Liontrust Responsible Capitalism Report 2021 - Flipbook - Page 4
WELCOME FROM JOHN IONS, CEO
Liontrust’s purpose is to enable investors to enjoy a
better financial future. Everyone at Liontrust is focused
on delivering this purpose, which in turn benefits all
stakeholders.
Our investment teams have distinct, robust and repeatable
investment processes. By articulating these processes, investors
know exactly how each team manages their money. Transparency
is vital in meeting investor expectations and enabling them to
achieve their financial goals by understanding how the funds they
hold will be managed.
Transparency is also key in enabling investors to understand
the approach funds take to ESG (environmental, social and
governance). There is no right and wrong approach here; it is
about choice, transparency, delivering on expectations and being
able to evidence the effect of each approach.
Since 2001, the Liontrust Sustainable Investment team has
been seeking well-run companies that capitalise on
transformative themes that will shape the economy
and society for the future. Engagement is integral
to the team’s process as it provides greater insight
into companies and helps to ensure best practice.
Over the past year, the Responsible Capitalism
team at Liontrust headed by Cindy Rose has
been working with our other investment teams on
how they evaluate ESG risks and opportunities as
part of their investment processes and engage with
companies they hold. This includes measuring the effect
of decisions based on their evaluation and engagement.
This year’s Responsible Capitalism Report, which covers
the calendar year 2022, details and explains this work by
the Responsible Capitalism team, the progress made by each
investment team so far and future developments.
Liontrust’s approach to Responsible Capitalism benefits all stakeholders.
In May 2022, Liontrust joined the Net Zero Asset Managers’ (NZAM)
initiative to adopt formally this goal. We will submit our first report
to NZAM by the end of May 2023, which will set out the initial
percentage of AuMA that the Group commits to the goal. Liontrust has
set interim targets for 2025 and 2030 that are detailed in this Report.
One of the seven strategic pillars for Liontrust is to acquire and
retain talent. We aim to achieve this by having motivated staff,
with inclusivity and diversity across the Company. This Report
4 - Responsible Capitalism Report 2022
covers Liontrust’s commitment to and progress on staff development,
diversity and inclusion, and engagement.
This Report also includes Liontrust’s response to the FRC’s UK
Stewardship Code 2020 for the first time. We hope you find
this enlarged and enhanced Report helpful in understanding the
developments at Liontrust over the past year and our future ambitions.
While we are pleased with the progress Liontrust is making, we
have set ourselves further targets to reach. It is important that
Liontrust continues to make advances each year to ensure we are a
responsible company, which is our first strategic pillar.