Liontrust Responsible Capitalism Report 2022 - Flipbook - Page 44
Paper Usage
All our literature is printed on recycled paper or paper from a
sustainable source in accordance with either the FSC, PEFC or EU
Ecolabel criteria to help keep our environmental impact to a minimum.
Waste Management
In our Savoy Court office, we aim to minimise waste from our
operations, and help recycle as much waste as possible. Nonrecyclable waste from the office is sent to an Energy from Waste
site, where it is incinerated to generate electricity. We recycle
paper, plastic, glass and cans and have put in place a recycling
scheme for our redundant computer hardware.
We carried out several initiatives in the office over the last few
years to further reduce our office waste:
• we upgraded the waste recycling facilities to better align them
with the recycling activity carried out by our waste management
supplier and carried out an awareness campaign to encourage
full use of these facilities;
• we made reusable take-away bottles available to all employees.
These bottles can be used externally and brought back to the
office for cleaning; and
Sustainable Procurement
Liontrust’s supply chain consists predominantly of the procurement
of professional services from large or regulated organisations in the
markets in which we operate (predominantly Europe), and which
therefore are at lower risk of exposure to ESG-related issues.
Our approach to Procurement
Liontrust operates a Counterparty Selection and Monitoring Policy
that we have developed in relation to selecting and overseeing
services received from third-party providers. As far as possible,
we will only work with suppliers who support our aim to work
sustainably. We are discussing how best to integrate our sustainable
approach with key suppliers.
The nature of the due diligence conducted is determined on a caseby-case basis, however, as a general rule, our Counterparty Selection
and Monitoring Policy suggests due diligence must include:
• confirmation that they have adequate anti-bribery and corruption
controls in place, in line with applicable legislation, and that
they comply with the Modern Slavery Act, labour rights, equal
opportunities, occupational health and safety;
• environment – policies and practices, emissions and targets;
• we installed dispensers of filtered still and sparkling water,
eliminating the purchase of bottled water for staff and clients.
• information/data security (including cyber security) must be conducted
if Liontrust or client data will be processed or held by the supplier; and
In the year to 31 March 2020, Liontrust recycled on average 11,000 of
materials saving 16,000kg of CO2 (year to 31 March 2098: 9,500kg,
13, 700kg CO2). Information only available for Savoy Court.
• a thorough evaluation of business resilience must be undertaken
that will include the financial performance of the supplier,
insurance cover, of contingency planning and third-party
dependencies where appropriate.
44 - Liontrust Sustainability Report 2020