Individual Investors
Please select this option if you are an individual investor. The value of investments may go down as well as up and you may get back less than you originally invested.
proceed
Professional Investors
The information contained in these pages must not be used or relied upon by private investors. Please select this option only if you are a professional investor.
proceed
Alliance Trust Savings: Change of Ownership
Please note that, as of 28 June, Alliance Trust Savings (ATS) is owned by Interactive Investor Limited. If you have any questions about the sale of ATS and what it means for you, please visit ATS’ website*. If you’d like to stay up to date with the Trust’s performance or any news, please sign up below.
Visit ATS website Sign up
By clicking on the 'Visit ATS website' link above, you will be taken to a third party website.

*The brand names ‘Alliance Trust Savings’, ‘ATS’, ‘AT Savings’ and the ‘Alliance Trust Savings’ logo which may appear on ATS’ website are owned by and used with the permission of Alliance Trust PLC, being the previous owner of ATS.

Safeguarding against human rights abuses

25 June 2021 Stock Stories, Voting, Engagement

Social engagement case study - Veritas Asset Management

Alliance Trust had an allocation to Vinci, a French construction and concessions company as at 30 September 2020.

Area of engagement
EOS has engaged with Vinci over time with respect to its exposure to the risk of complicity with regards to potential labour and human rights abuses in Qatar.

Outcome
Vinci made a number of changes, including creating a global task force of human rights directors, appointing an independent third party firm to conduct a human rights impact assessment, and organising a workshop on modern slavery.
In 2017, Vinci signed an agreement with QDVC, its joint venture with the real estate arm of Qatar’s sovereign wealth fund, and the union federation BWI. The agreement covers the human rights of QDVC workers employed in the country and includes due diligence on its sub-contractors. This agreement was the first of its kind in Qatar between a union federation and a Qatari company.

Companies mentioned are for informational purposes only and should not be considered investment advice.

Source: EOS at Federated Hermes.

Find out more
More from Alliance Trust