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.
Head office GBStaff ~204 (Polar Capital Holdings, the investment manager, as of March 2024; PCT itself has no direct employees — it is an externally managed investment trust)Revenue ~£29.4M (gross income FY2025, per AIC filing; investment trust NAV £3,804.9M as at April 2025)Website ↗
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.
Polar Capital Technology Trust scores 25/100 (Significant gaps) on SINK's independent climate assessment, scored from public data only. Scores are free. Companies can never pay for anything about their own score. Last verified August 2026.
That places Polar Capital Technology Trust joint 808th of 934 companies scored, and joint 52nd of 59 in Financial Services / Banking.
Strongest on Controversies & Red Flags and Water Impact (7/10, 4/10). Weakest on Carbon Footprint: Supply Chain and Emissions Trajectory (1/10, 1/10).
For each question that lost points, the evidence our public rubric looks for that we didn't find.
A score changes when the evidence does. We use new published evidence at the next rescore. Anyone can send us new evidence, free. How to send it.
Same ten questions for every company. No private weighting.
SINK = (0.3 × Base + 0.7 × Performance) × Scale8 sources used in this assessment. All publicly available. Each row shows which of the ten questions it informed.
50% of them were published by Polar Capital Technology Trust itself; the rest come from independent sources.
“We have engaged with a specialist climate and emissions consultant, with the aim of assessing our climate and environmental practices”
“we remain focused on developing our climate strategy, analysis capabilities and stewardship practices”
“As at 30 April 2024, based on MSCI ESG ratings, the portfolio and the benchmark were both A rated”
“Polar Capital Holdings had 204 employees as of March 31, 2024”
“Polar Capital's investment teams are given the flexibility to integrate environmental, social and governance (ESG) considerations”
“By sector, semiconductors and semiconductor equipment accounted for 44.0% of the portfolio”
“Launched in 1996, Polar Capital Technology Trust plc has a long-term, multi-cycle track record in growing investors' capital”
“Polar Capital Technology Trust is a large British investment trust dedicated to investing in a portfolio of technology companies”
If you believe a source has been misread or a newer version exists, submit a challenge.
Use this score in tenders
Send the link, or the one-page score sheet. It links back to this page and every source. Free.
Open the score sheet →Send new evidence, free
Scored low because little is published? Publish what you do and send us the link, free. If it holds up, your score changes, and the change is logged on your page.
How to send evidence →Put your score on your website, free
It shows the current score and links to this page, so it changes when the score does.
Track this score
Bidding for a public contract? Check if you need a Carbon Reduction Plan, free →
Free, independent, every source shown. Send it to any buyer who asks about your sustainability.
Where Polar Capital Technology Trust sits among financial services / banking peers.
Among the 59 major financial services / banking brands we've scored, Polar Capital Technology Trust is tied =52nd of 59, with 1 other.
The 3 companies in the sector scoring nearest above Polar Capital Technology Trust.
F&C Investment Trust discloses minimal environmental data despite managing £3bn+ in global equities.
See the breakdown →Scottish Mortgage is a listed investment trust with negligible operational footprint but material financed emissions exposure through ~100 portfolio companies.
See the breakdown →Lion Finance Group has documented climate strategy and board oversight, but fails on execution.
See the breakdown →One email, every Sunday. Score changes, new research, the stories behind the numbers. Free.
We'll send one email to confirm. No spam. Unsubscribe in one click.
Checking a company?
Search free →Asked to prove you're sustainable?
Get your business scored, free →Been scored?
Find your page and claim it, free →Scores are free. Companies can never pay for anything about their own score.