BaltCap received a silver-level Quality Label in the 7th Estonian Sustainable Business Index 2014 in Estonia. BaltCap participated in the CSR Index Estonia for the 5th consecutive year.
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 aims at assisting 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 Sustainable 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 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 77 participants this year and 50 of them gained the Quality Label. Both numbers have been growing year by year.
The Responsible Business Quality Label is issued by Responsible Business Forum in Estonia, Ministry of Economic Affairs, Estonian Business School, KPMG Baltics and major business newspaper Äripäev.
The full results of the 2014 Estonian Sustainable Business Index are available here: Results