Liontrust Responsible Capitalism Report 2024 - Flipbook - Page 7
IN OUR OPERATIONS
Liontrust aims to be transparent about the risks and opportunities it
faces as a business and provide information on how we manage
these. Details on our own exposures are in the Liontrust Asset
Management PLC Annual Report and Financial Statements and are
also referred to in this publication. For Liontrust, two areas to which
the Group has exposure are: attracting and retaining talent and
the financed emissions that we hold in our funds. During 2022,
Liontrust took action on both of these exposures – more details on
these can be found on pages 25–27. Unsurprisingly, material
issues that we see in our own business can also be seen in the
investments that we make for our clients.
FOR OUR CLIENTS
Our clients are interested in knowing what their funds hold and
why they are held. They also want to know how Liontrust’s ESG
integration and stewardship practices affect the investment decisions
that impact longer-term fund performance. We aim to report on
this, as much as possible, from an evidenced-based perspective so
clients can see what is factored in when our investment teams make
investment decisions on their behalf.
Our clients also have their own concerns about social and
environmental issues and want to know how our investments are
functioning with regard to those factors. We aim to report on the
activities taken by our business and also on the activities undertaken
by the companies in which we invest. For our investments, we
report within the context of the fund in which investments are held,
the investment time horizon of the fund, and the investment process
that selects the holdings as investments.
Our duty to clients is central to the activities of all departments
at Liontrust. The Group aims to enhance the investor experience
and enhance positive outcomes. To do this, we are working on
understanding our retail, adviser, and institutional investor needs so
that we can service these more effectively. Within the scope of the
FCA’s Consumer Duty, we recognise that some of our investors may
be vulnerable or have other, very specific needs. More information
on our approach be found on pages 101–103.
FOR OUR EMPLOYEES
There are things that matter to our employees, such as the quality
of the working environment, fair remuneration, having a voice at
work, and overall inclusivity. Our employees have a say in the
day-to-day operations of our company and in shaping the Group’s
culture. Liontrust undertakes an employee survey at the end of each
calendar year to enable employees to feed back to the Group.
The employee survey in 2022 had a greater response rate than in
2021. More information on this can be found on pages 108–109.
FOR OUR STAKEHOLDERS
We define our stakeholders as including the following groups: our
suppliers, our associations, our shareholders, and the financial and
wider community. Within Liontrust, there is a contact for each of our
suppliers. Each supplier is impacted by the way Liontrust conducts
its business and operates as an asset manager. As such, Liontrust
aims to maintain good working relationships with our suppliers
and conduct our business in a way that is not detrimental to other
stakeholders or the wider community. We aim to treat others fairly
and openly, meet deadlines, service contracts, and maintain
healthy relationships to the best of our ability. For more information
on our suppliers, see pages 31–32.
Responsible Capitalism Report 2022 - 7