Fund Name SRI Style Product Region Asset Type Launch Date

Rathbone Greenbank Investments
ESG Plus DFM/Portfolio UK Equity 01/01/70

Objectives

Total assets under management: £2000.00m

As at: 31/12/22


Contact: greenbank@rathbones.com

Sustainable, Responsible &/or ESG Overview

We provide ethical and sustainable investment services for private clients, charities, trustees and professional partners.

 

Whether you refer to it as ‘ethical’ ‘green’ ‘sustainable’ ‘socially responsible’ or ‘ESG’ investing, Greenbank’s investment approach allows individuals or organisations to apply their values across the whole of their investment portfolios.

 

We consider the risks and opportunities that environmental, social and governance (ESG) issues present for investments. But we also look beyond the financial to consider how investments impact on society and the environment.

Primary fund last amended: 31/01/24 07:03

Information received directly from Fund Manager

Please select what you would like to read:
  • Fund Filters

    Sustainability

    Environmental policy

    Sustainability policy

    Limits exposure to carbon intensive industries

    Resource efficiency policy or theme

    Sustainable transport policy or theme

    Sustainability theme or focus

    Environmental damage and pollution policy

    Favours cleaner, greener companies

    Waste management policy or theme

    Sustainability focus

    Encourage more sustainable practices through stewardship

    Circular economy theme

    Transition focus

    Nature & Biodiversity

    Deforestation / palm oil policy

    Plastics policy / reviewing plastics

    Unsustainable / illegal deforestation exclusion policy

    Biodiversity / nature policy

    Nature / biodiversity based solutions theme

    Responsible palm oil policy

    Nature / biodiversity protection policy

    Water stewardship policy

    Climate Change & Energy

    Coal, oil & / or gas majors excluded

    Climate change / greenhouse gas emissions policy

    Invests in clean energy / renewables

    Fracking and tar sands excluded

    Clean / renewable energy theme or focus

    Arctic drilling exclusion

    Fossil fuel reserves exclusion

    Energy efficiency theme

    Require net zero action plan from all/most companies

    Encourage transition to low carbon through stewardship activity

    Supply chain decarbonisation policy

    Green / sustainable property strategy

    Fossil fuel exploration exclusion - direct involvement

    Targeted Positive Investments

    Invests >25% of fund in environmental/social solutions companies

    Invests >50% of fund in environmental/social solutions companies

    Human Rights

    Human rights policy

    Child labour exclusion

    Responsible supply chain policy or theme

    Indigenous peoples’ policy

    Modern slavery exclusion policy

    Social / Employment

    Social policy

    Health & wellbeing policies or theme

    Diversity, equality & inclusion Policy (fund level)

    Labour standards policy

    Favours companies with strong social policies

    Responsible mining policy

    Vulnerable / gig workers protection policy

    Meeting Peoples' Basic Needs

    Demographic / ageing population theme

    Responsible food production or agriculture theme

    Healthcare / medical theme

    Ethical Values Led Exclusions

    Ethical policies

    Tobacco production avoided

    Armaments manufacturers avoided

    Alcohol production excluded

    Gambling avoidance policy

    Civilian firearms production exclusion

    Banking & Financials

    Predatory lending exclusion

    Governance & Management

    Governance policy

    Avoids companies with poor governance

    Encourage board diversity e.g. gender

    Encourage higher ESG standards through stewardship activity

    Asset Size & Metrics

    Invests in small, mid and large cap companies

    How The Fund Works

    Balances company 'pros and cons' / best in sector

    Strictly screened ethical fund

    Positive selection bias

    Negative selection bias

    Norms focus

    Combines norms based exclusions with other SRI criteria

    Combines ESG strategy with other SRI criteria

    Significant harm exclusion

    SRI / ESG / Ethical policies explained on website

    Impact Methodologies

    Positive environmental impact theme

    Positive social impact theme

    Invests in environmental solutions companies

    Invests in social solutions companies

    Invests in sustainability / ESG disruptors

    Aim to deliver positive impacts through engagement

    Over 50% in assets providing environmental or social ‘solutions’

