CoRe has since its inception demonstrated a concern to contribute to a paradigm shift in ESG (Environmental, Social and Governance) responsibility.
The focus on ESG best practices in the fund’s investment decision intends to help SMEs and MID CAPs to become more climate resilient and with lower physical and transition risks. Starting from the Due Diligence process to Reporting, we seek to incorporate ESG issues into our strategy, the governance model of our investees, and their goals and objectives.
In fulfilling these commitments, CoRe follows the guidelines of European and national governmental institutions in the field of sustainability in the financial services sector.
See our Sustainability Policy for more information.
Compliance with the Sustainability Policy will allow us to meet international best practices and their pillars, in which funding does not have a significant negative impact on the environment and communities, also meeting the ambition of the NextGenerationEU Plan, by identifying the alignment of the fund with the EU Taxonomy, thus contributing to sustainable funding to promote the European Green Deal
- Resource Efficiency
- Energy sources
- Ecological footprint
- Climate adaptation
- Social Transition
- Resource Qualification
- Working conditions
- Stakeholder alignment and management
- Clear Governance Policies
- Prevention of money laundering and corruption
EU Regulation 2019/2088 of November 27, 2019 on Disclosure of Sustainability-related Information in the Financial Services Sector (“SFDR Regulation”) sets out various obligations to disclose sustainability-related information to investors. Accordingly, Core Capital reports that:
- It integrates sustainability risks into its investment decision-making process under the terms set forth in its Sustainability Policy;
- Notwithstanding the implementation of the Sustainability Policy, it does not consider the main negative impacts of investment decisions on sustainability factors under the terms foreseen in article 4/1 b) of the SFDR Regulation, since the data required by the above mentioned Regulation has not yet been collected. As soon as it is possible to collect and analyze the necessary information under the terms of the mentioned EU legislation, CoRe will disclose how it takes these impacts into account, as well as how it will adopt due diligence policies appropriate to its size, nature and scale of its activities;
- Its Sustainability Policy provides that ESG principles should be one of the criteria used in evaluating the professional performance of its employees;
- It does not manage financial products of the types indicated in Articles 8 and 9 of the SFDR (which promote environmental or social features or aim at sustainable investments, with the designation of a benchmark index).