Trustees' Annual Report and Financial Statements

Download the Trustees' Annual Report and Financial Statement.

Trustees' Annual Report and Financial Statements 2006-2007 (PDF, 322KB)
Trustees' Annual Report and Financial Statements 2007-2008 (PDF, 233KB)
Trustees' Annual Report and Financial Statements 2008-2009 (PDF, 317KB)
Trustees' Annual Report and Financial Statements 2009-2010 (PDF, 309KB)

If you would like a printed version please email the Fellowship office or call +44 (0)20 7451 6826.  

Social, environmental and ethical considerations

The Trustees seek to avoid investing directly or indirectly in the financial assets of institutions known to operate policies or have objectives that are incongruent with the aims of the RSA.

The Shipley Expendable Endowment is managed by Cazenove Capital Management (CCM) who use a rigorous investment process including analysis of both financial and non-financial factors. Research into the social, environmental and ethical (SEE) stance of companies is being integrated within their process. Full details of the CCM approach to responsible investment can be found on the CCM website.