BaltCap received a silver-level Quality Lable in the 5th Corporate Social Responsibility Index 2012 in Estonia.
BaltCap participated in the CSR Index Estonia for the 3rd concecutive year . The company was one of the 6 small companies (less than 50 employees) that received CSR Quality Labels.
BaltCap has followed the policies and practices of Responsible Investment since its first funds and believes that environmental, social and corporate governance issues play an increasingly important role in today’s business environment. BaltCap highly appreciates the concept of corporate social responsibility and hopes to be a role model for many other firms.
The CSR Index is led by the Responsible Business Forum in collaboration with the Ministry of Economic Affairs and Communications, the EBS Ethics Centre and business newspaper Äripäev. The Index aims to assist companies to define, evaluate and monitor their economic, social and environmental impact. It enables companies to receive feedback and compare their results with their peers, thus identifying the future needs for development.
The official CSR Quality Label is given to the organizations whose result in the Responsible Business Index of Estonia proved their high performance in terms of strategic approach to corporate responsibility and well-planned and delivered responsible activities towards local community, environment, workplace and marketplace.
The questionnaires the contestants had to fill out were evaluated by industry experts and the best companies were awarded with the Quality Label. Gold, silver and bronze category labels were given to companies according to the aggregated results. There were 63 participants this year and 34 of them gained the Quality Label.
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