Investment policy and carbon footprint

Investment policy

  • We have an ethical investment policy.
  • We hold no investments in fossil fuels, arms, gambling, tobacco or alcohol.
  • We aim to have a low carbon footprint for our investments.
  • We aim to reduce this footprint every year.

Investment impact

The impact of our investment portfolio is measured using SustainEx. This is a benchmark of 47 social and environmental factors. It measures the benefit or harm to people and the planet for each $100 of revenue, expressed as a percentage. For example:

  • a score of +2% means an investment adds $2 benefit for each $100 of sales.
  • a score of −2% means an investment causes $2 harm for each $100 of sales.

We compare our investments to the Morgan Stanley Capital International All Country World (MSCI AC World) index.

Overall impact

Our investments +3.7%
MSCI AC World −9.2%

Impact on people

Our investments +4.1%
MSCI AC World −6.6%

Impact on the planet

Our investments −0.4%
MSCI AC World −2.4%

Carbon footprint

Measured as tons of CO2 emitted for each $1 million invested, based on the average scope 1 (directly produced) and scope 2 (buying energy, heating or cooling) emissions of investments.

Our investments 45
MSCI AC World 93

Last updated: 28 September 2023.