Eight extra adviser corporations have joined the AdviserAction group, a campaigning membership organisation launched final yr to assist the adviser sector have interaction higher with listed corporations on sustainability points.
The brand new corporations becoming a member of up embrace: Moral Futures, Foster Denovo, Henson Crisp, Holden & Companions, Kingsfleet Wealth, Prydis Wealth Scotland, TAM Asset Administration and Unburdened Options.
The group, facilitated by CCLA Funding Administration, has to this point signed up 16 member corporations which collectively have £8 billion in belongings beneath recommendation.
Different recommendation corporations are additionally being invited to hitch.
Founding members embrace Castlefield, Clear Monetary Recommendation, ESG Accord (Accord Initiative), Fintel PLC, Kellands Chartered Monetary Planners, Lyndhurst Monetary Administration, Paradigm Norton and SRI Companies.
AdviserAction was launched in late 2023 to supply extra assist to the advisory sector when partaking with listed corporations on sustainability points.
AdviserAction says that advisers play a key position in sustainable finance however have struggled to take part in stewardship because of the construction of the trade.
The organisation was set as much as coincide with the FCA’s publication of sustainable fund labels and anti-greenwashing guidelines, in addition to the introduction of the Shopper Obligation.
Clémence Chatelin, ESG integration supervisor at CCLA, stated: “Engagement is likely one of the most necessary methods our trade can drive progress at investee corporations, so it’s massively encouraging to see extra advisers be a part of forces to sort out systemic sustainability points.
“It’s clear that advisers need to be concerned in sustainability and we’re excited to pool this rising group’s sources, experience and enthusiasm to tackle efficient, system-wide engagement on the problems that matter most to purchasers.”
CCLA is an funding supervisor with a track-record of campaigning on local weather change, trendy slavery and psychological well being. It was based in 1958 and is owned by its purchasers in church buildings, charities and by native authorities and employees. It has £14.5bn of belongings beneath administration as at 31 March 2024.
AdviserAction could be contacted at: This e mail deal with is being shielded from spambots. You want JavaScript enabled to view it.
