We’re accountable to you and your employees when it comes to the investments we make on your behalf. We understand that considering how our investment managers integrate environmental, social and governance (ESG) factors when building a portfolio can have a big impact, both positive and negative, on the environment, climate, people and society. It can also have a financial influence on companies, their shareholders and investors. That’s why ESG is integrated into our investment options.
The following table shows a summary of how ESG is applied to our off-the-shelf investment options and our self-select investment options. You can find more details below the table.
How ESG is applied to Standard Life’s range of investment options
|Off-the-shelf investment options|
|Standard Life Sustainable Multi Asset (lifestyle profile) Note 6||—|
|Standard Life Active Plus range (funds and lifestyle profiles) Note 1||—||—|
|Standard Life Passive Plus range (funds and lifestyle profiles) Note 2||—||—||—|
|Standard Life Passive Core (lifestyle profile) Note 2||—||—||—|
|Standard Life MyFolio Managed range
(funds and lifestyle profiles)
|Standard Life Managed Fund
(fund and lifestyle profiles which include the fund)
|Self-select investment options|
|Funds managed by Aberdeen Standard Investments||Note 3||—|
|Funds managed by other external fund managers||Note 4||Note 5||Note 5||Note 4||Note 4|
Most of the funds in the Active Plus range are actively managed by Aberdeen Standard Investments. Aberdeen Standard Investments integrates ESG into their investment management processes. They have the information and flexibility to take account of ESG analysis and factors when they select investments for their portfolios. The Active Plus range also invests a portion in passively managed funds. This is when an investment manager tracks the performance, before charges, of a benchmark or index rather than making active investment decisions about where money is invested. This means they don’t actively integrate ESG into their investment processes. However, as a steward of an investment they can influence positive change using engagement and voting rights.
The Passive Plus and Passive Core ranges invest predominantly in passively managed funds. This is when an investment manager tracks the performance, before charges, of a benchmark or index rather than making active investment decisions about where money is invested. This means they don’t actively integrate ESG into their investment processes. However, as a steward of an investment they can influence positive change using engagement and voting rights.
These include ethical funds which use screening approaches.
Standard Life offers a range of funds managed by other external fund managers. A number of these have ESG and/or stewardship within their investment processes.
Standard Life offers a range of funds that include specific values-based themes and ethical screening approaches. Find out more about these choices.
Sustainable Multi Asset takes into account a range of sustainability factors, particularly those that can have a negative financial impact on the performance of companies which the underlying funds invest in. It does this by using the following responsible investment techniques:
Avoid the bad - screens out companies with significant sustainability risks
Improve the good - targets improved sustainable outcomes when compared to the indices which the underlying funds track
Drive change for the better - company engagement and proxy voting are used to drive positive change