ESG at Moneybox
At Moneybox we’re on a mission to help people build wealth with confidence so they can enjoy life, today and tomorrow.
That’s why we’re taking steps to ensure we positively impact the world around us through our environmental, social and governance (ESG) practices.
Environment
Being accountable for our actions is central to the culture at Moneybox, and that extends to how our business affects the environment. In fact, 92% of our team say it’s important to them that the company they work for takes responsibility for its actions relating to climate change. Here’s what we’re doing to reduce our impact on the environment.
- Carbon neutral status – Moneybox has been a carbon neutral company since 2020 and was the first fintech to become a signatory on the UN Climate Neutral Now Initiative. Learn more about how we review and offset our emissions in our annual carbon neutral report.
- ESG investment funds – Our investment Starting Options include the option to choose an ESG global shares fund, which allows you to align your investments more closely to your values.
- Efficient office space – Our office facilities have a very low carbon output thanks to a modern and efficient space, powered by renewable electricity. Because of this, the additional office space we take up as we expand has very little impact on our emissions.
- Cycle-to-work scheme – We offer a cycle-to-work scheme and encourage green travel wherever possible.
- Flexible working – Working from home full time drastically reduces our emissions from travel but increases emissions from energy use at home. Choosing to have a hybrid working model casts the right balance between the two and ensures we maintain level energy use.
- Environmentally Preferred Purchasing (EPP) – We have a strong EPP strategy which means purchasing products or services that have a less negative effect on people or the environment.
Social
Moneybox was founded on the belief that everyone should have access to the tools and information to turn their money into something greater. Inclusion and accessibility is at the core of our values as a business and runs throughout our social practices with both our customers and colleagues.
- Financial education – We create free, practical content across saving, investing, home-buying and retirement to help people understand their personal finances, including our Investing Academy, Pension Academy and First-time Buyer Guide. Learn more in our Blog.
- App accessibility – Our app is designed and tested against strict accessibility criteria to ensure the user experience is seamless for everyone – including those with disabilities. For example, checking that touch target areas are large enough and using colour combinations that are colour-blind friendly.
- Vulnerable customers – We have a responsibility to protect vulnerable customers in challenging circumstances. We have a dedicated team of specialists who undertake specific training in line with our policy, in order to be qualified to assist these customers in need.
- Inclusion committee – Our internal inclusion committee champions and actively promotes, supports and celebrates complete inclusion, diversity and equality. The committee is made up of members from teams across the business with a range of seniority levels. Learn more about our inclusion committee.
Governance
Governance looks at the processes and practices an organisation has in place to manage a company. At Moneybox, our governance practices ensure that our business is compliant, fair and ethical.
- Compliance – Our dedicated team of compliance specialists ensure our actions are compliant with appropriate regulatory bodies and that we always work with our customers best interests in mind.
- Unconscious bias – Modules on unconscious bias are built into our Interview Skills Training attended by those who are new to interviewing or new to hiring at Moneybox.
- Inclusive hiring – We ensure all our job descriptions are gender neutral, as well as having candidate diversity metrics in place.
Our ESG funds
Global Shares ESG
Invest in global companies that score highly on environmental, social and governance (ESG) factors.
Global Shares ESG
This fund invests in a range of companies from across the developed global stock market but considers environmental, social and governance (ESG) factors in its selection process. These factors include things like how companies respond to climate change, treat their workers and manage their supply chains.
Please note that this fund is domiciled in Ireland and is not covered by the UK Financial Services Compensation Scheme (FSCS).
Emerging Markets Shares ESG
Invest in companies from Emerging Markets, like Asia and Latin America, that score highly on ESG factors.
Emerging Markets Shares ESG
Invest in a range of companies from across Emerging Markets who consider environmental, social and governance (ESG) factors. These factors include things like how companies respond to climate change, treat their workers and manage their supply chains.
S&P 500 ESG ETF (Stocks & Shares ISA only)
Invest across a diverse range of leading US companies that score highly on ESG factors.
S&P 500 ESG ETF (Stocks & Shares ISA only)
Invest in an ETF that aims to replicate the performance of a diverse range of leading US companies from the S&P 500 ESG index.
This index measures the performance of companies like Apple, Microsoft and Amazon that score highly on ESG (environmental, social and governance) criteria, while maintaining similar overall industry group weights as the S&P 500.
