Martin Currie achieves top ESG Rating for second year in a row

Edinburgh-based wealth management firm Martin Currie has achieved A+ ratings from the Principles for Responsible Investment (PRI) for its responsible investment activities.

The Principles for Responsible Investment (PRI) assess responsible investment activities across the industry each year, and tor the second year running, the PRI has awarded Martin Currie an A+ (highest performance band) in all three of its top-level categories: ‘Strategy and Governance’, ‘Incorporation’ and ‘Active Ownership’.

MC also came out in the top quartile of the investment manager peer group across all sub categories.

Notably, the firm came in in the top 9 per cent for Integration, a result which MC said was confirmation that ESG is “truly embedded in our investment process”.

David Sheasby, head of stewardship and ESG, said: “Retaining our A+ PRI ratings is excellent news and validation of the time and effort invested in further developing our stewardship and ESG capabilities.

“In 2017, we employed a big-four consultancy to carry out a gap analysis on our ESG approach; built a new internal ESG hub and enhanced our internal training programme; promoted the merits of responsible investment at several global events and delivered bespoke ESG training to clients and consultants.

“All this was in addition to a busy year of company engagement and proxy voting. I am pleased to say this pace of progress is unwavering at Martin Currie.”