Alcentra is committed to being one of the world’s leading proponents of Responsible Investment, implementing the six Principles for Responsible Investment as laid out by the UN PRI
Responsible investing is often referred to as Environmental, Social and Governance (“ESG”), sustainable and or socially responsible investing. In formulating and implementing a responsible investment policy, Alcentra must take into account its responsibilities towards protecting its brand as well as all of its stakeholders, including its clients, shareholders and employees with regard to investment and performance, as well as its position as an agent acting on behalf of these clients.
Alcentra believes that responsibly managed companies are better placed to achieve a sustainable competitive advantage and provide strong long-term growth. As a result, our commitment to implement the six Principles for Responsible Investment and the analysis of E, S and G factors form an integral part of our standard investment process.
As part of our commitment to responsible investing, Alcentra became a signatory of the Principles for Responsible Investment (“PRI”) in June 2018 and is subject to their reporting standards and requirements.
In January 2020, Alcentra became an official supporter of the Task Force on Climate-Related Financial Disclosures (“TCFD”). As supporters, we are proud to publicly advocate for the recommendations set by the TCFD and aim to implement them within our own investment practices.
In October 2021, Alcentra took two important steps in support of the fight against climate change. Alcentra became a signatory of the 2021 Global Investor Statement to Governments on the Climate Crisis, becoming one of 587 investors with around 40% of the world’s AUM calling on governments to take action on the climate crisis. Alcentra also became a member of The Institutional Investors Group on Climate Change (IIGCC), the European membership body for investor collaboration on climate change. We advocate in support of their mission to enable the investment community to drive significant progress by 2030 towards a net zero and resilient future.
We are pleased to announce that Alcentra has become a signatory to the UK Stewardship Code in September 2022 and in doing so we have met the high standards the FRC sets for investors. This achievement further underlines Alcentra’s commitment to Responsible Investing.