Ethical Oversight Committee
P1 Investment Management has taken the unusual step of appointing an external ethical oversight committee to guide its position on ethical and sustainable investment topics and policies. We are one of only a handful of wealth managers and fund houses in the UK to adopt this external monitoring.
The Ethical Oversight Committee reviews ethical and sustainability issues, and topics posed to them by the investment team to ensure that every fund P1 selects has robust ethical investment policies. P1’s Ethical Oversight Committee meets regularly, engages on ethical and sustainability issues, raises difficult questions and audits our process.
The Ethical Oversight Committee, combined with P1’s proprietary research, ensures that P1 only selects funds that meet high standards. This helps us avoid funds that are “greenwashed”, merely seeking an ethical label for marketing purposes.
P1 takes ethical and sustainable investing exceptionally seriously. We employ staff with formally recognised qualifications in ethical and sustainable investment and genuinely understand the issues and challenges surrounding ethical investment. Our Ethical Oversight Committee demonstrates this commitment.
Dr Quintin Rayer, Head of Ethical and Sustainable Investing says, “At P1 we decided to develop an external ethical oversight committee because we are committed to ethical and sustainable credentials both as a company and in our investment portfolios. Since we appreciate that oversight is an important part of governance, we have engaged environmental, social and governance experts. We seek to push the industry and ourselves to better standards, eliminate complacency and continually drive our process forward. At P1, we believe ethical investing isn’t just a ‘nice to have’, it’s essential, and we’re determined to make a difference.”
James Priday, managing director at P1 Investment Management says, “Ethical investing is something that we take incredibly seriously at P1. Positive investment can help support and control companies’ behaviour by rewarding those companies working to address problems and reducing access to capital for others with unethical practices. Clients who take steps to invest ethically and address these problems deserve to know that their funds are working towards ethical and sustainable progress and are not just a marketing ploy.”