Responsible Citizen

Corporate responsibility

Responsible Citizen

We strive to be a responsible member of our community and influence positive change

We contribute to our broader community through philanthropic and cultural partnerships, via the Columbia Threadneedle Foundation. We are committed to managing our environmental footprint, to ensure we understand, measure and manage the environmental impacts resulting from our business activities. We are also cognisant of our responsibility to support a sustainable supply chain.

We see corporate philanthropy as investment in the future. Columbia Threadneedle Foundation invests in selected charities via multi-year, engaged partnerships – an approach which we believe not only delivers measurable improvement to individual lives, but will bring long-term benefit to the broader community by helping to address critical social issues and drive lasting social change.

When selecting our charity partners, we look for sustainable growth potential supported by experienced management and leadership, with clear strategic vision. We seek to build long-term collaborative partnerships where we provide both funding and active support in the form of management and employee involvement. We have a thematic focus on charities that use education, art and sport to engender social change.

The work of Columbia Threadneedle Foundation builds on Ameriprise Financial’s 120 year history of community support and commitment to organisations whose shared goal is to improve the lives of individuals from all walks of life.


 

Our employee-led Environmental Advisory Group (EAG) focuses on identifying, measuring and reducing the major environmental impacts resulting from our business activities, internally and in the wider community. These major impacts consist of travel, waste and usage of energy, water and raw materials.

Columbia Threadneedle recognises the importance of environmental stewardship and maintains an Environmental Management System (EMS) to ensure measurable and auditable data is accurately maintained for all of our major environmental impacts. Some of the key EMS achievements in 2017 were the successful delivery of waste management and world environment day staff engagement campaigns, supply chain and life cycle assessments and a reduction in paper usage. Through the hard work of our EAG Team our EMS has been audited against the new ISO14001:2015 standard and we are awaiting confirmation that we have met all of the requirements.

In addition to the EMS, we submitted data and information for our carbon management processes and were successful in meeting the requirements of the Carbon Trust Standard. Not only did we attain recertification to the Standard, but achieved best in our sector for a 10.9% absolute reduction on our carbon footprint from 2013 to 2016. In 2017, we have seen a further improvement in a 19% decrease in our carbon footprint, which can be seen in the graph below.

Columbia Threadneedle carbon emissions 2013 – 2017

Annual comparison of carbon emissions

Travel data includes all UK employees Energy data is for Cannon Place London.

In 2018, the EAG has set some challenging new EMS objectives and targets, including further reductions in business travel, utility usage and refuse generation, and engagement with our broader supply chain to explore environmental efficiencies.

Columbia Threadneedle has been a Living Wage employer since 2015, which means everyone working at Columbia Threadneedle in the UK, regardless of whether they are permanent employees or third-party contractors, receives a minimum hourly wage in London of £10.20 and £8.75 outside London – significantly higher than the national minimum wage of £7.38. The Living Wage is set independently and updated annually, calculated according to the basic cost of living using the Minimum Income Standard for the UK. Decisions about what to include in this standard are set by the public; it is therefore a social consensus about what people need to make ends meet.

Columbia Threadneedle complies with the Modern Slavery Act (MSA) and publishes an MSA statement on our website as per the requirement for public disclosure.