We have an unwavering commitment to diversity. We are focused on helping our people feel a sense of belonging and strive to create an organisation that embraces all diversity. Every person at RSF has the responsibility to foster an inclusive environment. Our teams know that greater inclusion and diversity is a differentiator.
We, the undersigned institutional investors, acknowledge the existence of systemic racism and its impacts on Black and Indigenous communities and People of Colour and furthermore acknowledge the existence of inequities and discrimination with respect to factors including, but not limited to gender, sexual orientation, age, disability, religion, culture and socio-economic status.
We all have a responsibility to ensure that the persistent inequities in business and our society are eliminated. As institutional investors, we can contribute to addressing these inequities by taking intentional steps to promote diversity and inclusion across our portfolios and within our organizations.
Promoting diversity and inclusion is not only the right thing to do; it is good for business and our society. A growing body of research shows that higher levels of diversity and inclusion are associated with improved corporate financial performance, driving growth, and strengthening employee engagement. Incorporating diversity and inclusion into business decisions can create opportunities for underrepresented groups while simultaneously contributing to leadership development, improved reputation, and a stronger governance and risk profile.
As such, the undersigned investors encourage public companies to lead in global efforts to address systemic inequities by advancing diversity and inclusion efforts and enhancing transparency and accountability. We furthermore challenge our own institutions to advance diversity and inclusion of underrepresented individuals within our organizations.
We will report on our efforts to promote diversity and inclusion, and we commit to
reviewing and updating our approach as we learn from our experience.
We invite other investors to join us and share experiences and best practices to enhance our purposeful and collective efforts to bring about a more inclusive and anti-racist business and investment landscape.
As investors, we will endeavour to:
We will report on our efforts to promote diversity and inclusion, and we commit to reviewing
and updating our approach as we learn from our experience.
We invite other investors to join us and share experiences and best practices to enhance our purposeful and collective efforts to bring about a more inclusive and anti-racist business and investment landscape .
RSF’s development as a successful business has been driven by diversity of opinion and
independent thinking. It is central to our investment approach and to our talent management
and recruitment programmes. Our aim is to employ the best people from the widest pool of
applicants and support their career aspirations. We view diversity in its broadest sense –
including gender, social background, race, sexuality, age, disability, learning style or
religion – as key to the Company achieving its long-term goals.
RSF is committed to promoting mutual understanding and respect amongst its employees and the broader industry by valuing and supporting individuality. We facilitate schemes such as Investment 20/20 and offer traineeships and apprenticeships to college leavers and graduates. From an industry perspective, we are signatories of the Women in Finance Charter and a founding member of the Diversity Project.
RSF has a distinct culture and fosters an inclusive environment which allows employees the freedom to think differently. This means that individual employees not only can have a demonstrable impact on what the business does, but also how it’s done. By focusing on identifying, developing, retaining and rewarding talent, and ensuring equality of opportunity, we will continue to deliver the right outcomes for our clients and build a sustainable and growing business in the long term.
Our overarching philosophy for achieving an inclusive environment for diverse talent is made up of three key components:
In a collaborative environment, a person’s value does not depend on her absolute wisdom but on her ability to improve the collective decision.
People with different gender, race and experiences can jointly contribute to more robust and innovative ideas from which companies are likely to benefit.
Looking beyond gender diversity, research has found that LGBT-supportive policies can all be linked with higher stock returns, higher firm value, higher productivity and profitability. While further research is needed to understand the underlying mechanism, one theory is that sexual-orientation equality increases a company’s competitive advantages in the labour markets.
Further, policies such as flexible hours and day care services, make sure that all talented employees – whether new parents or those taking care of elderly family members – can thrive in the companies and thus may help retain talent and reduce employee turnover.
More traditional human capital metrics – internal promotion, employee satisfaction, and management training, coupled with systemic change around employees to help them form new habits and practices – can further help companies grow and retain talents.
At RSF, we believe “inclusion and diversity” is a skill which managers and leaders can improve, and, if they do, they would have a better chance of improving the engagement and output of the people working for and around them.
We invest heavily to build a culture where all talents are offered equal opportunities to thrive and all voices – not just the loudest or the most familiar – can contribute the ideas that help our clients achieve their goals. In order to serve our diverse set of clients, we need to have a diverse and inclusive form.
We pay so much attention to I&D, because we truly understand and recognize that a diverse and inclusive workforce can effectively translate into innovation and better decision-making. And companies that fail to treat inclusion and diversity seriously will lose out the opportunity to fully understand the dynamic business environment where they operate.
Sustainable investing is about more than just the environment. We have also been focused on I&D as an investment offering on our sustainable investing platform. We are seeing increasing interest from our clients, and are working on solutions to help investors gain exposure to companies that are leaders in promoting inclusion and diversity principles within their operations.