The three main areas of focus for responsible investment relate to the environmental and social impact of any business’s activity, and the manner in which a business is managed. Together, these factors are known as Environmental, Social and Corporate Governance (‘ESG’).
ESG processes and procedures focus on non-financial performance indicators that address a company’s approach towards responsible investment, sustainability, its impact on society and the environment, as well as other ethical and corporate governance considerations.
The depletion of natural resources and the threat of climate change have raised concerns about the environment and the potential financial impact on businesses. Sustainable options are increasingly being considered as part of investment choices. The issues are diverse but the main areas are:
Inclusion, diversity and equality are becoming more important considerations in relation to the way in which businesses operate and can generate competitive advantage; with these areas attracting increasing scrutiny from a range of stakeholders. In particular, there are increasing commercial benefits for businesses which have inclusive and diverse work ethics and practices; and we look at the impact a company has on its employees, local communities and society.
The main areas of consideration are:
Corporate governance covers the rights and responsibilities of the management of a company – its structures, corporate values and accountability processes. This relates to the following areas:
At Door we stand committed to adopting ESG best practices.
As a principled company, we hold ourselves to the highest possible standard. As part of this ethos of acting ethically, we have a responsibility to consider the environment, social and governance (ESG) impacts of our activities. We aim to ensure that our activities positively affect society as a whole.
The Company holds itself accountable for its impact on society and looks to prioritise profits, people, and the planet in equal measure, operating as a means of improving reputation and profitability. In practice, this involves initiatives like helping in the local community, reducing our Company’s carbon footprint and working with local charities.
We appreciate that all our activities, whether in the office or as a consequence of the business activities, we undertake have a positive or negative impact on the environment.
The Company’s activities are subject to on-going review and there is commitment from the senior management team to reduce our environmental impact as far as is reasonably practicable.
This includes:
These commitments are outlined in further detail within the Company’s Environment Policy
Door will conduct business in a socially responsible and ethical manner. All our staff are expected to do the same.
Social values are ingrained in the culture of our Company and every facet of the business, not just because we have a corporate responsibility but because we believe it is the right thing to do as an ethical business.
Social values to us means many things including:
Door will advise our partners, contractors, and suppliers of our social values, and will work with them to achieve consistency with this policy.
Our Company’s commitment to social values are outlined in further detail within a number of our policies, including:
Door is committed to maintaining the highest standards of integrity and corporate governance practices in order to maintain excellence in its daily operations, and to promote confidence in our governance systems.
We pride ourselves in having a transparent decision-making process in place that is underpinned by clear policies and processes. All of those policies are underpinned by a Code of Ethics which outlines the integrity within which we expect our business to be run. That high level of integrity applies to all.
Our Company policies are reviewed on at least an annual basis. They must be approved by the senior management team and all staff are required to attest that they have read and understood the policies applicable to them.
We aim to ensure accurate, consistent and timely information is provided to our stakeholders including customers and investors.
For further information on our commitment to ESG best practices please contact: policies@doorfunds.com.