London, 28 September
In collaboration with The Disruption House, The Investing and Saving Alliance (TISA) has completed a comprehensive assessment of its sustainability practices, including evaluating TISA’s alignment with the UN’s Global Core Indicators. The output from The Disruption House analysis will enable TISA to improve its sustainability decision-making processes and strengthen its accountability to all stakeholders. Interested parties can access the key summary findings here.
Key highlights from the assessment demonstrated that TISA is making significant progress towards 5 of the UN SDGs: 8 (Decent Work and Economic Growth) 9 (Industry Innovation and Infrastructure), 10 (Reduced Inequalities) 16 (Peace, Justice and Strong Institutions) and 17 (Partnerships for the Goals). TISA has also recognised the need to strategically improve alignment with Goal 7 (Affordable and Clean Energy) as a result of the benchmarking exercise.
Carol Knight, CEO of TISA UK, commented. “A key part of TISA’s role is to promote the financial wellbeing of UK Consumers. Sustainability transparency is increasingly seen as a key differentiator in choice of provider as independent research shows that customers perceive how a company treats its employees, community, and environment as an indication of how they will be treated.”
TISA’s collaboration with The Disruption House reflects their commitment to supporting their members in their ESG initiatives and goals. Through this partnership, TISA offers assistance in building ESG capabilities, supporting limited in-house resources, updating previous ESG work, conducting health checks to identify gaps, and prioritising actions.
Ms. Knight continued, “The Disruption House evaluation process was an enlightening experience which provided actionable insights into our internal processes. I believe publishing the results of our benchmarking exercise further demonstrates our relentless quest to ensure sustainability practices are embedded across the financial services sector. I would encourage our members to consider the benefits of conducting their own analyses.”
Rupert Bull, CEO and Founder of The Disruption House concluded. “We applaud TISA for advancing the UN’s SDGs and highlighting the benefits of transparent reporting. This approach contributes to accelerating the financial services sector’s efforts to address pressing global issues encompassing environmental, diversity and inclusion challenges.”
For more information
Sian Bradshaw
H/Advisors Cicero
+44 (0) 772 838 2373
Kuba Stawiski
H/Advisors Cicero
020 7343 1600 or +44 (0) 785 603 1906
Notes for Editors
About TISA:
The Investing and Saving Alliance’s (TISA) ambition is to improve the financial wellbeing of all UK consumers by working collectively with the financial services industry to deliver solutions and champion innovation, for the benefit of people, our industry, and the nation.
We do this by working with our member firms to deliver practical solutions and devise innovative, evidence-based strategic proposals for government, policy makers and regulators that address major consumer issues.
TISA is a not-for-profit membership organisation and a trusted partner of key industry stakeholders in helping shape the future of the UK financial services and the environment in which we operate. We have over 270 member firms involved in the supply and distribution of savings, investment products and associated services, including the UK’s major investment managers, retail banks, online platforms, insurance companies, pension providers, distributors, building societies, wealth managers, third party administrators, FinTechs, financial consultants, financial advisers, industry infrastructure providers and stockbrokers.
With a focus on three strategic pillars of work to best support the consumer and UK financial services, TISA has become a major industry delivery organisation for consumer focused and digital industry infrastructure initiatives:
- 1. BuildStrategic policy initiatives that influence policy makersregarding the financial wellbeing of UK consumers & thereby enhancing the environment within which the industry operates in the key areas of consumer guidance, retirement planning, later lifetime lending, vulnerable customers, financial education, savings and investments.
- Provide expert technical support to memberson a range of operational and regulatory issues targeted at improving infrastructure and processes, establishing standards of good practice and the interpretation and implementation of new rules and regulations covering ISAs, MiFID II, CASS, ESG/RSI, operational resilience, Cyber Risk, SM&CR and a range of other areas, and
- To transform our industry architecture by building digital transformation initiatives that are driving ground-breaking innovation. TISA has become a major industry delivery organisation for consumer focused, digital industry infrastructure initiatives.
TISA’s members provide comprehensive financial services to UK consumers. By measuring and disclosing their impact on the SDGs, these members will be better equipped to engage their customers effectively.
Find out more at www.tisa.uk.com or follow us on LinkedIn and Twitter for the latest updates.
About The Disruption House:
The Disruption House (TDH) are sustainability specialists – and we’re here to help you grow in a productive, profitable and responsible way. Our mission is to blend innovative technology with inherently human intelligence to power all-round performance improvements that result in sustainable business success.
TDH offers pioneering, cost-effective analytics and support to private companies of any size, giving them a competitive edge against large resource-rich competitors.
Via strategic partnerships, TDH works with industry leaders and visionaries who share our goal of a dynamic and innovative ESG industry.
These partnerships strengthen our ability to drive purpose-led profitable change for the benefit of the people and this planet.
Founded in 2015, TDH is driven by an expert team of serial entrepreneurs, research analysts, technologists and business experts.
For more information about The Disruption House and how we are sparking sustainable success, please visit our website at https://thedisruptionhouse.com/ or follow us on LinkedIn for the latest updates.
