Liontrust Responsible Capitalism Report 2021 - Flipbook - Page 36
Groups/efforts that Liontrust supports
The following groups are supported by Liontrust entities:
Group / effort
Liontrust entity
Purpose / Action
Evaluation of outcome / success
Montreal Carbon Pledge
Liontrust Investment Partners LLP
Liontrust’s Sustainable Investment
funds became a signatory in 2021.
The Sustainable Investment team
continues to report along this
commitment.
30% Club Investor Group
Liontrust Investment Partners LLP
Member of the Investor Group.
The Group supports this initiative.
Supporters – Liontrust’s Sustainable
Investment team encourages target
companies to report on their human
capital management metrics.
The Sustainable Investment team
have actively supported the WDI in
its engagements with holdings and
promoted more transparent reporting
on human capital metrics.
Liontrust supports TCFD and
publishes its TCFD report in its
Annual Report and Accounts.
Liontrust reports along the TCFD
guidelines.
Workforce Disclosure Initiative (WDI) Liontrust Investment Partners LLP
TCFD (Taskforce on Climate-Related
Financial Disclosures)
Liontrust Asset Management Plc
From 2023 the Group will publish
a standalone TCFD report on our
website by 30 June.
Diversity Project
Liontrust Asset Management Plc
How Liontrust’s aligns its investments with industry initiatives
Liontrust works across financials, Responsible Capitalism, ESG
and stewardship to donate its time and expertise to help markets
function more smoothly and effectively; to assist with providing
education in ESG and stewardship; and to understand where the
market is headed so that the Group can manage its own (current
and upcoming) risks more effectively.
There are two aspects in which Liontrust has aligned its investments
with industry initiatives for Responsible Capitalism. First, around
one-third of the Group’s AuMA is managed by Liontrust’s Sustainable
investment team, which incorporates the use of ESG-related screens,
themes, and its proprietary sustainability matrix when making
investment decisions. This provision of ESG sustainable funds for
clients directly supports, partially or wholly, the work of many of the
groups and associations that Liontrust supports in terms of ESG and
sustainable investing.
Second, most of the groups and associations in Liontrust’s sphere
of influence support or promote transparency and evidence-based
reporting in terms of ESG sustainability-related investing. As such,
Liontrust is working to evidence what each of its investment teams
do in terms of ESG integration.
36 - Responsible Capitalism Report 2022
Liontrust is a member of the Diversity
Project. During the year, the Group
participated in various events and
projects sponsored by the Diversity
Project. In 2022, Liontrust’s Product
Development Manager was an
ambassador for the Group and
assisted with its Mental Health
workstream.
The Group was active in the
Diversity Project in 2022.
Responsible Capitalism – review and assurance
Oversight and accountability
Liontrust’s Responsible Capitalism and stewardship-related practices
are overseen by the Group’s Board, executive directors and its
Responsible Capitalism Committee (see pages 19–21 for more
detail.) Liontrust’s Compliance, Risk, and Legal teams also provide
oversight and act as second lines of defence for the Responsible
Capitalism team, which carries out the Group’s ESG, sustainability,
and stewardship work for the PLC and which helps Liontrust’s
investment teams report on ESG . (More information can be found
on pages 40–91.)
Appointment of Liontrust internal auditors
In Q4 2021, Liontrust appointed Grant Thornton as third party,
external auditors to undertake a four-year plan of audits across
Group departments. Audits began in August 2022, focusing
on the Responsible Capitalism team and on the Group’s culture.
Preliminary reports on these first audits were provided to senior
management in Q1 23.
Audit of Responsible Capitalism
In August 2022, Liontrust undertook an internal audit, led by Grant
Thornton, on its Responsible Capitalism team, which has undergone