Liontrust Responsible Capitalism Report 2021 - Flipbook - Page 16
LIONTRUST’S RESPONSIBLE CAPITALISM OBJECTIVES FOR
CALENDAR YEAR 2023
Liontrust aims to enhance Responsible Capitalism across the Group and its investments in a number of ways in 2023. These objectives link
directly with the Group’s purpose and also with its overall strategy to grow the business by way of its seven strategic pillars listed on the
previous page.
Plc / Investments
Area
Description
Investments
Data and insights
• The Responsible Capitalism team will continue to assist the investment teams in
assessing and reporting on materiality for holdings and engagement.
• The Responsible Capitalism team will continue to capture the insights from the
investment teams to build a data set for analysis, auditing, and reporting purposes
and to enable the teams to evidence more effectively what they do.
Plc
IT systems
The Responsible Capitalism team, working with the business, will work towards
developing a bespoke system to house data and ESG-related insights for our
investment teams (and/or for its Responsible Capitalism team) for the purposes of
auditing, analysis and tracking the data and for reporting to clients.
Carbon scenario testing
For teams committing AuMA to the Group’s net zero commitment (with NZAMi),
Liontrust will review creating functionality that will enable investment teams to
understand the potential impact of their investment decisions on fund carbon metrics.
Training and mentoring
The Responsible Capitalism team will work closely with Liontrust’s HR department to
continue developing Liontrust’s mentoring programme, internship and graduate training
programmes (or similar).
Environmental footprint – waste
and water
The Responsible Capitalism team may measure the Group’s current (baseline)
environmental footprint for waste, water (and other related areas) and set targets for
these reductions.
Carbon and risk
The Group may consider more effective ways to undertake carbon scenario testing in
Liontrust’s risk management framework and explore science based targets (SBT) for the
Group’s operations.
Senior Leadership Training
The Group will continue the work started in 2022 for training senior leaders across
the business in terms of collaborative working practices, mentoring and supporting
teams, and ensuring a cohesive culture.
LIONTRUST’S OPERATING PHILOSOPHY
Liontrust strives for excellence in its products, service and people,
and prides itself on the quality of its investment teams as well as the
knowledge and ability of its employees across the business. The
Group seeks to provide first-class service and is transparent about the
management of its investment products, services and the business. It
aspires to communicate clearly and frequently to all stakeholders.
Liontrust is client focused. Clients are at the heart of the Group’s business
decisions, operational planning, risk management, fund innovation,
and day-to-day operations. The Group is undertaking a major course
of work to fulfil the FCA’s Consumer Duty, aiming to understand and
ensure investor needs are met across every part of Liontrust’s business.
The Group values its independence of thought. Liontrust’s fund
managers have the courage of their convictions, which are derived
from their differentiated and rigorous investment processes. The Group
16 - Responsible Capitalism Report 2022
believes investment processes are key to long-term performance and
effective risk control. Staying true to their documented investment
processes helps to create an in-built risk control for fund managers,
especially in more challenging environments, by preventing them from
investing in companies and funds for the wrong reasons. Being clear
and transparent on investment processes means investors in Liontrust
funds and portfolios know exactly how each team manages their
money.
Liontrust also believes that a diverse workforce promotes innovation
and growth through independent thinking and new ideas. Group
employees are responsible for supporting each other, collaborating
and being open to challenge and debate. All employees have a
responsibility to act in the best interests of investors and shareholders.
Liontrust seeks to uphold the highest standards of integrity in all of its
actions.