The environment and climate change

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.

The climate disclosures Newton Investment Management Ltd (NIM) has made in line with the recommendations of the TCFD are a board matter overseen by its chair. The total Scope 1, 2 and 3 emissions of NIM’s clients’ investments (overwhelmingly the major source of the firm’s related emissions) have fallen significantly in recent years, as highlighted in its TCFD report, and are well below those of reference benchmarks. In future, we will produce our TCFD report on the basis of the combined Newton group.

In March 2021, Newton joined the Net Zero Asset Managers initiative, which to date represents over US$37 trillion of assets managed by 87 global asset managers committed to supporting the goal of net-zero greenhouse gas emissions by 2050 or sooner. We recognise that urgent action is needed now, as to achieve a net-zero world by 2050 requires that global greenhouse-gas emissions must fall by 45% from 2010 levels by 2030, according to the Intergovernmental Panel on Climate Change (IPCC). By joining the initiative, we commit to work with our clients to help fulfil their net-zero ambitions and to navigate portfolios through the complex energy transitions that are unfolding.

Resource conservation

With our parent company BNY Mellon, we have implemented a number of energy-efficiency projects such as lighting control and heating, ventilation, and air conditioning (HVAC) upgrades.

We are committed to efficient water use, and plan to further reduce the use of water in our building operations by 2025. With BNY Mellon, we issued a goal to divert 80% of our waste from landfills, and plan to divert 100% of technology equipment from landfills by 2025. We have also worked to reduce our paper usage, and have comprehensive paper recycling and offset schemes in place.

2025
goals include
80%
of waste away from landfills
100%
of technology equipment away from landfills

The wider community

Newton Investment Management Ltd is a founding member of KickStart Money, a ground-breaking collaborative project that aims to take financial education to over 18,000 UK primary school children, catalysing a movement to build a savings culture for the future.

We also support various organisations and activities that advance the quality of life where our employees work and live. Under BNY Mellon’s Community Impact Programme, our employees are entitled to three paid days of volunteering every year. We have a matching policy for individual donations and fundraising.

Our voluntary ‘salary sacrifice’ scheme is an initiative which facilitates charitable donations. Recently, given the challenges being faced by many as a result of the Covid-19 crisis, we have used our privileged position to donate both time and money to support those in need.

Wider community

BNY Mellon – putting the Future FirstSM

View the BNY Mellon Code of Conduct.

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.