Responsible Investment

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Responsible Investment Policy

UNPRI 2020 Assessment Report 

2020/21 ESG Highlights Report

2019 ESG Highlights Report

 

Investing responsibly and paying due consideration to environmental, social and governance (ESG) factors is a matter of strategic priority for Dalmore. Dalmore seeks to invest in infrastructure projects that bring positive socio-economic and environmental benefits, through the provision of new and/or refurbished infrastructure assets that support the delivery of essential public services. Infrastructure assets whose primary activity is the extraction of or generation of electricity from fossil fuels are excluded from our investment strategy.

Intrinsic to our commitment to responsible investing and to the promotion of high standards of business ethics and integrity is the belief that ESG factors can have a material impact on the long-term performance of infrastructure assets and support long-term value to our investors. Dalmore also believes that ESG best practices must extend beyond the investments made on behalf of our investors to our behaviour as a firm and as a good corporate citizen.

Dalmore has been a signatory to the UN-backed Principle for Responsible Investment (UNPRI) since November 2013.

Disclosures in accordance with Regulation (EU) 2019/2088 Sustainable Finance Disclosures Regulation (the “SFDR”)

The Dalmore remuneration policy outlines the importance of the consideration of ESG risks in the advancement of a career at Dalmore. It is important to Dalmore that all employees are fully aligned with the Responsible Investment Policy and adherence to such policy will be considered in every individual’s performance assessments. Such performance assessments will be linked to and impact the remuneration of employees. Where required, fund specific disclosures required in accordance with the SFDR will be made available in the data room and the investor portal for the relevant fund, as applicable. Dalmore do not currently consider the adverse impacts of investment decisions on sustainability factors within the meaning of the SFDR. While ESG considerations are integrated into Dalmore’s investment process as outlined in Responsible Investment Policy the detailed rules underlying the SFDR will require Dalmore to ascertain the availability of the data expected to be reported under the new requirements of the SFDR. As such, the position will continue to be monitored and reviewed by Dalmore as the underlying rules are finalised.