Schroders supports Embankment Project for Inclusive Capitalism’s sustainable growth drivers
Schroders is pleased to support the Embankment Project for Inclusive Capitalism (EPIC)’s drivers of sustainable and inclusive growth.
These factors - identified in EPIC’s recent report and covered in the Financial Times - bring together a collection of market participants representing $30 trillion of assets under management and almost 2 million employees globally.
The report recognises that a company’s value is increasingly reflected not just in its short-term financial performance but also by intangible assets such as talent, innovation, governance and its impact on society and the environment.
The hope is that these metrics will become generally accepted and included in corporate reporting, allowing value to be added to non-tangible assets in a standardised way.
Peter Harrison, Group Chief Executive, Schroders, said:
“As a fundamental, active investor Schroders recognises that sustainability is the bedrock of strong, durable businesses and it therefore forms a key part of our understanding of the companies we invest in. Schroders is committed to strengthening its knowledge of the drivers of long-term value creation.
“Achieving real change for businesses and their investor stakeholders requires working across the industry’s value chain through initiatives like The Embankment Project for Inclusive Capitalism (EPIC).”
Lady Lynn Forester de Rothschild, CEO and Founder of the Coalition for Inclusive Capitalism, said:
“The activities that society expects from business are changing and this will affect value creation for long-term investors.
“EPIC addresses this reality and represents a breakthrough in how businesses can measure and report the true value they create for all stakeholders.”
The EPIC project was launched last year by the Coalition for Inclusive Capitalism and EY.
For further information, please contact:
Andy Pearce, Institutional PR Manager Tel: +44 (0)207 658 2203 firstname.lastname@example.org
Estelle Bibby, Senior PR Manager Tel: +44 (0)207 658 3431 email@example.com
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