs, Record hopes to assist with this development and achieve impact, as well as seizing an opportunity to gain experience in dealing, holding and reporting on impact bonds in order to obtain a competitive and trusted understanding of the market, which can underscore future Impact products for clients.
An ESG committee established at the beginning of 2020 assumes responsibility for the coordination of progress with respect to firm, product and industry level ESG/Impact developments. As part of this, sustainability officer positions were created to formally represent responsibility within the firm. From junior to board level, sustainable investment is a key focus as Record recognises both the financial and moral case for its centrality in decision-making, for the firm, clients and wider stakeholders.
Redington is a purpose-driven firm on a mission to help make 100 million people financially secure – for the benefit of people and planet. Sustainability plays a key role in helping us achieve this.
We believe there’s little point in securing income for retirement if the world is uninhabitable. Therefore, we’re committed to using our influence as an adviser to over £600bn of client assets, allocated across 150+ asset managers, as a force for good – creating positive change within the savings and investment industry and building a sustainable future for all.
To do this, we’re taking steps to integrate sustainability across our entire business, which involves:
Building a sustainable future won’t be easy. But through collaboration with our clients, asset managers, industry peers and policymakers, we believe we can make a real difference.
Resonance builds and manages impact investment funds which seek to focus investment capital even more strongly on investments which have a defined and intentional positive impact on specific social issues – from financing the assets local communities need to remain resilient, to building the property portfolios which social sector organisations need to deliver their impact, to direct lending to growing businesses which are using a “social enterprise” approach to deliver both robust profits and intentional solutions to social issues.
We have 15 years’ track record in UK focused impact investment across a wide range of sectors, including a series of award winning, institutional grade property funds, and a team of over 30 professionals based across the country giving us reach and insight in the regions in which we invest.
Our unique approach to property investment is allowing us to build institutional grade funds with diversified residential portfolios at scale across the country, accessing under-served markets, reducing risks, and generating an attractive blend of yield and capital appreciation, whilst creating long term benefit to the society into which pensioners will retire.
River and Mercantile Group is a leading fiduciary management, equity solutions and derivatives business that focuses on providing outcome-oriented propositions and delivering investment growth to all our clients. Across the Group, we integrate ESG into our investment processes and practises, as well as work with all our trustees to help them understand the importance of including responsible and impact investments in their portfolios. Our ESG approach is driven by our firmwide ESG Committee which contains representatives from across the business, ensuring both our client considerations and the broader ESG backdrop are accounted for within our decision-making framework. Not only are we in the fortunate position of understanding the regulatory framework - and therefore able to provide trustees with advice on this – but also being asset owners, we understand the best ways to drive change, through engagement, within the companies we own.
At the Group level, our approach to ESG is embedded through Community, Environment and Stewardship, which we believe promotes a sustainable future that benefits all. Examples of these include recent charitable donations to support local communities impacted by Covid-19, both in the UK and US; implementation of a green-friendly working environment that reduces our carbon footprint; becoming signatories of the Principles for Responsible Investment (PRI) and subsequently achieving an A+ for our first report. As a firm we are aware that we have a duty that stretches beyond our core activities, and the ESG Committee works closely with our clients, colleagues and peers to ensure we continue to strive to display best in class practises across all levels of ESG engagement.
We are a thematic specialist and believe there’s a better way to invest in the future. Our ETFs provide investors with unprecedented access to the megatrends that are transforming our world in a way that’s accessible, transparent and purpose-built.
To us, thematic investing is about the future we want to live in. We believe that acute change to the way capital is currently being deployed is needed if we are to see support for the most meaningful and transformative growth stories of tomorrow.
Our strapline “Future First ETFs” is an authentic reflection of our approach to investing, which seeks to take a long-term view on the world we want to live in the future, and invest accordingly in the thematic opportunities that we believe will help get us there. We believe we’re creating a new approach to investing; one that enables investors of all stripes to invest in the future whilst remaining on the right side of history.
Robeco is a pure play asset manager founded in 1929 and headquartered in the Netherlands, Robeco has a presence in 15 countries worldwide and manages £148 billion in assets for institutional and individual investors. Through our fundamental, quantitative and sustainability research, Robeco offers investors a compelling range of active investment strategies and services, covering a spectrum of asset classes.
As a strong advocate of responsible investing, ESG factors have been integrated into Robeco’s investment processes for over 20 years. Our in-house active ownership team uses voting rights and strategic engagement with companies in which we invest to maximise our sustainability impact. In 2018 we obtained an A+ score for all modules of our PRI Assessment and were the LAPF Impact Manager of 2017 and 2018.
