What is Responsible Investing?

At Star Venusa Holdings, we define responsible investing (RI) as an investment process that incorporates environmental, social and governance (ESG) factors into its approach. RI enables clients to align their investments with global megatrends that are changing the investment landscape. Issues such as increasing regulation, the growing need for risk mitigation and a heightened social conscience can be more effectively addressed by integrating ESG factors into the investment process.

Why is Responsible Investment Important?

ESG can allow firms to foster a meaningful change in the global economy, and in the communities in which we live and work. We believe that ESG analysis leads to more effective investment solutions that address global challenges and create sustainable value for our clients.

The integration of ESG factors is used to enhance traditional financial analysis by identifying potential risks and opportunities beyond technical valuations, providing data on issues such as potential reputational risk or identifying firms which are adapting to meet new market challenges. It is important to note that the main objective of ESG integration remains financial performance.



Experience

+10 years of experience in responsible and impact investing

Classified

90% of AUM** classified as Articles 8 & 9 under SFDR

Rated

>8800 issuers rated according to ESG criteria

Portfolio

100% of our core portfolio managers have access to ESG research and scores

Our Approach to Responsible Investment

We offer a bespoke, discretionary service to the majority of our clients through investment managers, financial planners, or a combination of the two. Therefore, our responsible investment approach will be tailored to the individual needs and objectives of the client.

Reporting

We report on all of our stewardship, engagement and responsible investment activities at least annually. Details of these reports will be available on our website.

Conflicts of Interest

We report on all of our stewardship, engagement and responsible investment activities at least annually. Details of these reports will be available on our website.

Approval and Review

This statement is intended to summarise Star Venusa Holdings approach to responsible investment. Overall responsibility for this approach is held by the Sustainability Committee, which reports to the Executive Committee. It was reviewed and approved by the Sustainability Committee in December 2020. Our responsible investment statement will be reviewed and updated at least annually

We believe that high-quality companies which manage ESG risks and opportunities well will make attractive long-term investments. Our research team considers ESG factors when evaluating individual companies and when they assess fund managers. Through the use of Sustainalytics, a third-party provider of ESG data, material risks and opportunities are fed into traditional financial analysis and models for our ‘buy list’ stocks.

Our research team address ESG issues in due diligence questionnaires for all funds considered for our buy list. The team also has a dedicated socially responsible investing (SRI) list for funds with a sustainability focus, and with restrictions on investment in harmful activities. The SRI list helps our investment managers select funds which aim to deliver attractive investment returns while contributing positively to global environmental and social challenges.

During suitability discussions with their investment manager, clients can choose to apply certain ethical screening criteria to their portfolio. Clients can select certain restrictions for direct holdings, and portfolios are then created and managed to reflect these restrictions.

Brewin Dolphin is committed to being a good steward of our clients’ investments, to enhance and protect their long-term value. We are supporters of the UK Stewardship Code and have a tier one rating for our engagement work.

For each core holding, our research team will monitor and engage with company management on priority material issues that impact the value of our clients’ assets, which include material ESG issues. This can be done directly or via collective engagement with other shareholders.

OUR ESG PRINCIPLES ARE EMBEDDED THROUGHOUT OUR OPERATIONS AND HELP US ENSURE THAT OUR BUSINESS MODEL WILL BE SUSTAINABLE WELL INTO THE FUTURE.

Mitigate the impact of our operations on the environment

Environmental Stewardship: Strive to minimize the environmental impact of our operations and improve our efficient use of resources over time.

Net Zero Commitment: Support the goal of net zero greenhouse gas (GHG) emissions by 2050 or sooner.

Employ sue the well-being and safety of employees

Employ well-being: Strive to minimize the environmental impact of our operations and improve our efficient use of resources over time.

Health & Safety: Aim to have zero serious safety incidents within our businesses by working toward implementing consistent health and safety principles across the organization.

Be good stewards in the communities in which we operate

Community Engagement: Engage with community groups that might be affected by our actions to ensure that their interests, safety and well-being are appropriately integrated into our decision-making. Philanthropy: Encourage our employees to participate in the communities in which we operate.

