Hymans Robertson becomes UK Stewardship Code signatory
06 Sep 2021
Hymans Robertson has been listed as a signatory to the UK Stewardship Code 2020 by the Financial Reporting Council (FRC). The Stewardship Code ‘Code’ sets high standards for participants in the financial services industry to demonstrate their stewardship practices. This marks the leading actuarial and pension firm’s continued commitment to addressing responsible investment issues across its business and follows the recent launch of a new action group, The Climate Impact initiative, and the firm becoming a member of Pensions for Purpose.
As it celebrates its centenary, Hymans Robertson has also made a climate pledge as part of its vision of a net-zero carbon future. As of 2021 it has become carbon neutral and is working to halve its carbon footprint and offset its historic carbon emissions by 2025.
Explaining the importance to the firm of becoming a signatory, Simon Jones, Head of Responsible Investment, Hymans Robertson says:
“The 2020 Code set a high bar for organisations to demonstrate their ongoing commitment to stewardship and we are delighted that the work that we have undertaken in recent years to embed responsible investment practices into our day-to-day activity has been recognised by the FRC. We have an important responsibility, and duty, to our clients, our employees and to the wider market to demonstrate leadership on issues including diversity and inclusion, and climate change. Being able to illustrate the positive steps that we have taken both internally and in working with our clients will hopefully catalyse others to take further action.
“Our objective now is one of continued improvement. We recognise that the world of responsible investment is evolving quickly, making it essential that we ensure that our clients and consultants are not only equipped with the right knowledge and skills, but that there is a clear focus on the change we can help to create. The climate emergency and the need to realise real-world emissions reductions remains an area of focus, we hope that our own climate impact initiative impact will help actively drive change.”
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