XPS Investment publishes its latest UK Stewardship Code Submission for 2023
XPS Investment publishes its latest UK Stewardship Code Submission for 2023
31 May 2024
We have published our fourth stewardship report as part of our submission to the 2020 UK Stewardship Code in respect of 2023. We were successful in each of our previous applications to the Code.
This report provides a comprehensive summary of our approach and key activities undertaken in the year to ensure robust stewardship on behalf of our clients.
In summary, our key activities in the year were
- 227 funds rated on ESG and feedback provided to all managers
- 39 Sustainable funds, including rating 5 new funds during the year, to help our clients implement their investment strategies in a sustainable way
- 9% of XPS’s assets under advice invested in Sustainable funds.
- 8 sustainability-based thought leadership pieces keeping our clients and wider stakeholders up to date on key topics
- 1 firm-level net zero strategy
Alex Quant, Head of ESG Research said: “Our latest stewardship report demonstrates the progress we have made around responsible investment. Through our research, investment advice and contribution to industry initiatives we continue to support our clients embed sustainability and strong stewardship into their investment strategies.”