BaltCap was recognized with a Corporate Social Responsibility Certificate and gold level quality label at the Estonian Corporate Responsibility Index 2019 gala.
We participated in the CSR Index Estonia for 9th consecutive year and received the highest, gold level award for the third year in a row.
The quality labels have been given to several hundred responsible businesses for 11 years already. On a gala dinner held on May 22, 78 companies operating in Estonia received either a bronze, silver or gold level quality label for following fair business practices and setting a good example.
It is the third time for BaltCap to receive the highest, gold level quality label showing our continuing contribution to further develop CSR matters and make it a top priority also among our portfolio companies. We value sustainable growth and contribute strategically to the development of the social and natural environment.
BaltCap highly appreciates the concept of corporate social responsibility and hopes to be a role model for many other firms. We have followed the policies and practices of responsible investment since the first funds and believe that environmental, social and corporate governance issues play an increasingly important role in today’s business environment.
Every year we also issue an Environmental, Social and Governance report of our own, this document is based on questionnaires conducted among our portfolio companies. By this we seek to further improve general understanding in ESG matters and identify actions our companies can take to strengthen not only businesses but also reputation and performance.
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 giving ideas and inspiration.
The full results of the 2019 Estonian Sustainable Business Index will be available here: https://indeks.csr.ee/en/