Rathbone Unit Trust Management Limited
Climate Impact & Sustainability Data (2020)
Reporting Period: 2020
Environmental Metrics
Total Carbon Emissions:421.39 tonnes CO2e (portfolio equity holdings)
Carbon Intensity:31.48 tonnes CO2e per £1 million invested.
ESG Focus Areas
- Climate Change
- Resource Efficiency
- Social Impact
- Governance
- Technology Value Chain
Environmental Achievements
- Portfolio estimated to be 79% less carbon intensive than the MSCI World Index (Scope 1 and 2 emissions).
Social Achievements
- Ongoing engagement with companies on ESG issues, including responsible sourcing of cobalt.
- Supporting companies' responses to COVID-19, including employee well-being initiatives and community support.
Governance Achievements
- Active voting on shares held, with a focus on gender pay gap disclosure, executive pay, and board member overload.
- Signatory to the UK Stewardship Code and UN Principles for Responsible Investment (UN-PRI).
Climate Goals & Targets
Environmental Challenges
- Supply chain disruptions and ESG risks associated with technology value chain (e.g., cobalt mining).
- COVID-19 pandemic's impact on businesses and the global economy.
Mitigation Strategies
- Engagement with companies to improve supply chain transparency and responsible sourcing.
- Focus on owning high-quality businesses to navigate uncertainty.
- Collaboration with UN-PRI on responsible cobalt sourcing.
Supply Chain Management
Responsible Procurement
- Engagement with suppliers on responsible sourcing of materials (e.g., cobalt).
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: UN SDGs