Our ESG Policy (“the Policy”) has been in place since 2012, and we have been proud signatories to the United Nations-supported Principles for Responsible Investment (PRI) since 2017. We achieved “A” in both “Strategy and Governance” and “Private Equity” modules in both the 2019 and 2020 assessments.
Our Policy embraces the six principles of the PRI and the ten principles of the United Nations (UN) Global Compact. Included in the Policy are sector-specific ESG considerations across twelve target sectors, including food & beverage, retail, healthcare, education and manufacturing, e-commerce, B2B services, energy, financial services and a negative investment list composed of prohibited sectors.
We regularly update our Policy to take into consideration the latest changes in the ESG landscape. In 2020, the Policy was updated to include our approach to Climate Change based on the guidelines and framework provided by the Task Force on Climate Related Financial Disclosures (“TCFD”).
Our commitment to ESG is led by the Founding Chairman of Affinity and our Head of ESG & Sustainability and supported by all of our investment professionals.