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Russell Investments is a leading global multi-asset manager that delivers investment portfolios that combine advice, investments and implementation. Russell Investments stands with institutional investors, financial advisers and individuals working with their advisors — using the firm’s core capabilities that extend across capital market insights, manager research, asset allocation, portfolio implementation and factor exposures — to help each achieve their desired investment outcomes.
We believe that a sound awareness of environment, social and governance (ESG) factors and a robust process can help to deliver strong investment returns and meet objectives over the long term. As our clients become more committed to reflecting their views on ESG issues in their investment portfolios, we have developed: decarbonisation strategies, systematic ESG scoring methodologies and flexible implementation systems to help our clients ‘meet their investment objectives. The firm has been a signatory to the United Nations’ Principles for Responsible Investment since 2009. In the PRI 2019 assessment we were awarded an A/A+ rating for our approach to responsible investing.
Sackers are the UK’s leading specialist law firm for pension scheme trustees, employers, corporate investors and providers. Our finance and investment team has many years of experience advising on the legal aspects of pension fund investment and have been leading voices in the environmental, social and corporate governance(ESG) debate for a number of years.
Our lawyers are assisting pension fund trustees break new ground to develop and implement responsible investment practices. Our advice ranges from the conceptual (including fiduciary duties of trustees) to the practical such as manager terms to embed ESG approaches into pension fund portfolios. Our experts are involved in a number of industry groups and initiatives and are frequently called upon by industry colleagues and press to comment on the detail and impact of the latest proposals from the Government and working groups in this area.
Sarasin & Partners invests thematically and sustainably on behalf of a range of institutional, charity and discretionary clients. We believe investment has the power to grow and protect capital in a way that benefits society.
We take a global, long-term, thematic approach to investing – with responsible investment at its core. We identify powerful trends that will shape the investment landscape for years to come, and embed stewardship into our investment process. We believe that integrated ESG considerations, active ownership and impactful policy outreach improve financial outcomes and contribute responsibly to society.
Our five megatrends drive our investment approach: Digitalisation, Automation, Ageing, Evolving Consumption and Climate Change. Our thematic investment approach is complemented by our focus on stewardship.
Schroders has been incorporating ESG considerations into its fundamental research and stock selection process for over 20 years. We published our first corporate governance policy in 1998, followed by our responsible investment policy in 2001. Since then, the information and tools available to us, our resources, the depth of our expertise and our approach to integrating responsible investment principles have evolved, but our commitment has remained the same: to be active owners of the companies in which we invest and to reflect ESG factors within our investment process.
As responsible investors and signatories to the UN’s Principles for Responsible Investment (PRI) we consider the long-term risks and opportunities that will affect the resilience of the assets in which we invest. From choosing the right assets, to engaging with our investments, positive principles guide our actions. We believe this approach leads to better outcomes for clients and should be part of every investment process.
Sustainability is mission critical to us at Schroders, both as an investor and as a company, and lies at the heart of our purpose and stakeholder relationships.
SDG INVESTMENTS – WE MAKE THE SUSTAINABLE DEVELOPMENT GOALS INVESTABLE!
SDG INVESTMENTS is a digital matching platform for financial instruments and investment products, where the use of proceeds contributes to the Sustainable Development Goals (SDGs) of the United Nations. The platform bridges the gap between project sponsors and institutional investors, allowing them to find sustainable investments which meet their individual investment criteria. Project sponsors upload their financing needs, and investors log their investment criteria, including the SDG they want to support, on the platform. The platform will match funding needs with investment demand, and automatically notifies investors of relevant investment opportunities. Thus, SDG INVESTMENTS increase the transparency and efficiency of the investment process for sustainable investments.
Since 2017, SDG INVESTMENTS has facilitated financing for projects spanning from renewable energy and energy efficiency to micro-mobility, quality education and sustainable farming, arranging for the provision of equity and debt as well as the sale of real assets.
Established in 2007, SilverStreet Capital is a UK-based investment advisor regulated by the FCA, managing agricultural strategies. Its objective is to seek attractive returns for investors while achieving a substantial positive social, environmental and climate impact.
SilverStreet benefits from:
SilverStreet’s agricultural expertise enables them to identify unique opportunities with attractive risk-return profiles and substantial positive impact. Investments are largely uncorrelated to the main global economic cycles and asset classes.
