Stewart Investors' investment philosophy is to invest over the long term in high-quality companies that contribute to, and benefit from, sustainable development. They cherish and follow this philosophy at all times. The company define sustainability as improving human development outcomes within the environmental limits of our planet. Stewart Investors regard this as a more holistic concept than ‘ESG’ because it considers the utility and purpose of companies’ products and services, rather than merely measuring the social and environmental costs they impose.
This report helps to illustrate what their approach to sustainability has meant in practical terms over the past year, including:
- The company's ongoing collaborative engagement with other investors and with manufacturers – including semiconductor companies – to address the problem of ‘conflict minerals’ in their supply chains.
- Reviewing their climate targets to simplify them and ensure their alignment with Stewart Investors' investment philosophy, using measures that the company believe more closely reflect companies’ real-world emissions performance.
- Commissioning research to enhance their understanding of the use of animal testing in the healthcare sector and the potential alternatives.
- Initiating a research partnership with the Access to Medicine Foundation, whose Generic & Biosimilar Medicines Programme they are helping to fund and which aims to increase access to affordable medicines worldwide.
- Refining the company's human development pillars, which provide a framework for assessing whether companies contribute to positive social outcomes.
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