Coutts has outperformed peers in every category in the latest UN-backed Principles of Responsible Investment (PRI) assessment. The assessment reviewed all 2,791 PRI signatories which consist of asset managers, wealth managers and asset owners globally. And it clearly labelled Coutts as an industry leader.
A leading approach to responsible investing
Our investment and stewardship policy, which details our approach to integrating environmental, social and governance (ESG) principles into our investment process, was given a score of 98% by the PRI.
Leslie Gent, responsible investing lead at Coutts, noted that such a high score is clear testament to our efforts to consistently uphold the highest standards across our investment process.
“We’re also pleased to see an increase on previous scores, which illustrates that we’re investing energy in the right places to improve,” she added.
There’s an old saying, “retirement is wonderful if you have two essentials – much to live on and much to live for.” Having worked hard to build your wealth, it would be remiss not to make sure you and your family can make the most of it as time goes on.Stagflation became financially synonymous with the difficulties the UK and other economies faced in the 1970s. The oil producing organisation OPEC embargoed oil exports to many western nations, pushing up oil and energy prices dramatically. The rise in the cost of living, fuelled in part by wage price spirals, coincided with stagnant economic growth, and unemployment was high while things got more expensive. This resulted in stagflation.
Although we currently have an energy shock, especially in Europe, as a result of the Russian invasion of Ukraine, the main driver of today’s inflation pressures was the pandemic. It led to a large demand for goods when strained and locked-down supply chains couldn’t cope.