267694 EdinburghIT AR 2024 WEB - Flipbook - Page 30
28 / STRATEGIC REPORT / THE EDINBURGH INVESTMENT TRUST PLC
SECTION 172 STATEMENT, COMPANY SUSTAINABILITY
AND STAKEHOLDERS / CONTINUED
ANTI-BRIBERY AND CORRUPTION
It is the Company’s policy to conduct its business in an honest
and ethical manner. The Company takes a zero-tolerance
approach to bribery and corruption and is committed to acting
professionally, fairly and with integrity in all its business dealings
and relationships wherever it operates. The Company’s policy
and the procedures that implement it are designed to support
that commitment and the appropriate training has been
undertaken by the Board and key service providers.
PREVENTION OF THE FACILITATION OF TAX
EVASION
The Board has adopted a zero-tolerance approach to the
criminal facilitation of tax evasion.
GREENHOUSE GAS EMISSIONS AND STREAMLINED
ENERGY AND CARBON REPORTING (’SECR’)
The Company has no employees, physical assets, property or
operations of its own, does not provide goods or services and
does not have its own customers. It follows that the Company
has little or no direct environmental impact. In consequence,
the Company has limited greenhouse gas emissions to report
from its operations aside from travel to board meetings, nor
does it have responsibility for any other sources of emissions
under the Companies Act 2006 (Strategic Report and
Directors’ Reports) Regulations 2013. As the Company has
no material operations and therefore has low energy usage,
it has not included an energy and carbon report.
CONCLUSION
The Directors believe that they have fulfilled their duties
under s172 of the Companies Act 2006 in their deliberations
on all matters. The Board takes into account the interests of
all the Company’s key stakeholders, as outlined above, in its
decision-making which reflects the Board’s belief that the longterm sustainable success of the Company is linked directly to
its key stakeholders. The work of the Board and its Committees
is described in the Governance Report on page 32.
This Strategic Report was approved by the Board on
24 May 2024.
Signed by order of the Board of Directors
NSM FUNDS (UK) LIMITED
COMPANY SECRETARY 24 MAY 2024
