CORPORATE ESG STRATEGY
CSC is committed to Our Purpose to make our communities better off tomorrow than they are today. As a global group, with employees in more than 40 offices worldwide, CSC has the power to make a positive impact. We support that through our clear corporate purpose and strong stakeholder governance. We measure our success as a business, not only by delivering strong valued services and products but also by how we positively impact people, society, and our planet. CSC recognizes the consideration to long-term value creation in supporting sustainable business practices.
As the years progress, we at CSC continue to expand our philanthropic efforts. We continue to live Our Values, which include being genuine and making a difference in the communities where we live and work. We understand that to fulfil our purpose of being a great, enduring, profitable company—earning the respect and trust of all who come to know us—we must first take care of the communities where we are fortunate enough to do business.
We aim to create a better tomorrow for everyone. We are built on a foundation of giving back to our communities. Moving ahead as a company, we will remain steadfast in our dedication to public service because at CSC, service is our middle name. Service—to our people, partners, customers, and communities.
It is who we’ve been, who we are, and who we’ll continue to be.
CSC ESG SUSTAINABILITY CHARTER
At CSC, we believe in respecting human rights and our planet. We want to enable people and the planet to thrive, by proactively utilizing environmental, social, and governance sustainability initiatives, which support local and global engagement.
Through living our values of being genuine and encouraging teamwork as part of the services we provide to our clients and communities, we’ve chosen three core philanthropic pillars on which to base our sustainable development goals. These are areas where we can positively impact the world around us, in environmental, social, and governance practices.
- Ensuring our local communities thrive
- Developing the workforce of tomorrow
- Supporting the causes that matter most to our people
Proudly located in the United States, Canada, Europe, and the Asia-Pacific region, we invest in causes and foundations that better the areas where our people live and work.
Rooted in our efforts to help shape the future workforce, these initiatives focus on education and skill-building through youth mentorship, membership on education-related boards, and financial support.
CSC prioritizes initiatives and causes that are most important to employees. We rally behind the efforts championed by our people to ensure the greatest possible benefit.
To create a better tomorrow for everyone.
- Lead by example:We understand that our leaders can help drive the right values and culture across the group.
- Work as a team:We support our staff in discharging their responsibilities and bringing out the best.
- Respect diversity and individuality:We respect people for who they are and work alongside each other with inclusion and without judgement.
- Act with integrity:We always strive to live up to the highest moral and professional standards and deliver on what we promise
- Commitment to community:We believe we are all an integral part of our socio-economic environment and work to make a difference in the quality of the lives and communities around us.
- Be professional, unbiased, and ethical in all our dealings and relationships, and respect diversity.
- Innovate to improve by utilizing the latest technologies to minimize our impact on the environment.
- Safeguard our stakeholders’, clients’, and investors’ interests by practicing excellence in financial security.
- Make ESG sustainability a factor in our choice of service providers and our ability to win new business.
- Help to improve the financial services industry’s reputation.
Our ultimate goal is to conduct our business responsibly and in a way that maintains the trust and respect of our clients, regulators, investors, industry bodies, and service providers. We strive to measure our impact on people, society, and the planet and hold ourselves accountable. We have zero tolerance for discrimination, and we support and encourage diversity and belonging to help steer our company’s long-term vision and planning.
The very nature of our business enables us to minimize the impact on the environment by reporting digitally. Fund administration, corporate secretary, and the majority of our services have traditionally involved reams of paperwork. We encourage a “paperless office” where possible in the fund services space and continue to assess and review efficiencies of scale on proprietary and third-party technology on a global basis. We look for new technologies to improve our business infrastructure while reducing our carbon footprint and environmental impact. We actively support sustainability within our owned office spaces through environmental initiatives including several green roof areas, planting more than 500 trees, creating a four-acre native vegetation meadow and storm water control, and collecting rainwater. Additionally, buildings include high-performance glazing and daylight harvesting, and programmable LED lighting. Our ultimate aim is to further enhance our existing positive environmental impact.
We take the provision of a secure, reliable, and compliant reporting service very seriously in every jurisdiction. We have robust IT, information, data security, risk, governance, and compliance departments and place great importance on global oversight across CSC. Adhering to regulations and protecting our clients’ interests are fundamental, not only to our success but to maintaining integrity as a business.
As part of our ongoing evaluation of service providers, we conduct due diligence of their operations, procedures, and values related to our own guiding principles and ethical, social, and governance standards. We look to attract clients who also want to work with socially responsible and ethical businesses. As ESG strategies increase in popularity across the asset management space, we want to ensure that CSC is the fund administrator of choice. Our goal is to deliver the most advanced ESG reporting services to ethically driven funds and to live Our Values through ESG sustainability activities and initiatives across our locations.
We recognize the traditional financial services industry does not have the best reputation for ethical standards or morals-based decision-making. We are committed to changing that perception and demonstrating that we want to empower social change agents. We will maintain a transparent and proactive approach and hold ourselves to the highest standards in benefiting people, society, and the environment. CSC gives back through encouraging and supporting social initiatives and staff engagement in local communities across our geographic footprint, providing flexibility to maximise engagement and charity work. CSC employees have contributed to more than 150 causes worldwide and have dedicated thousands of hours of their time to help our communities. CSC embeds these sustainable values into performance management, ensuring our purpose to make our communities better off tomorrow than they are today.