2. Commitment to Global Standards

Saracen Fund Managers Ltd (SFM) supports the aims of the UN Sustainable Development Goals (SDG’s).

a) Company Principals

Saracen Fund Managers Ltd (SFM) supports the aims of the UN Sustainable Development Goals (SDG’s). We have focused our efforts on those which align most closely to our strategic priorities, in order to make the biggest impact. We believe all companies have a responsibility to help achieve the aims of the SDG’s. SFM looks to play our part in helping to promote health, wellbeing and equality of our employees, protect the planet, and ensure prosperity for all. The UN SDG’s can guide us, our clients, and society towards a brighter, sustainable future. We support all 17 of the UN SDG’s, but we focus our efforts on those which align closely with our strategic priorities. That is where we can have the biggest impact which are namely;

Ensure Healthy Lives and Promote well-being

We offer our employees a range of products, advice and support to stay healthy. SFM provides a comprehensive medical insurance policy to assist both employees and their families with any physical and mental health issues. Our health, safety and wellbeing target is to have 100% of employees well at work. By managing safety and supporting their health and wellbeing, we can create a healthy environment where they can perform, are resilient in times of change, feel engaged and are productive in their roles.

Promoting Gender Equality

We are committed to fair financial rewards for all employees which are consistent with our remuneration policy. We also know that when women in business are visible it inspires change. We strive to ensure that there is adequate gender representation on the recruitment shortlist for all roles at all levels. We are striving for 50:50 gender representation on recruitment shortlists for all roles at all levels. We’re committed to having 40-60% of either gender represented at every level of the business.

Promoting Decent Work & Economic Growth

We promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all. We employ 9 people and have an extensive Employee Handbook in place. Everyone employed by SFM earns well in excess of the living wage. We aim to continue to provide our investors with a return in excess of the comparative benchmark for their fund. Quarterly Board Meetings will promote good governance, ensure risk is adequately managed and that all regulatory changes are appropriately actions. Good decision making at this level promotes an engaged and productive workforce. We strive to have no complaints from investors in our funds.

Take urgent action to combat climate change and its impacts

We aim to reduce our carbon footprint by using public transport and trains for business trips. Flights are used only when strictly necessary. We have a recycling policy in the office and procure office supplies as locally as possible. The use of utilities is minimised at all times. SFM has an Environmental Policy in place. We aim to send 75% of our office waste for recycling by 2021. During 2020 we replaced all disposable plastic cups with glasses for visitors. All employees will be encouraged to use a reusable water cups only. We aim to reduce the number of reams of paper used by 20%.

b) Investment Principles

We are a signatory to the internationally recognised Principles for Responsible Investment (UN PRI). As such we are committed to incorporate ESG factors in investment decisions and adhere to the six Principles for Responsible Investment which are namely;

  • We will incorporate ESG issues into investment analysis and decisionmaking processes.
  • We will be active owners and incorporate ESG issues into our ownership
    policies and practices.
  • We will seek appropriate disclosure on ESG issues by the entities in which
    we invest.
  • We will promote acceptance and implementation of the Principles within the
    investment industry.
  • We will work together to enhance our effectiveness in implementing the
    Principles.
  • We will each report on our activities and progress towards implementing the
    Principles.