At Penm we strongly believe in responsible investments. Our approach to investments is sustainable in ways of active ownership, where management of environmental, social and corporate governance (“ESG”) is principled.
We are very much aware of the positive impacts adequate attention on ESG matters has on performance of the investee companies and that this also enables investee companies to address new opportunities in a fast changing environment.
PENM endorses the UN Global Compact principles as well as the IFC Performance Standards, which we strive for our investee companies to comply with. We always require our investee companies to comply with national legislation.
Each year we submit an Environmental, Social and Governance report to our Supervisory Board, in which we report on ESG performance of our investee companies.