We believe that responsible ESG management creates and protects long-term value. Only by creating attractive returns may we - as Glentra Capital and as a society as a whole - attract the necessary funds and truly accelerate the transformation that is needed. As such we will strive to invest in companies where the majority of the revenue is directly or indirectly derived from an emission-reducing activity. Our approach will contribute positively to the United Nations Agenda for Sustainable Development and the corresponding Sustainable Development Goals.
The EU has adopted several regulations to promote sustainable investments. For fund managers, such as Glentra, the EU Sustainable Finance Disclosure Regulation (SFDR) is particularly important. SFDR aims to increase transparency on sustainability risks and impacts by ensuring that fund managers consider and disclose sustainability risks in their investment processes.
Under the SFDR, Glentra must provide sustainability-related information about its funds. Glentra Fund I K/S promotes environmental and social characteristics and is an Article 8 fund in accordance with SFDR.
Sustainability risks are assessed and monitored throughout Glentra’s investment process and lifecycle. A sustainability risk means an environmental, social or governance event or condition that, if it occurs, could cause an actual or a potential material negative impact on the value of an investment.
Glentra focuses on reducing sustainability risks to protect the returns of Glentra Fund I K/S wherever possible. Please find more information regarding Glentra’s integration of sustainability risks here.
We seek to conduct investments in a responsible manner taking into account environmental and social responsibility and good corporate governance during all phases of investment from initial screening, through the due diligence and the investment decision as well as throughout our ownership and divestment process. We are an active owner that goes all in to promote the long-term value creation of our investments.
We support and are guided by the following international standards and norms:
Glentra is a signatory to the UN Principles for Responsible Investments (UN PRI). Adhering to UN PRI’s six principles is an integral part of our investment approach and the foundation for our Sustainable Investment Policy.
Our remuneration policy underpins our strategy, functional performance, and operations for the payment of variable remuneration to employees. Employees' remuneration consists of base salaries and variable remuneration.
We have defined risk indicators to assess risk conduct in relation to sustainability risks, including in connection with investment decision-making. These risk indicators can be quantitative or qualitative, and reflect the relevant sustainability risk aspects of an employee's performance. The risk indicators are set so that the structure of variable remuneration does not encourage excessive risk-taking with respect to direct or indirect sustainability risks.