Earning Trust (Wealth & Asset Managers)

Earning trust - from our clients/customers, our employees, and other stakeholders - is the cornerstone of our success.

We allocate our resources to managing and developing products and solutions that meet clients/customers' requirements in a clear, consistent and relevant manner. This has included a particular focus on the development of a range of sustainable strategies, which allow clients/customers to embrace positive societal and environmental outcomes more fully in the context of meeting their financial goals.

Demonstrating that we offer value to our clients/customers is essential. We supplement open and transparent reporting of investment returns, we give clarity as to how we have carried out our voting and engagement activities. Clients require ever greater detail of the environmental and societal impacts of their portfolio holdings, and we are constantly developing our reporting to reflect new ways of showing the impacts of investee companies' activities on the world around us.

Through intelligible reporting, we provide clients/customers with the transparency to make informed judgements about how their values are matched by the way we act as stewards of their money. We publish our voting records quarterly, provide regular reports on our stewardship activities, and produce frequent articles and blogs which address the key issues of our times. We have been a signatory of the UN Principles of Responsible Investment (PRI) since 2007, and we are ranked A+ across all areas of the PRI's annual assessment. .

Our marketing communications are as responsible as our investment approach - because, to retain legitimacy, we must align our promises with our actions.

Please do do get in touch to us on contactus@may-bloom.com to discuss how we can be of help to you .

OUR PURPOSE

As trusted stewards, we seek above all to enhance our clients/customers' financial wellbeing, but the investments we make have far-reaching influence - not just on the financial prospects of our clients/customers, but on the environmental and social factors which will shape those prospects (such as climate change, human rights in supply chains, and diversity and fairness across workforces). The interests of our clients/customers and of society more widely are mutually supportive.
We have the opportunity to help bring about a better world - by allocating capital to where it can be productively used for the benefit of all stakeholders, and by promoting a long-term savings culture that helps to underpin the financial security of individuals. We believe that this wide remit is inseparable from the generation of investment performance across our diverse range of products.
At May-Bloom, the way in which we invest is shaped by this conviction, and in seeking to honour it we act as active, engaged owners of financial assets in a manner that meets our responsibilities to our clients and society as a whole.

Being engaged means:

• Taking account of environmental, social and governance (ESG) issues in our analysis of securities;
• Identifying opportunities for dialogue with corporate management on key ESG issues as an integrated part of our investment research;
• Using our informed judgement to vote on shareholder resolutions
• Holding regular company meetings with the companies in which we invest to ensure that our expectations, those of management teams, and the concerns of our clients are aligned, to encourage improvements in corporate behaviour which protect and enhance investor value, and to ensure better social and environmental outcomes;
• Helping to shape corporate governance standards through our work with a range of industry bodies;
• Having constructive dialogue with regulators; and
• Contributing to solutions to the systemic risks (such as climate change and social inequality) which might otherwise undermine our clients' interests.

HOLDING OURSELVES INTO ACCOUNT

The way our business is governed is designed to ensure that we achieve our commercial objectives in a responsible and sustainable manner which is consistent with our corporate purpose, and that in doing so we act as we expect others to act.

Our board oversees our efforts to deliver investment returns to our clients with the highest standards possible; and it ensures that executive compensation is linked strongly with that commitment. The remuneration of investment professionals across the firm is aligned with meeting the performance objectives of our clients, as well as with achieving key performance indicator targets for the integration of ESG considerations

Our relevant board committees supervise periodic materiality analysis of financial and environmental measures. The climate disclosures we make in line with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), for example, are a board matter overseen by our chair. The total Scope 1, 2 and 3 emissions of our clients' investments (overwhelmingly the major source of May-Bloom related emissions) have fallen significantly in recent years, as highlighted in our TCFD report, and are well below those of reference benchmarks. .

We monitor our ESG standards constantly, and we maintain a scorecard of those standards to help us do so. Where there are gaps, we look to close them.