We believe that applying ethical, social and environmental values to each investment decision builds a better world and helps us generate attractive returns for our investors.
We strive to influence the investment industry to incorporate best practices and work with fund managers and investee companies to improve their Environmental, Social, Governance & Impact (ESG&I) performance. To report on our progress, since 2012, we have been publishing an annual Values Report.
In the 2017 Values Report, we consolidated the data on 22 IRIS metrics, measuring the impact of over 200 of our portfolio companies across more than 50 countries in Frontier and Emerging Markets. We also included 11 case studies that provide a window into how our capital is creating impact on the ground.
We recognize the UN Sustainable Development Goals (SDGs) as a universal framework for sustainable development. So this year, we mapped each of our 200+ investee companies’ alignment with the individual Goals and found that we are most closely aligned with Goal 5 (Gender Equality), Goal 8 (Decent Work and Economic Growth) and Goal 16 (Peace, Justice and Strong Institutions). We will work with other stakeholders to establish and adopt common SDG measurement and reporting methodology.
In June 2017, Sarona signed the Stockholm Declaration alongside leading European investors and government entities, representing over $200bn AUM. Co-led by the UN Global Compact and GRI, and supported by UNPRI, this initiative represents a first-of-its-kind commitment by private and public sector players to work together on setting measurement and reporting standards for the SDGs.
Here is a snapshot of the impacts Sarona’s companies achieved in 2016:
- Companies employed 127,000+ people, 27% of whom were women; the vast majority of the companies provide high-quality jobs, benefits and working conditions
- 85 million people benefitted from our companies’ activities
- 100% of the companies are in full compliance with local labour, tax and environmental regulations
- Two-thirds of the companies have an official policy documenting their commitment to the environment