Policy Compliance

All appointed managers must have a credible net-zero commitment with interim targets aligned to a 1.5°C pathway, including Scope 1, 2, and material Scope 3 emissions.

Managers must provide quarterly TCFD-aligned climate reports covering governance, strategy, risk management, and metrics/targets.

All UK-based managers must be signatories to, and comply with, the UK Stewardship Code 2020, with evidence of active engagement and escalation.

Managers must demonstrate systematic due diligence on modern slavery risks across investee companies, including supply chain assessments.

Managers are expected to assess and report on the biodiversity impact of portfolio holdings, aligned with TNFD recommendations.

Managers must disclose diversity, equity, and inclusion metrics for their organisation, including board composition, gender pay gap, and ethnic diversity data.