Liontrust Responsible Capitalism Report 2022 - Flipbook - Page 28
FSB Task Force on Climate-related
Financial Disclosures
We believe that climate change will be a defining driver of the global economy, society
and financial markets in the future, and that investors will be unable to avoid the impacts
of this.
We are committed to developing our analysis and response to
climate-related risks and opportunities, in order to mitigate the risks
and safeguard our client’s investments.
We have been a supporter of the Financial Stability Board’s Task
Force on Climate-related Financial Disclosures (TCFD) since September
2018. TCFD seeks to provide investors with increased awareness of
climate-related risks and opportunities, and we support this objective.
We support the TCFD through our operational activities, engagement
with investee companies and work with partner organisations. We have
been signatories to the Carbon Disclosure Project (CDP) since 2017.
Throughout the last year, we endorsed the 2019 Global Investor
Statement to Governments on Climate Change and a member of the
Sustainable Investment team joined the PRI Investor Working Group on
the Just Transition.
We have structured this update in accordance to TCFD
recommendations, providing insight into governance, strategy, risk
management, and metrics and targets related to climate change. To
best describe our efforts, we will report on how we address climate
change risks in our operations and business within the environmental
section of this report and separately describe how we manage
climate change risks in our investment portfolios on behalf of our
clients under the TCFD recommendations.
28 - Liontrust Sustainability Report 2020
Governance
The Group Board is responsible for Liontrust’s corporate
obligations, including as a PRI signatory and under the various
other commitments we have made on ESG issues such as the
TCFD. This includes reviewing executive actions and ensuring that
the Liontrust Asset Management PLC’s Annual Report and Financial
Statements and other reporting provides a full and fair account of
our activities. The Board ensures that climate related issues are
included in strategy discussions. Overall responsibility for climaterelated risks and opportunities lies with the Chief Executive Officer.
The Board keeps these reporting obligations under review and
receives a regular report on the company’s Governance and
Stewardship activities at each meeting and holds the management
team to account.