Tanya Dos Santos, Global Head of Sustainability at Investec, continued: “Partnering with our clients and incentivising them to be more responsible and impactful is a critical element of our sustainability strategy. We see this pioneering product as another significant step in using our financial expertise to address socio-economic issues and create a more sustainable world.”
Investec CEO Fani Titi is one of 30 global leaders that make up the CEO Alliance of the United Nations Global Investors for Sustainable Development who aim to accelerate action to scale up sustainable investment globally.
What is the FTSE4Good UK 50?
The FTSE4Good UK 50 Index tracks the performance of the shares of the 50 largest companies listed on the London Stock Exchange which also demonstrate strong Environmental, Social and Governance (ESG) practises.
The stocks that make up the FTSE4Good UK 50 Index generally also feature in the FTSE 100 Index, since both indices track the shares of the largest companies listed on the London Stock Exchange.
FTSE Russell, which oversees the indexes that carry its name, gives an ESG rating to companies based on how well they manage Environmental, Social and Governance issues.
Environmental issues include how well the company manages its water usage, how much it pollutes, and how effectively the company combats climate change.
Social issues include how responsible the company is to its customers, how well it complies with labour standards, and the company’s policies towards human rights and its communities.
Governance issues include how effectively the company prevents corruption, the quality of its management and how transparent the company is with its taxes.
