Responsible and ethical business

Sustainability pillar

Our purpose to invest to enhance and extend human life is a core part of what attracts the best talent to Syncona.

The Board of Syncona is responsible for promoting the long-term sustainable success of the Company, generating value for shareholders and contributing to wider society. It recognises the importance of focusing on sustainability issues as a business and social imperative. The Board has ultimate oversight and accountability for sustainability at Syncona, and is supported by the Audit  ommittee, which has responsibility for the oversight of risks, including those relating to sustainability. Find out more about how we engage with our various stakeholders in the Governance section.

The Syncona team implements corporate strategy on a day-to-day basis. We provide sustainability training and guidance to all members of the Syncona team. It is their responsibility to support the portfolio companies to achieve the goals set out in Syncona’s Responsible Investment Policy, and to monitor, report and manage sustainability risks and opportunities across both Syncona and the portfolio. Sustainability responsibility and accountability is taken into account in relevant team performance reviews, which informs decisions on remuneration. It also forms part of the overall corporate goals for the Company for the year.

Our governance framework is supported by committees with responsibility for the oversight of sustainability activities. In particular, the Sustainability Committee is responsible for overseeing progress on Syncona’s Sustainability Policy. The Sustainability Committee includes representatives from across the business, including finance, IR, legal, HR, the investment team, and the new Launch Team.

We aim to have a robust set of policies, internal controls and management processes covering all of the areas for our business to operate responsibly and ethically. You can find further details of key policies in our Sustainability Report.

We believe it is important to seek to minimise our environmental impact, in line with best practices. For more information read our Climate Ambition Statement. We have also underlined our commitment to a strong environmental reporting framework by reporting against the recommendations of the Task Force on Climate-Relate Financial Disclosures (TCFD). Our disclosure can be found within our Annual Report and Accounts.