Under Rule 2.2.3R of the FCA’s Conduct of Business Sourcebook, Clean Energy Transition LLP (the “Firm") is required to disclose the nature of its commitment to the UK Financial Reporting Council’s Stewardship Code (the "Code").

 

The Code is voluntary and sets out principles for effective stewardship and engagement by investors. Firms that commit to the Code can either comply with its principles or explain any deviations from them.

 

The Firm supports the objectives of the Code and recognises the importance of effective stewardship in promoting long-term value for clients and beneficiaries. While the Firm has not yet formally committed to the Code, it intends to align its practices with the principles of the Code in the future.

 

The Firm is currently in the process of reviewing its policies and procedures to ensure they meet the high standards set out in the Code. We aim to provide an update on our commitment and adherence to the Code in due course.