Conduct business according to the highest ethical and legal/regulatory standards

Governance, Ethics and Fairess: Operate with high ethical standards by conducting business activities in compliance with applicable legal and regulatory requirements, and with our Code of Business Conduct and Ethics. Transparency: Be accessible to our investors and stakeholders by being responsive to requests for information and timely in our communication.

RESPONSIBLE INVESTMENT HIGHLIGHTS

Driving Responsible Investment Across All Financial Markets

Responsible investment is no longer a niche pursuit, and in many ways is perfectly suited fro fixed income investment.

Developing Data to Support Analysis and Engagement

Star Venusa Holdings Prime rating aim to highlight ESGand climate risk to support better research and stewdardship, and to help build portfolios talioredto our client's interest.

Proactive Engagement on ESG Issues Data to Support Analysis and Engagement

In 2020, 90% of 1,210 engagements included ESG issues

24/7 Customer Support

Star Venusa Holdings is a financial services company that provides various products and services to its clients. As a customer-oriented company, Star Venusa Holdings values its clients and provides excellent customer support to ensure their satisfaction.



Investing for Impact

Star Venusa Holdings added over 2bn of impact bonds to client accounts in 2020. 187 Client accounts at Star Venusa Holdings now have exposure to impact bonds

Seeing through Impact Washing

Only 40% of the impact bonds we analzyed fully met our sustainability expectations in 2020

A responsible partner

Star Venusa Holdings is offering greater transparency around our opeations, with new diversity target for our workforce.

Instant Withdraw

Star Venusa Holdings is a financial services company that provides instant withdrawal on the completion of the plan

GOVERNANCE

We are always working to maintain sound governance practices to ensure ongoing investor confidence. This involves a continual review of how evolving legislation, guidelines and best practices should be reflected in our approach. For example, we have a zero-tolerance approach to bribery, including facilitation payments, and all Star Venusa Holdings employees are mandated to complete an in-depth anti-bribery and corruption (ABC) training seminar annually. Star Venusa Holdings maintains an ethics hotline to report suspected unethical, illegal or unsafe behavior. Our reporting hotline is managed by an independent third party and is available 24 hours a day, 7 days a week. We also require all portfolio companies in which we have a controlling interest to adopt an ABC policy that is equally stringent to Star Venusa Holdings’s, which entails that portfolio companies install an ethics hotline within six months of acquisition.

HEALTH AND SAFETY IN OUR PORTFOLIO COMPANIES

Employee health and safety is a top priority at Star Venusa Holdings. We view health and safety as an integral part of the management of our business and therefore consider it a line responsibility best managed by portfolio companies. We have established a safety steering committee, which includes the CEOs and COOs of each business group, to promote common values and a strong health and safety culture, share best practices and monitor serious safety incidents. In the event that a serious incident does occur, Star Venusa Holdings conducts an in-depth investigation to determine root causes and formulate remediation actions.

DIVERSITY & INCLUSION

Embedded in our culture is a commitment to advancing diversity and inclusion across our organization. This begins at recruitment, continues in leadership training programs and is woven into our policies and procedures. As a global firm, we know that the best ideas come from having people from different backgrounds, perspectives, experiences and skills across all businesses, levels of seniority and offices. Training programs set clear expectations for our leaders in terms of their role in helping all team members achieve their potential. The training emphasizes building trust with their teams, becoming aware of unconscious biases and provides guidance on how to add rigor to decision-making especially in recruiting, performance feedback and promotion, with the goal of creating a more diverse and inclusive environment. Our internal groups and networks, including a global Star Venusa Holdings Women’s Advisory Committee and a Diversity Advisory Committee, actively advise management on how to make our Firm more welcoming to people from diverse backgrounds.

WORKFORCE DEVELOPMENT

Supporting vulnerable populations by partnering with organizations that provide professional development, life skills, and educational opportunities.

EMPOWERING COMMUNITIES

Partnering with organizations providing access to housing, transportation and those working to decrease the digital divide.

EDUCATION & FINANCIAL LITERACY

Fosters economic opportunities for youth by collaborating with strategic partners specializing in education and financial literacy.

A SUSTAINABLE TOMORROW

Star Venusa Holdings is committed to building sustainable, diverse and inclusive organizations in communities where we work and live.

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