    Intended Clients & Product Options

    Faith friendly

    Intended for investors interested in ESG / sustainability

    Bespoke SRI / ESG portfolios available (DFMs)

    Intended for clients who want to have a positive impact

    Fund management company information

    About The Business

    ESG / SRI engagement (AFM company wide)

    Responsible ownership / stewardship policy (AFM company wide)

    Responsible ownership / ESG a key differentiator (AFM company wide)

    Diversity, equality & inclusion engagement policy (AFM company wide)

    Vote all* shares at AGMs / EGMs (AFM company wide)

    Boutique / specialist fund management company

    Integrates ESG factors into all / most fund research

    In-house diversity improvement programme (AFM company wide)

    Vulnerable client policy on website (AFM company wide)

    Invests in new sustainability linked bond issuances (AFM company wide)

    Offer structured intermediary training on sustainable investment

    Offer unstructured intermediary sustainable investment training

    Resources

    In-house responsible ownership / voting expertise

    Employ specialist ESG / SRI / sustainability researchers

    ESG specialists on all investment desks (AFM company wide)

    Collaborations & Affiliations

    PRI signatory

    UKSIF member

    Climate Action 100+ or IIGCC member

    Fund EcoMarket partner

    GFANZ member (AFM company wide)

    TNFD forum member (AFM company wide)

    Investment Association (IA) member

    Accreditations

    UK Stewardship Code signatory (AFM company wide)

    PRI A+ rated (AFM company wide)

    Engagement Approach

    Regularly lead collaborative ESG initiatives (AFM company wide)

    Encourage responsible corporate taxation (AFM company wide)

    Engaging on climate change issues

    Engaging with fossil fuel companies on climate change

    Engaging on biodiversity / nature issues

    Engaging to encourage a Just Transition

    Engaging on human rights issues

    Engaging on labour / employment issues

    Engaging on diversity, equality and / or inclusion issues

    Engaging on governance issues

    Engaging on mental health issues

    Engaging on responsible supply chain issues

    Company Wide Exclusions

    Coal divestment policy (AFM company wide)

    Controversial weapons avoidance policy (AFM company wide)

    Climate & Net Zero Transition

    Encourage carbon / greenhouse gas reduction (AFM company wide)

    Net Zero commitment (AFM company wide)

    Working towards a ‘Net Zero’ commitment (AFM company wide)

    Net Zero - have set a Net Zero target date (AFM company wide)

    Voting policy includes net zero targets (AFM company wide)

    Committed to SBTi / Science Based Targets Initiative

    Transparency

    Publish full voting record (AFM company wide)

    Publish responsible ownership / stewardship report (AFM company wide)

  • Sustainable, Responsible &/or ESG Policy:

    We do sustainable investment as standard, not as an add on. We have a deep understanding of ethical and sustainability issues, built up over 25 years of running ethical and sustainable investment portfolios. This helps us cut through the greenwash and build a portfolio that aligns with your clients’ values.

     

    Our overall sustainable investment philosophy and research process ensures that certain minimum thresholds of ESG and sustainability performance are reached before a stock is considered for inclusion in our investment universe. 

     

    In short, we avoid investment in organisations that we believe have an overall negative impact on people and planet (taking into account the entirety of their activities and ways of operating) and seek out those which are delivering social and environmental benefits.

     

     In practice this rules out certain sectors where we feel no company meets our minimum requirements. But ruling companies out based on their activities is the easy part of this equation. We think it’s also critical to look at a company’s behaviour and culture when we’re considering whether it would qualify for inclusion in our investment universe and align with our investment philosophy.

     

     

  • Process

    Greenbank specialises in bespoke ethical, sustainable and impact investment. As such we can tailor portfolios to meet the specific requirements of each client, not only in terms of their financial objectives, but also through the exclusions we apply and the areas of positive focus we prioritise.

