Environmental, Social and Governance Policy
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The term ESG covers decisions and behaviour of a company in the context of social responsibility, including areas such as ethics, environment, diversity, human rights, integrity, labour chain, climate change, philanthropy, accountability, values, community, transparency, fair trade and sustainability and stakeholder management.
Much is voluntary however, there is a growing body of law. Under section 172 of the Companies Act 2006 company directors have a duty to promote the success of the company. This means acting in the way directors consider, in good faith, would be most likely to promote the success of the company for the benefit of its members as a whole.
Aware of our responsibilities under the Companies Act, we have regard (among other matters) to the:
- Likely consequences of any decision in the long term.
- Interests of the company’s employees.
- Need to foster the company’s business relationships with suppliers, customers and others.
- Impact of the company’s operations on the community and the environment.
- Desirability of the company maintaining a reputation for high standards of business conduct.
- Acting fairly as between members of the company.
The UN Sustainable Development Summit 2015 formally adopted 2030 Agenda for Sustainable Development which included Sustainable Development Goals.
We look at international practice as a backdrop to inform ourselves as to the developing direction of ESG expectations, which may have cross-overs with the investment community:
- Social issues / Stakeholder concerns including well-being, education and inequalities.
- Economics of work and growth and industry innovation.
- Environment (affordable and clean energy and sustainable cities).
- Governance (strong institutions and partnerships in compliance with laws, building up ethical culture)
Companies are increasingly incorporating material ESG risks and opportunities into long-term strategic thinking.
We have identified and are working towards achieving the following ESG goals which we keep under constant review and reflection:
- regular communication with our stakeholders,
- a corporate culture in which everyone is accepted and treated with respect,
- diverse and inclusive workforces,
- equal pay and merit-based promotion,
- diversity and inclusion across our business,
- personal and professional development of our team,
- fostering the mental and physical health of all whom we work with,
- using ESG to create wider, better solutions for clients,
- no tolerance for slavery,
- as few burdens on the environment as our business is capable of achieving,
- boundary-pushing in the digital space to achieve sustainable ends,
- innovative thinking in the ESG space.
We are committed to developing ESG metrics that are appropriately stretching, quantifiable and linked to corporate strategy, because ESG data can help companies, at their election, to craft longer term solutions, more widely scoped, with risk better appreciated and managed.
Last Updated:
19 Sep 2023
01 May 2022
18 January 2022
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