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Social Sustainability Actions

Explained ESG framework

ESG stands for Environmental, Social, and Governance. It's a framework that helps companies assess and communicate their own impact on the world. ESG is becoming increasingly important in business, and expectations are growing for companies to promote sustainability and responsibility, whether from investors, regulatory bodies or the general public.

Outlined ESG reporting

Companies publish ESG reports, also known as sustainability reports, to share their ESG practices and performance with stakeholders. This report allows companies to be open about their sustainability efforts and show their continued commitment. Strong ESG performance can attract investors who value sustainability.

Described responsible investment

We invest billions of our customers’ savings and our responsible investment principles are integral to how we do this. These responsible investment principles are also aligned to our wider corporate objectives, regulatory obligations and our stakeholder requirements.

Implemented RIF in 2019

Our Responsible Investment Framework (RIF) was implemented in 2019. It defines how environmental, social and governance (ESG) factors are integrated into our investment analysis, decision-making processes, and with our broader purpose and strategy.

Invested in green assets

During 2023, we invested in £325m of eligible green and social assets in accordance with our Sustainability Bond Framework. In 2022 we met our total £575m green and sustainability bond investment commitments, well ahead of schedule.

Set stewardship approach

We believe that stewardship is essential to achieve an efficient transition to a low carbon economy. Our commitment to stewardship and engaging with companies, where relevant, is included in our Responsible Investment Framework.

What do our labels mean?

Certified B Corporation Logo

Certified B Corporation

About Social

  • Status
  • Unverified
  • Employees
  • 5 - 25
  • Country
  • United Kingdom
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