Business
Publication of Inaugural Sustainability Report
Publication of Inaugural Sustainability Report.
About this update from Record Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 9378N\n Record PLC\n 05 October 2021\n \n \n \n \n 05 October 2021\n \n \n RECORD PLC\n \n \n ('Record' or the 'Company')\n \n \n \n \n \n New ESG Initiatives\n \n \n Publication of Inaugural Sustainability Report\n \n \n \n \n \n \n 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. \n \n \n \n \n \n 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:\n \n \n \n https://www.recordcm.com/storage/uploads/docs/Sustainability%20Report%202021.pdf\n \n \n \n \n \n \n \n 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. \n \n \n \n \n Some key achievements in the report are highlighted below:\n \n · 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.\n \n · Development of its Emerging Market Sustainable Finance Strategy, which aims to invest currency with impact. The strategy combines investment in currencies, sustainabledevelopment bonds, and counterpartyengagement to nurture and enhance financial development across its universe of emerging and frontier countries.\n \n · Climate financial related risk reporting in accordance with the TCFD framework across the following four pillars; Governance, Strategy, Risk Management and Metrics & Targets.\n \n · 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.\n \n · Record's data-driven approach to diversity and inclusion is highlighted as a crucial component in forming its Diversity and Incl...