Corporate governance

Approach

Aberdeen Standard is committed to effective and transparent corporate governance in running its own business. We aim to be transparent in all our activities and reports and follow best practice in day to day operations.

Also, as an investor in global companies on behalf of clients around the world, we look for companies with financial strength and sound corporate governance practices in which to invest. Once invested, we exercise responsible ownership, in part by voting proxies, with a conviction that companies adopting best practices in corporate governance will be more successful in their core activities and deliver enhanced returns to shareholders.

Anti-bribery and corruption policy

We follow a globally consistent approach to managing anti-bribery and corruption (ABC) at all levels of our business and in all regions in which we operate, in compliance with the UK Bribery Act (2010), US Foreign Corruption Practices Act (FCPA) (1977) and related legislation. Our approach is implemented via and outlined in our ABC policy.

ESG investment and stewardship

At Aberdeen Standard Investments, stewardship is a fundamental element of our investment approach.  We believe that the assessment of environmental social and governance (ESG) factors adds value to investment performance by mitigating risk and identifying opportunities. In addition to the integration of material ESG factors, we also offer clients bespoke ESG and screened solutions to meet their investment needs.

Product Governance and Fair Dealing

Aberdeen Standard Asset Management (Thailand) Limited has implemented Fair Dealing Outcomes in order to prevent the miss-selling or inappropriate selling of financial products to investors at the pre-sales, point of sales, as well as post-sales processes. This would therefore require intermediaries to be in lined and complied with Fair Dealing Outcomes regulation that will be laying down effective monitoring system to ensure service quality of salepersons.