SilverStreet manages the largest African agricultural fund. Its main impact targets are to increase smallholder farmer incomes and reduce climate change risks. Many crop value chains have not yet been fully developed and this represents an exciting opportunity to invest to fill a key missing piece and enable the entire value chain. Such an investment creates an early-mover advantage for the business and a substantial multiplier effect for others across that entire value chain. Smallholder farmers can achieve higher incomes through access to better inputs or markets for higher value crops. Deforestation can be reduced by introducing smallholder farmers to conservation farming techniques and through the provision of improved inputs.
Our 45+ pensions lawyers are located in each of our four UK offices (London, Birmingham, Leeds and Manchester) and we have pensions and benefits specialists in 23 of our overseas offices. We are supported by experts across the firm (domestically and internationally) in financial services, tax, labour and employment, disputes and commercial law.
Our clients include trustees and corporate sponsors of private sector defined benefit and defined contribution pension schemes of all sizes. We are experts in the Local Government Pension Scheme (LGPS) and have acted for almost half of the funds in the LGPS in England and Wales. We have also advised government bodies, non-departmental public bodies, investment managers, insurers, pension intermediaries and, with our Institutional Investors Practice Group colleagues, sovereign wealth funds. We have a broad perspective on pensions issues due to the diversity of our client base.
We are experts in supporting investment choices and the impact of environmental, social and governance factors, including climate change.
The directors of our professional trustee company, The Trustee Corporation Limited bring practical experience to the task of making investment choices and taking account of all material factors, including ESG factors.
For four decades, State Street Global Advisors has served the world’s governments, institutions and financial advisors. With a rigorous, risk-aware approach built on research, analysis and market-tested experience, we build from a breadth of active and index strategies to create cost-effective solutions. As stewards, we help portfolio companies see that what is fair for people and sustainable for the planet can deliver long-term performance. And, as pioneers in index, ETF, and ESG investing, we are always inventing new ways to invest. As a result, we have become the world’s third-largest asset manager with US $3.47 trillion* under our care.
*This figure is presented as of December 31, 2020 and includes approximately $75.17 billion of assets with respect to SPDR products for which State Street Global Advisors Funds Distributors, LLC (SSGA FD) acts solely as the marketing agent. SSGA FD and State Street Global Advisors are affiliated.
StepStone is a global private markets firm overseeing over US$255 billion of private capital allocations, including more than US$51 billion of assets under management. The Firm creates customized portfolios using a highly disciplined research-focused approach that prudently integrates fund investments, secondaries, and co-investments. StepStone offers customized private markets solutions to institutional clients using industry leading analytics and research capabilities, with a focus on providing highly responsive and collaborative client service. The Firm covers global private markets across multiple sectors and operates from 18 offices in 13 countries.
StepStone believes that environmental concern, social responsibility, and balanced corporate governance can be significant factors in long term value creation. ESG considerations are a critical part of StepStone’s due diligence and are viewed as essential to properly mitigating and measuring risk. The Firm has a dedicated ESG committee and became an UNPRI signatory in 2013.
The Sustainable Funds Group 'SFG' at Stewart Investors is a specialist in sustainable investing. The team launched its first sustainable development fund in 2005 and runs strategies investing in Asian, global emerging markets, worldwide, Europe and the Indian subcontinent. Portfolios are invested in high-quality companies that are well positioned to contribute to, and benefit from, sustainable development. The team engages to improve social and environmental outcomes and all holdings are mapped against the SDGs.
Holdings are also mapped against project drawdown. This shows that c. 75% of the investments are contributing to climate change solutions. This includes companies directly and indirectly involved in renewable energy, energy efficiency, recycling, reduced food waste and EVs. The portfolios have 70% + lower carbon emissions exposure versus the relevant MSCI benchmarks (using MSCI data). SFG has reservations about focussing on a single metric to combat climate change and is engaging with businesses to improve climate, pollution and biodiversity outcomes.
SFG’s approach to investing in sustainable development also considers human development and social factors. Themes like health and well-being, education, housing and financial inclusion are well represented in the portfolios. The holdings have been mapped to SFG’s human development pillars. Diversity and inclusion and remuneration are important engagement themes.
Founded in 1937, T. Rowe Price is built on the enduring philosophy of our founder; meeting clients’ individual needs. For over 80 years and through changing investment and economic environments, the core principles that guide our business have remained the same. Today, T. Rowe Price is one of the largest investment firms in the world, managing £1.2 trillion for clients in 50 countries.
