Building a responsible business

We're dedicated to contributing making a positive impact through our actions in our office spaces, responsible investment strategy and governance.

We’re committed to responsible investment and believe that the way we invest our customers savings can make a meaningful difference, both to their financial future and the world we live in. Investing in well-governed companies that monitor and manage their environmental and social impacts well, may help contribute to better long-term growth potential. By using our expertise and influence, we can help encourage positive change – helping contribute to a fairer, more sustainable society for us all.

Promoting sustainable habits across our office environments

We’ll play our part in creating a more sustainable environment for the future. Caring for the environment in our office spaces is a key element of our positive impact ambitions:

We use 100% renewable energy
Installed and maintain 5 beehives in Edinburgh and planted wildflowers for our bees
Recycle over 90% of our waste
Our target is to cut emissions from our offices by 77% by 2029 (compared to 2019)

Making an impact through governance

We have a strong environmental, social, and governance foundation in place that underpins our commitment to doing business in a responsible manner and to facilitate the transition to a climate-neutral economy.

Our efforts to address climate change are overseen by our UK Sustainability Board, reporting into the Aegon Global Sustainability Board. The UK Sustainability Board is tasked with evaluating new climate developments affecting our business activities and recommending actions as necessary.

Our 2023 Task Force on Climate-Related Financial Disclosures (TCFD) report sets out our approach to managing financial risk from climate change

TCFD product report

TCFD entity report

Our approach to Stewardship

We believe in the importance of stewardship. By engaging with the companies they invest in, fund managers can encourage positive changes such as implementing decarbonisation or net-zero targets.

Real-world change requires collective action and we're keen to collaborate and support initiatives aimed at creating a more sustainable and resilient future. That's why we've joined industry groups such as The Institutional Investors Group on Climate Change (IIGCC).

Making a positive impact

Making a positive impact is a key element of our strategy and is integral to our daily decision-making. We recognise that as a business we can, and want to, make a difference.

Read our sustainability brochure