Dalriada’s Responsible Investment Policy

15th May, 2020

  • We are pleased to announce that we have recently approved our Responsible Investment Policy.  

    As signatory to the United Nations Principles of Responsible Investment (PRI), we seek to incorporate the principles both within our business and within the processes of the Schemes to which we are trustee. We have incorporated these principles into our policy. The principles are:

    1. We will incorporate ESG issues into investment analysis and decision-making processes.
    2. We will be active owners and incorporate ESG issues into our ownership policies and practices.
    3. We will seek appropriate disclosure on ESG issues by the entities in which we invest.
    4. We will promote acceptance and implementation of the Principles within the investment industry.
    5. We will work together to enhance our effectiveness in implementing the Principles.
    6. We will report on our activities and progress towards implementing the Principles.

    As time goes on and we gain more experience we will continue to develop our policy. We also expect to see big changes in the industry with regards to disclosure and acceptance of ESG issues. The quality and availability of ESG data is a key barrier to its integration into investment decisions. As disclosure of ESG factors improves, data quality and availability will also improve, which will help us better enable our policy.

    We are working with our investment managers to encourage disclosure of ESG related statistics in a user friendly and consistent format. By actively monitoring the practices of our managers, we can assess whether or not they are acting in line with our policy. Such practices include, for example, their voting and engagement activities. If this investigation determines that a manager is not acting in line with our policy, we will work with them to encourage better ESG integration in their processes. If, after attempts to engage, we feel the manager is still not adhering to our policy, we will transfer funds to alternative managers.

    We actively encourage all trustee boards to develop their own specific policy around responsible investment. In the process of developing a policy, trustees must evaluate their views on ESG. If all trustees do this, it will act to increase the integration of ESG issues into investment decisions. This will go a long way in pushing the industry further along its ESG journey.

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    • Published bySusan McFarlane

      Susan leads the marketing function for Dalriada Trustees Limited, and our sister company, Spence & Partners.  The marketing team handles all promotional activity for the companies including business development, marketing, events and PR. Susan joined the business in January 2013, having...

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