As a global investment manager, we actively listen and anticipate developing strategies that respond to the needs of our clients to help them achieve their long-term financial goals. Each strategy is supported by our proprietary global research platform and experienced investment teams. Our analysts and portfolio managers work together across regions, sectors, and asset classes to identify investment opportunities others might miss.
Environmental, Social and Governance factors are a key consideration in our investment approach and are fully integrated into our investment process.
T. Rowe Price is a signatory of the UN Global Compact and has been a signatory of the Principles for Responsible Investment (PRI) since 2010. We have developed a suite of socially responsible and impact investing products to align with our clients’ values and create positive environmental or societal outcomes.
*Figures as at 30 September 2021
The Good Economy Partnership (TGE) is a social advisory firm dedicated to inclusive business and finance as drivers of inclusive and sustainable economic development. Established in 2015, TGE has rapidly established itself as a trusted advisor and thought leader working at the forefront of the converging areas of sustainable development, impact investing and mainstream finance, both in the UK and internationally. We work with clients that share our values and are committed to financial innovation as a driver of change in the Good Economy – ‘an economy that works for everyone’.
We offer a unique blend of strategy consulting, product development, research and impact measurement and management services that enable clients to develop new impact investment products or measure, manage and report on their impact. TGE’s diverse clients include large-scale asset managers, private equity investors, specialist social impact investors, development finance institutions, businesses, social enterprises, charities and government bodies. As of June 2018, our clients manage over £1.5 billion in impact investing assets.
Tikehau Capital is a global alternative asset management group with €28.5bn AUM and has developed a wide range of expertise across four business lines:
Tikehau Capital is a founder-led team with a differentiated business model, a strong balance sheet, proprietary global deal flow and a track record of backing high quality companies and executives. The firm employs c.600 staff in 12 countries worldwide and invests its own shareholders’ equity in each strategy it manages for investors.
Tikehau Capital is committed to managing the long-term savings entrusted to it by investors all over the world in a sustainable, efficient and responsible manner. The aim of creating long-term value, the cornerstone of the Group’s strategy, leads the Tikehau Capital teams to provide financing and investment solutions that are tailored to the needs of companies, the lifeblood of the economy.
ESG factors are just as important as economic, financial and operational considerations in each strategy and fully integrated in our investment process. To move towards more virtuous models, Tikehau Capital has developed dedicated strategies and vehicles with a positive impact on climate change, healthcare, innovation and social inclusion. At the same time, we continue to work hand-in-hand with portfolio companies from a wide array of sectors committed to defining more sustainable roadmaps.
Triodos Investment Management is a globally recognised leader in impact investing – offering investable solutions to addressing today’s challenges. We connect a broad range of investors who want to make their money work for lasting, positive change with innovative entrepreneurs and sustainable businesses doing just that. In doing so, we serve as a catalyst in sectors that are key in the transition to a world that is fairer, more sustainable and humane.
With our highly professional investment teams, we have built up in-depth knowledge throughout our 25 years of impact investing in sectors such as Energy & Climate, Inclusive Finance, Sustainable Food & Agriculture, and Sustainable Real Estate. Besides the 500+ direct impact investments in these sectors, we invest in listed companies with an above-average environmental, social and governance (ESG) performance. With investments in 50+ countries Triodos Investment Management truly is a global player.
Triodos Investment Management is wholly-owned subsidiary of Triodos Bank NV, one of the world’s leading sustainable banks.
For over 15 years, Triple Point has focused on investing responsibly and delivering a positive outcome for all parties. We believe that by investing fairly and responsibly for the long term, we can deliver both attractive financial returns and make a positive impact.
Our focus on leasing and lending to the public sector, NHS and charities for equipment including ambulances, baby monitors and electric streetsweepers has evolved to include renewable energy and supported social housing. We have also raised capital to provide equity funding for socially impactful growth businesses. We target four key areas: health, education, the environment and inequality.
Triple Point was a pioneer of Social Impact Investment Relief (‘SITR’) which led to the launch of our Impact EIS fund. This fund targets capital growth by investing in companies with a commercial proposition that make a measurable positive impact to society.
To date our renewable energy credentials include over £150m of investments in solar, hydro and anaerobic digestion projects, and in 2018 Triple Point was chosen by the Department for Business Energy and Industrial Strategy to manage their £320m investment programme to promote energy efficient heat networks.
