Responsible Business
Sound Governance
We believe sound governance, including transparency, accountability and effective decision making are prerequisites of good business performance and client service. Our governance framework ensures a rigorous, efficient and effective operating model, able to protect the interests of our stakeholders.
How we govern our business
As investors, we are familiar with risk. In our investment decisions and business operations, we operate compliantly and with rigorous risk management. This makes sound commercial sense, helps to ensure a reputation that attracts and retains our clients and enables us to prosper.
In EMEA, our governance and key decision-making forums are the Business Management Committee (BMC) and the Financial and Operational Risk Committee (FORC) chaired by the Head of EMEA and Global Business Operations and the EMEA Chief Risk Officer respectively. The BMC and FORC ensure all affairs of the business are cohesively managed and that potential financial and risk implications are considered by our senior leaders and shared with boards.
A series of business committees provide input to the BMC and FORC, including the Client Distribution & Services Committee, the Investment Management Committee and the Product Approval Committee.
We ensure corporate and financial stability through robust planning, policies and procedures that minimise operational and commercial disruption. We have a variety of systems and procedures in place to protect data internally as well as with the selected third-party service providers.
We benefit from being part of Ameriprise Financial Inc. With a long legacy of successful execution for its clients and other stakeholders across market cycles, Ameriprise operates with a strong focus on enterprise risk management, expense discipline and achieving the appropriate capital returns to support long-term growth.Â
We operate with rigorous oversight of our organisation through extensive internal controls and operating procedures designed to detect and prevent misconduct and fraudulent actions. Our policies ensure these controls are upheld.
Excellence in all we do
Excellence in all we do is one of four core values. When we execute with excellence, success naturally follows. We provide world-class service and innovative product solutions and are personally accountable for delivering results and maintaining the highest quality.
Our commitment to our clients is reflected in our values and in our Global Code of Conduct which all employees review at least annually and formally sign, acknowledging how they must always act. Our values underpin every action we take as a business, and we expect to be held accountable to them.
We seek to deliver excellence by producing the outcomes our clients expect whilst providing outstanding client service. This is apparent in the third-party awards and recognition we receive.
PRI ratings
Module name | Columbia Threadneedle score |
|---|---|
Strategy & Governance | A+ |
Listed Equity – Incorporation | A+ |
Listed Equity – Active Ownership | A+ |
Fixed Income – Sovereign, Supranationals and Agencies | A |
Fixed Income – Corporate Financial | A |
Fixed income – Corporate Non-Financial | A |
Our approach to managing tax
Columbia Threadneedle pays tax and collects tax from employees and customers. As part of Ameriprise Financial Inc., a US listed company, our principles are founded upon:
Complying with all applicable tax laws and regulations
Effective governance and control over tax risk
Appropriate tax planning
Maintaining an open and constructive relationship with governing tax bodies
We are committed to compliance with all applicable tax laws, rules, and regulations globally. This means paying in full and on time the right amount of tax based on the tax laws and rules of the jurisdictions in which we operate.
