As part of our commitment to responsible investment, Janus Henderson is involved in a wide range of ESG-related initiatives as a member, supporter or in an advisory capacity.
The Access to Medicine Index analyses 20 of the world’s largest research-based pharmaceutical companies on their progress towards making medicines, vaccines and diagnostics more accessible in low- and middle-income countries. Janus Henderson is a supporter of the Access to Medicine Index initiative.
The Asian Corporate Governance Association (ACGA) is an independent, non-profit membership organisation dedicated to working with investors, companies and regulators in the implementation of effective corporate governance practices throughout Asia. ACGA was founded in 1999 from a belief that corporate governance is fundamental to the long-term development of Asian economies and capital markets.
Janus Henderson is a member of the ACGA.
The Asia Investor Group on Climate Change (AIGCC) is an initiative to create awareness and encourage action among Asia’s asset owners and financial institutions about the risks and opportunities associated with climate change and net zero investing. Janus Henderson is a member of the AIGCC.
There is growing investor interest in the business risks and opportunities associated with farm animal welfare. However, investors’ ability to make robust comparisons between companies or to use farm animal welfare-related performance in their investment decisions is hampered by a lack of robust reporting by companies and a general absence of tools that enable investors to compare different companies on a consistent basis. The Business Benchmark on Farm Animal Welfare is designed to address these challenges.
Janus Henderson is a signatory to the BBFAW Global Investor Statement on Farm Animal Welfare.
The Carbon Disclosure Project (CDP) works to encourage companies to disclose their impacts on the environment and natural resources and take action to reduce them. It now holds the largest collection globally of primary climate change, water and forest-risk information. Janus Henderson is an investor signatory to the CDP.
Climate Action 100+ is a five-year initiative led by investors to engage systemically important greenhouse gas emitters and other companies across the global economy that have significant opportunities to drive the clean energy transition and help achieve the goals of the Paris Agreement. Investors are calling on companies to improve governance on climate change, curb emissions and strengthen climate-related financial disclosures.
Janus Henderson is a signatory of Climate Action 100+.
The Climate Transition Finance Working Group (CTFWG) assessed the concept of transition financing in the context of the labelled bond market. The chief objective of the Climate Transition Finance Working Group (CTFWG) is (1) to consider the concept of transition financing in the context of the green, sustainability and sustainability-linked bond (SLB) market*; (2) to consider what a credible climate strategy from an issuer would mean and how the consistency between the strategy and the underlying instrument [given they might be SLBs with “general corporate purposes] could be assessed/evidenced. This includes consideration of relevant transition pathways, metrics and existing references such as the Transition Pathway Initiative and Science Based Targets. Janus Henderson is a CTFWG participant.
*Green bonds provide a means of raising funds by companies and governments via the debt capital markets for projects that deliver environmental benefits and solutions. The proceeds from issuing sustainability bonds are only applied to finance or re-finance a combination of both green and social projects. Sustainability-linked bonds (SLBs) do not fund specific projects but finance the general functioning of an issuer, which has clear sustainability targets linked to the financing conditions of the bond.
The Farm Animal Investment Risk & Return (FAIRR) Initiative is a collaborative investor network that raises awareness of the ESG risks and opportunities brought about by intensive livestock production.
The Global Impact Investing Network is the global champion of impact investing, dedicated to increasing its scale and effectiveness around the world. GIIN focuses on reducing barriers to impact investment so more investors can allocate capital to fund solutions to the world's most intractable challenges. Janus Henderson is a member of the GIIN.
The Institutional Investors Group on Climate Change (IIGCC) is a forum for collaboration between pension funds and other institutional investors on issues related to climate change. IIGCC seeks to promote better understanding of the implications of climate change amongst institutional investors and to encourage companies and markets in which IIGCC members invest to address any material risks and opportunities to their businesses associated with climate change and a shift to a lower carbon economy.
Janus Henderson is a founder member.
The IFRS Foundation is a not-for-profit, public interest organisation established to develop high-quality, understandable, enforceable and globally accepted accounting and sustainability disclosure standards. IFRS standards are developed by its two standard-setting boards, the International Accounting Standards Board (IASB) and International Sustainability Standards Board (ISSB).
