Our story is one of strong, continuous growth and healthy returns for our shareholders.
Our strategy is underpinned by our purpose and our focus on building a business that is resilient and sustainable over the long-term. We embed sustainable practices across all our businesses which inform everything we do: from the way we support our customers and colleagues; the way we work with our partners and suppliers; to the way we invest. These factors, combined with responsible management and effective decision-making, all contribute to a strong and resilient business that generates good returns over time and we continue to evolve our approach to ensure the best outcomes for all of our stakeholders.
Responsible Investment policy
The purpose of the Responsible Investment policy is to mitigate Environmental Social and Governance (ESG) related risks and achieve more sustainable long-term returns. It governs how we and our subsidiary companies manage cash and invested assets and is monitored and reviewed by our Investment Committee.
- We expect our external asset managers to incorporate ESG factors in their decision-making processes.
- We monitor ESG risk within investments held by external managers.
- We expect our asset managers to demonstrate a commitment to active ownership through engagement and voting.
- We expect our external asset managers to be signatories to the UN Principles of Responsible Investment.
We are a member of the Institutional Investors Group on Climate Change. Together with other signatories, we are working to enable better investments in solutions that drive progress towards a more resilient future.
ESG ratings
2024: AAA
2023: AA
2022: AA
2021: A
2022: D
2021: C
2023: 24.3
2022: 22.3
2021: 21.0
31st percentile subindustry ranking (2022: 21st)
2023: HALTED
2022: 63rd out of 100
2021: 21st out of 100