The Principles for Responsible Investment
In February 2011, Silverfleet Capital became a signatory to the United Nations’ Principles for Responsible Investment (“UNPRI”), an initiative framed by a network of international investors working together to put the six ‘Principles for Responsible Investment’ into practice. Silverfleet Capital were amongst the first signatories of this initiative from the private equity industry.
The Principles were devised by the investment community, and reflect the view that environmental, social and corporate governance (ESG) issues can affect the performance of investment portfolios and therefore must be given appropriate consideration by investors if they are to fulfil their fiduciary duty. Through incorporating ESG issues into our decision-making and ownership practices we are able to better align our objectives with those of society at large.
The Six Principles for Responsible Investment
- We will incorporate ESG issues into investment analysis and decision-making processes.
- We will be active owners and incorporate ESG issues into our ownership policies and practices.
- We will seek appropriate disclosure on ESG issues by the entities in which we invest.
- We will promote acceptance and implementation of the Principles within the investment industry.
- We will work together to enhance our effectiveness in implementing the Principles.
- We will each report on our activities and progress towards implementing the Principles.
Kay Ashton and Darren Jordan, both partners of the firm, have responsibility for ESG issues, with the aim of ensuring that the firm’s ESG policies are both reflected in the companies in which we invest, and are consistent with our investors’ own ESG initiatives.
Further details on this initiative can be obtained from the UNPRI website.