Intentional investing report 2020

In 2015 we worked with ACF and Richard Jenkins to publish Intentional Investing which examined how trustees aligned their mission and aims to their investment strategy. This research informed both policy – with the Charity Commission using it in their 2020 consultation on responsible investment – and further research, such as the recently published Stronger Foundations Investment report from ACF.

intentional_investing_report_2020.PNG Read/download the full report 

This paper updates the research, highlighting key trends and developments in practice and attitudes among UK charity investors over the last 5 years. The research is based on a survey of long-term charity investors which had 295 respondents between January and March 2020. Thank you to all of our clients and contacts that responded. Key findings included:

  • 77% of charity investors have decided to adopt a policy to link their mission to their investments, compared to 59% in the 2015 report
  • Fewer charity investors think that responsible investment reduces financial returns, with more expecting an increased return
  • Significant increase in exclusionary policies for fossil fuels – 33% of policies exclude fossil fuels from portfolios, up from just 4% in 2015 report
  • Most policies seek primarily to avoid harm, although there has been an increase in those charities striving to have a positive impact with their investment

Intentional Investing 2020 - updated research findings

The opinions contained herein are those of the author and do not necessarily represent the house view. This document is intended to be for information purposes only. The material is not intended as an offer or solicitation for the purchase or sale of any financial instrument. The material is not intended to provide, and should not be relied on for, accounting, legal or tax advice, or investment recommendations. Information herein is believed to be reliable but Cazenove Capital does not warrant its completeness or accuracy. No responsibility can be accepted for errors of fact or opinion. This does not exclude or restrict any duty or liability that Cazenove Capital has to its customers under the Financial Services and Markets Act 2000 (as amended from time to time) or any other regulatory system. Cazenove Capital is part of the Schroder Group and a trading name of Schroder & Co. Registered Office at 1 London Wall Place, London EC2Y 5AU. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. For your security, communications may be taped and monitored. 

Contact Cazenove Charities

Achieving your charity's investment objectives takes time and thought. To find out how we can help you please contact:

James Brennan

James Brennan

Portfolio Director