We believe ESG Policies are a means for creating positive economic, environmental and social value for our investee companies, investors and society.
This firm commitment to promoting sustainable investment, by integrating environmental, social and governance criteria, has received the highest rating (A+) for both investment strategies according to the United Nations Principles for Responsible Investment (UNPRI).
Today, as a society, we face the important challenge of ensuring the sustainability of not only our environment but also our production system and our whole economy. To tackle this challenge, we must align ourselves with promoting companies and projects that are committed to values that go beyond strictly financial returns.
At Suma, we have been signatories to the United Nations Principles for Responsible Investment (PRI) since 2013 and publicly support the TCFD, whose recommendations we are already implementing.
Aware of our responsibility to transform society and build a better future together, we have formalised our commitment in our Responsible Investment Policy, laying out how we systematically and rigorously integrate environmental, social and governance (ESG) criteria into our operations and our consideration of sustainability risks and the effects of adverse impacts on our investment processes (Regulation (EU) 2019/2088 on sustainability‐related disclosures in the financial services sector).
Our commitment to sustainability is at the core of Suma Capital’s good governance, which is why we have drafted a Green Plan 2020-2025 in order to reduce our carbon footprint and help work towards the Sustainable Development Goals (SDG) on the 2030 Agenda.
Our goal is to cut our CO2 emissions 30% over 5 years, making us carbon neutral by 2025.
In terms of the residual emissions we can’t avoid, we’ve decided to offset them through Climate Neutral Now, an initiative launched by UN Climate Change in 2015.
We’ve received certification of the offset emissions with Certified Emission Reductions (CER) and have registered the same amount of CERs with the National Registry for Greenhouse Gas Emission Allowances, as per the Clean Development Mechanism of the Kyoto Protocol.
By purchasing certified emission reductions, we help foster sustainable projects in developing countries, working towards the SDGs.
By generating jobs and improving regional economies.
Improving people’s quality of life and social conditions.
Increasing the use of renewable energy and reducing the use of fossil fuels.
Reducing our impact on the environment and contributing to sustainable projects.
Responsible Investment Policy