SJP Responsible business
At St. James's Place, we're committed to taking responsibility for our actions and strive to have a positive impact on our people and communities.
Our responsible business work is core to delivering on our promise of helping our clients create the futures they want. From our work with local communities to minimising our environmental impact, we aim to make choices that promote a world that can meet the needs of everyone now, and in the future.
Our approach
We recognise that we have both the responsibility and the opportunity to use our voice as a force for good and know we can drive positive change by considering the long-term impact of our actions.
This requires us to look beyond ourselves and understand the wider societal and environmental impact of our choices. It means engaging with others and collaborating on solutions to the shared challenges faced by society today, supported by a deep understanding of the topics most material to us, the right processes to achieve success, and metrics that provide transparency on our progress.
We know that we might not always get it right and we can’t do it all, but we are committed to the journey and to making real progress.
We also know that we can’t tackle everything. Our responsible business framework helps us focus on the areas where we can have the greatest impact. These are: Financial Wellbeing, Investing Responsibly, Climate Change and Community Impact.
Find out more about our approach and the progress we’re making here.
“We are aiming to embed the philosophy of responsible business in everything we do and seek to have a positive long-term impact through the choices we make”
Maria Spooner,Divisional Director Responsible Business
How we measure our progress
We want to make it easy for all our stakeholders to understand the work we’re doing and how we’re measuring our performance. As a result, we align our reporting to key external frameworks which help broaden our impact:
- United Nations Sustainable Development Goals (UNSDGs)
- Sustainability Accounting Standards Board (SASB)
- Task Force for Climate-related Financial Disclosures (TCFD)
Further information is set out in our Responsible Business report.
Financial Wellbeing
As a leading UK financial advice business, we are committed to enhancing financial resilience and confidence in all our communities. From the expert advice our advisers give to clients and the support we provide our employees, to the charities we work with and the help we give to those most vulnerable in society. We’re working hard to improve people’s financial lives.
Find out more:
Investing our client’s money responsibly
With £168.2 billion* of funds under management, we are committed to investing our clients’ money responsibly. We do this embedding environmental, social and governance factors through our investment process, and engagement.
We are signatories of the UN supported Principles for Responsible Investment and members of the Net-Zero Asset Owner Alliance, through which we have committed to achieving net zero across our investment proposition by 2050.
For further information, please refer to:
*Data correct as of 31 December 2023
“Validation of our process by once again becoming a signatory to the UK Stewardship Code certainly demonstrates our engagement capability. Our reduction in carbon emissions since 2019 evidences the difference we can make when we proactively monitor and manage this risk.”
Sam Turner,Head of Responsible Investment & Proposition Strategy
Climate change
We recognise the urgent need to accelerate climate action in order to protect the world’s most vulnerable ecosystems and communities.
We are committed to doing what we can to tackle climate change through our operations, supply chain and investment management approach. Our approach to reaching net zero includes educating our community on climate change, embedding environmental considerations into decision-making and conserving resources - to not only reduce our impact, but have a positive one.
For further information, please refer to:
- Our approach to climate change
- Documents in the environmental tab of ESG reporting hub
- Our responsible business report
"At SJP we want to use our scale and influence to make real change and ensure a just transition to net zero”
Mark FitzPatrick,Chief Executive Officer
Community Impact
Giving back to our communities has been a priority for us since day one. We want to create lasting value in the places we live and work, acting to make a difference to those less fortunate. We do this financially through the SJP Charitable Foundation, and by volunteering our time and skills in the local community, as well as through the delivery of our financial education programmes to young people.
Find out more:
Our people and governance
Our responsibilities extend beyond these four key areas to others where we must also make sure we’re doing the right thing.
These are the fundamentals that we need to get right to enable our business to grow and function. They include people matters such as inclusion and diversity, policy influence, and client satisfaction and retention, to key issues of governance like data security, procurement, and risk management.
Find out more:
United Nations Sustainable Development Goals
We seek to align ourselves with the UNSDGs through our Corporate Responsibility strategy. We take a strategic approach to Corporate Responsibility, using focused work to maximise our impact in specific areas. Through this approach, we look to contribute towards the SDGs (quality education; decent work and economic growth; reduced inequalities; and climate action) locally, nationally and around the world.
We are proud to work with the following organisations to help drive change:
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