Liontrust Sustainable Investment Annual Review 2022 - Flipbook - Page 25
GREATER SAFETY AND RESILIENCE
Businesses exposed to this group of themes help make the systems we
rely on to go about our daily lives safer or more robust and resilient.
This includes investment themes around cyber security, ensuring a
sustainable economy, saving for the future or those financial services
which have a focus on servicing smaller businesses.
Wise PLC is a money transfer business whose mission is to bring
transparency and fairness into moving money around the world.
This covers pricing of products and sharing the economies of scale.
Their mission is to bring FX costs down to zero. A resilient financial
system helps to support all in society. We look for businesses that
dramatically improve access to financial services and reduce the
costs for all. 1.7 billion people remain unbanked in the world.
Traditionally foreign exchange has been very costly for individuals
especially those remitting small amounts regularly. Wise offers a
significantly better rate, lower fees, and very simple app-based
approach. Offering better rates is not just about having more to
spend on your holiday, for migrant labour the typical 6% charge
to remit earnings has a very real impact on household spending.
Wise can reduce this by 60% on average.
Swiss Re AG offers reinsurance, insurance, and insurance linked
financial market products. The Company offers automobile, liability,
accident, engineering, marine, aviation, life, and health insurance.
Swiss Re also manages fixed-income and equity investments for
itself and other insurance companies. Contributing to a sustainable
economy through the reduction of risk and the mitigation of financial
impact for the policy holder, thereby producing a safety net for
people and business in times of catastrophe. Also contributing to
a sustainable economy through the adoption of more responsible
investment policies. We believe this business is proactive in
understanding and managing climate risks. This is part of our
Insuring a sustainable economy theme.
TrustPilot is an independent review platform that connects consumers
and businesses. It was founded in Denmark in 2007 to address the
‘trust gap’ on the internet. Having independent reviews of a product
and service you are thinking of using makes the online marketplace
more transparent and easier to use. They take a neutral stance
towards reviews – businesses cannot pay to have reviews delayed
or removed and everyone has to follow the same rules.
Palo Alto provides cyber security solutions for over 85,000
organisations. Its strategy is to build on the leading firewall product
and move to subscription-based firewall and security as a service.
This is increasingly based on consumption of data, meaning the
market for security solutions will grow as data increases and more
of this data is shifted into the cloud. This is part of our Enhancing
digital security theme.
All use of company logos, images or trademarks are for reference purposes only.
Liontrust Sustainable Investment: Annual Review 2022 - 25