Our CEO, Tony Dalwood, is ultimately responsible for the implementation and monitoring of our responsible investing programme including our climate related activities and has delegated day to day responsibilities to our COO, Andrew Hampshire, who has the authority to drive change as needed. The COO provides regular updates on the implementation and ongoing management of the Sustainable Investing Policy within Gresham House. This includes regular reporting at management committee meetings at both a regulatory and GH plc board level.
We have created a Sustainable Investment Committee (SIC) to drive the deliverables outlined in our policy and underlying asset class policies. The SIC has two Gresham House Asset Management Board member representatives (Andy Hampshire, COO and Heather Fleming, Head of Institutional Business), plus strategically appointed individuals from each investment division, as well as other parts of the business including marketing and sales. The SIC oversees the strategy, policy, reporting and communications (both internal and external) relating to sustainable investment and acts as a coordinating body. It also provides a forum to share best practices across the whole organisation, as well as upskilling employees on sustainability matters on a periodic basis, which may include externally credited qualifications.
The SIC meets monthly at present, and will subsequently meet quarterly and undertakes a regular review and assessment of the Gresham House investment team’s collective performance with the aim of driving long-term positive change within the business. An organisational chart and Terms of Reference can be provided upon request (see response to 7.7 below).
All our investment professionals are responsible for the implementation of Gresham House’s sustainable investing policy within their relevant asset classes. We have created bespoke content-rich asset management tools for each investment team to enable them to implement our policy commitments in a robust and consistent manner within each asset class. Additionally, we have established a set of Gresham House overarching KPIs and suite of asset-class specific KPIs to be monitored by each investment team and collectively by the SIC to analyse and document progress. We have started monitoring, analysing and internally reporting on these, and intend to create a dedicated Sustainable Investment report, on an annual basis as a minimum.