abrdn’s Mike Everett comments on the Financial Reporting Council Stewardship Code 2020

abrdn has today been included in the Financial Reporting Council (FRC) list of entities assessed as meeting the standards to be a signatory to the UK Stewardship Code 2020.

As a responsible investor, we work to ensure that stewardship and the consideration of ESG factors are embedded in everything we do. Our goal is to make a positive difference – for our clients and customers, our employees, society and our shareholders.

And as a responsible global investor, we leverage our scale and market position to raise standards in both the companies and industries in which we invest, and help drive best practice across the asset management industry.

Mike Everett, Head of Stewardship, ESG Investment, abrdn commented: “We have supported the development of high standards of stewardship for many years and recognise the UK Stewardship Code 2020 as a significant further raising of the standards increasing the scope to all asset classes and widening its application to important aspects such as governance, risk management and collaborative engagement.

“We have found that the process of creating an annual report to demonstrate our achievement of the principles has challenged us to deliver more transparent disclosure which we believe will benefit our clients and wider stakeholders who seek to assess our stewardship activities.

“We are pleased that the FRC have deemed us to have met the standards required to be a signatory of the stewardship code which we believe will be viewed positively by our clients and colleagues.”

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