Tages Capital SGR is strongly committed on ESG (Environmental, Social and Governance) aspects, with its buy and hold strategy approach to investments on sustainable energy contributing to the Paris Agreement goals towards low carbon economy.
We are also a signatory to the United Nations Principles for Responsible Investment (UN PRI).
The ESG approach pervades the entire organization and characterizes its business model, starting from the strategic direction of the Board of Directors, focused on value creation for all stakeholders, risks mitigation, tangible and reputational company capital growth.
The strategy is implemented by the General Manager with the support of a dedicated ESG team made up of delegates from key divisions involved in the investment selection, risk management, asset management process, operations and investor relations.
The aim of the ESG team is to implement a medium term action plan already set, in order to properly manage ESG issues on portfolio, reducing business and financial risk and improving return to investors.
At Tages Capital we believe that attention to ESG issues is a path always in progress, through a process of continuous improvement of our skills, business actions and their representations, far from being crystalized only once.
With regards to the working environment, all staff are aware and actively committed to recycling, the low consumption of materials (sustainable printing), and correct disposal of waste, energy and water savings. In addition, Tages SGR office has a contract for the supply of electricity produced from renewable sources and in 2019 became plastic free thanks to the installation of purified water dispensers. In 2020 we also introduced an electronic registered mail system for all communications to investors in order to avoid paper consumption.
An internal training program on sustainability issues has been undertaken, starting from environmental issues with a focus on Paris Agreement goals through a workshop on carbon markets mechanisms.
The health and welfare of our employees is very important to us. All staff and their families have private medical insurance, including COVID-19, cover as part of their standard terms and conditions of employment. Welfare programmes are available, and employees are also provided with life and injuries insurance. During the COVID 19 health emergency, we activated business continuity plans, adopting smart working methods for our employees.
