Liontrust Responsible Capitalism Report 2024 - Flipbook - Page 80
COMMITMENT TO NET ZERO
The Multi-Asset team cannot include its funds in Liontrust’s net zero
commitment due to a lack of carbon data for third-party funds. The
team is eager to support Liontrust’s net zero commitment, however,
and is looking for ways to get carbon data for all its sub-managed
funds to enable it to support this target.
ENGAGEMENT PURPOSE/OBJECTIVES
The Multi-Asset team engages with the managers of its underlying
funds during regular updates on portfolio positioning and
performance.
The team has opted not to include any engagement examples for
the 2023 calendar year.
80 - Responsible Capitalism Report 2023
ADHERENCE TO LIONTRUST’S CONTROVERSIAL
WEAPONS POLICY
• Liontrust’s controversial weapons policy excludes investment in
companies with involvement in cluster munitions, anti-personnel
land mines, biological weapons and/or chemical weapons. The
policy can be found from the following web page: https://www.
liontrust.co.uk/about-us/corporate-sustainability/a-responsibleinvestor
• The Multi-Asset team cannot adhere to Liontrust’s controversial
weapons policy as it does not have the relevant information
for all the underlying holdings of the actively managed funds
in which it invests for clients. In addition, the Multi-Asset funds
and portfolios hold passive vehicles which generally invest
in all stocks in an index and therefore potentially breach this
controversial weapons policy. If the Multi-Asset team signs up to
this policy, it may exclude passive vehicles from the commitment.