Fund/Portfolio Size: £205.45m

Total screened & themed / SRI assets: £2709.20

Total assets under management: £15754.85

As at: 31/05/25

Contact: natalie.yapp@rathbones.com

Overview

Filters

Fund information

Policy

We don’t invest directly in any company that derives more than 20% of its sales from gambling, high interest-rate lending, pornography or from the manufacture of tobacco or tobacco products, alcohol, thermal coal/tar sands or armaments.

Process

Through an holistic appraisal of ESG opportunities and risk, we take a well-informed approach to responsible investment. To that end, we have developed a core set of guiding principles that apply to our responsible investment activities:

• ESG integration: We consider ESG factors when evaluating investments to help us identify ESG opportunities and risks.
• Voting with purpose: We actively vote over 95% of the value of our clients’ holdings. We will vote against management to help drive positive change when necessary.
• Engagement with consequences: We prioritise engagement where we believe we can make a real difference to the world’s systemic environmental and social challenges. We will reduce our holdings in companies that present an ongoing ESG risk when other avenues such as engagement have failed to produce the change we seek.
• Transparency: We report regularly on the progress of our responsible investment activities.

Resources, Affiliations & Corporate Strategies

The fund uses the services of Greenbank Investments’ in-house Ethical, Sustainable & Impact (ESI) Research Team to carry out its ESG research. This team is part of the wider Rathbones group but is independent from Rathbones Asset Management, ensuring that ethical screening decisions are independent from the investment team. This team has access to a variety of third party ESG research to assist with their research, including subscribing to MSCI’s ESG Manager and has access to its ESG Controversies and ESG Ratings tools. These are used as an adjunct to the team’s in-house research rather than relied on in their raw form.

The investment team also have access to a variety of external third party ESG research providers to assist with their credit analysis including MSCI, Sustainalytics and Fitch.

Greenbank Investments’ ESI Research Team

Greenbank Investments’ specialist Ethical, Sustainable and Impact (ESI) Research Team conduct ethical research and apply the fund’s ethical screening criteria. The team at Greenbank have been at the forefront of developments in the ethical investment industry since 1992, launching one of the first bespoke ethical portfolio services in 1997. The fund’s ethical and sustainability framework and methodology have been developed with Greenbank, utilising their many years’ experience of managing private client portfolios as well as providing screening services for the other Rathbones’ sustainable funds (including Rathbone Greenbank Multi-Asset Portfolio funds, the Rathbone Greenbank Global Sustainability Fund and the Rathbone Greenbank Global Sustainable Bond Fund).

Kate Elliot is Head of Greenbank Research, which comprises:

• Sophie Lawrence - Stewardship and Engagement Lead
• Kai Johns - Senior Ethical, Sustainable and Impact Researcher
• Charlie Young - Ethical, Sustainable and Impact Researcher
• Lauren O’Leary - Ethical, Sustainable and Impact Researcher
• Caitlin Westlake - Assistant Ethical, Sustainable and Impact Researcher

For biographies for the team please visit the Our People page on the Rathbones website.

Rathbones Stewardship team

The Rathbones Group Stewardship team is led by Matt Crossman (Stewardship Director) and comprises:

• Archie Pearson - Stewardship Lead
• Philippa Bliss –Stewardship Lead
• Sonia Amrat-Nath – Stewardship Lead
• Tilia Astell - ESG & Stewardship Analyst
• Kazuki Shaw - ESG & Stewardship Analyst

In addition to this, Jenny Foster is an Engagement Analyst for Rathbones Asset Management, working with all of the fund managers to deliver Rathbone Asset Management's engagement strategy and lead direct engagements with companies.

ESG affiliations and memberships

Rathbones Group is a member of PIMFA and UK Finance. They participate in and are members of or signatories to:

• UK Stewardship Code
• PRI
• CDP
• IIGCC
• Climate Action 100+
• Living Wage employer
• The Workplace Wellbeing Charter
• The FTSE Women Leaders Review
• The Parker Review
• Signatories to UN Global Compact
• Signatories to Women in Finance Charter
• Listed on FTSE4Good
• Net Zero Asset Managers Initiative
• Inclusive Companies
• UKSIF

Please see the Rathbones website for further details 

Greenbank (Rathbones’ specialist sustainable investment division) partners with many different members of the responsible investment community. These are shown below:

• Ecumenical Council for Corporate Responsibility (ECCR)
• The Food Foundation
• Access to Medicine Index
• Access to Nutrition Initiative
• Finance for Biodiversity
• Business Benchmark on Farm Animal Welfare (BBFAW)
• Long-term Investors in People’s Health – ShareAction
• FAIRR
• CCLA Mental Health Investor Coalition
• Business Coalition for a Global Plastics Treaty
• Investor Coalition on Food Policy

Please see the Greenbank Investments website for further details at: Partnerships | Greenbank

Literature

• Fund Factsheet
• Fund overview and literature

The information contained in this document is for use by investment advisers and is not intended for circulation to private clients or the general public.
Past performance should not be seen as an indication of future performance. The value of investments and the income from them may go down as well as up and you may not get back your original investment.
Rathbones Asset Management is authorised and regulated by the Financial Conduct Authority and Rathbones Asset Management is a member of the Investment Association.
Rathbones Asset Management Limited: Registered address 30 Gresham Street, London, EC2V 7QN.
Registered No. 02376568 - A Member of the Rathbone Group.

Last amended: 01/08/24 10:23