Liontrust GF SF European Corporate Bond Impact Report Q2 2020 - Flipbook - Page 13
Additional ESG metrics
Annual staff turnover is the % of staff leaving in a year.
This analysis shows the fund has a weighted average
staff turnover which is higher than the market it invests
in (18% for fund versus 11% for the market it invests in).
What we find most notable about this metric is the lack of disclosure
by companies with less than 24% of companies disclosing this
information. It is for this reason that engaging with companies to get
them to participate in the Work Disclosure Initiative is so important.
Worker well-being is one of our six 2020 priority engagement
initiatives. We want companies to better disclose meaningful data
on how they are managing their staff so we can better analyse this
and engagement with companies on areas where they need to
improve this aspect of their business.
Social: staff turnover (%)*
Data coverage – Social: staff turnover (%)
% weight
number of
companies
GF SF EU Corporate Bond fund
19%
24%
Benchmark: iBoxx Euro Corporates all maturities
23%
22%
20%
18%
15%
11%
10%
5%
0%
Liontrust GF Sustainable Future
Benchmark: iBoxx Euro
European Corporate Bond Fund
Corporates all maturities
Source: MSCI Analytics and Liontrust as at 31 July 2020.
*Weighted average for companies which disclose
Liontrust GF Sustainable Future European Corporate Bond Fund - 13
