Martin Currie reports on its achievements in integration of international principles for responsible investing (PRI) into its investment and governance activities
ACHIEVEMENTS IN 2016
- Highest possible (A+) rating awarded by the PRI* for our governance and sustainability strategy
- Top ranking (Tier 1) by the UK's Financial Reporting Council (FRC) for our statement of compliance with the UK Stewardship Code
- Successful conclusion to collaborative engagement on ‘fracking’ practices in the oil & gas industry
- Completion of proprietary industry frameworks, designed to aid integration
WHAT IS IT?
Governance and sustainability refers to factors that may impact the ability of companies to generate durable returns over the long term. It involves understanding the governance structures and culture of a company, employing a broad view of changes taking place in the world and assessing the impact these can have on a company’s cash flows, balance sheet, reputation and, ultimately, corporate value.
WHY DO WE DO IT?
As stewards of our clients’ capital we take a holistic view of investee companies, looking at all material information, whether quantitative or qualitative. There is compelling evidence that governance and sustainability factors correlate with returns over the long term, and therefore have to be incorporated by fiduciaries when assessing risks and opportunities.