Sustainability news - May 2017
Our new human rights policy – protect, respect and remedy
Our new policy sets out why it is important we uphold, and take action to protect, the rights of our people, customers and community as well as those impacted by our suppliers, business partners and the companies we invest in.
We also published an ESG investment paper looking at why companies should ensure their actions do not violate or infringe upon the human rights of their stakeholders and how failing to manage human rights risks may result in operational and reputational impacts.
20 years of excellence for our defined contribution (DC) pensions
Our dedication to delivering quality DC pensions was recognised with an award for 20 years of excellence in DC pension schemes at the Professional Pensions UK Pensions Awards.
The judging panel, made up of senior scheme members, trustees and advisers, examined how much we've developed our services and products to help pension schemes, employers, trustees and their members.
Boosting knowledge of finance starting in the classroom
Research shows that a significant proportion of the UK population have never received financial education and lack the skills and knowledge to effectively manage their money and explain ‘basic’ financial terms, including ISA, equity and asset management.
To help increase financial capability across the UK 16 savings and investment firms, including Standard Life, have backed an initiative called KickStart Money. This collaborative project aims to take financial education to over 18,000 primary school children, catalysing a movement to build a national savings culture for the future.
Environmental, social and governance (ESG) investment team Q1 report
The report includes thematic commentary on ESG issues including executive remuneration, cobalt mining (for the production of batteries) and sustainability indices FTSE4Good and DJSI as well as details on engagements with companies we invest in and how we voted at AGMs during the quarter.