30 October 2023

Cordiant Capital, the Investment Manager for Cordiant Digital Infrastructure Limited (CDIL), a core+, LSE-listed fund (LSE: CORD), today announced that portfolio company České Radiokomunikace (CRA), the Czech Republic’s leading independent multi-asset digital infrastructure platform, has released its 2022 Sustainability & Responsibility Report.

Throughout 2022, CRA demonstrated its commitment to and understanding of sustainable business development by continuously working to ensure that employees, business operations and suppliers meet strict environmental criteria and support CRA’s aim to build sustainable operations by avoiding the overuse of natural resources. In conjunction with Cordiant and other stakeholders, the Company is taking necessary steps towards reducing its overall emissions over the next few years.

Anna Tumova, CRA’s Director of Communications and Public Affairs said: ‘For us, it is an opportunity to show our values and direction in a way that is not just empty words. I am pleased that we are able to implement concrete steps that move us forward’.

Benn Mikula, Co-CEO and Managing Partner of Cordiant Capital, said: ‘In 2022, CRA demonstrated exemplary progress in these areas. CRA’s management have fully integrated ESG principles into their operations without sacrificing their focus on profit, development of growth opportunities and operational excellence’.

Milos Mastnik, CRA’s CEO, said: ‘I am extremely pleased to say that CRA pays extensive attention to ESG. We understand that we are responsible for the environment in which we live and work. We have revised our overall ESG strategy to set goals in each of its areas – i.e., environmental, social, and governance – that will be in line with the UN Global Initiative, and we are gradually implementing them. I will gladly inform you about all these ongoing activities in this report and all of those to come’. 

Key highlights of the report include:

• CRA’s public commitment to meet 100% renewable energy consumption by 1 January 2025
• Minimising waste and promoting recycling
• Air pollution targets
• Water management
• Saving energy and using renewable resources
• IoT and digitalisation
• Covering the Czech Republic with free TV signal (DTT)
• Supporting diversity
• Promoting education and equal opportunities
• Charitable, educational, and development projects
• Competing openly and transparently
• Data protection
• ‘Smart City’ solutions
• Commitment to best practice with ISO certifications

Additionally, CRA outlined its sustainability plans for the future, such as the building of a new, state-of-the-art and energy efficient data centre; drafting a decarbonisation strategy; focusing on the promotion of biodiversity on CRA’s properties; increasing the use of sustainable materials; and cooperation with the City of Prague and other regional governments on the implementation of ‘Smart City’ solutions for the future.

CRA’s Sustainability & Responsibility Report can be found here.  

Media Contact

Brunswick Group
+44 (0) 20 7404 5959
CordiantCapital@Brunswickgroup.com

About the Investment Manager

Cordiant Capital Inc., the Company’s Investment Manager, is a specialist global infrastructure and real assets manager with a sector-led approach to providing growth capital solutions to promising mid-sized companies in Europe, North America and selected global markets. Since the firm’s relaunch in 2016, Cordiant, a partner-owned and -run firm, has developed a track record of exceeding mandated investment targets for our clients.

Cordiant focuses on the next generation of infrastructure and real assets: sectors (digital infrastructure, energy transition infrastructure and agriculture value chain) characterised by growth tailwinds; technological dynamism in how customers deploy the infrastructure Cordiant is financing; and a requirement for sustainability.

With a mix of managed funds offering both value-add and core strategies in equity and debt, our sector investment teams (combining seasoned industry executives with traditional private capital investors) work with investee companies to develop innovative, tailored financing solutions backed by a comprehensive understanding of the sector and demonstrated operating capabilities. Cordiant has offices in Montreal, London, Sao Paulo and Luxembourg.

Disclaimer:

The risks associated with investing in the Fund are outlined in the prospectus. These risks are based upon the Fund’s investment objectives and strategies and describe the material risks of investing in that fund under normal market conditions when considering the Fund’s portfolio as a whole, not each individual investment within the portfolio. This document, which has not been externally audited except where otherwise indicated, does not assess the merits of trading in any of the securities or loans of the company(ies) named herein and should not be relied on as a basis for any such transaction or for any other investment decision. This document does not constitute an offer to sell the securities or loans of the companies named herein or a solicitation of proxies or votes and should not be construed as consisting of investment advice. This material is not intended to be used as a general guide to investing, or as a source of any specific investment recommendations. Cordiant Capital Inc. is not providing any financial, economic, legal, accounting, or tax advice or recommendations. All investments involve risk, and past results do not guarantee future returns. We encourage you to consult with your professional advisor(s) on whether ESG is appropriate with your holistic investment strategy before investing. The material is not intended to make representations as to the environmental and sustainability initiatives of any third parties, whether named herein or otherwise, which may involve information and events that are beyond our control. Local rules on which projects, activities or investments may be considered to be “sustainable,” “green,” “ESG” or similar terms vary from jurisdiction to jurisdiction and this document does not make any representation or warranty as to the accuracy of such descriptions and is subject to any specific disclosures that may be made in relation to any given project, activity, investment at the point of sale where applicable. This document has been prepared using data and methodologies which are subject to certain limitations, including ongoing developments in: (a) applicable laws and regulations; (b) techniques and standards for measuring and analyzing relevant data; (c) judgments, estimations and assumptions; and (d) availability of relevant data. This material does not purport to contain a comprehensive overview of Cordiant’s managed portfolios and may differ from the views and opinions of other departments or divisions of Cordiant and its affiliates. The use of third-party logos is purely for informational purposes. No affiliation, sponsorship or endorsement by or for any third-party trademark owner is hereby expressed or implied. Stock images were included for illustrative purposes and are not owned by or featuring the company that is the subject of every case study. We have included in this report statements that may constitute “forward-looking statements.” Forward-looking statements are not historical facts or statements of current conditions, but instead represent only our beliefs regarding future events, many of which, by their nature, are inherently uncertain and outside our control. These statements are not guarantees of future results or performance and involve certain known and unknown risks, uncertainties and assumptions that are difficult to predict and are often beyond our control. These statements relate to, among other things, our goals, targets, aspirations and objectives, and include the use of projections in connection with aggregated key performance indicator (KPI) metrics provided by third parties, and actual outcomes and results may differ materially from those expressed in, or implied by, any of these forward-looking statements, including KPI projections. Factors that could cause our results to differ from the forward-looking statements include global socio-demographic and economic trends, energy prices, technological innovations, scientific developments, increased availability of relevant data, climate-related conditions and weather events, legislative and regulatory changes, and other unforeseen events or conditions.