Group Sustainability Report
We stand at a pivotal moment in history, where the transition to sustainability is not just an environmental imperative but also one of the greatest value creation opportunities of our lifetime. Yet, misconceptions persist, obscuring the path forward and clouding the fundamentals that reinforce the potential of this transition.
The narrative that sustainability comes at the expense of economic growth is wrong. The data tell a different story.
As stewards of our clients’ capital, we have a responsibility to look beyond short‑term market fluctuations and focus on the long game. In 2020, we set out our Ambition 2025, which aimed to:
- reduce the environmental impact of our activities and investments;
- integrate environmental, social and governance factors and active ownership into all investment processes; and
- be a leading provider of responsible investing solutions.
We also committed to net zero and set externally verified science‑based targets, the first of which was due at the end of 2025.
Evidencing the sustainability growth story in our own investments, the proportion of companies in our managed portfolios with science‑based targets stood at 48%, exceeding our 40% end of 2025 target. Over the last five years, we have also designed and deployed a strategic approach to active ownership, growing our engagements with companies on environmental, social and governance issues by 167% across the business. We launched 34 responsible investing strategies across our three investment businesses.
In 2025, we recommitted to sustainability as a strategic priority for our Ambition 2030. This means continuing to lean into the evidence and science to drive innovation and investment decisions as well as partnering with our clients and key stakeholders to create long-term value.