     

    Our investment managers use their professional knowledge and specialist experience to invest client money in portfolios that are carefully chosen to match individual financial objectives and values.

     

    We have an expert in-house research team whose robust investment process ensures that before any investment is considered for inclusion in a Greenbank portfolio, it has to reach certain thresholds of environmental, social and governance (ESG) and sustainability criteria.

     

    The research team closely monitors the business activities as well as the social and environmental performance of companies, so we know who is leading the way and who to avoid. We meet with companies to make sure they do what they say, and we are not afraid to ask the difficult questions.

     

    But it's not just about excluding companies. Our research keeps us at the forefront of evolving ethical, social and environmental issues, and we support companies whose products and services deliver positive change in the world – as defined by our framework of sustainable development themes.

     

    We are proud of our active role of engaging with companies and institutions to positively influence their actions.

  • Resources, Affiliations & Corporate Strategies

    • Long-term Investors in People’s Health – ShareAction – Signatory
    • Finance for Biodiversity Foundation – Member and signatory
    • Financing a Just Transition Alliance – Member
    • CDP - Investor Member
    • UKSIF - Member
    • ECCR (Ecumenical Council for Corporate Responsibility) - Member
    • Access to Nutrition Index - Signatory
    • BBFAW (Business Benchmark on Farm Animal Welfare) - Consultation / Contributor
    • B Team Responsible Tax Principles - Consultation / Contributor
    • FAIRR - Member
    • Just Transition on Climate Change - Signatory
    • New Plastics Economy Global Commitment - Endorser
    • Paris Aligned Investment Initiative - Participant
    • Access to Medicine Index (& AMR) - Participant
    • Workforce Disclosure Initiative Member
    • Investor Alliance on Human Rights - Member

     

     

    Greenbank’s 7-person ESI research team has over 50 years’ combined experience in sustainability research. They undertake detailed sustainability due diligence on investments and are responsible for a wide-ranging engagement and stewardship programme. The team has developed a proprietary research database over 20 years to capture their analysis. Several data sources form inputs into this process, including specialist ESG research, 3rd party ESG data from MSCI, company reports, company meetings, NGO insights, our engagement activities, and news monitoring.

     

  • Dialshifter

    This fund is helping to ‘shift the dial from brown to green’ by…

    Sustainability is core to our investment process, guiding asset allocation, security selection and portfolio construction. Our sustainable development theme framework considers eight key areas and we analyse how themes shaping the world – such as inclusive economies, decent work or resource efficiency - are impacted by and impact on the investments we make. We pride ourselves on our major role in catalysing investor interest on sustainability issues, shaping the debate or highlighting issues before they are recognised as mainstream concerns. Our engagement priorities over the next year include continuing our work on biodiversity and nutrition, in addition to enhancing our net zero stewardship activities and exploring human rights due diligence through company supply chains.

     

     

    Our organisation is helping to support the Paris Climate Agreement and the Race to Net Zero by…

    Greenbank is committed to playing its part in the low-carbon transition and has set a target to reach net zero carbon emissions from its operations, supply chain and the investments it manages by 2040. We are part of a large number of asset managers, together representing nearly $59 trillion in assets under management, that have set some form of net zero target. To achieve these ambitions, investors will need to drive changes in the real economy by ensuring the companies they own establish and maintain progress against ambitious net zero transition plans.

    In 2022, Greenbank implemented an enhanced net zero engagement strategy to meet the scale of the global challenge to reduce emissions. In 2023, this continues to escalate as we reassess the climate impact of our portfolio, join an IIGCC-led collaborative net zero engagement and continue holding companies and funds to account on their net zero trajectories.

  • Fund Holdings

    Voting Record

    Disclosure

    Rathbone Greenbank Investments is the specialist ethical, sustainable and impact investment team of Rathbones Group Plc

     

    Rathbones Group Plc is independently owned, is the sole shareholder in each of its subsidiary businesses and is listed on the London Stock Exchange.

