2020 will live long in the memory as the year of the global pandemic, turning what we used to consider as our “normal” lives upside down.
Covid-19 has resulted in huge changes to the way in which we live, work and socialise. Some of these changes are no doubt temporary (think mask-wearing or “meeting” friends through Zoom) but at the same time many will become the new “normal”.
Changing attitudes is a lasting effect brought about by the Coronavirus, as people have had more time to think and reflect.
In the same period of time, we’ve also witnessed the effects of social injustice through the Black Lives Matter movement which has forced us to think about issues we may never have considered before.
The increase in popularity of hybrid and electric cars is one example of how many of us are now thinking differently about the environment, and making small but significant changes as a result.
This collective change in thinking is having an effect worldwide – businesses, organisations, schools are all starting to make changes to the way in which they treat their environmental, corporate and social responsibilities.
What are WE doing differently?
As a business we are also making small but significant changes to our processes in order to offer a create a better client experience.
We have recently introduced the SI client app which means we can dramatically reduce the amount of paper we use. Those clients who want to, can now securely receive, sign and send documents electronically.
Changes are also being made to how we invest our clients’ money on their behalf, incorporating funds into our portfolios that take account of Environmental, Social and Governance (ESG) issues in pursuit of capital growth.
What is ESG?
ESG is a slightly different approach to investment that seeks both financial return and a positive impact on environmental, social or (corporate) governance issues.
The global economy has changed irreversibly as a result of the pandemic and it will continue to evolve, with an increasing emphasis on greener and more efficient companies and industries as areas of future growth.
Changes made to our clients’ investments will reflect this new reality so that we can continue to generate capital growth over the medium-term for our clients without increasing the risk taken, whilst at the same time offering assurance that their money is being used positively.
Small but significant changes.
The cherry on the cake
The final piece of the puzzle for us is that we want to “practice what we preach”, not simply tick a box. So we’re in the process of applying for ‘B Corporation’ status.
Achieving this status means that we are legally required to consider the impact of our business decisions on staff, clients, suppliers, introducers, community and the environment.
So in short, our socially responsible approach is going to become part and parcel of everything we do on your behalf.
We hope that even with these small steps we can each of us go some way to make our planet a better place to live for ourselves and for future generations. We look forward with working together with you to create a force for good.