Cazenove Capital marks sustainability milestone with independent impact verification
Cazenove Capital’s alignment with the Impact Principles is verified by BlueMark – a leading independent provider of impact verification.
Cazenove Capital, the wealth management arm of Schroders, has had its alignment with the Operating Principles for Impact Management (Impact Principles), independently verified through BlueMark*, further reinforcing the firm’s focus on impact investment.
This is the first independent verification of Cazenove Capital’s impact management and measurement framework. It follows the independent verification of the firm’s impact reporting earlier this year.
The Impact Principles are the industry standard for integrating impact throughout the investment lifecycle. These principles are hosted by the Global Impact Investing Network (GIIN), of which Schroders has been a member since April 2021.
There are nine Impact Principles, which cover areas such as strategic intent, origination and structuring, portfolio management, and impact at exit, and include independent verification.
Cazenove Capital engaged BlueMark, an independent impact verification specialist, to independently verify the alignment of our impact management, measurement and reporting systems.
BlueMark assessed Cazenove Capitals’ investment policies, processes and tools, analysing the team responsible for their implementation and oversight, to assess how impact practices were embedded across the firm’s flagship sustainable investment funds.
Lyn Tomlinson, Head of Impact and Philanthropy, Cazenove Capital commented:
“Wealth managers play a critical role in helping asset owners allocate their capital to solving the challenges the world faces, such as climate and bio-diversity breakdown and increasing inequality. To effectively catalyse this market, they need to demonstrate expertise, access to investments and, importantly, impact investing integrity.
BlueMark’s independent verification of our impact practices follows our successful impact reporting verification in March 2023. The combined outcomes of practice and reporting verification mark a significant milestone in our sustainability and impact journey.
This independent verification is testament to our experience of applying leading impact investing practices across a multi-manager open architecture approach”.
BlueMark’s Verifier Statement is available in full here for impact practices and here for impact reporting.
*BlueMark is a leading independent provider of impact verification services in the impact investing market. BlueMark is a subsidiary of Tideline Advisors, LLC, a specialized consulting firm that works with asset managers and allocators to design and implement best-in-class impact management and measurement systems.
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For further information, please contact:
Estelle Bibby
Head of Marketing and Communications, Schroders Wealth Management
+44 20 7658 3431
Laura Keeble
Marketing Manager, Cazenove Capital
+44 20 7658 1615
laura.keeble@cazenovecapital.com
Note to Editors
About Wealth Management
As a long-established wealth manager with an absolute focus on preserving and growing our clients’ wealth, what matters most to our clients, matters most to us.
Private individuals, family offices, trusts, institutions and charities all rely on us to provide them with bespoke wealth management services. Skilled in investment management, wealth planning and banking services – we also offer discretionary fund management to external advisers and their clients, and we are the largest charity fund manager by assets under management in the UK.
For two centuries we have helped clients look forward to a successful future. With each client, we plan for the long term and invest the time to gain a detailed understanding of their unique circumstances, goals and ambitions. The majority of our clients, and many of our own people, work with us for years, decades and even generations. This creates relationships of unusual depth.
Our experience of navigating complex markets and adapting to change helps us balance risk and reward. The investment expertise we call upon as part of Schroders, a truly global asset manager, combined with our long-standing experience of advising clients, is what sets us apart.
Wealth Management office locations
Cazenove Capital: UK and Channel Islands. Schroders Wealth Management: Singapore and Switzerland.
Schroders Wealth Management, including Cazenove Capital, has £102.6 billion in assets under management globally across all Wealth Management offices (including Benchmark Capital, part of wealth management) as at 30 June 2023.
Further information about Cazenove Capital can be found at www.cazenovecapital.com.
Issued by Cazenove Capital which is part of the Schroders Group and is a trading name of Schroder & Co. Limited. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
When investing, your capital is at risk.
Fund performance is shown net of underlying fund fees and trading costs. Past performance is not a guide to future performance. The value of an investment and the income from it may go down as well as up and investors may not get back the amount originally invested.
The value of your investments and the income received from them can fall as well as rise. You may not get back the amount you invested. Cazenove Capital is a trading name of Schroder & Co. Limited. Registered Office at 1 London Wall Place, London EC2Y 5AU. Registered 2280926 England. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. For your security, communications may be recorded or monitored.