Artemis Fund Managers achieves sustainability certification with The Planet Mark
Artemis Fund Managers, a leading UK-based fund manager offering a range of funds which invest in the UK, Europe, the US and around the world, has achieved certification to The Planet Mark.
This is Artemis’ first year of business carbon footprint reporting and certification to The Planet Mark. They first calculated the carbon footprint of their London and Edinburgh offices for the year ending December 2019 and set a target to reduce emissions by 5% annually.
Artemis’ total carbon footprint for the year ending December 2019 was 925.5 tCO2e and the relative carbon footprint was 4.6 tCO2e per employee.
If Artemis can achieve its emission reduction target, they will save the carbon equivalent of 23,000kg of coal being burned.
Artemis Fund Managers’ Social Value contribution for the year ending 2019 was £5,345,621. It reported on 14 Social Value measures with the top three contributors being employing local staff, donating to charity and staff entertainment and provisions.
Steve Malkin, Founder and CEO of The Planet Mark: “I’m delighted by the news that Artemis has joined The Planet Mark. With a global network of stakeholders and clients, I believe this moment is an opportunity for our teams to work together to create large-scale impact for the better. To embrace change and understand sustainability’s wide-reaching potential is no small feat, and the team should be applauded for a proactive approach to climate and social value. I hope this is just the first step in a fruitful partnership for both of us.”
Artemis is part of several initiatives that promote their own Environmental, Social and Governance (ESG) priorities, as well as furthering the industry’s best practice. In addition to the commitment to cutting carbon year-on-year, the fund manager has been a signatory of the UN-backed Principles for Responsible Investment since 2015, as well as holding memberships to the Investor Forum and Climate Action 100+, an initiative to ensure the largest greenhouse gas emitters take necessary action on climate change. It is also supportive of The Sustainability Accounting Standards Board’s (SASB) mission to report on financially focused ESG issues.
The finance industry must seize upon the opportunity offered by sustainability. There is a growing call, not only within the industry, but in boardrooms across the world, to embrace the changes the climate crisis presents. Sustainable practice and awareness can ensure the long-term resilience of funds and increase investor confidence in products that should be built for the modern world. A company that offers sustainable products must also then walk the walk, ensuring its own processes and supply chain are as future-proof as the products it supplies.
CERTIFIED YEAR 1
This is to certify that Artemis Funds Managers has achieved a reduction in its carbon footprint and is committed to continous improvement in sustainability.
Valid to 31 March 2021
Sir Tim Smit KBE
4.6 tCO2e carbon footprint per employee
925.5 tCO2e total carbon footprint
We are committed to reducing our carbon emmissions yearly so that together, we can all halt climate change
202 FTE employees
We engage our employees and wider stakeholders to unlock their talent and knowledge to drive year on year progress in sustainability.
We recognise that transparent communication is essential for transformational change and we quantifiably report on
4 SUSTAINABLE DEVELOPMENT GOALS