ESG

SECOR recognises the responsibility of being a good global corporate steward and the importance of environmental, social and governance factors in the advice we provide.

We integrate ESG into our investment framework and the investment manager selection and monitoring process. We seek to understand the unique needs of each client so that we align our ESG recommendations to the client’s priorities.

As ESG covers many different matters and ESG practice is evolving, we use widely accepted industry frameworks, definitions and reference points to inform our approach to Responsible Investing, including the UN Principles for Responsible Investing (UNPRI).

For more information download our ESG & Corporate Responsibility 2020 Annual report

Diversity and Inclusion

Since we began, we understood that long-term success depends on attracting, motivating, and retaining talented and driven people from diverse backgrounds. We strive for an open and welcoming environment that supports and encourages differences across ethnicity, gender identity, religion, thought, experience, cross-cultural and socio-economic backgrounds.

Over 60% of our team represents communities traditionally underrepresented in the investment industry and we continue to proactively recruit, retain and promote a diverse and talented team.

Corporate Sustainability and Environment

SECOR and our team members are dedicated to being good global citizens and caretakers of the planet by committing to reducing our overall environmental footprint.

Our recent move to a “state of the art” LEED-certified energy efficient office in New York, along with our ongoing environmental initiatives, attests to our firm’s deep-seated ESG commitment.

We remain committed to reducing and offsetting our climate impact and advancing the transition to a clean energy future. To advance this goal, we are working in partnership with organizations like the Carbonfund.org’s Carbonfree® Partner Program.

Corporate Social Responsibility and Engagement

Our CSR programs foster social responsibility, encourage green practices and share our values with the community. Example programs include:

  • Good Shepherd Services – a charity that helps over 30,000 youth and family members in struggling neighbourhoods with developmental programs and services
  • Adopt-A Family Holiday Drive – a holiday season charity drive for disadvantaged families in our local communities
  • NY Cares – ongoing local volunteer program to meet the needs of vulnerable children, elderly and adults. Projects include revitalization of schools and homes, disaster response and gift drives.

We are a proud signatory and supporter of multiple ESG initiatives

UN PRI – Principles for Responsible Investment

SECOR is delighted to announce that in May 2020 prior to the release of this report, we became a signatory of UN PRI.

The Principles of Responsible Investment were developed by an internal group of institutional investors reflecting the increasing relevance of environmental, social and corporate governance issues to investment practices. We are proud to become a signatory and member of UN PRI, the world’s leading proponent of responsible investment which works with signatories to put the Principles of Responsible Investment into practice.

Financial Reporting Council – UK Stewardship Code

SECOR is a signatory to the UK’s Financial Reporting Council’s revised UK Stewardship Code for investment service providers. Compliance with the code reflects SECOR’s commitment to advancing industry best practices on ESG related issues. The FRC is leading the way in the UK on standards for stewardship, and SECOR is proud to support these efforts.

The Task Force on Climate-related Financial Disclosures (TCFD)

SECOR is a supporter and a member of The Task Force on Climate-related Financial Disclosures (TCFD). This organisation works to develop voluntary, consistent climate-related financial risk disclosures for use by companies in providing information to investors, lenders, insurers, and other stakeholders. SECOR believes in full transparency and disclosures in investments.

Carbonfund.org “Reduce What You Can, Offset What You Can’t”

In efforts to do our part to reduce global carbon footprint, SECOR became a member of the Carbonfund.org. Its Carbonfree® Partner Program, is an innovative and flexible way for business to calculate, reduce and offset its carbon footprint. SECOR is working to reduce & offset climate impact and hasten the transition to a clean energy future.

IMPACT Management Project

The Impact Management Project (IMP) is a forum for organisations to build consensus on how to measure, compare and report impacts on environmental and social issues. SECOR looks forward to sharing in IMP’s dialogue, expertise and experience to help build consensus and share best practices in impact measurements and management.