TPT strengthens commitment to responsible investing with Human Rights Investment Policy

TPT has strengthened its commitment to responsible investing as it publishes a new Human Rights Policy which supports international norms and the United Nations Guiding Principles (UNGPs).

The UNGPs are a set of guidelines for States and companies to prevent, address and remedy human rights abuses committed in business operations.

Addressing human rights is a key part of TPT’s Responsible Investment (RI) Principles.

TPT has developed an approach to ensure that human rights issues are considered throughout the investment and stewardship process, particularly when appointing third-party investment managers as they select the underlying securities in our investment portfolio where human rights violations may take place.

TPT expects investments to be managed in line with its RI Principles, which entails regular reporting of how such issues are being incorporated into decision making.

TPT actively engages with the wider investment community and policymakers on human rights, making TPT an active member of organisations supporting advancement in this area. To support this aim TPT recently joined the Investor Alliance for Human Rights (IAHR). 

This is global initiative supported by investors which collectively manage over $10 trillion assets under management (AUM). The alliance focusses on setting up international standards and corporate engagement on human rights.In addition to its new Human Rights Policy, TPT has also recently joined the following ESG investor initiatives:

• 30% Club: a global campaign dedicated to promote gender and ethnic minority diversity at board and executive committee levels. TPT is a part of the 30% Global Workstream which seeks to boost board diversity in companies listed in the US, Japan and other global markets. 
• Investors Policy Dialogue on Deforestation (IPDD): a Tropical Forest Alliance initiative engaging with public agencies and industry associations on deforestation.

Commenting on TPT’s approach to addressing human rights as part of its RI approach, Cliff Speed, Chief Investment Officer, TPT Retirement Solutions, said:

"I am delighted TPT has published our first Human Rights Policy. This reflects our unwavering commitment to responsible investing and advances our collaboration efforts to contribute to a more equitable and sustainable future."

Also see TPT's Responsible Investment page.