Firm News

Environmental, Social and Governance (“ESG”) is important to 17Capital as it helps us to be a better corporate citizen and serve our investors and clients better. This year 17Capital made three commitments to ESG:

• Contribute to the overall effort to reduce the impact of our activities on the environment
• Contribute positively to wider society through Epic and other initiatives
• Improve the management of the wider 17Capital organisation by diversifying and integrating more 17Capital stakeholder

We are delighted to announce as part of achieving these objectives and demonstrating 17Capital’s commitment to the wider ESG agenda at both an investment level and management company level, 17Capital is now a UN PRI signatory.

This means 17Capital has committed to implementing the six Principles for Responsible Investment set out by the UNPRI (the “Principles”) and will contribute to developing a more sustainable global financial system.

In signing up to the Principles, 17Capital publicly commits to:

• Contribute to the overall effort to reduce the impact of its activities on the environment
• Contribute positively to wider society through Epic and other initiatives

We believe this will improve our ability to meet 17Capital’s commitments to our beneficiaries and better align 17Capital’s investment activities with the broader interests of society.

We encourage other investors to also adopt the Principles.

In signing up to the Principles, 17Capital publicly commits to:

Principle 1
We will incorporate ESG issues into investment analysis and decision-making processes.
Principle 2
We will be active owners and incorporate ESG issues into our ownership policies and practices.
Principle 3
We will seek appropriate disclosure on ESG issues by the entities in which we invest.
Principle 4
We will promote acceptance and implementation of the Principles within the investment industry.
Principle 5
We will work together to enhance our effectiveness in implementing the Principles.
Principle 6
We will each report on our activities and progress towards implementing the Principles.

The Principles for Responsible Investment were developed by an international group of institutional investors reflecting the increasing relevance of environmental, social and corporate governance issues to investment practices. The process was convened by the United Nations Secretary-General.