Why ESG matters to SEIS/EIS
Environmental, Social, Governance (ESG) has been the news and not only because of Earth Day. This investment strategy has already impacted us all in v...
At Sapphire Capital, we know that diverse and inclusive teams yield the best results for our funds, investors and clients.
As a financial services firm, Sapphire Capital Partners LLP is duty bound to address diversity and inclusion within our teams and client offerings. Because an unjust workplace starts from the top, senior management is primarily responsible for delivering change by de-biasing the organisation to ensure that inclusivity is inherent. We also expect our clients, as well as our employees, to hold us accountable because diverse and inclusive teams provide a better service. As a result we are currently trying to become B-Corp Certified.
In 2018, we made a formal pledge of support to improve gender diversity in the financial services sector by becoming signatories to HM Treasury's Women in Finance Charter. We strive to enable women's talent to be optimised for the greater good of our colleagues, clients and for the communities we live in. The Charter requires us to report our targets and progress towards supporting women in finance. In 2020, we became a signatory to the United Nations Principles of Reponsible Investment.
We also have our own inclusion goals and are excited to report our progress in them as well, in order to keep evolving.
As a signatory of the Women in Finance Charter, we have made an ongoing commitment to maintaining gender parity at senior management level. We also strive to maintain a level of at least 50% of women in our team.
With over 370 company signatories the Charter is covering c.900,000 employees in the financial services sector. It not only makes signatories commit and evidence actions, but also provides insights into what we are doing to drive progress towards achieving change.
The Charter's principles are to:
Support the progression of women into senior roles in the financial services sector;
Identify one member of the senior executive team who is responsible and accountable for gender diversity and inclusion;
Recognise the diversity of the sector and that firms will have different starting points – each firm sets its own targets and strategy ; and
Publicly report on progress to deliver against these internal targets to support the transparency and accountability needed to drive change.
Sapphire Capital Partners LLP are a signatory to the United Nations Principles of Responsible Investment(PRI).The UN Principles for Responsible Investment is the world’s leading proponent of responsible investment. It works to (1) understand the investment implications of environmental, social and governance (ESG) factors (2) support its international network of investor signatories in incorporating these factors into their investment and ownership decisions. The PRI acts in the long-term interests of its signatories, the financial markets and economies in which they operate, and ultimately the environment and society.
The Principles were developed by investors, for investors. In implementing them, signatories contribute to developing a more sustainable global financial system. They are as follows:
1: Incorporate ESG issues into investment analysis and decision-making processes.
2: Be active owners and incorporate ESG issues into our ownership policies and practices.
3: Seek appropriate disclosure on ESG issues by the entities in which we invest.
4: Promote acceptance and implementation of the Principles within the investment industry.
5: Work together to enhance our effectiveness in implementing the Principles.
6: Report on our activities and progress towards implementing the Principles.
The PRI’s Mission is simple:
An economically efficient, sustainable global financial system is a necessity for long-term value creation. Such a system will reward long-term, responsible investment and benefit the environment and society as a whole.
We as signatories will work to achieve this sustainable global financial system by (a) encouraging adoption of the Six Principles and collaborate on their implementation (b) by fostering good governance, integrity and accountability; (c) addressing obstacles to a sustainable financial system that lie within market practices, structures and regulation.”
Get a call from us
Schedule a meeting with one of our experts
Send an email
Sapphire is a multi-award-winning firm that helps funds and companies grow and scale.