Janus Henderson uses IFRS’s standards on ESG materiality, the IFRS Materiality Map® – an interactive tool that identifies and compares disclosure topics across different industries and sectors. IFRS identifies financially material issues, which are the issues that are reasonably likely to impact the financial condition or operating performance of a company and therefore are most important to investors,
The Investment Association trade body that represents UK investment managers and helps the industry to support the economy with stable, long-term finance, ensuring investors have access to fair and effective markets and embedding the highest standards of sustainable governance in ‘UK plc’.
The Investor Forum helps investors to work collectively to escalate material issues with the Boards of UK-listed companies. The Forum’s purpose is to position stewardship at the heart of investment decision-making by facilitating dialogue, creating long-term solutions and enhancing value. Janus Henderson is a member of the Investor Forum.
Our Global Sustainable Equity Team was a founding member of the Net Zero Carbon* initiative in 2020.
The NZC10 target requires that 10% or more of a portfolio’s assets are invested in companies that: are already carbon neutral or have net-zero carbon emissions; or have strategies using current technologies to achieve net-zero carbon emissions by no later than 2030; or the portfolio manager is actively engaging with the firms to meet the 2030 target.
NZC20 increases the minimum proportion of a fund’s/ portfolio’s assets that must meet minimum requirements from 10% to 20%. A fossil-fuel exclusion requirement has been added so that funds adopting NZC20 cannot have exposure to climate-damaging activities which are inconsistent with net-zero emissions.
*At Janus Henderson the Net Zero Carbon (NZC) 10 and 20 initiatives only apply to specific products, which are assessed by NZC.
The Pensions and Lifetime Savings Association is the representative organisation for workplace pensions in the UK. It has membership in excess of 1300, between them providing pensions to more than 10 million working people with combined assets in excess of £800 billion.
A Janus Henderson employee sits on the Stewardship Advisory Group.
The Financial Stability Board’s Task Force on Climate-related Financial Disclosures (TCFD) will develop voluntary, consistent climate-related financial risk disclosures for use by companies in providing information to investors, lenders, insurers, and other stakeholders. The Task Force will consider the physical, liability and transition risks associated with climate change and what constitutes effective financial disclosures across industries.
The work and recommendations of the Task Force will help companies understand what financial markets want from disclosure in order to measure and respond to climate change risks, and encourage firms to align their disclosures with investors’ needs.
Janus Henderson is a TCFD Supporter.
The Task Force on Nature-related Financial Disclosures (TNFD) is market-led, science-based and government endorsed, and consists of a number of financial institutions, corporates and groups that make the TNFD Alliance.
TNFD’s mission is to develop and deliver a risk management and disclosure framework for organisations to report and act on evolving nature-related risks, with the ultimate aim of supporting a shift in global financial flows away from nature-negative outcomes and toward nature-positive outcomes.
Janus Henderson is a Forum member of TNFD.
Stewardship is an integral and natural part of our long-term, active approach to investment management, and a key element of how we discharge our fiduciary responsibility. We seek to preserve and enhance value in the companies in which we invest on our clients’ behalf and support the UK Stewardship Code, and similar initiatives around the world.
Organisations are required to report every year to the Financial Reporting Council (FRC) on their application of the UK Stewardship Code. Reports are assessed by the FRC and organisations that meet the reporting expectations – such as Janus Henderson – are accepted as signatories
UKSIF is the UK's membership network for sustainable and responsible financial services. UKSIF promotes responsible investment and other forms of finance that support sustainable economic development, enhance quality of life and safeguard the environment. It also seeks to ensure that individual and institutional investors can reflect their values in their investments.
Janus Henderson is a member of UKSIF.
The Forum for Sustainable and Responsible Investment is a leading voice in the US, advancing sustainable investing across all asset classes. Its mission is to rapidly shift investment practices towards sustainability, focusing on long-term investment and the generation of positive social and environmental impacts. Janus Henderson is a member of USSIF joining in 2021.
Founded in early 2005 by UNEP FI and the UN Global Compact, the PRI is a set of voluntary and aspirational principles giving a framework for the integration of ESG issues into mainstream investment decision making and ownership practices. The PRI has become the pre-eminent reference point for evaluating the commitment of institutional investors to responsible investment.
Legacy Henderson was a founding signatory, joining in April 2006 when the principles were launched. Legacy Janus joined in 2014.
Environmental, Social and Governance (ESG) or sustainable investing considers factors beyond traditional financial analysis. This may limit available investments and cause performance and exposures to differ from, and potentially be more concentrated in certain areas than, the broader market.