Leading the way in seeking to integrate ESG issues into the Private Debt sector
According to the piece of research commissioned by the PRI “How ESG engagement creates value for investors and companies”, a growing number of investors are undertaking corporate engagement and exercising their rights as shareholders to influence corporate behavior. The study mentions that, between 2014 and 2016, the volume of assets managed with explicit commitments to engage or vote on ESG issues grew 41%. In Europe alone, engagement (and exercising voting rights) is the third most popular responsible investment strategy. It is carried out by managers of more than €4.27 trillion assets under management, a figure that grew by 30% in the two years to 2016. This shift in institutional investor practices towards ‘active’ forms of ownership indicates that institutional investors recognize that their fiduciary duty to clients and beneficiaries should involve purposeful consideration, monitoring and intervention regarding ESG factors affecting investee companies.
At Kartesia, by demonstrating our commitment to Corporate Social Responsibility, we aim to align our business values, purpose and strategy with the needs of our Limited Partners, whilst embedding such responsible and ethical principles into everything we do.
In this CSR Brochure 2018, we will outline how Kartesia continues to lead the way in seeking to integrate ESG issues into the Private Debt sector, by teaming up with service provider Sustainalytics to assess the carbon footprint of our portfolio companies on an annual basis or by joining the ESG in private debt project of the PRI. We have also included some case studies on our portfolio companies and on Belgian non-profit Maison d’Enfants Reine Marie-Henriette, which provides specialized help for children in need and their families, Kartesia has supported this wonderful cause since 2017.