ESG Investing Olympics

09.03.2020
News
1 min read time

Last week, we took part in the ESG investing olympics run by Friends Provident Foundation, Joffe Trust and Blagrave Trust. We were one of five firms shortlisted from nearly 60 applicants, pitching for the opportunity to manage £33.5m of charity funds. The charities decided to run the ESG investing olympics in a public forum to seek out a manager with social and environmental impact, high standards of ESG integration, engagement, in-house expertise, as well as impact reporting

There is growing demand from asset owners to have a purpose beyond financial return with their investments. This is reflected by the growth in funds labelled as impact, sustainable, responsible, green or ESG. However, the quality of these funds varies greatly with marketing claims not always aligned with investment practice. We wish to send a market signal that asset owners are demanding higher standards of Impact and ESG investment. Asset managers will recognise that the standards expected by mission-led investors like ourselves today often become the market norms of tomorrow

Colin Baines, Investment Manager, Friends Provident Foundation.

Read more on the ESG investing olympics in the Financial Time’s article here.

We are looking forward to seeing the impact these charity funds are going to have!

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Disclaimer

Important Information: Tribe Impact Capital LLP is authorised and regulated by the Financial Conduct Authority (“FCA”). Our FCA registration details are set out in the FCA Register under Firm Reference number 756411 (www.fca.org.uk). Tribe Impact Capital LLP is registered in England and Wales (registered number OC411984) and our registered office is 52 Jermyn Street, London SW1Y 6LX. This document does not provide you with enough information to make an informed investment decision. Neither does it constitute advice or a personal recommendation or take into account the particular investment objectives, financial situations or needs of individual clients. If you are not an existing client of Tribe Impact Capital LLP, this document is considered to be marketing material. Whilst this document may contain information about specific companies it is not an investment research report as defined by the FCA. This document is not intended and should not be construed as an offer, solicitation or recommendation to buy or sell any investments. You are recommended to seek advice concerning suitability of any intended investment decision from your investment adviser. Past performance is not a reliable indicator of future performance; and the value of investments, as well as the income from them can go down as well as up. Investors may get back less than the original amount invested. Any type of impact investment will involve risk to investors capital and the expected environmental or social return may not be achieved. The information and opinions expressed herein are based on current public information we believe to be reliable; but we do not represent that they are accurate or complete, and they should not be relied upon as such. Any information herein is given in good faith but is subject to change without notice. No liability is accepted whatsoever by Tribe Impact Capital LLP or its employees and associated companies for any direct or consequential loss arising from this document. This document is not for distribution outside the European Economic Area.

The value of any investments and the income from them can go up or down so you may get back less than your initial investment.