FP Foresight UK Infrastructure Income Fund

Has policies that consider (environmental and social) sustainability issues. Strategies vary but are likely to consider environmental issues like climate change, carbon emissions, biodiversity loss, resource management, environmental impacts; and social issues like equal opportunities, human rights, labour standards, diversity and adherence to internationally recognised codes. See individual entry information.

Has a significant focus on sustainability issues

Has documented policies or thematic investment approaches supporting investment in more sustainable, greener transport methods. These will typically set out a preference for companies that run, enable or support more sustainable methods of transport.

Aim to encourage higher sustainability standards through responsible ownership / stewardship / engagement / voting activity

Options that limit or 'reduce' their exposure to carbon intensive industries (ie sectors which are major contributors to climate change). Strategies vary.

Has a policy or theme that relates to managing natural resources more efficiently. Strategies vary. See individual entry information.

Aims to invest in companies with strong or market leading environmental policies and practices. Strategies vary. See individual entry information for more detail.

Avoids assets that are involved in illegal deforestation. This may relate to palm oil, cattle farming or other areas. Strategies vary.

Aims to avoid investing in companies that produce genetically modified seeds or crops. (This does not typically include avoiding companies such as supermarkets).

Has policies (documented strategies that explain their position) on climate change related issues such as greenhouse gas/carbon emissions, net zero, transitioning to lower carbon. Strategies vary.

Avoid companies that are involved in extracting oil from the Arctic regions.

Invest (or may invest) in clean / renewable energy companies and other assets. The proportion directly or indirectly invested in renewable energy may vary over time.

Encourage the transition to lower carbon activities through asset selection and / or responsible ownership activity.

Has an energy efficiency theme - typically meaning that the manager is focused on investing in organisations that manage - or help others to manage - energy use more carefully and less wastefully - and so reduce greenhouse gas emissions.

Invest in renewable energy companies and / or companies where renewable energy is a significant part of their business. Strategies vary.

Avoids companies that test their products on animals for purposes other than medical benefit (e.g. for cosmetics). Strategies vary.

Has policies or a theme that relates to the responsible management of supply chains. These may relate to employment issues, notably people employed by their suppliers, as well as the sourcing of materials and products.

Has a thematic investment approach focusing on the ‘silver economy’ - in particular (typically) the issues and opportunities presented by changing demographics. This could include finance, healthcare and medicines and/ or longevity science to extend lifespans. Strategies vary.

Have investments in social housing or similar assets.

Avoids investing in 'some' gilts or government bonds. Strategies vary, but this may relate to avoiding specific countries or particular reasons for bond issuance. 'Green gilts' for example would be likely to be acceptable.

Does not invest in, or excludes, gilts and/or government bonds.

Aim to encourage higher ESG standards through responsible ownership / stewardship / engagement /voting activity

Find options that have an external committee that helps steer or advise managers on sustainability, ethical, stewardship or ESG policy or strategy related issues. These people may be paid for their time but are not employees of the fund manager.

Find options that employ an external committee (i.e. not company employees) that has the power to veto (i.e. overrule) fund/asset managers selection decisions. (This would typically mean the committee can tell the manager not to buy / sell a specific investment.)

Invests more than half of their money in smaller or medium sized companies. (i.e. below around £5 -10 billion)

Invests >25% of their capital in companies where a major part of their business is focused on helping to address environmental or social challenges.

Invests >50% of their capital in companies where a major part of their business is focused on helping to address environmental or social challenges.

Specifically sets out to help deliver positive environmental impacts, benefits or 'real world' outcomes.

Specifically states that they aim to deliver positive social (i.e. people related) impacts and/or outcomes.

Has some exclusions - typically for example excludes tobacco or companies that breach commonly adopted standards or norms such as the UN Global Compact.

Available via a tax efficient ISA product wrapper.

Find options that have chosen to adopt one of the Financial Conduct Authority (FCA) SDR labels. Please note: there are a range of reasons why potentially relevant options may not use an SDR label eg. adopting a label may be work in progress, the manager may not yet be allowed to do so because of the product type, a manager may feel they are insufficiently aligned to SDR requirements.

Find fund / asset management companies that are smaller or specialise in particular areas - notably, ideally ESG related. Strategies vary.

Find fund / asset management companies that take sustainability criteria into account when selecting and/or managing all of their property / real estate investments.

Find options run by managers that apply Responsible ownership or 'Stewardship' policies to all or most of their investment assets. This means active involvement (e.g. voting, dialogue) with the companies across all or most funds, products and services.

Find fund / asset management companies that encourage the companies they invest in to have strong diversity, race, gender and other equality policies across all assets held, not simply screened or themed SRI/ESG funds. (ie Asset Management company wide).

Find fund / asset management companies that have signed up to the UN backed 'Principles of Responsible Investment'.

Find fund / asset management companies that have partnered with Fund EcoMarket - meaning that they are helping to improve access to information on sustainable and responsible investment by paying an annual fee to us which enables us to publish information for free. Partner funds are listed ahead of other funds and have their logos displayed.

Finds organisations / fund managers that have one or more ESG/sustainability experts on all investment teams or 'desks' (all asset types)

Find funds / asset managers that are reviewing, or have reviewed, their exposure to carbon intensive industries including (but not only) mining, oil and gas companies. (Typically with reference to climate change.)

Find fund / asset management companies that will supply information about their sustainable and responsible investment activity on request.