We strive to be responsible stewards of our clients' assets within a framework of good governance and transparency.
Columbia Threadneedle score
Strategy & Governance
Listed Equity – Incorporation
Listed Equity – Active Ownership
Fixed Income – Sovereign, Supranationals and Agencies
Fixed Income – Corporate Financial
Fixed income – Corporate Non-Financial
1 As at 30 June 2021
2 As at 30 October 2021
3 As at 30 June 2021
Key industry associations
- Founding member of the United Nations-backed Principles for Responsible Investment (PRI).
- Active participant in a range of key industry initiatives including Investment Association committees, ICMA’s Social Bond Principles, SASB working groups, PLSA Stewardship Advisory Group.
- Commercial partnerships with Big Issue Invest, INCO, Carbon Trust and Sustainalytics.
By considering the additive insights of ESG factors provided by our analysts, our portfolio managers can better assess the sustainability of companies they (plan to) invest in, ensuring long-term value creation for our clients.
Stewardship and proxy voting
- The material significance of an issue to the company.
- The risk to our clients.
- The size of our holding.
- Our opportunity to collaborate.
- Our ability to effect change.
Columbia Threadneedle Proxy voting 2020
Source: Columbia Threadneedle Investments, ISS ProxyExchange, 31 December 2020.
Identifying sustainable opportunities
Columbia Threadneedle Investments sustainable themes
Managing real estate responsibility - our five-stage approach
- Property investment (asset acquisition) Our fund managers carry out forensic due diligence and comprehensively survey all properties considered for acquisition. They look at factors including energy performance/MEES (minimum energy efficiency standards), environmental risks/impact (including flood risk), and areas for potential improvement in terms of sustainability performance.
- Strategic asset management Our asset managers develop unique strategies to add value to every building we manage. They consider areas including environmental, energy and water efficiency, waste management and sustainability best practices. They also look at ways to promote health and well-being and community engagement. Finally, our asset managers seek opportunities to promote information sharing and co-operation with tenants, to enable sustainability strategies to be jointly implemented by the occupier and the management team.
- Refurbishment and building improvement Refurbishments carried out by our asset managers offer the greatest potential to improve the environmental and social impact of our buildings. Our Refurbishment Guide promotes high sustainability standards, and construction projects incorporate a set of minimum requirements relating to: environmental management; building quality and flexibility; health and well-being; energy efficiency; transport; water; building materials; waste management; and ecology and pollution.
- Property management We are active managers who seek to continually improve the day-to-day environmental impact of our buildings while maintaining high levels of occupier satisfaction and engagement. This is achieved by dedicated Oversight Managers who collaborate with third-party managing agents to deliver objectives aligned to clearly defined targets set out in our Sustainability Road Map (see next page). Oversight Managers are also responsible for monitoring health and safety on all our properties, ensuring oversight through monthly reporting, meetings, and independent annual audits.
- Risk and governance Our Real Estate team benefits from rigorous risk and governance controls. We have an integrated Real Estate Governance team providing ‘first line’ risk and governance oversight. The team also has a liaison function with Group Investment and Operations Risk and Compliance (‘second line’ functions), and with Audit (‘third line’) as required. Our investment and management process controls are also independently audited on an annual basis as part of our company’s ISAE reporting obligations.
4 Sustainable real estate investment: Implementing the Paris Climate agreement – an action framework, PRI, 2016
5 Source: https://gresb.com.