RLMIS secures Stewardship Code signatory status

Written by Adam Cadle

03/03/2023

Royal London Mutual Insurance Society (RLMIS) Limited, as an asset owner, has been awarded signatory status under the Financial Reporting Council’s UK Stewardship Code.

This builds on the success of Royal London Asset Management (RLAM), which manages 95% of RLMIS’ assets, and has held signatory status since 2021.

The Financial Reporting Council’s UK Stewardship Code 2020 is an essential tool to help companies assess themselves against the highest stewardship standards and to identify, drive and embed continuous improvements.

Commenting on the achievement, Joanna Walker, head of group sustainability said: "We are delighted to have been recognised for our approach to stewardship and how we integrate this into our decision making as an asset owner.

"Our Purpose, ‘Protecting today, investing in tomorrow. Together we are mutually responsible’, underpins everything we do. Our mutual status means we exist to serve and meet the needs of our members and customers. We are committed to playing our part in moving fairly to a sustainable world and helping build financial resilience. By using our position, we aim to influence corporate behaviour and work collaboratively with others to make a real-world impact."

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