The index that this fund tracks specifically excludes companies that are involved in controversial weapons, tobacco and coal, as well as those failing to comply with United Nations Global Compact norms.
European Shares SRI ETF (Stocks & Shares ISA only)
Back leading European companies with a focus on ESG values, including Roche and Adidas.
European Shares SRI ETF (Stocks & Shares ISA only)
Back European companies that score highly on ESG (environmental, social and governance) factors.
This ETF seeks to track the performance of the MSCI Europe SRI Select Reduced Fossil Fuel index – which includes companies like Roche, L’Oreal and Adidas.
Companies included in this fund have been screened for any involvement in weapons, tobacco, nuclear power, coal, oil or gas.
Global Clean Energy ETF (Stocks & Shares ISA only)
Back the companies that are leading the charge in the future transition to clean energy.
Global Clean Energy ETF (Stocks & Shares ISA only)
Back companies leading the way in clean energy like First Solar and Vestas Wind Systems.
The ETF reflects the return of the S&P Global Clean Energy index, which tracks companies that produce energy from solar, wind and other renewable sources.
Companies included in this fund have been screened for any involvement in weapons, tobacco, nuclear power, coal, oil or gas.
Clean Water ETF (Stocks & Shares ISA only)
Get exposure to companies that are providing new clean water technologies and network maintenance.
Clean Water ETF (Stocks & Shares ISA only)
Get exposure to the growth potential of the clean water industry by tracking the Solactive Clean Water index.
The companies in this index – like Evoqua Water Technologies Corp and Tetra Tech Inc. – are leaders in the international clean water industry. They provide network maintenance, waste water services and technological advancements.
The fund invests in companies which contribute to environmental objectives, do not significantly harm any environmental or social objectives, and which follow good governance practices.
Cyber Security ETF (Stocks & Shares ISA only)
Spread your money across companies like Cisco and Darktrace that are innovating in the cyber security sector.
Cyber Security ETF (Stocks & Shares ISA only)
Invest in an ETF which aims to capture the growth potential of cyber security products and services.
This ETF tracks the ISE Cyber Security index – which gives you exposure to companies from developed and emerging markets that are making innovations in the cyber security sector including Cisco, Darktrace and Palo Alto Networks.
The fund invests in companies which contribute to environmental objectives, do not significantly harm any environmental or social objectives, and which follow good governance practices.
Automation & Robotics ETF (Stocks & Shares ISA only)
Track developed and emerging market companies that are creating technology in automation and robotics.
Automation & Robotics ETF (Stocks & Shares ISA only)
Get access to a range of companies from the STOXX Global Automation & Robotics index like Apple, Nvidia and Advanced Micro Devices that are developing technology in the fields of automation and robotics.
These companies develop the software, machinery, hardware and other components needed for the expansion of the automation and robotics industry.
Companies included in this fund have been screened for any involvement in weapons, tobacco, nuclear power, coal, oil or gas.
Digitalisation ETF (Stocks & Shares ISA only)
Track the performance of developed and emerging market companies like Docusign that focus on digital services.
Digitalisation ETF (Stocks & Shares ISA only)
Track the performance of the STOXX Global Digitalisation index, which includes developed and emerging market companies like Netflix, Docusign and Visa.
The index’s exposure is diversified across several digitally focused services including e-commerce, communication, IT infrastructure and cloud storage.
Companies included in this fund have been screened for any involvement in weapons, tobacco, nuclear power, coal, oil or gas.
Global Ageing Population ETF (Stocks & Shares ISA only)
Get exposure to companies that provide care and other needs to the world’s ageing population.
Global Ageing Population ETF (Stocks & Shares ISA only)
Invest in an ETF that provides exposure to companies that stand to gain from meeting the growing needs of the world’s ageing population.
The ETF tracks companies that are included the STOXX Global Ageing Population index – including Brown & Brown, Hoya Corp, and Airbnb – which focus on things like wealth and asset management, healthcare, leisure and travel.
Companies included in this fund have been screened for any involvement in weapons, tobacco, nuclear power, coal, oil or gas.
It's important you know
All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Tax treatment depends on individual circumstances and is subject to change.
It's important you know
Capital at risk. All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest.
Tax treatment depends on individual circumstances and may be subject to change in the future.