     

    Rathbones and Rathbone Greenbank Investments are trading names of Rathbones Investment Management Limited.

     

    Rathbones Investment Management Limited, is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered office: Port of Liverpool Building, Pier Head, Liverpool, L3 1NW, Registered in England No. 01448919.

Fund Name DS SRI Style Product Region Asset Type Launch Date

Rathbone Greenbank Investments
ESG Plus DFM/Portfolio UK Equity

Fund Size: £

Total screened & themed / SRI assets: £

Total Responsible Ownership assets: £

Total assets under management: £2000.00

As at: 31/12/22

Sustainable, Responsible &/or ESG Policy:

We do sustainable investment as standard, not as an add on. We have a deep understanding of ethical and sustainability issues, built up over 25 years of running ethical and sustainable investment portfolios. This helps us cut through the greenwash and build a portfolio that aligns with your clients’ values.

 

Our overall sustainable investment philosophy and research process ensures that certain minimum thresholds of ESG and sustainability performance are reached before a stock is considered for inclusion in our investment universe. 

 

In short, we avoid investment in organisations that we believe have an overall negative impact on people and planet (taking into account the entirety of their activities and ways of operating) and seek out those which are delivering social and environmental benefits.

 

 In practice this rules out certain sectors where we feel no company meets our minimum requirements. But ruling companies out based on their activities is the easy part of this equation. We think it’s also critical to look at a company’s behaviour and culture when we’re considering whether it would qualify for inclusion in our investment universe and align with our investment philosophy.

 

 

Sustainable, Responsible &/or ESG Process:

Greenbank specialises in bespoke ethical, sustainable and impact investment. As such we can tailor portfolios to meet the specific requirements of each client, not only in terms of their financial objectives, but also through the exclusions we apply and the areas of positive focus we prioritise.

 

Our investment managers use their professional knowledge and specialist experience to invest client money in portfolios that are carefully chosen to match individual financial objectives and values.

 

We have an expert in-house research team whose robust investment process ensures that before any investment is considered for inclusion in a Greenbank portfolio, it has to reach certain thresholds of environmental, social and governance (ESG) and sustainability criteria.

 

The research team closely monitors the business activities as well as the social and environmental performance of companies, so we know who is leading the way and who to avoid. We meet with companies to make sure they do what they say, and we are not afraid to ask the difficult questions.

 

But it's not just about excluding companies. Our research keeps us at the forefront of evolving ethical, social and environmental issues, and we support companies whose products and services deliver positive change in the world – as defined by our framework of sustainable development themes.

 

We are proud of our active role of engaging with companies and institutions to positively influence their actions.

Resources, Affiliations & Corporate Strategies

  • Long-term Investors in People’s Health – ShareAction – Signatory
  • Finance for Biodiversity Foundation – Member and signatory
  • Financing a Just Transition Alliance – Member
  • CDP - Investor Member
  • UKSIF - Member
  • ECCR (Ecumenical Council for Corporate Responsibility) - Member
  • Access to Nutrition Index - Signatory
  • BBFAW (Business Benchmark on Farm Animal Welfare) - Consultation / Contributor
  • B Team Responsible Tax Principles - Consultation / Contributor
  • FAIRR - Member
  • Just Transition on Climate Change - Signatory
  • New Plastics Economy Global Commitment - Endorser
  • Paris Aligned Investment Initiative - Participant
  • Access to Medicine Index (& AMR) - Participant
  • Workforce Disclosure Initiative Member
  • Investor Alliance on Human Rights - Member

 

 

Greenbank’s 7-person ESI research team has over 50 years’ combined experience in sustainability research. They undertake detailed sustainability due diligence on investments and are responsible for a wide-ranging engagement and stewardship programme. The team has developed a proprietary research database over 20 years to capture their analysis. Several data sources form inputs into this process, including specialist ESG research, 3rd party ESG data from MSCI, company reports, company meetings, NGO insights, our engagement activities, and news monitoring.

 

Dialshifter

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