RIT Capital Partners.
RCP.LSE | Activities of holding companies
RIT Capital Partners plc is an investment trust that aims to deliver long-term capital growth while preserving shareholders' capital. The company invests in a diversified portfolio of listed equities, private investments, and other asset classes, including real estate and credit. RIT Capital Partner...Show More
Better Health for All
0
RIT Capital Partners allocates 17% of its top private investments to the Healthcare & Life Sciences sector
1
, which includes investments in electronic health records, biomanufacturing, and treatments for rare and severe diseases
2
. The company has no revenue from products or activities with significant negative health impacts. As an investment trust, RIT Capital Partners' direct operations do not involve products with direct safety implications, health-related pricing, vulnerable population access, health risk disclosures, health externalities, health equity programs, healthcare workforce support, preventative health measures, healthcare data management, global health crisis response, mental health initiatives, pharmaceutical patents, nutrition, health education, addiction mitigation, or clinical trials, rendering these KPIs not applicable.
Fair Money & Economic Opportunity
0
RIT Capital Partners operates as an investment trust and holding company, managing a diversified portfolio of investments. Its business model does not involve offering direct lending, deposit services, or other consumer financial products. Consequently, the company does not have direct customers in the context of consumer financial services, nor does it engage in activities such as setting APRs, charging consumer fees, or providing financial literacy programs to a broad consumer base. While it invests in financial services companies, such as acquiring a minority stake in Corsair Capital, this is an indirect involvement and does not constitute direct provision of fair money and economic opportunity services to underserved populations by RIT Capital Partners itself.
1
Fair Pay & Worker Respect
0
mentions a commitment to fair pay and worker respect through ESG integration and employee welfare initiatives, but these are general statements of policy and intent, not measurable outcomes. contains qualitative employee feedback regarding 'bad pay' and 'pay is below average for industry,' along with salary ranges for specific roles, but this information does not provide the necessary percentages, ratios, or incident counts required by the rubric's KPIs. A May 2023 review by a Senior Executive Assistant described the company as having a no flat hierarchy, with lots of politics and bad pay.
1
Another review from June 2022 by a Finance Manager labeled RIT Capital Partners as a good business but mentioned that pay is below average for industry.
2
Salary data indicates an Investment Professional earns between £117,000 and £127,000 annually, while a Senior Investment Accountant's salary ranges from £69,000 to £75,000.
3
Therefore, all KPIs are omitted due to a lack of concrete evidence.
Fair Trade & Ethical Sourcing
0
The company is an investment trust, and the provided articles do not contain specific data points or facts related to fair trade certifications, supplier audits, child/forced labour incidents, supply chain traceability, remediation speed, ethical clauses in supplier contracts, high-risk material spend, or supplier diversity in its direct procurement. Several articles explicitly state that no information related to 'Fair Trade & Ethical Sourcing' was found for the company's direct operations, leading to the omission of all KPIs.
1
Honest & Fair Business
0
RIT Capital Partners demonstrates a strong commitment to ethical business practices, emphasizing integrity, transparency, and responsible leadership.
1
The company integrates Environmental, Social, and Governance (ESG) factors into its investment processes and operational strategies.
2
Through its manager J. Rothschild Capital Management Limited (JRCM), it is a signatory of the UN Principles for Responsible Investment
3
and has a Responsible Investment Framework and Policy.
4
In 2023, RIT Capital Partners enhanced transparency by relaunching its website and improving disclosures in monthly factsheets, alongside active engagement with stakeholders.
5
The company maintains publicly accessible regulatory disclosures, including its Responsible Investment Framework & Policy, Engagement & Stewardship Policy, and Modern Slavery Statement.
6
Its Board of Directors comprises experienced non-executive directors, and in 2022, three new non-executive directors were appointed to enhance the Board's skills, experience, and diversity, aligning with FCA diversity rules.
7
Kind to Animals
0
RIT Capital Partners (RCP.LSE), through its investment manager JRCM, has been a signatory to the UN Principles for Responsible Investment (PRI) since February 2021
1
and integrates ESG factors into its investment processes
2
. Its investment framework aims to consider animal welfare aspects
3
. In 2020, RCP.LSE participated in a Series B funding round for Geltor, Inc., a company specializing in bioactive, animal-free collagens and proteins
4
, which highlights the firm's support for cruelty-free and vegan-friendly products
5
. However, specific policies or actions directly addressing animal welfare within its investment portfolio are not detailed
6
, and the full extent of its investments in ethical farming and wildlife protection is not disclosed
7
.
No War, No Weapons
0
RIT Capital Partners is an investment trust and is not directly involved in military production or contracts.
1
This indicates 0% direct revenue from arms or defense contracts, aligning with the 'N/A – no defense or arms-related activities in core business' tier.
2
Planet-Friendly Business
0
The company procures 100% of the electricity for its main office from renewable sources.
1
It has a 'zero-to-landfill' waste and recycling policy at its main office.
2
The company offsets 100% of its Scope 1 and 2 GHG emissions through an accredited scheme and verified carbon offsetting project, receiving Carbon Neutral Britain Certification for these scopes in 2024.
3
It has published its first report aligned with the Task Force on Climate-related Financial Disclosures (TCFD) recommendations, identifying climate-related risk as a principal risk.
4
The company reports total operational Scope 1, 2, and 3 emissions (employee commuting and business travel) as 264 tCO2e for 2024, which is an increase from 94 tCO2e in 2023.
5
Additionally, it reports portfolio Scope 3 emissions of 10,761.0 tCO2e.
6
Respect for Cultures & Communities
0
As an investment trust, the company's business model does not typically involve direct operational impacts on local communities or cultural sites. Consequently, there are no reported cultural appropriation incidents.
1
The company's operations do not require Free, Prior and Informed Consent (FPIC) processes, and there are no formal partnerships with indigenous or local community groups.
2
Furthermore, there have been no reported cultural site disruptions, with the company managing and maintaining its own heritage property, Spencer House.
3
Safe & Smart Tech
0
RIT Capital Partners acknowledges risks associated with AI, including concerns about accuracy, bias, data privacy, and cybersecurity.
1
The company has established rigorous ethical guidelines governing the development and deployment of AI tools, ensuring compliance with regulatory standards.
2
The Manager maintains the 'Cyber Essentials Plus' security certification, the highest level offered by the UK's National Cyber Security Centre, with the most recent review completed in November 2023.
3
Cybersecurity measures include multi-factor authentication, effective firewalls, internet and email gateway security, and anti-virus software.
4
Regular staff awareness programs, such as periodic mock-phishing exercises, are conducted to monitor and test staff effectiveness.
5
External consultants are periodically engaged to assess the robustness of IT systems, and the IT business continuity plan is tested at least once annually.
6
The company is committed to data privacy, with a privacy notice outlining how personal data is processed, shared, and secured, as well as individuals' rights.
7
Zero Waste & Sustainable Products
-10
RCP.LSE has implemented a 'zero-to-landfill' waste and recycling policy at its main office, which also serves as a company-wide waste reduction target.
1
This policy is one of three waste reduction initiatives, alongside the removal of bottled water
2
and an electronic communications strategy to encourage shareholders to receive communications digitally rather than by printed documents.
3