Commitment to Environment, Social and Governance (“ESG”)

As APAC investment specialists committed to developing best-in-class investment solutions, we believe that responsible investment practices are integral to generating strong risk-adjusted returns with long-term sustainable value.

Participation in ESG initiatives

Seviora Capital maintains a strong commitment to integrating ESG into our investment processes, and are a signatory and supporter of industry-leading initiatives:

We are committed to responsible investing as a signatory of the Principles for Responsible Investment (“PRI”).
We exercise responsible allocation and management of capital in support of the principles under the Singapore Stewardship Principles (“SSP”).
We stay cognisant of existing and emerging ESG issues, including climate change, as a supporter of the Task Force for Climate-related Financial Disclosures (“TCFD”) and a member of the International Financial Reporting Standards Foundation (“IFRS”) Sustainability Alliance.
In particular, climate action is a priority for us, and we are a supporter of the Task Force for Climate-related Financial Disclosures (“TCFD”) as well as a member of the Asia Investor Group on Climate Change (“AIGCC”). We have also committed to assessing and disclosing the GHG emissions associated with our portfolio of investments as a Partnership for Carbon Accounting Financials (“PCAF”) signatory.

Our approach towards stewardship and engagement

Stewardship is a fundamental aspect of our responsible investment strategy, and we believe that collaborative engagement with stakeholders can contribute to generating sustainable returns and creating value.

With our investees, we select ESG engagement topics by materiality, prioritising ESG risks and opportunities that generate the biggest impact on long-term value.
In our broader stewardship activities, we engage with various non-investee stakeholders, through our memberships in industry associations and other public consultations, in ESG issues that are relevant to our investment mandate and/or organisational strategy.

Integrating ESG into our investment process

ESG factors are incorporated throughout the investment cycle for all our investments. This allows us to identify, assess and manage ESG and climate-related risks as well as capture opportunities in the investments.

Pre-investment	Investment Decision	Monitoring and Stewardship	Reporting
Preliminary risk screening is conducted for all investments, including negative screening, to restrict high-risk activities or companies from investment. Comprehensive due diligence processes are also conducted based on Sustainability Accounting Standards Board (“SASB”) Standards and TCFD recommendations to understand the maturity of a target’s ESG processes and identify potential ESG risks and opportunities.	ESG analysis is considered alongside other parameters and formally documented as part of the Investment Committee’s paper when informing investment decisions.	We regularly monitor ESG performance, including tracking of key ESG metrics, to evaluate progress of investees over time. We also conduct engagement and stewardship activities with investees to manage ESG risks and maximise overall long-term value.	Updates regarding ESG practices and progress are provided to our investors as part of our regular reporting. Reporting is aligned to TCFD recommendations where relevant.

Pre-investment

Investment Decision

Monitoring and Stewardship

Reporting

Preliminary risk screening is conducted for all investments, including negative screening, to restrict high-risk activities or companies from investment.

Comprehensive due diligence processes are also conducted based on Sustainability Accounting Standards Board (“SASB”) Standards and TCFD recommendations to understand the maturity of a target’s ESG processes and identify potential ESG risks and opportunities.

ESG analysis is considered alongside other parameters and formally documented as part of the Investment Committee’s paper when informing investment decisions.

We regularly monitor ESG performance, including tracking of key ESG metrics, to evaluate progress of investees over time.

We also conduct engagement and stewardship activities with investees to manage ESG risks and maximise overall long-term value.

Updates regarding ESG practices and progress are provided to our investors as part of our regular reporting.

Reporting is aligned to TCFD recommendations where relevant.

Investment lifecycle

ESG in our operations

As a steward of the environment, Seviora Capital seeks to reflect our ESG beliefs and expectations in our own operations, endeavouring to minimise any negative ESG impacts from our business. This includes the implementation of the following initiatives:

Goal	Initiatives
Reduce electricity consumption	Use of 100% LED lighting in our offices, which is more energy efficient Adjustment of default thermostat temperatures based on user feedback Turning off the electricity in unused office spaces when fewer employees are present
Minimise waste	Participation in Nespresso’s coffee pod recycling programme Recycling of e-waste via DUO Tower’s quarterly e-waste collection programme Installation of recycling bins within office premises Employees are encouraged to practice low-waste habits such as printing in duplex mode and reducing the use of disposables
Incorporate sustainability into procurement processes	Expansion of due diligence and monitoring questionnaires to include sustainability considerations, so that potential and existing suppliers are assessed based on ESG-related areas, including their climate-related risk management processes

We continue to explore new and innovative ways to reduce our environmental impact where practicable.

Commitment to Environment, Social and Governance (“ESG”)

Participation in ESG initiatives

Our approach towards stewardship and engagement

Integrating ESG into our investment process

ESG in our operations

Policies and disclosures