Sustainability and Responsible Investment
As a financially focused investor and signatory to the UN Principles for Responsible Investment (‘UN PRI’), Hedgerock Assets Group recognises the importance of environmental, social and governance (‘ESG’) topics on the long-term performance of its funds under management. Hedgerock Assets Group’s approach to sustainability is founded on the strong and consistent link between high environmental, social and governance (ESG) standards and value creation.
Responsible ESG management creates value primarily through selecting and structuring desirable projects with lower risk profiles, and avoiding negative return impacts due to unexpected costs and project delays. To maximise this value creation and manage ESG impacts in a responsible and sustainable manner, consistent with its role as a fiduciary investment manager, Hedgerock Assets Group integrates ESG throughout the investment process and implements ESG at the project level.
Additionally, Hedgerock Assets Group has defined ESG standards for each of its funds, and Hedgerock Assets Group reports directly on ESG topics on a quarterly and annual basis to investors in its funds.
The investments have positive climate and social impacts
The Funds’ investment strategies, which focus on greenfield and renewable energy projects, create positive impact on the environment and aid high quality job creation across global markets. The projects in the Hedgerock Assets Group managed funds’ portfolios at 31 December 2020 once operational, are estimated to sustainably power approximately 3.0 million households and save the equivalent of approximately 5.6m tonnes of CO2 each year.
