Aegon UK has been accepted as a signatory to the UK Financial Reporting Council’s UK Stewardship Code.
The UK Stewardship Code is a voluntary collection of guidelines with the goal of raising the standard of stewardship procedures used by asset owners, managers, and service providers.
Organisations must demonstrate that they have exercised effective stewardship over the past 12 months through good governance and active involvement that has contributed to generating long-term positive outcomes for the economy, environment, and/or society to become signatories.
Aegon UK chief investment officer Tim Orton says: “We believe that all asset owners have a responsibility to be good stewards of the world we live in. We are committed to using our influence to drive positive change and create a more sustainable future. Becoming a signatory to the UK
“Stewardship Code is a significant step forward in Aegon UK’s journey and complements our long-term strategy to fully embed responsible investing into our investment practices. We believe that this is the right thing to do and ultimately this is what our customers expect from us.”
Aegon UK head of responsible investment Hilkka Komulainen says: “We are proud to have been accepted as signatories to the code. We believe that all asset owners have a responsibility to be good stewards of the world we live in, and we are committed to using our influence to drive positive change and create a more sustainable future.
“We are confident that becoming signatories to the UK Stewardship Code will help us on our journey to embed responsible investing into our investment practices more effectively.”