Through our Social Housing Fund we invest in properties that house vulnerable adults. Last year we accommodated over 1,000 individuals in high quality housing, supporting them to live a fulfilling and independent life within their communities.
Broadening the Definition of Value – the UBP Positive Impact platform
UBP is a Swiss family-owned business with CHF 134bn worth of assets under management and a firm belief that sustainable and responsible investment choices are beneficial for long-term returns.
That belief is manifested by UBP’s strong and evolving Responsible Investment Policy, and our Impact Investing platform is a clear example of the innovation arising from this approach.
There are relatively few listed equity funds investing solely in companies whose revenue streams come from activities that positively impact society and the environment. UBP’s platform places a strong emphasis on these objectives and we have developed a unique investment process, including bottom-up research and corporate engagement, to measure the impact generated.
Multi-lateral engagement furthers our efforts and UBP’s commitment is shown in various ways: as well as being signatories of the UNPRI since 2012 and members of Geneva Sustainable Finance, UBP is particularly proud to be a member of the Cambridge Institute for Sustainability Leadership’s (CISL) “Investment Leaders Group”. We most recently contributed to a report on impact measurement, the goal being to achieve a meaningful, standardised set of industry-wide metrics to increase the comparability of funds from an extra-financial perspective. UBP is also a founding member of The Big Exchange, a mission-led, mobile-first financial services initiative that will offer affordable positive impact funds to retail investors.
Union Investment considers sustainability to be a core element of the cooperative principles by which it operates. For more than 60 years, our mission has been to focus on the long term and to achieve a holistic view of the markets, of developments, and of the needs of our investors. It is now almost 30 years since we launched our first investment fund that took sustainability criteria into account, and we have been steadfastly developing our expertise ever since.With € 55 billion sustainable assets under management (30.06.2020), we are aware of our responsibilities as Germany’s market leader for sustainable investments. As well as the comprehensive integration of environmental, social and corporate governance (ESG) aspects into our investment process, we want to play a role in making our future sustainable by steadily stepping up our engagement activities and collaborative work.
Wellington Management is one of the largest independent investment management firms in the world, serving as a trusted adviser for institutions in over 60 countries. Our innovative investment solutions are built on the strength of rigorous, proprietary research and span nearly all sectors of the global securities markets.
As a private firm whose sole business is investment management, our long-term view and interests are aligned with those of our clients. And to better assess risks and opportunities in client portfolios, we have integrated the analysis of environmental, social, and corporate governance (ESG) factors into our investment and risk-management processes firmwide. Our dedicated ESG team provides our investors with proprietary research and insight to support ESG considerations, incorporating analytics, company engagement, and in-depth portfolio reviews.
Wellington has entered into a collaborative initiative with the Woodwell Climate Research Center — the world’s leading independent climate research institute — to integrate climate science and asset management. Our new alliance will focus on creating quantitative models to help analyse and better understand how and where climate change may impact global capital markets. A broad range of projects are planned, including developing investor tools and innovative analytical methods seeking to improve climate risk assessment and investment outcomes.
WHEB Asset Management is a positive impact investor focused on the opportunities created by the transition to a low carbon and sustainable global economy. We seek to generate superior returns from global equities by investing in companies providing solutions to some of the most serious environmental and social challenges facing mankind over the coming decades. The business is focussed on a single global equity strategy, which has been developed over the long-term and tested across market cycles. Our corporate mission in support of this aim is to “advance sustainability and create prosperity through positive impact investments”. We believe a focus on positive impact is an attractive source of investment return for the genuinely long term and fundamental investor. We are an owner managed partnership that is incentivised to take long-term decisions and put our client’s interests first.
XPS Pensions Group is a leading UK pensions consultancy. We believe ESG and climate change considerations are an integral component of investment decision making and that good stewardship should not be seen as an “optional extra” for investors. Further we believe that taking a long term approach to investment goes hand in hand with taking a sustainable approach and that good quality investment strategy and investment management will represent sustainable investment. We recognise pension schemes and the industry as a whole are on a journey, and we are therefore focussed on providing trustees with education and a practical framework to implement their investment beliefs in relation responsible, sustainable and impact investing, whilst continuously evolving along with the industry.
Our research framework provides trustees with transparency on their underlying managers’ approach to ESG, climate change and stewardship along with the platform to choose managers that are more aligned to their investment beliefs. As impact investing gains momentum, we want to be at forefront of helping our clients achieve their financial goals alongside contributing to a positive future.