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.
Alcentra believes that supporting the communities around us is fundamental to good business, and spending our time and money on charitable causes is one way that we do this.
In 2021, Alcentra chose to support three charities whose work contributes to the wider community.
Centrepoint is the UK’s leading youth homelessness charity. Centrepoint provides homeless young people with accommodation, health support and life skills in order to get them back into education, training and employment. Centrepoint want to end youth homelessness by 2037.
Youthinc is a social enterprise providing a range of mental health services for children, young people and families. Through their unique team and collaborative approaches, they offer multi-disciplinary assessments and ongoing individualised support for young people, organisations, and carers. Youthinc has specialist experience in supporting young people and families who experience difficulties in accessing mental health services.
The Greater Boston Food Bank (GBFB) takes a bold, innovative and multi-pronged approach to achieve our mission to end hunger here.
GBFB is the largest hunger-relief organization in New England and among the largest food banks in the country. Last year they distributed 98.8 million pounds of nutritious food to people who struggle to have enough to eat. Greater Boston Food Bank are committed to increasing their food distribution to provide three meals a day to every Person in need in Eastern Massachusetts while supporting healthy lives and healthy communities.
Action Against Hunger is a global organization that works to end hunger around the world. The primary goal of the organization’s primary goal is to create a better way to deal with hunger and malnutrition in nearly 50 countries. The organization employs around 7.500 field staff who assist more than 21 million people in emergencies caused by food crises, natural disasters and conflicts.
Action Against Hunger focuses on families with young children. Its goal is double the number of children who receive urgent hunger care, from three million to six million by 2020. The organization also deals with other issues evolving from hunger, such as nutrition and health, water and sanitation, emergency response, food security and livelihoods. Action Against Hunger saves lives of children and their families and enables them to provide for themselves. The organization constantly searches for innovative and effective solutions to push for long-term change and free world from hunger.
UNICEF is one of the largest UN agencies dedicated to helping children in need. It works around the world to help children survive and thrive. Amongst many programs, the UNICEF implements the nutrition program and is the part of the major global initiative called the Scaling Up Nutrition, which drives focus and investment for nutrition in many countries around the world.
UNICEF works in more than 190 countries worldwide saving lives of children. A key component of its work is nutrition, which is often implemented through an emergency feeding program during famine and disaster situations. The organization also established community clinics that offer nutrition education to young mothers. It is safe to say that today, UNICEF is the largest supplier of food for malnourished children in the world.