Polar Capital Technology Trust·Financial Services / Banking·Last verified 2 August 2026
25
out of 100
Significant gapsPending ReviewMixed evidence· 8 src

Polar Capital Technology Trust scores 25/100 (Significant gaps) on SINK's independent climate assessment — scored from public data only, no company payment can change a number. Last verified August 2026.

That places Polar Capital Technology Trust joint 520th of 595 companies scored, and joint 32nd of 34 in Financial Services / Banking.

Polar Capital Technology Trust discloses minimal climate data despite managing £3.8bn in semiconductors and tech hardware. No quantified operational or financed emissions reported, no TCFD filing despite 2024 commitment, and no reduction targets. The portfolio's semiconductor concentration masks material Scope 3 exposure.

Is this your company?

This score is built from public data only. If your practice is stronger than your disclosure, submit evidence for review — or challenge any question, free.

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The calculation

How is Polar Capital Technology Trust's SINK score calculated?

Same formula for every company. No curve. No private weighting.

SINK = (0.3 × Base + 0.7 × Performance) × Scale
Industry base impact
Financial Services / Banking sector ceiling.
50 / 100
Performance score
Sum of the 10 rubric questions, scored 0–10 each.
29 / 100
Raw score
Weighted average before scale penalty.
(0.3 × 50) + (0.7 × 29) = 35.3
Scale penalty
Multiplier based on absolute emissions volume — physics-first.
× 0.7
Final score
Rounded. Significant gaps.
25 / 100
The ten questions

What is Polar Capital Technology Trust doing well, and where does it fall short?

Strongest on Controversies & Red Flags and Water Impact (7/10, 4/10). Weakest on Emissions Trajectory and Carbon Footprint — Supply Chain (1/10, 1/10).

Where the evidence comes from

What evidence is Polar Capital Technology Trust's score based on?

8 sources used in this assessment. All publicly available. Each row shows which rubric questions it informed.

[1]Self-reported
Polar Capital — Stewardship & ESG

We have engaged with a specialist climate and emissions consultant, with the aim of assessing our climate and environmental practices

Ongoing
Q1Q2Q3Q4Q6Q8Q9
View →
[2]Self-reported
Polar Capital Holdings — Results 31 March 2024

we remain focused on developing our climate strategy, analysis capabilities and stewardship practices

2024
Q3Q8Q9
View →
[3]Self-reported
Polar Capital Technology Trust — FY2024 Annual Report and Accounts

As at 30 April 2024, based on MSCI ESG ratings, the portfolio and the benchmark were both A rated

2024
Q1Q2Q5Q9
View →
[4]Third-party verified
StockAnalysis — Polar Capital Holdings Employees

Polar Capital Holdings had 204 employees as of March 31, 2024

Ongoing
Q1Q4
View →
[5]Third-party verified
Hargreaves Lansdown — Polar Capital Technology Trust Research

Polar Capital's investment teams are given the flexibility to integrate environmental, social and governance (ESG) considerations

2025
Q6Q10
View →
[6]Third-party verified
Investing.com — Polar Capital Technology Trust Top Holdings

By sector, semiconductors and semiconductor equipment accounted for 44.0% of the portfolio

2025
Q5Q10
View →
[7]Self-reported
Polar Capital Technology Trust — Official Website

Launched in 1996, Polar Capital Technology Trust plc has a long-term, multi-cycle track record in growing investors' capital

Ongoing
Q7
View →
[8]Public record
Wikipedia — Polar Capital Technology Trust

Polar Capital Technology Trust is a large British investment trust dedicated to investing in a portfolio of technology companies

Unknown
Q7
View →

If you believe a source has been misread or a newer version exists, submit a challenge.

Polar Capital Technology Trust in context

How does Polar Capital Technology Trust compare with other financial services / banking companies?

Where Polar Capital Technology Trust sits among financial services / banking peers.

Among the 34 major financial services / banking brands we've scored, Polar Capital Technology Trust is tied =32nd of 34, with 1 other.

=32/34
Polar Capital Technology Trust's rank
39
Industry average
23
Industry low
65
Industry high
How this score has moved

Has Polar Capital Technology Trust's score changed?

today

Score history begins .

As Polar Capital Technology Trust's score updates, the trajectory will appear here.

We're backfilling historical scores for FTSE 100 and S&P 100 companies over the coming weeks.

What's being contested

Has Polar Capital Technology Trust's score been challenged?

This score is not currently being contested.

Every challenge is published. We'd rather be corrected than wrong — that's the whole point.

No challenges submitted yet. If you have evidence that contradicts this score, you can challenge any question above — cite a public source and we'll review it.

About Polar Capital Technology Trust

Polar Capital Technology Trust is a closed-ended investment trust listed on the London Stock Exchange, externally managed by Polar Capital LLP. It invests primarily in global technology companies, with heavy concentration in semiconductors (44%), software, and hardware. Founded in 1996, it holds approximately £3.8bn in assets.

Founded
Headquarters
GB
Employees
~204 (Polar Capital Holdings, the investment manager, as of March 2024; PCT itself has no direct employees — it is an externally managed investment trust)
Annual revenue
~£29.4M (gross income FY2025, per AIC filing; investment trust NAV £3,804.9M as at April 2025)
Company website ↗
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