News & media Cordiant Capital Publishes Inaugural Responsible Investment Report
Cordiant Capital, the specialist global infrastructure and real assets manager, is proud to announce the publication of its first Responsible Investment Report, demonstrating the company’s continued commitment to ensuring that a sustainable and responsible approach goes hand-in-hand with profitable investing.
As an early mover in the world of responsible investment, Cordiant has long recognised the importance of stewardship and the value in the consideration of Environmental, Social and Governance (ESG) factors during the investment process. ESG risk mitigation and analysis, alongside the collection of measurable and quantifiable sustainability performance indicators, are integral to Cordiant’s objective of providing risk-adjusted returns to our investors that are both attractive and responsible. Cordiant understands that being a responsible investor is not an instantly achievable outcome, but rather a goal that requires continuous progress and refinement. In keeping with a strategic review undertaken in 2020 intended to hone our practices and expand the size and depth of the ESG & Impact Team, 2022 saw further development and enhancement of Cordiant’s ESG processes, alongside the implementation of additional responsible investment frameworks.
Benn Mikula, Co-CEO and Managing Partner of Cordiant noted: “We are delighted to both provide this inaugural report on key responsible investment performance highlights for 2022 as well as to take the opportunity to articulate our goals for the future. We have fully integrated sustainability and responsible investing into our investment practice, and the expertise of the ESG team now forms an integral part of Cordiant’s front office processes. We believe that this delivers superior risk analysis and mitigation for our investors, whilst enabling the generation of superior risk-adjusted returns across our suite of infrastructure equity and direct lending funds. Cordiant is committed to transparency and best-practice in this domain, and we intend to publish Responsible Investment Reports on an annual basis.”
Key highlights of 2022 and Cordiant’s aims for the coming year – against which Cordiant has already made significant progress – include:
- Establishing a Sustainability Committee to oversee the implementation of Cordiant’s responsible investment strategy.
- Enhancing the integration of material sustainability factors into the investment process
- Collecting, under a newly developed framework, ESG and impact material key performance indicators from investee companies.
- Conducting a TCFD gap analysis and beginning to report in line with the TCFD’s Recommendations.
- Becoming a member of the Partnership for Carbon Accounting Financials and initiating the measurement of its financed emissions.
The report, which is available to view or download on the company’s website [https://www.cordiantcap.com/esg-impact/], covers Cordiant’s aims for the year ahead, spotlights the ESG performance of its three focus investment sectors, Cordiant’s impact lens and granular approach to alignment with the UN SDGs, and includes its climate focus, climate-related disclosure including the approach to managing sustainability risk, and Cordiant’s GHG footprint for 2022.
Lori Trotter, Cordiant Capital Managing Director and Head of ESG & Impact, said: “On behalf of Cordiant’s ESG and Impact Team, I am very pleased to share our first Responsible Investment Report. As a firm, we are committed to the continuous improvement of our ESG practices and to working closely with our investees to collect meaningful indicator data to track our progress and ensure that we remain aligned with our chosen UN SDG objectives. We believe that, through our ESG and Impact strategy and its diligent implementation, we can create value for both our investors and our investee companies.”
ENDS
Media
Brunswick Group
+44 (0) 20 7404 5959
CordiantCapital@Brunswickgroup.com
About Cordiant Capital
Cordiant 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 select global markets. Since the firm’s relaunch in 2016, Cordiant, a partner-owned and partner-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 and technological dynamism. In addition, Cordiant applies a strong sustainability and ESG overlay to its investment activities.
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. In this way, Cordiant aims to provide value to LPs seeking to complement existing infrastructure equity and infrastructure equity allocations.
Disclaimer
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.
