Seven core principles guide our conduct at Newton and our relationships with our clients and other stakeholders. Key among them are our sense of purpose, and the trust and accountability that underpin everything we do.
At all levels of our organisation, we promote and foster a culture of accountability, in which employees are responsible for achieving the outcomes we commit to delivering for our clients.
We welcome different perspectives and seek to bring them together for the benefit of our clients.
We encourage idea generation and innovation to support our clients’ evolving requirements and adapt to changing market conditions.
Our employees think like owners, and are motivated to make personal contributions to help meet our clients’ investment objectives.
We encourage diversity of thought, and we are flexible in identifying new ways to meet challenges and achieve aspirations.
We have a clear and undistracted goal – to deliver our clients’ desired investment outcomes. We are highly active and engaged in seeking to achieve that goal, and in our wider role in society.
We act with honesty and integrity. We seek to build long and fruitful relationships with our clients by transparently doing what we say we will do.
Sustainability is integral to our long-term growth. We place great emphasis upon strong internal management structures, governance systems and communications, and we uphold diversity as a positive influence within our culture.
The integration of responsible investment (environmental, social and governance) criteria is a key element of our investment process, and we have actively voted our clients’ shares since 1978.
We are committed to a variety of environmentally guided initiatives, including the Carbon Disclosure Project and the UN Principles for Responsible Investment.
On climate change, our work has, for many years, included engaging with companies to understand the risks posed to the successful delivery of their business strategies, and to push for better disclosure on their management of carbon risks and opportunities.
We welcome and support the Task Force on Climate-related Financial Disclosures (TCFD) recommendations, not only as a means of gaining better transparency on climate-related risks to investments, but also as part of a wider movement to limit global warming to well below 2 degrees Celsius.
We have recently published our 2018 TCFD Disclosure Report, which was commissioned by Hanneke Smits, our chief executive officer. It constitutes our first step in TCFD disclosure, and we are particularly pleased to have identified that our total ‘Scope 1’, ‘2’ and ‘3’ emissions, which take into account the emissions from all our clients’ investments, are 26% below those of a multi-asset benchmark, and that 51% of our clients’ utility investments are in renewable energy.*
Throughout 2019, we plan to undertake further work to enhance our disclosure, including more extensive climate-related scenario analysis to assist in identifying climate-related investment risks and opportunities. We will also continue to participate actively in industry-wide initiatives to advance investor thinking about climate change. We will issue an updated version of our Disclosure Report during 2019.
2018 TCFD disclosure report
How we consider climate-related risks and opportunities with regard to our business and our clients’ investments.
Newton responds to the requirements of communities by supporting organisations and activities that advance the quality of life where our employees work and live.
Employees are entitled to three paid days of volunteering every year. We also have a matching policy for individual donations, volunteering and fundraising. Our voluntary ‘salary sacrifice’ scheme is an initiative which facilitate charitable donations.
Our ‘Get Involved‘ group supports a variety of fundraising projects, and encourages employees to participate in fundraising and volunteer activities for a range of causes.
This is a financial promotion. Issued by Newton Investment Management Limited, The Bank of New York Mellon Centre, 160 Queen Victoria Street, London, EC4V 4LA. Registered in England No. 01371973. Newton Investment Management is authorised and regulated by the Financial Conduct Authority, 12 Endeavour Square, London, E20 1JN and is a subsidiary of The Bank of New York Mellon Corporation. Newton is providing financial services to wholesale clients in Australia in reliance on ASIC Class Order 03/1099, a copy of which is on the website of the Australian Securities and Investments Commission, www.asic.gov.au. The Class Order exempts entities that are authorised and regulated in the UK by the FCA, such as Newton, from the need to hold an Australian financial services license under the Corporations Act 2001 for certain financial services provided to Australian wholesale clients on certain conditions. Financial services provided by Newton are regulated by the FCA under the laws and regulatory requirements of the United Kingdom, which are different to the laws applying in Australia.
Material in this publication is for general information only. The opinions expressed in this document are those of Newton and should not be construed as investment advice or recommendations for any purchase or sale of any specific security or commodity. Certain information contained herein is based on outside sources believed to be reliable, but its accuracy is not guaranteed. You should consult your advisor to determine whether any particular investment strategy is appropriate. This material is for institutional investors only. Past performance is not a guide to future performance. Your capital may be at risk. The value of investments and the income from them can fall as well as rise and investors may not get back the original amount invested.
This material is for Australian wholesale clients only and is not intended for distribution to, nor should it be relied upon by, retail clients. This information has not been prepared to take into account the investment objectives, financial objectives or particular needs of any particular person. Before making an investment decision you should carefully consider, with or without the assistance of a financial adviser, whether such an investment strategy is appropriate in light of your particular investment needs, objectives and financial circumstances.
This information is made available by Newton and BNY Mellon Investment Management Australia Ltd (AFSL 227865). This information is confidential and is only provided to Australian wholesale clients (as that term is defined in section 761G of the Corporations Act 2001 (Cth)). This is not an offering or the solicitation of an offer to purchase an interest in any financial product referred to in this website. This content is for general purposes only and should not be relied upon as financial product advice. This content has been prepared without taking into account the objectives, financial situation or needs of any person. Before making an investment decision an investor should consider the appropriateness of the information in this website having regard to these matters and read the disclosure document relating to a financial product. Investors should also consider obtaining independent advice before making any investment decisions. Investments can go up and down and to the extent that this website contains any past performance information, past performance is not a reliable indicator of the future performance of the relevant investment or any similar investment strategy.
Newton Investment Management Limited is exempt from the requirement to hold an Australian financial services licence in respect of the financial services it provides to wholesale clients in Australia and is authorised and regulated by the Financial Conduct Authority of the UK under UK laws, which differ from Australian laws.