GOOD
ESG PRACTICES
Impact investments and value creation strategies based on respect for ESG pillars guide CoRe Capital’s investment policy
CoRe has since its inception demonstrated a concern to contribute to a paradigm shift in ESG (Environmental, Social and Governance) responsibility. To this end, we have been signatories to the UN-backed Principles for Responsible Investment (PRI) initiative since 2022 and we incorporate environmental, social and corporate governance (ESG) considerations into all our investment strategies.
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.
Core does not have an approved “Remuneration Policy” that integrates sustainability risks. However, according to its “Sustainability Policy”, ESG principles are applied indirectly, as they are one of the criteria used to evaluate the professional performance of its employees.
The information on this website regarding ESG has a reference date of: 21/06/2024.
Core Capital ensures that this information is kept up to date, mentioning the update dates and the reason for them.
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
Failure to consider the negative impacts of the investment decisions on the sustainability factors
Notwithstanding the implementation of the Sustainability Policy, CoRedoes 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 Regulation mentioned above has yet to be 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 and how it will adopt due diligence policies appropriate to the size, nature, and scale of its activities. CoRe Capital has planned to have these works completed by the end of 2024.
