TIDMREC
Record PLC
05 October 2021
05 October 2021
RECORD PLC
('Record' or the 'Company')
New ESG Initiatives
Publication of Inaugural Sustainability Report
Record plc, the specialist currency and derivatives manager, is
pleased to update the market on its new Sustainability Report,
highlighting Record's progression in the area of
sustainability.
This inaugural report reflects and underlines the Company's
commitment to sustainability. It is designed to provide investors
and other stakeholders with a succinct view of the Company's
approach to this important subject and to enhance the Company's
existing portfolio reporting. A full copy of the Sustainability
Report can be accessed here:
https://www.recordcm.com/storage/uploads/docs/Sustainability%20Report%202021.pdf
Record has taken significant strides towards improving
transparency through ESG disclosures and in publishing climate
targets, allowing the Company to be held accountable to meet its
future targets and goals.
Some key achievements in the report are highlighted below:
-- Formalising the centrality of sustainability within its
governance structure, introducing a Senior Sustainability Office
into the Sustainability Office framework in order to better
coordinate consideration and accelerate the decision-making
processes with regard to sustainability across the businesses.
-- Development of its Emerging Market Sustainable Finance
Strategy, which aims to invest currency with impact. The strategy
combines investment in currencies, sustainable development bonds,
and counterparty engagement to nurture and enhance financial
development across its universe of emerging and frontier
countries.
-- Climate financial related risk reporting in accordance with
the TCFD framework across the following four pillars; Governance,
Strategy, Risk Management and Metrics & Targets.
-- A commitment to become net-zero by 2050 in line with the
Paris Agreement, outlining some of the actions Record will take to
reduce business emissions.
-- Record's data-driven approach to diversity and inclusion is
highlighted as a crucial component in forming its Diversity and
Inclusion Action Plan.
-- Partnership with a number of organisations and charities
which have an impact on the community, including Insuring Women's
Futures and Destiny Transformers.
In addition to the sustainability report, the Company has also
signed up to the Business in the Community's (BITC) Race at Work
Charter, an initiative designed to improve the experiences of
black, Asian and minority ethnic employees in the workplace. The
Charter sets out five actions for signatories like Record to
undertake, including:
-- Appointing an Executive Sponsor for race
-- Capturing data and publicising progress
-- Ensuring zero tolerance of harassment and bullying
-- Making equality in the workplace the responsibility of all leaders and managers
-- Taking action that supports ethnic minority career progression
Leslie Hill, Chief Executive of Record plc, commented:
"We welcome this opportunity to succinctly present the Company's
approach to sustainability in this inaugural report. We have always
been very conscious of ESG, however, this has been a landmark year
for reporting our sustainability achievements and objectives at
Record. We are committed to becoming a sustainability leader;
aligning our development and growth accordingly to better serve all
our stakeholders."
-Ends -
For further information, please contact:
Record plc
Tel: +44 (0) 1753 852 222
Leslie Hill, Chief Executive Officer
Steve Cullen, Chief Finance Officer
Buchanan
Tel: +44 (0) 20 7466 5000
Giles Stewart record@buchanan.uk.com
Victoria Hayns
Henry Wilson
George Beale
Notes to Editors
Record plc
Founded in 1983, Record is an independent, market-leading
specialist currency and derivatives manager with over 38 years of
experience which has allowed us to develop a deep and fundamental
understanding of the risk and reward opportunities within those
markets.
Our range of products typically assist our clients in achieving
either their risk-reduction (via Currency Hedging) or
return-seeking (via Currency for Return) objectives.
Our clients are largely institutions, including pension funds,
charities, foundations, endowments, and family offices, as well as
other asset managers and corporates.
Record (LSE: REC) was admitted to trading on the London Stock
Exchange on 3 December 2007.
This information is provided by Reach, the non-regulatory press
release distribution service of RNS, part of the London Stock
Exchange. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
Reach is a non-regulatory news service. By using this service an
issuer is confirming that the information contained within this
announcement is of a non-regulatory nature. Reach announcements are
identified with an orange label and the word "Reach" in the source
column of the News Explorer pages of London Stock Exchange's
website so that they are distinguished from the RNS UK regulatory
service. Other vendors subscribing for Reach press releases may use
a different method to distinguish Reach announcements from UK
regulatory news.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
NRABDBDGBBGDGBS
(END) Dow Jones Newswires
October 05, 2021 02:00 ET (06:00 GMT)
Record (LSE:REC)
Historical Stock Chart
Von Jun 2024 bis Jul 2024
Record (LSE:REC)
Historical Stock Chart
Von Jul 2023 bis Jul 2024